Senior Lien Trustee definition

Senior Lien Trustee means U.S. Bank National Association as trustee, and its permitted successors and assigns under the Senior Lien Trust Agreement from time to time.
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Senior Lien Trustee means U.S. Bank National Association as successor trustee, or its permitted successor as trustee under the Senior Lien Trust Agreement from time to time.
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Senior Lien Trustee means the financial institution designated as trustee under the Senior Bond Indenture, currently U.S Bank National Association, or its successor as trustee under such indenture.
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Examples of Senior Lien Trustee in a sentence

  • As soon as available, but in any event within ten (10) days after the issuance and delivery of any additional Senior Bonds or Parity Obligations, deliver to the Lender a copy of the certificates that are required to be delivered to the Senior Lien Trustee pursuant to Sections 3.02(D) and (F) of the Senior Lien Trust Agreement (if applicable).

  • All cheques, drafts, bills of exchange, promissory notes and other negotiable instruments must be signed by any two (2) members of the Council or other members of the ASCC authorised by Council to do so.

  • Any amounts remaining on deposit in the Interest Fund on the Business Day preceding the receipt of Sales Tax Revenues from the Senior Lien Trustee in June of each year in excess of amounts needed to pay interest due in June on Notes or Parity Debt that is to be paid from Revenues, shall, upon the Authority’s written request, be transferred [to the Senior Lien Trustee for application pursuant to the Senior Bond Indenture].

  • On each day of receipt by the Trustee of Sales Tax Revenues, all Sales Tax Revenues remaining after the Trustee shall have made the allocations described in this Article V shall be available to the Authority for all lawful Authority purposes and the Trustee shall, to the full extent practicable, transfer the remaining Sales Tax Revenues to the Senior Lien Trustee on the same day as the receipt thereof.

  • For so long as the Sales Tax Revenues shall be transmitted by the CDTFA directly to the Senior Lien Trustee in accordance with the provisions set forth above, in the event that any Sales Tax Revenues are paid to the Authority directly by the CDTFA, the Authority will receive and hold in trust for (and remit immediately to) the Senior Lien Trustee any such Sales Tax Revenues.

  • Upon the payment of Subordinate Obligations as directed by and in accordance with the written direction of the Authority, remaining Revenues, if any, shall be transferred to the Senior Lien Trustee and may be used for any lawful purpose of the Authority in accordance with the Senior Lien Bond Indenture.

  • The Authority further covenants that it has taken such actions as required to cause the CDTFA to process and supervise collection of said transactions and use taxes and to transmit Sales Tax Revenues directly to the Senior Lien Trustee.

  • Out of Revenues there shall be applied as hereinafter set forth all sums required for the payment of the principal of and interest on the Notes and all Parity Debt and then returned to the Senior Lien Trustee.

  • As soon as available, but in any event within ten (10) days after the issuance and delivery of any additional Senior Bonds or Parity Obligations, deliver to the Owner Representative a copy of the certificates that are required to be delivered to the Senior Lien Trustee pursuant to Sections 3.02(D) and (F) of the Senior Lien Trust Agreement (if applicable).

  • In addition, the Senior Lien Indenture may require the consent of the holders of the Senior Xxxx Xxxxx (or some percentage thereof) and the Senior Lien Trustee be obtained before any amendment to paragraphs FIRST, SECOND and THIRD of Section 5.3 hereof may take effect.


More Definitions of Senior Lien Trustee

Senior Lien Trustee means The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A., as successor to BNY Western Trust Company, as successor in interest to Xxxxx Fargo Bank, N.A., as successor by merger to First Interstate Bank of California, or its permitted successor trustee under the Senior Lien Trust Agreement.
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Senior Lien Trustee has the meaning set forth in the Recitals.
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Related to Senior Lien Trustee

  • Senior Lien means the Liens on the Senior Collateral in favor of the Senior Secured Parties under the Senior Collateral Documents.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Senior Liens means (a) with respect to the ABL Priority Collateral, all Liens securing the ABL Obligations and (b) with respect to the Term Loan Priority Collateral, all Liens securing the Term Loan Obligations.

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

  • Junior Lien Intercreditor Agreement means an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent between the Administrative Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to the Liens of the Loan Documents.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Obligations covered hereby, the Initial Second Priority Representative and (ii) in the case of any other Second Priority Debt Facility, the Second Priority Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • Senior Representative means, with respect to any series of Permitted First Priority Refinancing Debt, Permitted Second Priority Refinancing Debt or other Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Senior Lien Obligations means all revenue bonds and other obligations of the RECIPIENT outstanding on the date of execution of this loan agreement (or subsequently issued on a parity therewith, including refunding obligations) or issued after the date of execution of this loan agreement having a claim or lien on the Gross Revenue of the Utility prior and superior to the claim or lien of the loan, subject only to Maintenance and Operation Expense.

  • ABL Agent means Bank of America, N.A., in its capacity as administrative agent and collateral agent under the ABL Facility Documentation, or any successor agent or under the ABL Facility Documentation.

  • Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Notes Trustee has the meaning assigned to such term in the Recitals to this Agreement.

  • Junior Lien means a Lien granted by a security document to the Collateral Trustee, at any time, upon any Collateral to secure Junior Lien Obligations.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Note Agent means any Registrar, Paying Agent or Conversion Agent.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • Junior Lien Representative means the trustee, agent or representative of the holder of any Series of Junior Lien Debt who maintains the transfer register for such Series of Junior Lien Debt and is appointed as a Junior Lien Representative (for purposes related to the administration of the security documents) pursuant to the indenture, credit agreement or other agreement governing such Series of Junior Lien Debt, together with its successors in such capacity.