Senior Secured Collateral Agent definition

Senior Secured Collateral Agent means U.S. Bank National Association, and any and all successors thereto, as trustee and collateral agent (together with its successors and permitted assigns) under the Senior Secured Notes Indenture.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Senior Secured Collateral Agent. (i) has the meaning assigned to such term in the introductory paragraph of this Agreement and (ii) means JPMCB in its capacity as collateral agent under the TLB Proceeds Loan Security Documents (as defined in the Senior Secured Credit Agreement), and in each case shall include any successor collateral agent as provided in Article VIII of the Senior Secured Credit Agreement.

Senior Secured Collateral Agent means the collateral agent under the Senior Secured Security Agreement and each Mortgage, which shall initially be the Trustee.

Examples of Senior Secured Collateral Agent in a sentence

• Notwithstanding the foregoing, the relative rights and obligations of the Senior Secured Collateral Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any Senior Collateral shall be governed by the terms of the First Lien Intercreditor Agreement and in the event of any conflict between the First Lien Intercreditor Agreement and this Agreement, the provisions of the First Lien Intercreditor Agreement shall control.

• Notwithstanding the foregoing, the relative rights and obligations of the Senior Secured Collateral Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any Senior Collateral shall be governed by the terms of the Pari Passu Intercreditor Agreement and in the event of any conflict between the Pari Passu Intercreditor Agreement and this Agreement, the provisions of the Pari Passu Intercreditor Agreement shall control.

• Notwithstanding the foregoing, the relative rights and obligations of the Senior Secured Collateral Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any Senior Collateral shall be governed by the terms of the First Lien Intercreditor Agreement and in the event of any conflict between the First Lien Intercreditor Agreement and this Agreement, the provisions of the First Lien Intercreditor Agreement shall control, subject to Section 8.23 hereto.

• Notwithstanding the foregoing, the relative rights and obligations of the Senior Secured Collateral Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any Senior Collateral shall be governed by the terms of the Senior Intercreditor Agreement and in the event of any conflict between the Senior Intercreditor Agreement and this Agreement with respect to such rights and obligations, the provisions of the Senior Intercreditor Agreement shall control.

• The Liens granted under the Senior Priority Debt Documents, including any Guarantee, to the Senior Secured Collateral Agent to secure the Senior Secured Parallel Debt are granted to the Senior Secured Collateral Agent, in its capacity as creditor of the Senior Secured Parallel Debt and shall not be held on trust.

• Senior Secured Collateral Agent - Computershare Trust Company of Canada, as collateral agent for the Senior Secured Noteholders under the Senior Secured Indenture, together with its successors and assigns.

• During such one-year period, the Borrower may by notice to the Collateral Agent and the Senior Secured Collateral Agent (which notice shall certify that no Default then exists) identify any purpose for which it would otherwise have been entitled to request a release of such Reinvestable Proceeds and designate the amount that it would otherwise have been able to withdraw to be deemed applied against such re-deposit obligation.

• Notwithstanding the foregoing, the relative rights and obligations of the Senior Secured Collateral Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any Senior Collateral shall be governed by the terms of the Equal Priority Intercreditor Agreement and in the event of any conflict between the Equal Priority Intercreditor Agreement and this Agreement, the provisions of the Equal Priority Intercreditor Agreement shall control.

• Notwithstanding the foregoing, the relative rights and obligations of the Senior Secured Collateral Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any Senior Collateral that constitutes Notes Priority Collateral shall be governed by the terms of the ABL Intercreditor Agreement and in the event of any conflict between the ABL Intercreditor Agreement and this Agreement, the provisions of the ABL Intercreditor Agreement shall control.

More Definitions of Senior Secured Collateral Agent

Senior Secured Collateral Agent means Computershare Trust Company of Canada, as collateral agent (together with its successors and assigns) for the Senior Secured Noteholders under the Senior Secured Indenture.

Senior Secured Collateral Agent means ATHYRIUM OPPORTUNITIES III ACQUISITION LP, a Delaware limited partnership, in its capacity as Collateral Agent for the Senior Secured Note Purchasers.