Senior Secured Creditor Representative definition

Senior Secured Creditor Representative has the meaning assigned to such term in the Collateral and Intercreditor Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Senior Secured Creditor Representative means (a) with respect to the Senior Secured Debt under any Senior Secured Debt Instrument, the applicable Senior Secured Debt Holder Representative and (b) with respect to the Senior Secured Obligations arising under each Senior Secured Hedge Agreement, the relevant Senior Secured Hedge Counterparty, on its own behalf.

Senior Secured Creditor Representative means each Agent in respect of Senior Secured Creditor Liabilities or, in each case, any person appointed by any such Agent (and notified to Listco, the Security Agent and each other Agent) to act on its behalf for the purposes of Clause 13 (Enforcement of Transaction Security).

Examples of Senior Secured Creditor Representative in a sentence

Each notice to be given by the T4 Collateral Agent or the T4 Intercreditor Agent to a Senior Secured Creditor hereunder shall be deemed effectively given to such Senior Secured Creditor if effectively given to the Senior Secured Creditor Representative representing such Senior Secured Creditor.
The T4 Collateral Agent shall give prompt notice to each Senior Secured Creditor Representative and the T4 Intercreditor Agent and T4 Accounts Bank, as applicable, of receipt of each notice or request required or permitted to be given to the T4 Collateral Agent by the Borrower pursuant to the terms of this Agreement or any other Senior Secured Credit Document (unless concurrently delivered to the relevant Senior Secured Parties by the Borrower).
Promptly after taking any such action, the Senior Secured Debt Holder Representative for such Senior Secured Debt Holders shall deliver written notice thereof to the T4 Intercreditor Agent, who shall provide such notice to the T4 Collateral Agent and to each Senior Secured Creditor Representative (which shall provide such notice to its Senior Secured Creditors).
The T4 Collateral Agent will permit each Senior Secured Creditor Representative and the Borrower, upon reasonable written notice, to inspect and copy, from time to time and at the cost and expense of the Borrower, any and all Senior Security Documents and other documents, notices, certificates, instructions or communications received by the T4 Collateral Agent in its capacity as such hereunder and under the other T4 Collateral Documents.
Each Senior Secured Creditor Representative shall promptly inform its Senior Secured Creditors of any Notice of Default received by it.
The T4 Intercreditor Agent shall promptly inform each Senior Secured Creditor Representative and the T4 Collateral Agent of any Notice of Default received by it.
In order to benefit from the Liens established by the Senior Security Documents and the intercreditor provisions with respect to Modifications, Waivers, Consents and Enforcement Actions hereunder, each Senior Secured Creditor Representative not originally a party hereto shall be required to deliver a CIA Accession Confirmation.
The T4 Collateral Agent will distribute to each Senior Secured Creditor Representative and the T4 Intercreditor Agent and T4 Accounts Bank, as applicable, each document and other communication received by the T4 Collateral Agent from the Borrower for distribution to the relevant Senior Secured Parties by the T4 Collateral Agent in accordance with the terms of this Agreement or any other Senior Secured Credit Document.
Each of the agreements and undertakings by a Senior Secured Creditor Representative hereunder shall be deemed to have been made by such Senior Secured Creditor Representative on its own behalf and on behalf of each Senior Secured Creditor represented by such Senior Secured Creditor Representative.
No action under or in connection with this Agreement shall be brought against any Non-Recourse Party, and no judgment for any deficiency upon the obligations hereunder shall be obtainable by the T4 Intercreditor Agent, the T4 Collateral Agent, any Senior Secured Creditor Representative or any Senior Secured Debt Holder against any Non-Recourse Party.

More Definitions of Senior Secured Creditor Representative

Senior Secured Creditor Representative. “Senior Noteholder”, “Senior Notes Trustee”, “Senior Parent Creditor”, “Senior Parent Creditor Representative”, “Senior Parent Noteholder” or “Senior Parent Note Trustee” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

Senior Secured Creditor Representative means the Initial Senior Agent and any other representative that is a Creditor Representative of the type described in paragraph (b) or (c) of that definition.