Shared Lien Collateral Agent definition

Shared Lien Collateral Agent has the meaning assigned to such term in the Intercreditor Agreement.
View Source
Shared Lien Collateral Agent and "Shared Collateral Agent" have the meaning set forth in Section 8.1 hereof.
View Source
Shared Lien Collateral Agent or the "Shared Collateral Agent"), and that each Shared Collateral Document shall secure the First Lien Obligations and the Second Lien Obligations, collectively. The First Lien Collateral Agent and the Second Lien Collateral Agent hereby acknowledge that the Shared Lien Collateral Agent will have "control" under the UCC over each Account subject to a Control Agreement for the benefit of both the First Lien Collateral Agent (on behalf of itself and the First Lien Claimholders) and the Second Lien Collateral Agent (on behalf of itself and the Second Lien Claimholders) pursuant to the Control Agreements relating to each such Account.
View Source

Examples of Shared Lien Collateral Agent in a sentence

  • Certificates of insurance evidencing the existence of all insurance required to be maintained by the Parent Guarantor pursuant to Section 6.05(a) and the designation of the Shared Lien Collateral Agent as the loss payee or additional named insured thereunder.

  • All references to the First Lien Collateral Agent herein shall also include references to the Shared Lien Collateral Agent to the extent applicable under the Intercreditor Agreement.

  • The Concentration Account Control Agreements, each duly executed and delivered by the Shared Lien Collateral Agent and the applicable Concentration Account Bank with respect to a Concentration Account.

  • The Shared Lien Collateral Agent further agrees to take all other action reasonably requested by such Person in connection with such Person obtaining a first-priority interest in the Shared Collateral Documents or as a court of competent jurisdiction may otherwise direct.

  • In furtherance hereof, First Lien Administrative Agent agrees that Shared Lien Collateral Agent is an acknowledged third party beneficiary of the indemnification provided to the First Lien Collateral Agent under Section 10.03 of the First Lien Credit Agreement.

  • The Borrower shall cause to be delivered to the Shared Lien Collateral Agent not later than thirty (30) days after April 1, 2005 the stock certificate(s) issued by Krispy Kreme International, Ltd.

  • In furtherance hereof, the Paying Agent agrees that the Shared Lien Collateral Agent is an acknowledged third party beneficiary of the indemnification provided to the Second Lien Collateral Agent under Section 10.03 of the Second Lien Credit Agreement.

  • The parties hereto agree that the Shared Lien Collateral Agent shall be a third party beneficiary to this Section 10.03 to the extent provided herein.