Term Collateral Agent definition

Term Collateral Agent has the meaning assigned to such term in the preamble to this Agreement.

Term Collateral Agent as defined in the recitals hereto.

Term Collateral Agent means Bank of America, N.A., in its capacity as collateral agent for the benefit of the Term Finance Parties, and its successor or successors in such capacity.

Examples of Term Collateral Agent in a sentence

• Notwithstanding any implication to the contrary in any provision in any other section of the Agreement, neither the Term Collateral Agent nor the Revolving Credit Collateral Agent makes any representation regarding the validity or binding effect of the Term Priority Lien Documents or Revolving Credit Loan Documents, respectively, or their authority to bind any of the Claimholder’s through their execution of this Agreement.

• The New Agent shall agree in a writing addressed to the Revolving Credit Collateral Agent, the Term Collateral Agent, the Revolving Credit Claimholders and the Term Priority Lien Claimholders, as the case may be, to be bound by the terms of this Agreement.

• Upon the Discharge of Revolving Credit Obligations, the Revolving Credit Collateral Agent shall deliver to the Term Collateral Agent any Collateral and proceeds of Collateral held by it in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct to be applied by the Term Collateral Agent in such order as specified in the Term Priority Lien Documents.

• Each of the Revolving Credit Collateral Agent and the Term Collateral Agent may request from the other an accounting of the identification of the proceeds of Collateral (and the Revolving Credit Collateral Agent and the Term Collateral Agent, as the case may, upon which such request is made shall deliver such accounting reasonably promptly after such request is made).

• This Agreement shall be binding upon the Revolving Credit Collateral Agent, the Revolving Credit Claimholders, the Term Collateral Agent and the Term Priority Lien Claimholders and their respective successors and assigns.

More Definitions of Term Collateral Agent

Term Collateral Agent has the meaning given to such term in Section 8.01(b) and its successors in such capacity as provided in Article VIII.

Term Collateral Agent means the “Collateral Agent” as defined in the Term Credit Agreement or any collateral agent under any Permitted Refinancing Indebtedness of the Term Credit Agreement.

Term Collateral Agent shall have the meaning set forth in the Intercreditor Agreement.

Term Collateral Agent shall have the meaning assigned that term in the Intercreditor Agreement.

Term Collateral Agent shall have the meaning set forth in the recitals hereto and includes any New Term Agent to the extent set forth in Section 2.4(g).

Term Collateral Agent means DB in its capacity as collateral agent for the Secured Creditors (as defined in the Term Loan Credit Facility) under the Security Documents (as defined in the Term Loan Credit Facility), and any successor agent in such capacity.

Term Collateral Agent as defined in the Preamble.