Third Lien Collateral Agent definition

Third Lien Collateral Agent means any Person acting in such capacity as collateral agent under any Third Lien Credit Agreement and its successors and assigns in such capacity.

Third Lien Collateral Agent shall have the meaning assigned to such term in the preamble to this Agreement.

Third Lien Collateral Agent has the meaning specified in the Intercreditor Agreement.

Examples of Third Lien Collateral Agent in a sentence

• The obligations and responsibilities of the Second Lien Collateral Agent to the Third Lien Collateral Agent and the other Third Lien Secured Parties under this Article V shall be limited solely to holding or controlling the Pledged or Controlled Collateral as gratuitous bailee in accordance with this Article V.

• Each of the First Lien Collateral Agent on behalf of the First Lien Secured Parties, the Second Lien Collateral Agent on behalf of the Second Lien Secured Parties, and the Third Lien Collateral Agent on behalf of the Third Lien Secured Parties, agrees that, without the consent of the others, it will not seek to vote with any of the others as a single class in connection with any plan of reorganization in any Insolvency or Liquidation Proceeding.

• As a condition to any Person becoming a successor Third Lien Collateral Agent, the Third Lien Note Holders shall cause such successor Third Lien Collateral Agent to promptly execute a counterpart to this Agreement.

• The Second Lien Collateral Agent acting pursuant to this Article V shall not, by reason of this Agreement, any other Collateral Document or any other document, have a fiduciary relationship in respect of any other Second Lien Secured Party, the Third Lien Collateral Agent or any other Third Lien Secured Party.

• In connection with any transfer under clause (ii) of the immediately preceding sentence, the First Lien Collateral Agent agrees to take all actions in its power as shall be reasonably requested by the Third Lien Collateral Agent to permit the Third Lien Collateral Agent to obtain, for the benefit of the Third Lien Secured Parties, a first priority security interest in the Pledged or Controlled Collateral.

More Definitions of Third Lien Collateral Agent

Third Lien Collateral Agent means the Person appointed by the Third Lien Secured Parties from time to time to hold the Third Lien Debt Collateral for the benefit of the Third Lien Secured Parties and that becomes a party to this Agreement pursuant to a Debt Agent Joinder Agreement.

Third Lien Collateral Agent means U.S. Bank, National Association in its capacity as collateral agent under the Third Lien Security Documents, together with its successors in such capacity.

Third Lien Collateral Agent means HSBC Bank USA, National Association, in its capacity as collateral agent for the secured creditors under the Third-Lien Credit Documents.

Third Lien Collateral Agent means the collateral agent under the Third-Lien Security Agreement.

Third Lien Collateral Agent means the “Collateral Agent” as defined in the Third Lien Note Purchase Agreement.

Third Lien Collateral Agent has the meaning assigned to that term in the preamble hereto.

Third Lien Collateral Agent shall have the meaning provided in the first paragraph of this Agreement.