UK Collateral Agent definition

UK Collateral Agent means the party named as such above, in its capacity as notes collateral agent with respect to the Debenture Collateral pursuant to the Debenture, until a successor replaces it in accordance with the applicable provisions of this Indenture and thereafter means the successor serving hereunder.

UK Collateral Agent means Chase UK, in its capacity as collateral agent for the UK Revolving Lenders, and its successors and assigns in such capacity.

UK Collateral Agent and “Agents”, as applicable, shall mean each such successor effective upon its appointment, and the former applicable Agent’s rights, powers and duties as applicable Agent shall, as applicable, be terminated without any other or further act or deed on the part of such former Agent or any of the parties to this Agreement. After the resignation of any such Agent hereunder, the provisions of this Section 11.11 shall inure to the benefit of such former Agent and such former Agent shall not by reason of such resignation be deemed to be released from liability for any actions taken or not taken by it while acting as Agent under this Agreement. Notwithstanding the foregoing, without the consent of the Lenders or Borrowers, any Affiliate of Fleet may be appointed (i) by Fleet to replace Fleet as Collateral Agent hereunder, (ii) by Fleet Canada to replace Fleet Canada as Canadian Collateral Agent hereunder and (iii) by Fleet U.K. to replace Fleet U.K. as U.K. Collateral Agent hereunder; provided that, such replacement Canadian Collateral Agent and/or U.K. Collateral Agent shall provide prior notice to Agent and Borrowers of such replacement.

Examples of UK Collateral Agent in a sentence

• Any payments received by the Post-Petition Agent, the ----- Post-Petition US Collateral Agent, the Post-Petition UK Collateral Agent, the US Security Trustee, the UK Security Trustee, the US Agent, the UK Agent, the US Banks or the UK Banks contrary to the provisions of this Intercreditor Agreement shall be held by the recipient in trust and paid to the party entitled thereto under this Intercreditor Agreement.

• The Non U.S. --------------------------- Security Documents, together with such stock certificates, blank stock transfer forms, financing statements and other documents as the UK Collateral Agent may require except as set forth in Section 7.8.

• By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Chairman of the Board and President TRANSDIGM UK HOLDINGS LIMITED By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Director THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee and the US Collateral Agent By: /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Vice President THE BANK OF NEW YORK MELLON, as the UK Collateral Agent By: /s/ Xxxxxx X.

• The US Security Trustee and the Working Capital US Collateral Agent shall allow the UK Security Trustee and the Working Capital UK Collateral Agent and its authorized representatives access at reasonable times and on reasonable notice to all such certificates or documents of title or instruments of transfer or assignment as are held by the Working Capital US Agent and the US Security Trustee in respect of such Charged Shares.

• The Borrower shall cause its --------------------------- Foreign Subsidiaries to execute and deliver to the U.K. Collateral Agent, for the benefit of the Lenders, the Non U.S. Security Documents, together with such filing statements and other documents, as such Agent may reasonably request.

• Notwithstanding any contrary provision ----------------- in this SECTION 6 or otherwise, Borrowers shall cause all Restructure Notes now or in the future executed and delivered by any Company to be pledged (a) if held by a Domestic Company, to Administrative Agent to secure the US Obligation and the UK Obligation, and (b) if held by a Foreign Company, to UK Collateral Agent to secure the UK Obligation.

• The US Security Trustee and the Post-Petition US Collateral Agent shall allow the UK Security Trustee and the Post-Petition UK Collateral Agent and its authorized representatives access at reasonable times and on reasonable notice to all such certificates or documents of title or instruments of transfer or assignment as are held by the Post-Petition US Agent and the US Security Trustee in respect of such Charged Shares.

• Notwithstanding the foregoing, without the consent of the Lenders or Borrowers, any Affiliate of Fleet may be appointed (i) by Fleet to replace Fleet as Collateral Agent hereunder, (ii) by Fleet Canada to replace Fleet Canada as Canadian Collateral Agent hereunder and (iii) by Fleet U.K. to replace Fleet U.K. as U.K. Collateral Agent hereunder; provided that, such replacement Canadian Collateral Agent and/or U.K. Collateral Agent shall provide prior notice to Agent and Borrowers of such replacement.

• By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Chairman of the Board and President TRANSDIGM UK HOLDINGS PLC By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Director THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee and the US Collateral Agent By: /s/ Xxxxxx Xxxx Name: Xxxxxx Xxxx Title: Vice President THE BANK OF NEW YORK MELLON, as the UK Collateral Agent By: /s/ Xxxxxxxx X.

• Xxxxxxxxx Title: Vice President THE BANK OF NEW YORK MELLON, as the UK Collateral Agent By: /s/ Xxxxxx X.

More Definitions of UK Collateral Agent

UK Collateral Agent means RBS, in its capacity as U.K. collateral agent under the Security Documents.

UK Collateral Agent means the Person named as such in the first paragraph of this Indenture until a successor replaces it in accordance with the provisions of this Indenture and, thereafter, means such successor.

UK Collateral Agent means the party named as such above, in its capacity as notes collateral agent with respect to the Debenture Collateral pursuant to the Debenture, until a successor replaces it in accordance with the applicable provisions of this Indenture and thereafter means the successor serving hereunder. “UK Notes” means TransDigm UK’s 6.875% Senior Subordinated Notes due 2026 issued under the Indenture dated May 8, 2018, among TransDigm UK, the Company, Holdings and the guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee. “Unrestricted Cash” means unrestricted cash and Cash Equivalents owned by Holdings, the Company and its Restricted Subsidiaries and not controlled by or subject to any Lien or other preferential arrangement in favor of any creditor (other than Liens created by or pursuant to the Indenture and the Security Documents or Liens in favor of the agent or holders of other Senior Secured Debt, which may be shared ratably with the holders of any other Senior Secured Debt permitted under this Indenture). “Unrestricted Subsidiary” of any Person means (i) any Subsidiary of such Person that at the time of determination shall be, or continue to be, designated an Unrestricted Subsidiary by the Board of Directors of such Person in the manner provided below; and (ii) any Subsidiary of an Unrestricted Subsidiary. The Board of Directors of the Company may designate any Subsidiary (including any newly-acquired or newly-formed Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary owns any Capital Stock of, or owns or holds any Lien on any property of, the Company or any other Subsidiary of the Company that is not a Subsidiary of the Subsidiary to be so designated or another Unrestricted Subsidiary; provided that (i) the Company certifies to the 33

UK Collateral Agent means, at any time, Lloyds Bank Plc (or its successor appointed under SECTION 16), acting as UK-collateral agent for the Lenders under the UK Facility.

UK Collateral Agent shall have the meaning set forth in the preamble.