Agent’s Lien definition

Agent’s Lien has the meaning specified therefor in the Credit Agreement.

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Agent’s Lien means the Lien granted to Agent by Borrowers pursuant to this Agreement and the other Security Documents.

Agent’s Lien. Lien granted by the Parent and its Subsidiaries to the Collateral Agent under the Loan Documents.

Examples of Agent’s Lien in a sentence

• The Administrative Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Loan Party in connection therewith, nor shall the Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral.

• If this Agreement is terminated, Collateral Agent’s Lien in the Collateral shall continue until the Obligations (other than inchoate indemnity obligations) are repaid in full in cash.

• Execute any further instruments and take such further action as the Administrative Agent reasonably deems necessary to perfect, protect, ensure the priority of or continue the Administrative Agent’s Lien on the Collateral or to effect the purposes of this Agreement.

• Borrower shall protect and defend Borrower’s title to the Collateral and Agent’s Lien thereon against all Persons claiming any interest adverse to Borrower or Agent other than Permitted Liens.

• Borrower represents, warrants, and covenants that the security interest granted herein is and shall at all times continue to be a first priority perfected security interest in the Collateral, subject only to Permitted Liens that are permitted by the terms of this Agreement to have priority to Collateral Agent’s Lien.

More Definitions of Agent’s Lien

Agent’s Lien means the Liens granted by the Borrower or its Subsidiaries to Agent under the Loan Documents and securing the Obligations.

Agent’s Lien or any granting of Collateral to Agent in this Agreement or any Loan Document means the Lien granted to Agent for the ratable benefit of the Lenders.

Agent’s Lien or any granting of collateral to Agent in this Agreement or any Loan Document means the Lien granted to Agent for the ratable benefit of the Lenders. If this Agreement is terminated, Agent’s Lien in the Collateral shall continue until the Obligations (other than inchoate indemnity obligations) are repaid in full in cash. Upon payment in full in cash of the Obligations (other than inchoate indemnity obligations) and at such time as the Lenders’ obligation to make Credit Extensions has terminated, Agent shall, at the sole cost and expense of Borrower, release its Liens in the Collateral and all rights therein shall revert to Borrower.

Agent’s Lien the Liens granted to the Agent for the ratable benefit of the Banks pursuant to the Security Documents.

Agent’s Lien means any Lien granted to the Agent in the Collateral.

Agent’s Lien means, collectively, “Agent’s Lien” as defined under the Domestic Credit Agreement and “Agent’s Lien” as defined under the EXIM Credit Agreement.

Agent’s Lien means the liens granted by the Grantors to the Agent under the Security Documents.