Class Debt Representatives definition

Class Debt Representatives has the meaning assigned to such term in Section 8.09.
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Class Debt Representatives has the meaning given to such term in Section 8.04. “Collateral” means the First Lien Collateral and the Second Lien Collateral.
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Class Debt Representatives means each Senior Class Representative and/or each Second Priority Class Representative, as applicable.
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Examples of Class Debt Representatives in a sentence

  • Each of the Controlling Agent, the Senior Class Debt Representatives and the First Lien Secured Parties shall not be responsible for keeping any other party informed of (a) the financial condition of the Borrower and Subsidiary Guarantors and all endorsers or guarantors of the First Lien Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the First Lien Obligations.

  • The Controlling Agent, the Senior Class Debt Representatives and the First Lien Secured Parties shall have no duty to advise any other party hereunder of information known to it or them regarding such condition or any such circumstances or otherwise.

  • Each of the Senior Class Debt Representatives (on behalf of itself and the First Lien Secured Parties it represents) irrevocably authorizes the Collateral Agent, at its option, to release any Lien on any property granted to or held by the Collateral Agent under any First Lien Security Document in accordance with Section 2.04 or upon receipt of a written request from the Borrower stating that the releases of such Lien is permitted by the terms of each Secured Credit Document then in effect.


More Definitions of Class Debt Representatives

Class Debt Representatives has the meaning assigned to such term in Section 8.08(a). “Closing Date” means the date hereof.
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Class Debt Representatives means, collectively, the First Lien Class Debt Representatives and Second Lien Class Debt Representatives.
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Class Debt Representatives shall have the meaning set forth in Section 5.7.
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Related to Class Debt Representatives

  • Debt Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent or representative under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.