Collateral Agent definition

Collateral Agent as defined in the preamble hereto.
Collateral Agent means the Administrative Agent acting as collateral agent for the Secured Creditors pursuant to the Security Documents.
Collateral Agent shall have the meaning assigned to such term in the preamble.

Examples of Collateral Agent in a sentence

  • During the period of actual use, occupation or control by the ABL Collateral Agent (the “Access Period”) of any Term Loan Priority Collateral, the ABL Secured Parties shall be obligated to repair at their expense any physical damage (ordinary wear-and-tear excepted) to such Term Loan Priority Collateral resulting from such use, occupation or control to leave the property in substantially the same condition as it was at the commencement of the Access Period.

  • Each Term Loan Collateral Agent and each Term Loan Secured Party agreed that none of them shall offer to provide any financing under Section 364 of the Bankruptcy Code or any similar Bankruptcy Law that would be secured by Liens on ABL Priority Collateral on a senior or pari basis to the Liens of the ABL Collateral Agent on the ABL Priority Collateral.

  • If any Term Loan Collateral Agent or ABL Collateral Agent takes actual possession of any documentation which contain information identifying to ABL Priority Collateral or Term Loan Priority Collateral, then the ABL Collateral Agent or any Term Loan Collateral Agent, as applicable, shall be able to inspect and copy such documentation with reasonable advance notice.

  • Each Term Loan Collateral Agent, for itself and on behalf of the relevant Term Loan Secured Parties, agreed to waive any claim it may hereafter have against any ABL Secured Party arising out of the election of any ABL Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code with respect to any ABL Priority Collateral.

  • The ABL Collateral Agent shall have the exclusive right to enforce rights, exercise remedies (including set off) and make determinations regarding the disposition of the ABL Priority Collateral without any consultation with or the consent of any Term Loan Collateral Agent or any Term Loan Secured Party.


More Definitions of Collateral Agent

Collateral Agent shall have the meaning assigned to such term in the introductory statement to this Agreement.
Collateral Agent as defined in the preamble to this Agreement.
Collateral Agent shall have the meaning provided in the first paragraph of this Agreement.
Collateral Agent means Bank of America, in its capacity as collateral agent or pledgee in its own name under any of the Loan Documents, or any successor collateral agent.
Collateral Agent means the Person who is then the Collateral Agent thereunder.
Collateral Agent means JPMorgan Chase Bank, N.A, in its capacity as collateral agent for the Secured Parties hereunder and under the other Loan Documents, and its permitted successors in such capacity as provided in Article 8.
Collateral Agent means U.S. Bank National Association in its capacity as “Collateral Agent” under this Indenture and under the Security Documents and any successor thereto in such capacity.