Directing Term Loan Collateral Agent definition

Directing Term Loan Collateral Agent means (a) until the Discharge of First Lien Obligations, the Directing First Lien Collateral Agent and (b) thereafter, the Directing Second Lien Collateral Agent.
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Directing Term Loan Collateral Agent means (a) the Term Loan Collateral Agent under the Term Loan Credit Agreement unless (and until) the Discharge of Term Loan Obligations has occurred solely with respect to the Term Loan Obligations under the Term Loan Credit Agreement and the Term Loan Documents with respect thereto and (b) thereafter, the Person designated in writing by the holders of a majority of the Term Loan Obligations constituting principal from time to time to act as Directing Term Loan Collateral Agent hereunder.
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Examples of Directing Term Loan Collateral Agent in a sentence

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  • All notices to the ABL Facility Secured Parties and the Term Loan Secured Parties under this Agreement shall also be sent to the ABL Facility Collateral Agent and the Directing Term Loan Collateral Agent, respectively.

  • Notwithstanding the provisions of any other Term Loan Document or ABL Facility Document, the Directing Term Loan Collateral Agent and the ABL Facility Collateral Agent may make any amendments, restatements, amendment and restatements, supplements or other modifications to this Agreement to correct any ambiguity, omission, mistake, defect or inconsistency contained herein without the consent of any other Person.

  • The Term Loan Collateral Agent, on behalf of itself and the other Term Loan Secured Parties, and the ABL Facility Collateral Agent, on behalf of itself and the other ABL Facility Secured Parties, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by the Directing Term Loan Collateral Agent or the ABL Facility Collateral Agent, as the case may be.

  • Two years on since the UK voted to leave the EU, the timing of the divorce— known as Brexit—originally due at the end of March, remains undecided as of mid-May (when this report is written).

  • The Term Loan Secured Parties shall be deemed to have irrevocably appointed the Directing Term Loan Collateral Agent as their exclusive agent hereunder.

  • If the character of the work so permits, and with the authorization of the author, his heirs or his successors in title, he may entrust the completion of the work to a third party, mentioning the fact in the edition, in which the added text shall be clearly distinguished typographically.

  • The Directing Term Loan Collateral Agent is hereby authorized to make any such endorsements as agent for the ABL Facility Collateral Agent, any such ABL Facility Secured Parties and the other Term Loan Collateral Agents or any such Term Loan Secured Parties.

  • Until the Discharge of Term Loan Obligations has occurred, the ABL Facility Collateral Agent, on behalf of itself and the other ABL Facility Secured Parties, agrees that none of them shall seek (or support any other person seeking) relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of the Term Loan Priority Collateral without the prior written consent of the Directing Term Loan Collateral Agent.

Related to Directing Term Loan Collateral Agent

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement, dated as of August 30, 2012, among the Borrower, Credit Suisse, as administrative agent, and the various lenders and agents party thereto from time to time.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • ABL Collateral Agent means JPMorgan Chase Bank, N.A., in its capacity as collateral agent for the ABL Facility Secured Parties, together with its successors and permitted assigns under the ABL Facility Agreement and the ABL Facility Collateral Documents.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • Controlling Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Additional Collateral Agent (acting on the instructions of the Applicable Authorized Representative).

  • ABL/Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Closing Date, by and among the Collateral Agent, Xxxxxx Xxxxxxx Senior Funding, Inc., as collateral agent under the Second Lien Term Loan Credit Agreement, Bank of America, N.A., as collateral agent under the ABL Credit Agreement, Parent and the Subsidiary Loan Parties party thereto, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Supplemental Collateral Agent has the meaning specified in Section 7.01(c).

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Existing Term Loan Agreement means that certain Term Loan Agreement dated as of September 29, 2016 among the Borrower, the Parent, the other guarantors party thereto, the lenders party thereto and PNC Bank, National Association, as administrative agent, as the same has been or may hereafter be, amended or otherwise modified, together with any replacement or successor term loan facility that Borrower may enter into (including without limitation, any amendment and restatement of the Term Loan Agreement referred to above).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Credit Agreement Secured Parties means the “Secured Parties” as defined in the Credit Agreement.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Existing Term Loan has the meaning specified in Section 2.01(b).