First Priority Agent definition

First Priority Agent means, with respect to (a) any ABL Priority Collateral, the ABL Agent and (b) any Term Loan Priority Collateral, the Term Loan Agents.

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First Priority Agent means the Administrative Agent and any successor designated as such by the holders of First Priority Claims.

First Priority Agent shall have the meaning assigned to such term in the preamble to this Agreement.

Examples of First Priority Agent in a sentence

Holdings shall provide the First Priority Agent with periodic written updates regarding the status of any such transfers upon reasonable request by the First Priority Agent (acting at the direction of the Required Lenders).
Each Loan Party shall be the sole account holder of each Deposit Account and Securities Account and shall not allow any other Person (other than Administrative Agent, and, subject to the applicable Intercreditor Agreement, the First Priority Agent and/or ABL Agent) to have control over a Deposit Account, Securities Account or any Property deposited therein.

More Definitions of First Priority Agent

First Priority Agent has the meaning assigned to that term in the Recitals to this Agreement.

First Priority Agent has the meaning given to the term “Controlling Collateral Agent” in the First Lien Priority Intercreditor Agreement.

First Priority Agent has the meaning set forth in the Intercreditor Agreement.

First Priority Agent means JPMorgan Chase Bank, N.A., in its capacity as Administrative Agent under the First Priority Credit Agreement, and any successor First Priority Agent appointed thereunder.

First Priority Agent has the meaning set forth in the preamble.

First Priority Agent means the administrative agent for the lenders under the New Senior Secured Revolving Credit Facility, together with its successors and permitted assigns in such capacity.

First Priority Agent means, with respect to (a) any ABL Facility First Priority Collateral, the ABL Agent, and (b) any Term Facility First Priority Collateral, the Designated Term Loan Agent, as applicable.