First Priority Collateral Agent definition

First Priority Collateral Agent means such agent or trustee as is designated “First-Priority Collateral Agent” by First-Priority Secured Parties pursuant to the terms of the Pari Passu Intercreditor Agreement (if then in effect) and the First-Priority Documents; it being understood that as of the date of this Agreement, the First Lien Collateral Agent shall be so designated First-Priority Collateral Agent.

First Priority Collateral Agent means (i) in the case of any First Priority Credit Obligations, the Senior Credit Facilities Collateral Agent and (ii) in the case of any Series of Future First Lien Obligations or Future First Lien Indebtedness Secured Parties that become subject to the First Priority/Second Priority Intercreditor and Subor- dination Agreement after the Issue Date, the collateral agent, administrative agent, trustee or any other similar agent named for such Series in the applicable joinder to the First Priority/Second Priority Intercreditor and Subordination Agreement.

First Priority Collateral Agent means in the case of any Senior Secured Credit Facility Obligations, the First Lien Notes Obligations and any other Additional First Lien Obligations pursuant to which the administrative agent, trustee or any other similar agent named for such series becomes a party pursuant to the terms thereof, the Collateral Agent named under the Junior Intercreditor Agreement, which as of the Issue Date shall be JPMorgan Chase Bank, N.A.

Examples of First Priority Collateral Agent in a sentence

• Without the consent of any holder, the Issuer, the Trustee and the First-Priority Collateral Agent, as applicable, may make certain amendments and supplements to the Indenture, the Notes, the Holdings Guarantee, the Subsidiary Guarantees, the Security Documents and the First Lien Intercreditor Agreement as set forth in the Indenture.

• In addition, the First Lien Intercreditor Agreement may be amended without notice to or consent of any holder, the Trustee or the First-Priority Collateral Agent in connection with the permitted entry into the First Lien Intercreditor Agreement of any class of additional secured creditors holding Other First-Priority Obligations (including, for the avoidance of doubt, Other First-Priority Obligations that have priority under the Priority Waterfall).

More Definitions of First Priority Collateral Agent

First Priority Collateral Agent means JPMorgan Chase Bank, N.A. and its successors or assigns in its capacity as collateral agent for the Secured Parties (as defined in the Credit Agreement).

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

First Priority Collateral Agent means in the case of any Senior Secured Credit Facility Obligations, the Notes Obligations, the Existing First Lien Notes Obligations and any other Additional First Lien Obligations pursuant to which the administrative agent, trustee or any other similar agent named for such Series becomes a party pursuant to the terms thereof, the Collateral Agent.

First Priority Collateral Agent means any Person acting as collateral agent or in any similar representative capacity for the benefit of any of the holders of First Priority Obligations.

First Priority Collateral Agent means CS AG, in its capacity as collateral agent for the First-Priority Secured Parties, together with its successors and permitted assigns under the First-Priority Documents exercising substantially the same rights and powers (or if there is more than one First-Priority Credit Document, such agent or trustee as is designated “First-Priority Collateral Agent” by First-Priority Secured Parties pursuant to the terms of the First-Priority Documents).

First Priority Collateral Agent as defined in the preamble hereto.

First Priority Collateral Agent means the “First-Priority Collateral Agent” as defined in the Issue Date First Lien/Second Lien ICA.