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.

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First Priority Collateral Agent means JPMorgan Chase Bank, N.A., and any successor collateral agent under the First Priority Collateral 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

First-Priority Collateral Agent as Gratuitous Bailee/Agent for Perfection 17 Section 5.06.
The First-Priority Collateral Agent is hereby authorized to make any such endorsements as agent for any Second-Priority Representative or any such Second-Priority Secured Party.
The First-Priority Collateral Agent has no obligation to follow instructions from any Second-Priority Representative in contravention of this Agreement.
If any Second-Priority Representative or any Second-Priority Secured Party shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over to the First-Priority Collateral Agent in accordance with the terms of ‎Section 4.02.
SECTION 2.05 [________] [is][/are] acting in the capacities of Other First-Priority Representative[s] and [________] is acting in its capacity as Other First-Priority Collateral Agent solely for the Secured Parties under [_____________].

More Definitions of First Priority 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 Wilmington Trust, National Association, in its capacity as collateral agent for the First-Priority Secured Parties, together with its successors and permitted assigns (or if such Person is no longer the First-Priority Collateral Agent, such agent or trustee as is designated as “First-Priority Collateral Agent” under the First-Priority Obligations Documents).

First Priority Collateral Agent as defined in the preamble hereto.

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 (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 (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 Subordination 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.