Initial Additional Authorized Representative definition
Examples of Initial Additional Authorized Representative in a sentence
Except as expressly provided herein or in the Initial Additional First Lien Security Documents, Wilmington Trust, National Association is acting in the capacities of Initial Additional Authorized Representative and Initial Additional First Lien Collateral Agent solely for the Initial Additional First Lien Secured Parties.
Except as expressly set forth herein, none of the Administrative Agent, the Credit Agreement Collateral Agent, the Vehicle Collateral Trustee, the Initial Additional Authorized Representative, the Initial Additional First Lien Collateral Agent, any other Authorized Representative or any other Collateral Agent shall have any duties or obligations in respect of any of the Collateral, all of such duties and obligations, if any, being subject to and governed by the applicable Secured Credit Documents.
In acting hereunder, the Initial Additional Authorized Representative and the Initial Additional First Lien Collateral Agent shall have the benefit of the rights, privileges, immunities and indemnities granted to the “Trustee” and the “Notes Collateral Agent,” respectively, under the Initial Additional First Lien Agreement.
The Initial Additional Authorized Representative and the Initial Additional First Lien Collateral Agent shall have no liability for any actions in any role under this Agreement to anyone other than the Initial Additional First Lien Secured Parties, and then only to the extent provided in the Initial Additional First Lien Agreement.