Initial Additional First Lien Collateral Agent definition
Examples of Initial Additional First Lien Collateral Agent in a sentence
Notwithstanding the forgoing, nothing in this Section 5.16 shall be deemed to impose any obligations on the Initial Additional First Lien Collateral Agent to investigate the financial condition or risk of non-payment of any Grantor beyond that which may be required by the Initial Additional First Lien Agreement.
Neither the Initial Additional First Lien Collateral Agent nor the Revolver Collateral Agent shall be deemed to owe any fiduciary duty to any party hereto, any Authorized Representative or any other First Lien Secured Parties.
Each of the Initial Additional First Lien Collateral Agent and the Revolver Collateral Agent undertakes to perform or to observe only such of its covenants and obligations as are specifically set forth in this Agreement and no implied covenants or obligations with respect to any party hereto shall be read into this Agreement against the Initial Additional First Lien Collateral Agent or the Revolver Collateral Agent.
The Initial Additional First Lien Collateral Agent represents and warrants that it is authorized under the terms of the Initial Additional First Lien Agreement to execute this Agreement on behalf of the Initial Additional First Lien Secured Parties.
BANK OF AMERICA, N.A., as Revolver Collateral Agent and Controlling Collateral Agent By: Name: Title: [ ], as Initial Additional First Lien Collateral Agent By: Name: Title: [FORM OF] JOINDER NO.