Junior Trustee definition

Junior Trustee meanss any trustee or other representative for the Junior Creditors.

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Junior Trustee means the respective party named as trustee in the applicable Junior Priority Notes Indentures until a successor replaces it and, thereafter, means the successor.

Junior Trustee means the Trustee designated in the Junior Indenture.

Examples of Junior Trustee in a sentence

In entering into this Agreement, or in taking (or forbearing from) any action under or pursuant to this Agreement: (i) each of the Initial Junior Priority Representative and the Junior Trustee shall have and be protected by all of the rights, immunities, indemnities and other protections granted to it under the applicable Junior Priority Debt Documents.
The Initial Junior Priority Representative and the Junior Trustee are executing and delivering this Agreement solely in their capacities as collateral agent and trustee, respectively, under the Junior Priority Indenture and, in so doing, they shall not be responsible for the terms or sufficiency of this Agreement for any purpose.
Neither the Initial Junior Priority Representative nor the Junior Trustee shall have any duties or obligations under or pursuant to this Agreement other than such duties as may be expressly set forth in this Agreement as duties on its part to be performed or observed.

More Definitions of Junior Trustee

Junior Trustee means U.S. Bank National Association, as trustee under the Junior Indenture, and any successor in interest thereto.

Junior Trustee. “Junior Borrower”, “Parent”, “Party”, “Primary Creditor”, “Security Agent”, “Senior Agent”, “Senior Creditor”, “Subordinated Creditor” and “Senior Lender” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

Junior Trustee has the meaning assigned to such term in the introductory paragraph of this Agreement.

Junior Trustee shall have the meaning set forth in the Recitals.

Junior Trustee means WTC, not in its individual capacity except as expressly set forth in the Junior Trust Agreements, but solely as trustee under each of the Junior Trust Agreements, together with any successor trustee appointed pursuant thereto.