Parity Collateral Trustee definition

Parity Collateral Trustee has the meaning set forth in Section 2.2(a).
Parity Collateral Trustee shall have the meaning assigned to such term in the preamble.
Parity Collateral Trustee means UBS AG, Stamford Branch, as collateral trustee under the Indenture for the benefit of the holders of the Parity Lien Obligations.

Examples of Parity Collateral Trustee in a sentence

  • The parties expressly acknowledge and consent to Deutsche Bank acting in the capacity of Trustee, as Collateral Agent under the Pledge Agreement, as Securities Intermediary, as the Notes Trustee under the Indenture and as Priority Collateral Trustee and Parity Collateral Trustee under the Collateral Trust Agreement.

  • COPYRIGHT REGISTRATIONS AND APPLICATIONS Annex 1 to Guarantee and Collateral Agreement This ASSUMPTION AGREEMENT, dated as of ____________, ____, is made by each of the signatories hereto (each, an “Additional Guarantor”) in favor of U.S. Bank National Association, as Priority Collateral Trustee and Parity Collateral Trustee (collectively, in such capacities, the “Collateral Trustee”) for the Secured Parties.

  • No Pledgor shall grant Control of any Deposit Account to any person other than the Collateral Trustee and the Parity Collateral Trustee (as defined in the Collateral Trust Agreement).

  • Xxxx Title: Senior Vice President — Finance and Chief Financial Officer UBS AG, STAMFORD BRANCH, as Administrative Agent, Priority Collateral Trustee and Parity Collateral Trustee By: /s/ Rxxxxxx X.

  • Saint Title: Director By: /s/ Xxxxxx Xxxxx --------------------------- Name: Xxxxxx Xxxxx Title: Associate Director UBS AG, STAMFORD BRANCH, as Parity Collateral Trustee By: /s/ Xxxxxxx X.

  • U.S. Bank National Association, in its capacity as Parity Collateral Trustee under the Collateral Trust Agreement, together with its successors and assigns in such capacity.

  • The Borrower shall pay on demand all reasonable out-of-pocket costs and expenses of the Administrative Agent, the Trustee, the Priority Collateral Trustee and the Parity Collateral Trustee (including the reasonable fees, costs and expenses of counsel to the Administrative Agent, the Trustee, the Priority Collateral Trustee and the Parity Collateral Trustee) incurred in connection with the preparation, execution and delivery of this Reformation.

  • The Parity Collateral Trustee and its successors and assigns under this Agreement will hold the Junior Trust Estate in trust for the benefit solely and exclusively of all present and future holders of Parity Lien Obligations as security for the payment of all present and future Priority Lien Obligations.

  • The parties to this Agreement agree that the payment and satisfaction of all of the Secured Obligations within each Class will be secured equally and ratably by the security interests established in favor of the Priority Collateral Trustee and the Parity Collateral Trustee for the benefit of the Secured Parties belonging to such Class (including, for the avoidance of doubt, any Secured Parties existing on the date hereof or becoming Secured Parties after the date hereof pursuant to this Agreement).

  • The parties hereto agree that the payment and satisfaction of all of the Secured Obligations within each Class shall be secured Equally and Ratably by each of the security interests established in favor of the Priority Collateral Trustee and the Parity Collateral Trustee belonging to such Class.

Related to Parity Collateral Trustee

  • Collateral Trustee has the meaning set forth in the preamble.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Notes Collateral Agent means such successor collateral agent, and the retiring Notes Collateral Agent’s appointment, powers and duties as the Notes Collateral Agent shall be terminated. After the retiring Notes Collateral Agent’s resignation hereunder, the provisions of this Section 12.08 (and Section 7.07) shall continue to inure to its benefit and the retiring Notes Collateral Agent shall not by reason of such resignation be deemed to be released from liability as to any actions taken or omitted to be taken by it while it was the Notes Collateral Agent under this Indenture.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Trust Collateral Agent means such successor Person.

  • ABL Collateral Agent means JPMorgan Chase Bank, N.A., in its capacity as collateral agent for the ABL Facility Secured Parties, together with its successors and permitted assigns under the ABL Facility Agreement and the ABL Facility Collateral Documents.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.

  • Second Priority Collateral Documents means the Noteholder Collateral Documents and any other agreement, document or instrument pursuant to which a Lien is now or hereafter granted securing any Second Priority Claims or under which rights or remedies with respect to such Liens are at any time governed.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Controlling Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Additional Collateral Agent (acting on the instructions of the Applicable Authorized Representative).

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Parity Lien means a Lien granted by a Security Document to the Collateral Trustee upon any property of the Company or any other Obligor to secure Parity Lien Obligations.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Supplemental Collateral Agent has the meaning specified in Section 7.01(c).

  • Collateral Agent as defined in the preamble hereto.

  • Equity Collateral shall have the meaning set forth in Section 11.6 hereof.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.