Receivables Collateral Agent definition

Receivables Collateral Agent means the collateral agent under the ABL Facility.
Sample 1Sample 2Sample 3
Receivables Collateral Agent means the Collateral Agent under (and is defined in) the Receivables Funding Agreement.
Sample 1Sample 2
Receivables Collateral Agent means the Collateral Agent as defined in the ABL Credit Agreement.
Sample 1

Examples of Receivables Collateral Agent in a sentence

  • Each of the Banks' Agent, the Administrative Agent and the Receivables Collateral Agent agrees to use reasonable efforts to give an Enforcement Notice to the others prior to commencement of Enforcement (but failure to do so shall not prevent such Person from commencing Enforcement or affect its rights hereunder nor create any cause of action or liability against such Person).

  • None of the Lender Agent, USS or the Receivables Collateral Agent shall bear any liability if their respective accounts are incorrect.

  • The successors and assigns for the Banks, the Receivables Purchasers, the Banks' Agent, the Administrative Agent and the Receivables Collateral Agent, as the case may be, shall include any successor Banks, Receivables Purchasers, Banks' Agent, Administrative Agent or Receivables Collateral Agent, as the case may be, appointed under the terms of the Loan Documents or the Receivables Documents, as applicable.

  • Each of the Administrative Agent, the Receivables Collateral Agent and the Receivables Purchasers shall be deemed to have entered into the Receivables Documents in express reliance upon this Agreement and the Banks and the Banks' Agent shall be deemed to have entered into the Loan Documents in express reliance upon this Agreement.

  • Each of the Lender Agent (for itself and on behalf of each Lender) and the Receivables Collateral Agent (for itself and on behalf of each Receivables Purchaser), as the case may be, agrees not to transfer any interest it may have in the Loan Documents or the Receivables Documents unless such transferee has been notified of the existence of this Agreement and has agreed to be bound hereby.

  • Each of the Receivables Seller, the Administrative Agent (for itself and on behalf of each Receivables Purchaser) and the Receivables Collateral Agent acknowledges that the Bank Claim and other obligations and liabilities owing under the Loan Documents are, in part, revolving in nature and that the amount of such revolving indebtedness which may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

  • Without in any way limiting the foregoing, each of the Receivables Seller, the Administrative Agent (for itself and on behalf of each Receivables Purchaser) or Receivables Collateral Agent hereby agrees that the maximum amount of Bank Claim and other obligations and liabilities owing under the Loan Documents may be increased at any time and from time to time to any amount.

  • The Receivables Collateral Agent and the Banks' Agent hereby appoint each other as agent for purposes of perfecting by possession their respective security interests and ownership interests and liens on the Receivables Program Assets and the Bank Collateral described hereunder.

  • The Receivables Collateral Agent and the Receivables Purchasers shall be entitled to rely on the power and authority of the Lender Agent to act on behalf of all of the Lenders Parties (as defined in the Credit Agreement) to the extent the provisions hereof have the Lender Agent so act.

  • In the event that the financing provided under the Credit Agreement shall be refinanced, replaced or refunded, the Originator, the Receivables Seller, the Administrative Agent and the Receivables Collateral Agent hereby agree, at the request of the agent or the lenders participating in such refinancing, replacement or refunding of the Credit Agreement, to execute and deliver a new intercreditor agreement with such agent and/or lenders on substantially the same terms as herein provided.


More Definitions of Receivables Collateral Agent

Receivables Collateral Agent has the meaning specified in the Intercreditor Agreement.
Sample 1

Related to Receivables Collateral Agent

  • Receivables Collateral That portion of the Collateral which consists of Accounts, Accounts Receivable, General Intangibles, Chattel Paper, Instruments, Documents of Title, Documents, Investment Property, Payment Intangibles, Letter-of-Credit Rights, bankers’ acceptances, and all other rights to payment.

  • 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.

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

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • 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.

  • 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).

  • Trust Collateral Agent means such successor Person.

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

  • Notes Collateral means any and 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 Notes Obligations.

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

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • 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.

  • Excess Collateral has the meaning set forth in Section 5.7.

  • Securities Collateral means, collectively, the Pledged Securities, the Intercompany Notes and the Distributions.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • Collateral Agent as defined in the preamble hereto.

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

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • UCC Collateral is defined in Section 3.03.

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

  • 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.

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

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.

  • U.S. Collateral Agreement means the U.S. Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, Intermediate Holdings, the U.S. Borrower, each Domestic Subsidiary Loan Party and the Collateral Agent.

  • 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.

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