Second Lien Trustee definition

Second Lien Trustee means the Original Second Lien Trustee, and, from and after the date of execution and delivery of the Second Lien Substitute Facility, the agent, collateral agent, trustee or other representative of the lenders or other holders of the indebtedness and other obligations evidenced thereunder or governed thereby, together with its successors in such capacity.
Second Lien Trustee means Wilmington Trust, National Association, in its capacity as “Trustee” under the Second Lien Notes Indenture.
Second Lien Trustee means U.S. Bank National Association, in its capacity as trustee under the Second Lien Note Documents, and any successors and assigns in such capacity.

Examples of Second Lien Trustee in a sentence

  • The Prepetition Second Lien Trustee and the Prepetition Second Lien PIK Trustee may transfer or direct the transfer of such distributions directly through the facilities of DTC (with the accompanying surrender of the Second Lien Notes Claims) and will be entitled to recognize and deal for all purposes under the Plan with DTC, on or as soon as practicable after the Effective Date, consistent with the customary practices of DTC.

  • All distributions on account of Allowed Second Lien Notes Claims (a) shall be governed by the Prepetition Second Lien Indenture or the Prepetition Second Lien PIK Indenture, as applicable, and (b) will be made to (or in coordination with) the Prepetition Second Lien Trustee and the Prepetition Second Lien PIK Trustee, respectively, which will serve as the Reorganized Debtors’ Disbursing Agent for purposes of making distributions under the Plan to Holders of the Second Lien Notes Claims.

  • Subject to any applicable abandoned property law, the Second Lien Trustee and each Paying Agent shall pay to the Issuers upon written request any money held by them for the payment of principal or interest that remains unclaimed for two years, and, thereafter, holders entitled to the money must look to the Issuers for payment as general creditors, and the Second Lien Trustee and each Paying Agent shall have no further liability with respect to such monies.

  • The Second Lien Trustee will accept such Officers’ Certificate and opinion as sufficient evidence of the satisfaction of the conditions precedent described above, without further inquiry, in which event it will be conclusive and binding on the holders.

  • The Second Lien Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuers or their Affiliates with the same rights it would have if it were not Second Lien Trustee.


More Definitions of Second Lien Trustee

Second Lien Trustee means the Bank of New York Mellon in its capacity as trustee under the Second Lien Note Indenture.
Second Lien Trustee. Xxxxx Fargo Bank, National Association, as trustee for the holders of the Second Lien Notes, and any successor thereto in such capacity.
Second Lien Trustee means Law Debenture Trust Company of New York, as trustee under the Second Lien Indenture, until a successor trustee replaces it in accordance with the applicable provisions of the Second Lien Indenture, after which time such term shall mean the successor trustee serving thereunder.
Second Lien Trustee means Wilmington Trust FSB, as trustee for the holders of Second Lien Notes.
Second Lien Trustee has the meaning set forth in the preamble to this Agreement.
Second Lien Trustee has the meaning assigned to that term in the preamble hereto.
Second Lien Trustee has the meaning set forth in the preamble to this Guaranty.