Successor Collateral Agent definition

Successor Collateral Agent has the meaning assigned to such term in Section 5.20.

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Successor Collateral Agent is defined in the preamble.

Successor Collateral Agent has the meaning set forth in Section 10.12.

Examples of Successor Collateral Agent in a sentence

• The Collateral Agent immediately prior to any change in Collateral Agent pursuant to this Section 5.20 (the “Prior Collateral Agent”) shall be deemed to have assigned all of its rights, powers and duties hereunder to the successor Collateral Agent determined in accordance with this Section 5.20 (the “Successor Collateral Agent”) and the Successor Collateral Agent shall be deemed to have accepted, assumed and succeeded to such rights, powers and duties.

• The Successor Collateral Agent shall be a bank, trust company or other financial institution having capital and retained earnings of at least $1,000,000,000.

• The Loan Parties agree that the Successor Collateral Agent is authorized, through one or more of its appointed agents or otherwise, to file financing statements and amendments and other documents with respect to the Collateral described in the Loan Documents and the proceeds thereof.

• The Collateral Agent immediately prior to any change in Collateral Agent pursuant to this Section 7.19 (the “Prior Collateral Agent”) shall be deemed to have assigned all of its rights, powers and duties hereunder to the successor Collateral Agent determined in accordance with this Section 7.19 (the “Successor Collateral Agent”) and the Successor Collateral Agent shall be deemed to have accepted, assumed and succeeded to such rights, powers and duties.

• Upon the acceptance of its appointment as Sole Successor Collateral Agent, such Person shall succeed to and become vested with all the rights, powers, privileges, obligations and duties of the retiring (or retired) Joint Collateral Agents, and the retiring Joint Collateral Agent shall be discharged from the duties and obligations hereunder.

• Each of the parties hereto agrees to execute, at the Borrower’s sole cost and expense, all documents necessary or appropriate to evidence the appointment of DBTCA as the Successor Administrative Agent, the Successor Collateral Agent, the Successor Swingline Lender and the Successor Issuing Bank.

• Successor Trustee and Successor Collateral Agent by Merger 89 SECTION 7.10.

• The resigning or removed Collateral Agent agrees that it shall take all actions and execute all documents which may be reasonably required by the Payees and the Successor Collateral Agent to give effect to its replacement as the Collateral Agent hereunder and shall be fully indemnified under the terms of this Pledge Agreement in so doing.

• In this connection, the Trustee shall, if requested by the Successor Collateral Agent and without the necessity of obtaining the consent of the Holders of Securities, so acknowledge such fact in writing in form and substance reasonably satisfactory to the Successor Collateral Agent.

• The Loan Parties, and the Lenders and other Secured Parties agree to execute and deliver, at the sole cost and expense of the Loan Parties, all documents that JPMorgan Chase Bank, N.A. reasonably requests as necessary or desirable to evidence its appointment as the Successor Administrative Agent and Successor Collateral Agent.

More Definitions of Successor Collateral Agent

Successor Collateral Agent has the meaning assigned to such term in Section 4.01(f).

Successor Collateral Agent has the meaning assigned to such term in “Termination Date” means the “Termination Date” as defined in the Credit Agreement. “Trademark” means the following: (a) all trademarks (including service marks), common law marks, trade names, trade dress, and logos, slogans and other indicia of origin under the laws of any jurisdiction in the world, and the registrations and applications for registration thereof and the goodwill of the business symbolized by the foregoing; (b) all renewals of the foregoing; (c) all income, royalties, damages, and payments now or hereafter due or payable with respect thereto, including, without limitation, damages, claims, and payments for past and future infringements thereof; (d) all rights to sue for past, present, and future infringements of the foregoing, including the right to settle suits involving claims and demands for royalties owing; and (e) all domestic rights corresponding to any of the foregoing. “UCC” means the Uniform Commercial Code as in effect from time to time in the State of New York or any other state the laws of which are required to be applied in connection with the issue or perfection of security interests. “ULC” has the meaning assigned to such term in Section 2.07. “ULC Interests” has the meaning assigned to such term in Section 2.07. ARTICLE II