Term Debt Representative definition

Term Debt Representative has the meaning set forth in the Intercreditor Agreement.
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Term Debt Representative has the meaning set forth in the introductory paragraph hereof. The Term Debt Representative shall be the Person identified as the "Collateral Agent" in the Term Debt Intercreditor Agreement.
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Term Debt Representative has the meaning set forth in the introductory paragraph hereof, and shall include any and all successor “Administrative Agents” appointed under the terms of the Existing Term Debt Agreement. In the case of any Replacement Term Debt Agreement, the Term Debt Representative shall be the Person identified as such in such Agreement.
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Examples of Term Debt Representative in a sentence

  • Such purchase price and cash collateral shall be remitted by wire transfer in federal funds to such bank account in New York, New York as the ABL Representative or the Term Debt Representative, as applicable, may designate in writing for such purpose.

  • Until the Term Debt Obligations Payment Date, the delivery of any Term Debt Priority Collateral to the Term Debt Representative pursuant to the Term Loan Documents shall satisfy any delivery requirement hereunder or under any other Loan Document.

  • Until the Term Debt Obligations Payment Date, the ABL Representative agrees, on behalf of itself and the other ABL Secured Parties, that none of them will seek relief from the automatic stay or from any other stay in any Insolvency Proceeding or take any action in derogation thereof, in each case in respect of any Term Debt Priority Collateral, without the prior written consent of the Term Debt Representative.

  • The Term Debt Representative, on behalf of it itself and the other Term Debt Secured Parties, expressly waives all notice of the acceptance of and reliance on this Agreement by the ABL Representative and the other ABL Secured Parties.

  • The ABL Representative and the Term Debt Representative shall cooperate and use reasonable efforts to ensure that their activities during the Access Period as described above do not interfere materially with the activities of the other as described above, including the right of Term Debt Representative to show the Term Debt Priority Collateral to prospective purchasers and to ready the Term Debt Priority Collateral for sale.

  • The ABL Representative and Term Debt Representative shall be named as additional insureds and loss payees with respect to all insurance policies relating to Collateral.

  • Such notice from such ABL Creditors to the Term Debt Representative shall be irrevocable.

  • All proceeds of such insurance shall be remitted to the ABL Representative or the Term Debt Representative, as the case may be, and each of the Term Debt Representative and ABL Representative shall cooperate (if necessary) in a reasonable manner in effecting the payment of insurance proceeds in accordance with Section 4.1.

  • As a result, the parties agreed that the Term Debt Representative was no longer party to the Intercreditor Agreement and that the Intercreditor Agreement could be amended or otherwise modified without the consent of the Term Debt Representative or any other Term Debt Secured Party.

  • In the event the Term Debt Representative or the ABL Representative, in its sole discretion, undertakes at any time or from time to time to provide any information to any other party to this Agreement, it shall be under no obligation (a) to provide any such information to such other party or any other party on any subsequent occasion, (b) to undertake any investigation not a part of its regular business routine, or (c) to disclose any other information.