Tranche A Collateral Agent definition

Tranche A Collateral Agent means The Bank of New York Mellon, acting in its capacity as collateral agent for the holders of the Tranche A Loan under the Junior Lien Term Loan Credit Agreement, and any successor thereto.
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Tranche A Collateral Agent shall have the meaning set forth in the preamble of this Agreement.
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Tranche A Collateral Agent has the meaning specified in the recital of parties to this Agreement.
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Examples of Tranche A Collateral Agent in a sentence

  • Each Tranche A Lender authorizes the Tranche A Collateral Agent to enter into such subordination and other agreements as the Tranche A Collateral Agent deems appropriate, or as the Tranche B Collateral Agent may reasonably request, in order to evidence the priority of the Tranche B Collateral Agent’ s Lien in the Tranche B Collateral to the Tranche A Collateral Agent’s Lien therein, and each of the Tranche A Lenders agrees that it will be bound by all such agreements of the Tranche A Collateral Agent.

  • Should any Tranche A Lender obtain possession or control of any such Tranche A Collateral, such Tranche A Lender shall notify the Tranche A Collateral Agent thereof, and, promptly upon the Tranche A Collateral Agent’s request therefor shall deliver possession or control of such Tranche A Collateral to the Tranche A Collateral Agent or in accordance with the Tranche A Collateral Agent’s instructions.

  • Except as provided above, the Tranche A Collateral Agent will not execute and deliver a release of any Lien on any Tranche A Collateral without the prior written authorization of (y) if the release is of all or substantially all of the Tranche A Collateral, all of the Tranche A Lenders, or (z) otherwise, the Required Lenders.

  • If no successor Tranche A Collateral Agent is appointed prior to the effective date of the resignation of the Tranche A Collateral Agent, the Tranche A Collateral Agent may, after consulting with the Tranche A Lenders, appoint a successor Tranche A Collateral Agent.

  • After any retiring Tranche A Collateral Agent’s resignation hereunder as the Tranche A Collateral Agent, the provisions of this Section 15 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Tranche A Collateral Agent under this Agreement.

  • Effective on (and subject to the occurrence of) the First Amendment Effective Date, Tranche A Collateral Agent’s Lien on the NNA Personal Property and the Sigourney Equity shall be released, and promptly thereafter Tranche A Collateral Agent shall file a UCC- 3 amendment with respect to UCC-1 financing statement no.

  • Except as expressly otherwise provided in this Agreement, the Tranche A Collateral Agent shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights or taking or refraining from taking any actions that the Tranche A Collateral Agent expressly is entitled to take or assert under or pursuant to this Agreement and the other Tranche A Collateral Documents.

  • If the Tranche A Collateral Agent resigns under this Agreement, the Required Lenders shall be entitled to appoint a successor Tranche A Collateral Agent for the Tranche A Lenders.

  • The Tranche A Collateral Agent agrees to act as agent for and on behalf of the Tranche A Lenders on the conditions contained in this Section 15.

  • No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive any provision of Section 15 pertaining to the Tranche A Collateral Agent, or any other rights or duties of the Tranche A Collateral Agent under this Agreement or the other Loan Documents, without the written consent of the Tranche A Collateral Agent, Borrowers, and the Required Lenders.


More Definitions of Tranche A Collateral Agent

Tranche A Collateral Agent means Citibank, N.A., in its capacity as collateral agent for the Lenders owed the Adjusted Tranche A Obligations; provided, that in accordance with Section 10.1(b) hereof, upon the expiration of the Designated Period, Citibank, N.A. shall cease to be the Tranche A Collateral Agent.
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Tranche A Collateral Agent means such successor Tranche A Collateral Agent and the retiring Tranche A Collateral Agent’s appointment, powers, and duties as the Tranche A Collateral Agent shall be terminated. After any retiring Tranche A Collateral Agent’s resignation hereunder as the Tranche A Collateral Agent, the provisions of this Section 15 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Tranche A Collateral Agent under this Agreement. If no successor Tranche A Collateral Agent has accepted appointment as the Tranche A Collateral Agent by the date which is 30 days following a retiring Tranche A Collateral Agent’s notice of resignation, the retiring Tranche A Collateral Agent’s resignation shall nevertheless thereupon become effective and the Tranche A Lenders shall perform all of the duties of the Tranche A Collateral Agent hereunder until such time, if any, as the Required Lenders appoint a successor Tranche A Collateral Agent as provided for above.
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Tranche A Collateral Agent means Foothill Capital, in its capacity as collateral agent for the Secured Parties with respect to the Tranche A Collateral.
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Related to Tranche A Collateral Agent

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

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

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

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

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

  • Trust Collateral Agent means such successor Person.

  • 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).

  • 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.

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

  • 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.

  • Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.

  • Collateral Agent as defined in the preamble hereto.

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

  • Collateral Agent Fees means the fees due to the Collateral Agent pursuant to the Collateral Agent and Collateral Custodian Fee Letter.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under its sole dominion and control.

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

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

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • 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 Documents means all “Security Documents” as defined in the Original ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any ABL Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or modified from time to time.

  • Collateral Agents means the Credit Agreement Collateral Agent, the Initial Additional First Lien Collateral Agent and each Additional Collateral Agent.

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

  • 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.