Shared Security Agent definition

Shared Security Agent means initially Citicorp International Limited appointed in accordance with the Intercreditor Agreement and any successor appointed pursuant to the Intercreditor Agreement.
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Shared Security Agent means Citicorp International Limited or a successor pursuant to the Intercreditor Agreement.
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Shared Security Agent means any collateral or security agent specified in the Intercreditor Agreement to hold the Shared Collateral on behalf of the Holders, the Trustee and the Bank Lenders.
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Examples of Shared Security Agent in a sentence

  • Intercreditor Agreement The Company, the Subsidiary Guarantor Pledgors, Citibank, N.A.as the Shared Security Agent, and Citibank, N.A. as the trustee, entered into an intercreditor agreement dated January 14, 2010, as amended or supplemented from time to time, to which the trustee for the 2014 Notes acceded on January 22, 2014, to which the trustee for the 2015 Notes acceded on February 10, 2015 and to which the trustee for the Notes will accede.

  • Citicorp International Limited will initially act as Shared Security Agent under the Security Documents in respect of the security over the Collateral.

  • The Trustee is hereby irrevocably authorized by each Holder of the Notes to, or instruct the Shared Security Agent to, effect any release of Liens or Collateral contemplated by Section 10.08 hereof or by the terms of the Security Documents.

  • Upon occurrence of Event of Default and/or event of default under any of the Existing PBB Facilities: The Shared Security Agent.

  • However, none of the JV Subsidiary Guarantors will provide a Security Document pledging the Capital Stock of its direct or indirect Subsidiaries as security in favor of the Shared Security Agent for itself and for the benefit of the Trustee and the Holders.

  • A blocking set is a set S which meets all the lines but does not contain any line.

  • Copies of each such document or instrument shall be delivered to the Trustee and the successor Shared Security Agent.

  • The resignation or removal of a Shared Security Agent shall become effective only upon the execution and delivery of such documents and/or instruments as are necessary to transfer the rights and obligations of the Shared Security Agent under the Security Documents and the recording or filing of such documents, instruments or financing statements as may be necessary to maintain the priority and perfection of any security interest granted by any Security Document.

  • The Shared Security Agent may resign from the performance of all of its functions and duties under this Indenture or the Security Documents at any time upon at least 30 days prior written notice to the Company and the Trustee; provided that, such resignation shall not take effect unless and until a successor Shared Security Agent shall have been appointed.

  • Such court shall, after such notice as it may deem proper, appoint a successor Shared Security Agent meeting the qualifications specified herein.


More Definitions of Shared Security Agent

Shared Security Agent means DB Trustees (Hong Kong) Limited in its capacity as the Shared Security Agent under the Shared Security Documents.
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Shared Security Agent means initially Citicorp International Limited appointed in accordance with the Intercreditor Agreement and any
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Shared Security Agent s Spot Rate of Exchange" means, in respect of the conversion of one currency (the "First Currency") into another currency (the "Second Currency") the Shared Security Agent's spot rate of exchange for the purchase of the Second Currency with the First Currency in the London foreign exchange market at or about 11:00 am (London time) on a particular day.
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Shared Security Agent means initially Citicorp International Limited appointed in accordance with the Intercreditor Agreement and any successor appointed pursuant to the Intercreditor Agreement. 22
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Related to Shared Security Agent

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Security Agent means the Bond Trustee or any successor Security Agent, acting for and on behalf of the Secured Parties in accordance with any Security Agent Agreement or any other Finance Document.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • 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).

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Collateral Agent as defined in the preamble hereto.

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

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

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • 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.

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • 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.

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

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

  • Canadian Secured Parties means, collectively, the Administrative Agent, the Revolving Credit Lenders, the Canadian Hedge Banks, the Canadian Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5, any other holder from time to time of any Canadian Secured Obligations and, in each case, their respective successors and permitted assigns.

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

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

  • Creditor Representative means, with respect to Series 2023-2, the Indenture Trustee.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.