Foreign Collateral Agent definition

Foreign Collateral Agent means Bank of America in its capacity as collateral agent for the holders of the Foreign Obligations, the guaranties relating thereto and the other secured obligations identified in the collateral documents, and any successor in such capacity.
View Source
Foreign Collateral Agent means ABL Collateral Agent and its successors (as appointed in accordance with Article VI hereof) or assigns.
View Source
Foreign Collateral Agent means Nordea in its capacity as collateral agent for the Lenders under any of the Foreign Collateral Documents, or any successor collateral agent.
View Source

Examples of Foreign Collateral Agent in a sentence

  • The Foreign Collateral Agent is under no obligation to make the payments to the Secured Parties above in the same currency as that in which the obligations and liabilities owing to the Secured Parties are denominated.

  • The Notes Foreign Collateral Agent shall not be obliged, before exercising any rights conferred on it by this Agreement or by law, to exercise or enforce any other rights or security it may have or hold in respect of all or part of the Secured Obligations.

  • No Secured Party will contest, protest or object to any foreclosure or other proceeding or action brought by Foreign Collateral Agent acting upon instructions of a Controlling Party, and the Controlling Parties may make such instructions as if they had a senior Lien on such Foreign Collateral.

  • It is understood and agreed that the use of the term “agent” herein or in any other Foreign Collateral Documents (or any other similar term) with reference to the Foreign Collateral Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law.

  • Such Person and its affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with any Grantor or any Grantor’s Subsidiary or other affiliate thereof as if such Person were not the Foreign Collateral Agent hereunder and without any duty to account therefor to the Secured Parties.


More Definitions of Foreign Collateral Agent

Foreign Collateral Agent means the foreign collateral agent as defined in the Amendment No. 1 Intercreditor Agreement.
View Source
Foreign Collateral Agent means either the LC Collateral Agent or the Notes Collateral Agent with respect to Foreign Collateral as set forth in Section 6.01(i) and (ii), and their respective successors or assigns (as appointed in accordance with Article VI hereof).
View Source
Foreign Collateral Agent shall have the meaning set forth in the preamble to this Agreement and shall include its successors and assigns.
View Source
Foreign Collateral Agent means such successor agent effective upon its appointment, and the former Agent’s rights, powers and duties as Administrative Agent or Foreign Collateral Agent, as applicable, shall be terminated, without any other or further act or deed on the part of such former Administrative Agent or Foreign Collateral Agent. After any Agent’s resignation as Agent, the provisions of this Article XIV shall inure to its benefit as to any actions taken or omitted to be taken by it while it was an Agent under this Agreement.
View Source
Foreign Collateral Agent has the meaning provided in the first paragraph of this Agreement and includes any successor to the Foreign Collateral Agent appointed pursuant to Section 9.11.
View Source
Foreign Collateral Agent has the meaning specified in the Preamble.
View Source
Foreign Collateral Agent means Alter Domus (US) LLC, in its capacity as the foreign collateral agent hereunder or any successor foreign collateral agent.
View Source