Priority Agent definition

Priority Agent means, with respect to the ABL Priority Collateral, ABL Agent, and with respect to the Term Loan Priority Collateral, Term Loan Agent.

Priority Agent has the meaning set forth in the ABL Intercreditor Agreement.

Priority Agent means, with respect to the Working Capital Priority Collateral, the Working Capital Agent, and, with respect to the Term Loan Priority Collateral, the Term Loan Agent, as applicable.

Priority Agent means such successor agent effective upon such appointment and approval, and Citibank's rights, powers and duties as Priority Agent shall be terminated, without any other or further act or deed on the part of Citibank or any of the parties to this Agreement or any holders of the Secured Obligations. If no successor agent has accepted appointment as Priority Agent by the date that is 30 days following Citibank's notice of resignation, Citibank's resignation shall nevertheless thereupon become effective and the Priority Lenders shall assume and perform all of the duties of the Priority Agent hereunder until such time, if any, as the Required Priority Lenders appoint a successor agent as provided for above. After any Person's resignation as Priority Agent, the provisions of this Section shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Priority Agent under this Agreement and the other Operative Documents.

Priority Agent means, with respect to the CNB Priority Collateral, CNB, and, with respect to the Madryn Priority Collateral, Madryn.

Priority Agent has the meaning assigned to such term in the Intercreditor Agreement.

Priority Agent has the meaning set forth in the preamble to the Priority Credit Agreement. "Priority Commitment Period" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Commitments" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Credit Agreement" means the Priority Credit and Reimbursement Agreement dated as of December 4, 2002, among the Company, the Owner, Citibank, N.A., as Priority Working Capital L/C Issuer, the Priority Lenders party thereto, the Administrative Agent and Citibank, N.A., as Priority Agent thereunder. "Priority Lenders" means the lenders party to the Priority Credit Agreement as "Priority Lenders". "Priority Loans" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Maturity Date" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Notes" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Obligations" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Scheduled Debt Service" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Working Capital Commitment Account" has the meaning set forth in Section 1.1 of the Security Deposit Agreement. "Priority Working Capital L/C" has the meaning set forth in Section 1.1 of the Priority Credit Agreement "Priority Working Capital L/C Account" has the meaning set forth in Section 1.1 of the Security Deposit Agreement. "Priority Working Capital L/C Issuer" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Working Capital L/C Reimbursement Obligations" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Working Capital Loan Commitments" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Working Capital Loans" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Proposed DIP Facility Agreement" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Required Priority Lenders" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Residual Loans" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Revenue Account Waterfall" means the cash waterfall set forth in Section 5.1 of the Security Deposit Agreement. "Roll-Up Loans" has the meaning set forth in Section 1.01 of the...

Priority Agent. The Bank of New York Trust Company, N.A. 100 Ashford Center North, Suite ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Barbara Royal Telecopy: 770-698-5195 If to the Secon▇ ▇▇▇▇▇▇▇▇ ▇gent: The Bank of New York, 100 Ashford Center North, Suite ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Barbara Royal Telecopy: 770-698-5195 If to the Compa▇▇: AIRGATE PCS, INC. Harris Tower, Suite 1700 ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇. Atlanta, Georgia 30303 Attention: General Counsel Telecopy: (404) 525-7922 The parties here▇▇ ▇▇▇ ▇▇▇▇▇▇ their addresses and transmission numbers for notices by notice in the manner provided in this Section. Any notice, request or demand to the First Priority Agent or the Second Priority Agent shall only be deemed effective upon actual receipt.

Priority Agent means, with respect to the ABL Priority Collateral, the ABL Agent, and with respect to the Term Priority Collateral, the Term Agent. “Priority Claimholders” means, with respect to the ABL Priority Collateral, the ABL Claimholders, and with respect to the Term Priority Collateral, the Term Claimholders. “Priority Collateral” means, with respect to the ABL Debt, all ABL Priority Collateral, and with respect to the Term Debt, all Term Priority Collateral. “Priority Debt” means, with respect to the ABL Priority Collateral, the ABL Debt, and with respect to the Term Priority Collateral, the Term Debt. “Real Property” shall mean, collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests in real property owned, leased or operated by any Person, whether by lease, license or other means, together with, in each case, all improvements, fixtures, easements, hereditaments, permits and appurtenances relating thereto. “Receivables” means all of the following now owned or hereafter arising or acquired assets of any Grantor: