Second Priority Collateral Agent definition

Second Priority Collateral Agent means such agent or trustee as is designated “Second-Priority Collateral Agent” by Second-Priority Secured Parties holding a majority in principal amount of the Second-Priority Obligations then outstanding; it being understood that as of the date of this Agreement, the Initial Second-Priority Collateral Agent shall be so designated Second-Priority Collateral Agent.

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Second Priority Collateral Agent shall have the meaning ascribed thereto in the Preamble.

Second Priority Collateral Agent authenticating agent (“Authenticating Agent”), registrar (“Registrar”) and paying agent (“Paying Agent”).

Examples of Second Priority Collateral Agent in a sentence

The First Priority Collateral Agent is hereby authorized to make any such endorsements as agent for the Second Priority Collateral Agent or any such Second Priority Claimholders.
The First Priority Collateral Agent is hereby authorized to make any such endorsements as agent for the Second Priority Collateral Agent or any such Second Priority Secured Parties.
Each of the First Priority Collateral Agent and the Second Priority Collateral Agent may demand specific performance of this Agreement.
This provision is intended solely for the benefit of the Second Priority Collateral Agent and its successors and permitted assigns and is not intended to and will not entitle the other parties hereto to any defense, claim or counterclaim, or confer any rights or benefits on any party hereto.
For the avoidance of doubt, the Second Priority Collateral Agent shall have no obligation to monitor or ensure compliance with this Section 8.22.

More Definitions of Second Priority Collateral Agent

Second Priority Collateral Agent has the meaning set forth in the Preamble of this Agreement.

Second Priority Collateral Agent means Computershare Trust Company of Canada, in its capacity as collateral agent under the Second Priority Senior Secured Notes Indenture and the Second Priority Collateral Documents, and its successors in such capacity.

Second Priority Collateral Agent means Wilmington Trust, National Association, in its capacity as collateral agent under the Second Priority Senior Secured Notes Indenture and the Noteholder Collateral Documents and its successors in such capacity.

Second Priority Collateral Agent means U.S. Bank National Association, in its capacity as the “Second Priority Collateral Agent” under this Indenture and the Notes Collateral Documents, and any successor thereto in such capacity.

Second Priority Collateral Agent means each of the Exit Agreement Collateral Agent, Secured Notes Indenture Collateral Agent, and Convertible Notes Indenture Collateral Agent.

Second Priority Collateral Agent shall be deemed to refer to the First Priority Collateral Agent. "Second Priority Credit Facilities" shall be deemed to refer to the First Priority Credit Facilities. "Second Priority Representative" shall be deemed to refer to the Bank Agent under the Credit Facilities or, if no obligations are outstanding under the Credit Facilities, the Trustee.

Second Priority Collateral Agent means Alter Domus Products Corp., in its capacity as collateral agent for the Second Priority Secured Parties, together with its successors and permitted assigns under the Second Priority Documents exercising substantially the same rights and powers (or if there is more than one Second Priority Document, such agent or trustee as is designated “Second Priority Collateral Agent” by the Second Priority Secured Parties holding a majority in principal amount of the Second Priority Obligations then outstanding).

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