Examples of First Lien Term Loans in a sentence
In connection with the syndication of the First Lien Term Loans, Xxxxx may, in its discretion, allocate to the Lenders (as defined below) portions of the First Lien Underwriting Fee.
All liens on all of the collateral to secure the obligations under the Notes and the Indenture and the guarantees thereof shall have been perfected in a manner that is acceptable to the Requisite Purchasers and such liens shall be second-priority liens subject only to the priority of the liens that secure the New First Lien Term Loans and certain permitted liens under the New First Lien Term Loan Credit Facility that are acceptable to the Requisite Purchasers and the Debtors.
For the avoidance of doubt, the First Lien Term Loans may be net funded on the First Amendment Closing Date to account for the First Lien Upfront Fee.