Second Lien Claimholders definition

Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

Second Lien Claimholders has the meaning set forth in the Intercreditor Agreement.

Second Lien Claimholders means the Initial Second Lien Claimholders and any Additional Second Lien Claimholders.

Examples of Second Lien Claimholders in a sentence

• This Agreement shall be binding upon the First Lien Collateral Agent, the other First Lien Claimholders, the Second Lien Collateral Agents, the other Second Lien Claimholders, the Company and the other Grantors, and their respective successors and assigns from time to time.

• The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the First Lien Collateral Agent and the other First Lien Claimholders on the one hand and the Second Lien Collateral Agents and the other Second Lien Claimholders on the other hand.

• The Company acknowledges and agrees that the value of any payments or distributions in cash, property or other assets received by any Second Lien Collateral Agent or the Second Lien Claimholders that are paid over to the First Lien Collateral Agent or the First Lien Claimholders pursuant to this Agreement shall not reduce any of the Second Lien Obligations.

• Except for the arrangements contemplated by Section 5.5, none of the First Lien Collateral Agent or the First Lien Claimholders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Collateral Agents or the Second Lien Claimholders.

• Nothing herein shall be construed to limit the relative rights and obligations as among the First Lien Claimholders or as among the Second Lien Claimholders.

More Definitions of Second Lien Claimholders

Second Lien Claimholders means, as of any date of determination, the holders of the Second Lien Debt at that time, including the Second Lien Collateral.

Second Lien Claimholders means the Initial Second Lien Claimholders and any Additional Second Lien Claimholders (including the Collateral Agent).

Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Noteholders and the agents and trustees under the Second Lien Note Documents.

Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at such time, including without limitation the Noteholders.

Second Lien Claimholders means the holders of Second Lien Obligations in their capacity as holders of Second Lien Obligations (including the Administrative Agent, in its capacity as agent for the holders of Second Lien Obligations, or any other agent of such holders appointed in accordance with this Agreement).

Second Lien Claimholders means, at any relevant time, the holders of the Second Lien Obligations at such time, including the Holders, the Collateral Agent, the Trustee or any Agent under this Indenture.

Second Lien Claimholders has the meaning set forth in the Recitals.