Additional Senior Class Debt definition

Additional Senior Class Debt has the meaning assigned to such term in Section 5.13.
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Additional Senior Class Debt means additional indebtedness permitted by the provisions of the New Credit Facility and the Additional First Lien Agreements to be incurred and secured on an equal and ratable basis by the Liens securing the First Lien Obligations.
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Additional Senior Class Debt means additional Indebtedness the Issuer may incur pursuant to the First Lien Revolving Credit Agreement, First Lien Term Loan Agreement, the 3.500% 2028 Secured Notes Indenture, the 3.750% 2025 Secured Notes Indenture, the 4.250% 2025 Secured Notes Indenture, the 5.125% 2026 Secured Notes Indenture and this Indenture that is secured on an equal and ratable basis by the Liens securing the First Lien Obligations.
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Examples of Additional Senior Class Debt in a sentence

  • All communications and notices hereunder shall (except as otherwise expressly permitted herein) be in writing and given as provided in Section 12.2 of the Indenture and all notices to any Additional Senior Class Debt Representative shall be given to it at the address set forth in the Joinder Agreement.

  • Each Credit Facility Secured Party, by acceptance of the benefits hereof, hereby acknowledges that it is subject to and bound by the provisions of the Pari Passu Intercreditor Agreement in its capacity as a holder of Additional Senior Class Debt (as defined in the Pari Passu Intercreditor Agreement).

  • JPMORGAN CHASE BANK, N.A., as Additional Senior Class Debt Representative (in its capacity as administrative agent for the holders of the Obligations under the Credit Agreement as defined in this Joinder Agreement), By: /s/ Xxxx X.

  • Upon such designation in accordance with Section 5.13 of the Pari Passu Intercreditor Agreement and delivery by such Additional Senior Class Debt Representative of a Joinder Agreement, such Additional Pari Passu Obligations will be governed by and will constitute Secured Obligations under this Agreement and the other Collateral Documents, except as may be otherwise specified in such Joinder Agreement.

  • In order for an Additional Senior Class Debt Representative to become a party to this Agreement as an Authorized Representative, i.

  • Each Indenture Secured Party, by acceptance of the benefits hereof, hereby acknowledges that it is subject to and bound by the provisions of the Pari Passu Intercreditor Agreement in its capacity as a holder of Additional Senior Class Debt (as defined in the Pari Passu Intercreditor Agreement).

  • Article and Section headings used herein are for (b) the Borrower shall have (i) delivered to each Collateral Agent true and complete convenience of reference only, are not part of this Agreement and are not to affect the construction copies of each of the Additional Agreements relating to such Additional Senior Class Debt, of, or to be taken into consideration in interpreting, this Agreement.

  • EACH PARTY HERETO HEREBY Senior Class Debt in respect of which such Additional Senior Class Debt Representative is the IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL Authorized Representative and such Additional Senior Class Debt Collateral Agent is the ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AND FOR ANY Collateral Agent and the related Additional Senior Class Debt Parties become subject hereto and COUNTERCLAIM THEREIN.

  • Except as expressly provided herein or in the Additional First Lien Security Documents in respect of any Series of Additional Senior Class Debt, the Additional Senior Class Debt Representative and Additional Senior Class Debt Collateral Agent in respect of such Series of Additional Senior Class Debt is acting solely in such capacities for the Additional Senior Class Debt Parties in respect of such Series of Additional Senior Class Debt.

  • If at any time the Credit Agreement is Refinanced in part, then such Refinancing indebtedness may, so long as permitted by the then extant Secured Credit Documents, be designated as Additional Senior Class Debt in accordance with the definition of “Credit Agreement” and Section 5.13(a) hereto.


More Definitions of Additional Senior Class Debt

Additional Senior Class Debt shall have the meaning assigned to such term in Section 5.14 (and for the avoidance of doubt, shall include indebtedness incurred by the Company pursuant to any Other First Lien Agreements).
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Additional Senior Class Debt. (in each case to be defined in the Second Lien Parity Intercreditor Agreement) permitted to be incurred and perfected under the Credit Agreement (collectively, the “Additional Second Lien Obligations,” and together with the Credit Agreement Obligations, the “Second Lien Obligations”).
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Additional Senior Class Debt means additional indebtedness permitted by the provisions of the Cequel Credit Facilities and the Additional First Lien Agreements to be incurred and secured on an equal and ratable basis by the Liens securing the First Lien Obligations. “Affiliate of any specified Person means any other Person, directly or indirectly, controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.
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Additional Senior Class Debt means additional indebtedness permitted by the provisions of the New Credit Facilities and the Additional First Lien Agreements to be incurred and secured on an equal and ratable basis by the Liens securing the First Lien Obligations. “Affiliate” of any specified Person means any other Person, directly or indirectly, controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing. “Agents” means the Paying Agent, Transfer Agent, Registrar and Authenticating Agent. “Agreed Security Principles” means the information set forth in Exhibit E to this Indenture. “Applicable Premium” means: (A) with respect to any Note, the greater of: (i) 1% of the principal amount of such Note; and (ii) the excess (to the extent positive) of: (1) the present value at such redemption date of (i) the redemption price of such Note at October 15, 2022 (such redemption price (expressed in percentage of principal amount) being set forth in the table in clause (a) of the paragraph 5 of each Global Note or Definitive Registered Note (excluding accrued and unpaid interest)), plus (ii) all required interest payments due on such Note to and including October 15, 2022 (excluding accrued but unpaid interest), computed upon the redemption date using a discount rate equal to the Treasury Rate at such redemption date (or, if greater than such Treasury Rate, zero) plus 50 basis points; over (2) the outstanding principal amount of such Note, 2 EU-DOCS\26039728.6
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Additional Senior Class Debt has the meaning assigned to such term in Section 5.12. “Additional Senior Class Debt Collateral Agent” has the meaning assigned to such term in Section 5.12. “Additional Senior Class Debt Parties” has the meaning assigned to such term in Section 5.12. “Additional Senior Class Debt Representative” has the meaning assigned to such term in Section 5.12. “Administrative Agent” has the meaning assigned to such term in the definition of Credit Agreement and shall include any successor administrative agent as provided in Section 12 of the Credit Agreement; provided, however, that if the Credit Agreement is Refinanced, then all references herein to the Administrative Agent shall refer to the administrative agent (or trustee) under the Refinancing. “Agreement” has the meaning assigned to such term in the introductory paragraph of this Agreement. “Applicable Authorized Representative” means with respect to any Shared Collateral, (i) until the Discharge of Credit Agreement Obligations, the Administrative Agent and (ii) from and after the Discharge of Credit Agreement Obligations, the Major Non-Controlling Authorized Representative. “Authorized Representative” means, at any time, (i) in the case of any Credit Agreement Obligations or the Credit Agreement Secured Parties, the Administrative Agent, (ii) in the case of the First Lien Notes Obligations or the First Lien Notes Secured Parties, the First Lien Notes Authorized Representative, and (iii) in the case of any other Series of Additional First Lien Obligations or Additional First Lien Secured Parties that become subject to this Agreement after the date hereof, the Additional Senior Class Debt Representative for such Series named in the applicable Joinder Agreement. “Bankruptcy Case” has the meaning assigned to such term in Section 2.06(b). “Bankruptcy Code” means Title 11 of the United States Code, as amended. “Bankruptcy Law” means the Bankruptcy Code and any similar federal, state or foreign law for the relief of debtors. -2- VP/#40336866.2
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Additional Senior Class Debt means additional Indebtedness the Issuer may incur pursuant to the First Lien Revolving Credit Agreement, First Lien Term Loan Agreement, the 2026 Secured Notes Indenture and this Indenture that is secured on an equal and ratable basis by the Liens securing the First Lien Obligations.
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Related to Additional Senior Class Debt

  • Class Debt has the meaning assigned to such term in Section 8.09.

  • Senior Class Debt Parties has the meaning assigned to such term in Section 8.09.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Permitted Unsecured Refinancing Debt means Credit Agreement Refinancing Indebtedness in the form of unsecured Indebtedness (including any Registered Equivalent Notes) incurred by the Borrower in the form of one or more series of senior unsecured notes or loans; provided that (i) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness and (ii) meets the Permitted Other Debt Conditions.

  • Permitted Junior Priority Refinancing Debt means secured Indebtedness Incurred by any Credit Party in the form of one or more series of junior lien secured notes, bonds or debentures or junior lien secured loans; provided that (a) such Indebtedness is secured by Liens on all or a portion of the Collateral on a junior priority basis to the Liens on the Collateral securing the Obligations and any other First Lien Obligations and is not secured by any property or assets of Holdings, the Borrower or any Restricted Subsidiary other than the Collateral, (b) such Indebtedness satisfies the applicable requirements set forth in the provisos in the definition of “Credit Agreement Refinancing Indebtedness” (provided that such Indebtedness may be secured by a Lien on the Collateral that ranks junior in priority to the Liens on the Collateral securing the Obligations and any other First Lien Obligations, notwithstanding any provision to the contrary contained in the definition of “Credit Agreement Refinancing Indebtedness”), (c) the holders of such Indebtedness (or their representative) and the Collateral Agent shall become parties to a Customary Intercreditor Agreement described in clause (b) of the definition thereof providing that the Liens on the Collateral securing such obligations shall rank junior in priority to the Liens on the Collateral securing the Obligations, and (d) such Indebtedness is not at any time guaranteed by any Person other than Persons that are Guarantors.