Common use of Second Lien Term Loans Clause in Contracts

Second Lien Term Loans. (i) The Second Lien Credit Agreement shall contain terms that conform to the Plan of Reorganization and are otherwise reasonably satisfactory to the Administrative Agent, and (ii) the Administrative Agent shall have received reasonably satisfactory evidence that the conditions to the effectiveness of the Second Lien Term Loan Documents shall have been satisfied or waived in accordance with their terms.

Appears in 2 contracts

Sources: Credit Agreement (Lear Corp), Credit Agreement (Lear Corp)