Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 60 contracts
Samples: Credit Agreement (Cerence Inc.), Incremental Assumption Agreement (Rackspace Technology, Inc.), Credit Agreement (AP Gaming Holdco, Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) and “Designated Senior Debt” (or the equivalent thereof, if any) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 8 contracts
Samples: Credit Agreement (Caesars Entertainment, Inc.), Intercreditor Agreement (CAESARS ENTERTAINMENT Corp), First Lien Credit Agreement (CAESARS ENTERTAINMENT Corp)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness (if any) of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 8 contracts
Samples: Credit Agreement (Verso Paper Holdings LLC), Senior Secured Term Loan Agreement (Verso Corp), Joinder Agreement (Verso Corp)
Senior Debt. The Loan Document Obligations constitute “Senior Debt” (or the equivalent thereof) and “Designated Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Document Obligations.
Appears in 7 contracts
Samples: Credit Agreement (Blue Buffalo Pet Products, Inc.), Credit Agreement (Blue Buffalo Pet Products, Inc.), Credit Agreement (Ww International, Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 5 contracts
Samples: Credit Agreement (Canopy Growth Corp), Credit Agreement (Canopy Growth Corp), Pledge and Security Agreement (Canopy Growth Corp)
Senior Debt. The Loan Obligations under this Agreement constitute “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 4 contracts
Samples: Asset Based Revolving Credit Agreement (Sun Country Airlines Holdings, Inc.), Asset Based Revolving Credit Agreement (DS Services of America, Inc.), Credit Agreement (Sun Country Airlines Holdings, Inc.)
Senior Debt. The Loan Obligations constitute “Senior Class Debt” under, and as defined in, the First Lien/First Lien Intercreditor Agreement and “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 3 contracts
Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing or evidencing any Material Indebtedness in excess of the Threshold Amount of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 3 contracts
Samples: Credit Agreement (Indivior PLC), Credit Agreement (Indivior PLC), Credit Agreement (Indivior PLC)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) and “Designated Senior Debt” (or the equivalent thereof, if any) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder (including any Junior Financing) or any Permitted Refinancing Indebtedness in respect thereof constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Sprouts Farmers Market, Inc.), Credit Agreement (Sprouts Farmers Market, Inc.)
Senior Debt. The Loan Obligations constitute “Senior DebtIndebtedness” (or the equivalent thereof) under the Existing Indenture and under any documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Chicken Soup for the Soul Entertainment, Inc.), Credit Agreement12 (Chicken Soup for the Soul Entertainment, Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.. Section 3.25
Appears in 2 contracts
Samples: Credit Agreement (ADT Inc.), Credit Agreement (Driven Brands Holdings Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) and “Designated Senior Debt” (or the equivalent thereof, if any) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Vici Properties Inc.), First Lien Credit Agreement (Vici Properties Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party Party, if any, permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 1 contract
Samples: Credit Agreement (Open Lending Corp)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing or evidencing any Material Indebtedness in excess of the Threshold 128 Amount of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 1 contract
Samples: Credit Agreement (Indivior PLC)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) and “Designated Senior Debt” (or the equivalent thereof, if any) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder (including any Junior Financing) or any Permitted Refinancing Indebtedness in respect thereof constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.
Appears in 1 contract
Senior Debt. The Obligations of the Loan Obligations Parties under the Loan Documents constitute “Senior DebtIndebtedness” (or the equivalent thereofany comparable term) under or “Senior Secured Financing” (or any comparable term) under, and as defined in, the documentation governing governing, any Material Indebtedness of Permitted Subordinated Incremental Equivalent Debt or any Loan Party permitted to be incurred hereunder constituting other Indebtedness that is subordinated in right of payment to the Loan ObligationsObligations expressly by its terms.
Appears in 1 contract
Samples: Credit Agreement (Primedia Inc)
Senior Debt. The Loan Obligations constitute “Senior Class Debt” under, and as defined in, the First Lien/First Lien Intercreditor Agreement and “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.. 148
Appears in 1 contract
Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debtsenior debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations. The Obligations are senior in right of payment to and senior with respect to Liens incurred pursuant to the Pre- Petition First Lien Credit Agreement, in accordance with the DIP Order and Section 9.31 of the Pre-Petition First Lien Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement
Senior Debt. The Obligations of the Loan Obligations Parties under the Loan Documents constitute “Senior DebtIndebtedness” (or the equivalent thereofany comparable term) under or “Senior Secured Financing” (or any comparable term) under, and as defined in the documentation governing governing, any Material Indebtedness of Permitted Subordinated Notes or any Loan Party permitted to be incurred hereunder constituting other Indebtedness that is subordinated in right of payment to the Loan ObligationsObligations expressly by its terms.
Appears in 1 contract
Samples: Credit Agreement (Axcan Intermediate Holdings Inc.)
Senior Debt. The Loan Obligations constitute “Senior Debt” (or the equivalent thereof) under the documentation governing any Material Indebtedness of any Loan Party permitted to be incurred hereunder constituting Indebtedness that is subordinated in right of payment to the Loan Obligations.. 124
Appears in 1 contract
Samples: Incremental Assumption and Amendment Agreement (ADT Inc.)
