Examples of Additional Junior Lien Obligations in a sentence
Upon any Additional Junior Lien Representative and Additional Junior Lien Collateral Agent so becoming a party hereto, all Additional Junior Lien Obligations of such Series shall also be entitled to be so secured by a subordinated Lien on the Collateral in accordance with the terms hereof and thereof.
For Additional Junior Lien Obligations, (i) 1.20 with respect to Senior Bonds and Junior Lien Obligations, (ii) 1.20 with respect to Senior Bonds, Junior Lien Obligations and Subordinated Bonds and (iii) 1.10 with respect to all Obligations.
Holdings shall not incur any Liens on Capital Stock of the Parent Borrower other than non-consensual Liens and those for the benefit of the Obligations, the First Lien Obligations and the Additional Junior Lien Obligations (as defined in the ABL Intercreditor Agreement).
For Additional Junior Lien Obligations, (i) 1.20 with respect to Senior Bonds and Junior Lien Obligations, (ii) 1.10 with respect to Senior Bonds, Junior Lien Obligations and Subordinated Bonds and (iii) 1.00 with respect to all Obligations.
Upon any Additional Junior Lien Representative and Additional Junior Lien Collateral Agent so becoming a party hereto and becoming a party to the Junior Lien Pari Passu Intercreditor Agreement in accordance with the terms thereof, all Additional Junior Lien Obligations of such Series shall also be entitled to be so secured by a subordinated Lien on the Collateral in accordance with the terms hereof and thereof.