Additional Pari Passu Lien Obligations definition

Additional Pari Passu Lien Obligations means indebtedness and related obligations (other than Priority Payment Lien Obligations) permitted under the Notes Indenture and under the First Lien Credit Agreement to be incurred and to be secured on a pari passu basis with the Liens securing the Pari Passu Lien Obligations.

Additional Pari Passu Lien Obligations means all Obligations that have been designated as such pursuant to the Intercreditor Agreement.

Additional Pari Passu Lien Obligations means all Obligations of the Company and the Guarantors that shall have been designated as such pursuant to the Pari Passu Intercreditor Agreement, together with any refinancing thereof; provided, that the holders of any such indebtedness for any such refinancing (or the applicable collateral agent on their behalf) shall (A) to the extent not already party to the Pari Passu Intercreditor Agreement, bind themselves in writing to the terms of such Pari Passu Intercreditor Agreement and (B) to the extent not already party thereto in such capacity, bind themselves in writing to the terms of the ABL Intercreditor Agreement.

Examples of Additional Pari Passu Lien Obligations in a sentence

• The Collateral Agent will acknowledge such designation and appointment by the Holders by acknowledging that certain Intercreditor Joinder Agreement, that certain Additional Pari Passu Lien Obligations Designation and the related Reaffirmation Agreement, each to be dated as of the Issue Date.

• The Person identified in the signature pages hereto as the “Additional Authorized Representative” (the “Additional Authorized Representative”) will serve as the administrative agent, trustee or a similar representative for the holders of the Additional Pari Passu Lien Obligations (the “Additional Secured Parties”).

• Turning now to the issue of self-determination itself, it should be observed at the outset that international law disfavours the fragmenta- tion of existing States and seeks to protect their boundaries from foreign aggression and intervention.

• However, the concept of ‘governance’ is based on the assumption of the necessity of the full consent of its participants.

• The Company and the other Grantors propose to issue or incur Additional Pari Passu Lien Obligations designated by the Company as such in accordance with Article VI of the Intercreditor Agreement in an Officer’s Certificate delivered concurrently herewith to the Collateral Agent and the Authorized Representatives (the “Additional Pari Passu Lien Obligations”).

More Definitions of Additional Pari Passu Lien Obligations

Additional Pari Passu Lien Obligations means all obligations of the Borrower and the other Grantors that shall have been designated as such pursuant to Article IX, together with any Refinancing thereof; provided, that the holders of any such Refinancing debt (or the applicable Collateral Agent on their behalf) shall, to the extent not already party hereto in such capacity, bind themselves in writing to the terms of this Agreement.

Additional Pari Passu Lien Obligations has the meaning specified in Section 7.03(a)(vii).

Additional Pari Passu Lien Obligations. Indebtedness of the Grantors incurred or issued following the date of this Agreement to the extent (1) such Indebtedness is not prohibited by the terms of the Indenture and each then extant Additional Pari Passu Agreement from being secured by Liens on the Collateral ranking pari passu with the Liens securing the Notes Obligations, (2) such Indebtedness or other obligations constitute “Permitted Additional Pari Passu Obligations” as defined in the Indenture, and (3) such Indebtedness has been designated as such pursuant to Section 8.15 and, except in the case of any Additional Securities, the Additional Pari Passu Agent for the holders of such Indebtedness has executed and delivered to the Collateral Agent the Additional Pari Passu Joinder Agreement, and shall include all other obligations and liabilities owing or due under the Additional Pari Passu Agreement governing such Indebtedness, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, in each case, which may arise under, out of, or in connection with such Additional Pari Passu Agreement or any other document made, delivered or given in connection therewith, in each case whether on account of principal, premium, interest, reimbursement obligations, fees, indemnities, guarantees, costs, expenses or otherwise (including, without limitation, all interest, fees and amounts accruing on or after the commencement of any insolvency or bankruptcy proceeding relating to any Grantor whether or not allowed or allowable in such insolvency or bankruptcy proceeding).

Additional Pari Passu Lien Obligations means all obligations of the Company and the other Grantors that shall have been designated as such pursuant to Article VI.

Additional Pari Passu Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

Additional Pari Passu Lien Obligations means all obligations of the Company and the Guarantors that shall have been designated as such pursuant to the Pari Passu Intercreditor Agreement, together with any refinancing thereof; provided, that the holders of any such refinancing indebtedness (or the applicable collateral agent on their behalf) shall (A) to the extent not already party to the Pari Passu Intercreditor Agreement, bind themselves in writing to the terms of such agreement and (B) to the extent not already party thereto in such capacity, bind themselves in writing to the terms of the ABL Intercreditor Agreement.

Additional Pari Passu Lien Obligations means all Obligations of the Issuers and the other Grantors that shall have been designated as such pursuant to Article VI. Additional Pari-Passu Lien Obligations shall include Post-Petition Interest.