Additional Parity Lien Debt has the meaning set forth in Section 3.8(b).
Additional Parity Lien Debt that is permitted by each applicable Parity Lien Document to be secured with a Parity Lien equally and ratably with all previously existing and future Parity Lien Debt;
Additional Parity Lien Debt has the meaning set forth in Section 5.14.
Examples of Additional Parity Lien Debt in a sentence
Each Holder of Notes, by its acceptance of the Notes, consents to and directs (i) the Trustee to make the foregoing Additional Parity Lien Debt Designation on its behalf and (ii) the Collateral Trustee to perform its obligations under the Collateral Trust Agreement, the Intercreditor Agreement and the Parity Lien Security Documents.
More Definitions of Additional Parity Lien Debt
Additional Parity Lien Debt means the incurrence by the Authority of additional Parity Lien Debt, which will be Parity Lien Debt not prohibited by any Parity Lien Document and incurred and secured with a Parity Lien Equally and Ratably with all previous existing and future Parity Lien Debt.