Additional Third Priority Indebtedness definition

Additional Third Priority Indebtedness means unsubordinated indebtedness of a Permitted Issuer issued or incurred after the Original Effective Date, to the extent permitted to be incurred by the Credit Agreement and each other Financing Document, which indebtedness is secured by a third priority Lien on the Collateral.

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Additional Third Priority Indebtedness means unsubordinated indebtedness of Crown Euroco issued or incurred on or after the date hereof, to the extent permitted to be incurred by the Credit Agreement and each other Financing Document, which indebtedness is secured by a third priority Lien on the Collateral.

Additional Third Priority Indebtedness means unsubordinated indebtedness issued or incurred on or after the date hereof and not owed to Crown Holdings or any of its subsidiaries, to the extent permitted to be incurred by the Credit Agreement, the Second Priority Notes Indenture and the Third Priority Notes Indenture, which indebtedness is secured by a third priority Lien that is subject and subordinated to the Liens securing the First Priority Indebtedness and Second Priority Indebtedness in the manner described in the Intercreditor Agreements on all or any portion of the Collateral.

Examples of Additional Third Priority Indebtedness in a sentence

The Additional Third Priority Indebtedness Representative shall certify as to such amounts and the U.S. Collateral Agent shall be entitled to rely conclusively upon such certification.
The Additional Third Priority Indebtedness Representative shall promptly upon the request of the Sharing Agent provide the Sharing Agent with true, correct and complete copies of each of the Additional Third Priority Indebtedness Documents to which it is a party.
The Additional Third Priority Indebtedness Representative shall certify as to such amounts and the Sharing Agent shall be entitled to rely conclusively upon such certification.
The Bank Agents, the Second Priority Notes Trustee and the Third Priority Notes Trustee each hereby irrevocably and unconditionally appoints, and each Bank Related Hedging Exchanger, Bank Related Cash Management Exchanger, Additional Second Priority Indebtedness Representative and Additional Third Priority Indebtedness Representative signing an acknowledgment hereto, by such signing, irrevocably and unconditionally appoints, Citicorp North America, Inc.
The Additional Third Priority Indebtedness Representative shall certify as to such amounts and the Euro Collateral Agent shall be entitled to rely conclusively upon such certification.

More Definitions of Additional Third Priority Indebtedness

Additional Third Priority Indebtedness means unsubordinated indebtedness issued or incurred on or after the date hereof and not owed to Crown Holdings or any of its subsidiaries, to the extent permitted to be incurred by the Credit Agreement, the Second Priority Notes Indenture and the Third Priority Notes Indenture, which indebtedness is secured by a third priority Lien that is subject and subordinated to the Liens securing the First Priority Indebtedness and Second Priority Indebtedness in the manner described herein on the U.S. Collateral as contemplated by the U.S. Security Documents.

Additional Third Priority Indebtedness means unsubordinated indebtedness issued or incurred by a U.S. Permitted Issuer after the Original Effective Date and not owed to Crown Holdings or any of its subsidiaries, to the extent permitted to be incurred by the Credit Agreement, the First Priority Notes Indenture, the Second Priority Notes Indenture and the Third Priority Notes Indenture, which indebtedness is secured by a third priority Lien that is subject and subordinated to the Liens securing the First Priority Indebtedness and Second Priority Indebtedness in the manner described herein on the U.S. Collateral.

Additional Third Priority Indebtedness means unsubordinated indebtedness issued or incurred by a Permitted Issuer after the Original Effective Date and not owed to Crown Holdings or any of its subsidiaries, to the extent permitted to be incurred by the Credit Agreement, the First Priority Notes Indenture, the Second Priority Notes Indenture and the Third Priority Notes Indenture, which indebtedness is secured by a third priority Lien that is subject and subordinated to the Liens securing the First Priority Indebtedness and Second Priority Indebtedness in the manner described in the Intercreditor Agreements on all or any part of the Collateral.

Additional Third Priority Indebtedness means unsubordinated indebtedness issued or incurred on or after the date hereof and not owed to Crown Holdings or any of its subsidiaries, to the extent permitted to be incurred by the Credit Agreement, the Second Priority Notes Indenture and the Third Priority Notes Indenture, which indebtedness is secured by a third priority Lien that is subject and subordinated to the Liens securing the First Priority Indebtedness and Second Priority Indebtedness in the manner described herein on the Euro Collateral as contemplated by the Euro Security Documents.