First Lien Credit Agreement Obligations definition

First Lien Credit Agreement Obligations means the “Secured Obligations” as defined in the First Lien Credit Agreement.

First Lien Credit Agreement Obligations means the “Obligations” as defined in the First Lien Credit Agreement.

First Lien Credit Agreement Obligations means all amounts owing pursuant to the First Lien Credit Agreement and the First Lien Credit Documents, including, without limitation, the obligation (including guarantee obligations) to pay principal, interest, letter of credit commissions, reimbursement obligations, charges, expenses, fees, attorneys costs, indemnities and other amounts, together with all obligations in respect of banking products and cash management services secured pursuant to the First Lien Credit Documents.

Examples of First Lien Credit Agreement Obligations in a sentence

• Notwithstanding anything to the contrary contained herein, a Guarantor shall be automatically released from its obligations under all of the Loan Documents upon its release under the First Lien Loan Documents (other than in connection with the Discharge of First Lien Credit Agreement Obligations) to the extent required pursuant to the terms of the Closing Date Intercreditor Agreement.

• For the avoidance of doubt, such purchase shall not reduce or limit the benefits of the First Lien Credit Agreement favor of any First Lien Credit Agreement Senior Party that expressly survive the assignment of all or any portion of the First Lien Credit Agreement Obligations by such First Lien Credit Agreement Senior Party, including, without limitation, any indemnity obligations of the Grantors thereunder.

• In connection with any matter under this Agreement requiring a vote of holders of First Lien Credit Agreement Obligations, all First Lien Credit Agreement Obligations entitled to vote pursuant to the applicable Secured Credit Documents shall vote as a single class and each Series of First Lien Credit Agreement Obligations will count its votes in accordance with the Secured Credit Documents governing such Series of First Lien Credit Agreement Obligations.

• The Challenge Period may be extended only (i) with the written consent of the Debtors and, with respect to any challenge related to the First Lien Credit Agreement Obligations, with the written consent of the Debtors and the First Lien Credit Agreement Administrative Agent or (ii) by order of the Court for good cause shown.

• No portion of the First Lien Credit Agreement Obligations (including any interest owed thereunder) is subject to set-off, avoidance, impairment, disallowance, recharacterization, reduction, subordination (whether equitable, contractual, or otherwise), counterclaims, recoupment, cross-claims, defenses, or any other challenges under or pursuant to the Bankruptcy Code or any other applicable domestic or foreign law or regulation by any person or entity.

More Definitions of First Lien Credit Agreement Obligations

First Lien Credit Agreement Obligations shall not include any obligations (including guarantees) in respect of indebtedness or other extensions of credit owing by any Foreign Subsidiary of the Borrower.

First Lien Credit Agreement Obligations means the “Obligations” as defined under theFirst Lien Credit Agreement.

First Lien Credit Agreement Obligations means, collectively, (i) the Credit Agreement Obligations and (ii) the Term Loan Agreement Obligations. Where an Australian Guarantor would have been liable for First Lien Credit Agreement Obligations but for its Liquidation or a set-off claimed by it, it will be taken still to be liable.

First Lien Credit Agreement Obligations means, collectively, (i) the Credit Agreement Obligations and (ii) the ChampionX Credit Agreement Obligations.

First Lien Credit Agreement Obligations means the “Secured Obligations” as defined in the First Lien Credit Facilities. 18

First Lien Credit Agreement Obligations means the "Secured Obligations" as defined in Section I of the First Lien Security Agreement, including all Post-Petition Interest relating thereto. For the avoidance of doubt, First Lien Credit Agreement Obligations shall not include any obligations in connection with the Receivables Purchase Agreement or any DIP Financing.

First Lien Credit Agreement Obligations under the Amendment No. 3 Effective Date Intercreditor Agreement and “senior debt,” “senior indebtedness,” “guarantor senior debt,” “senior secured financing” and “designated senior indebtedness” (or any comparable term) for all Subordinated Indebtedness.