First Lien Creditors definition

First Lien Creditors means, at any relevant time, the holders of First-Lien Obligations at such time, including, without limitation, the First-Lien Lenders, the Hedge Banks, the Cash Management Banks, the First-Lien Collateral Agent, the First-Lien Administrative Agent and the other agents and arrangers under the First-Lien Credit Agreement.

First Lien Creditors shall have the meaning provided in the recitals to this Agreement.

First Lien Creditors shall have the meaning assigned to that term in the Intercreditor Agreement.

Examples of First Lien Creditors in a sentence

• The New Organizational Documents for Reorganized TCEH or any of its subsidiaries shall be consistent with the Tax Matters Agreement and in form and substance reasonably acceptable to TCEH and the TCEH Supporting First Lien Creditors.

• Therefore, the TCEH Supporting First Lien Creditors are entitled to vote to accept or reject the Plan on behalf of TCEH.

• If the Spin-Off is effectuated pursuant to the terms and conditions set forth in Article IV.B.2, at the election of the TCEH Supporting First Lien Creditors, on the TCEH Effective Date and before the Distribution, Reorganized TCEH shall enter into the Spin-Off Tax Receivable Agreement, under which Reorganized TCEH shall agree to make payments in respect of its (or its subsidiaries’) specified tax items to or for the benefit of the TCEH First Lien Creditors (or their assigns).

• On or prior to the Effective Date, the Committee, with the consent of the Debtors and the Requisite First Lien Creditors (provided that such consent shall not be unreasonably withheld), shall appoint the Claims Oversight Monitor to participate in the post-Effective Date reconciliation process for General Unsecured Claims and Claims arising under section 503(b)(9) of the Bankruptcy Code.

• The Debtors shall consult and cooperate with the Requisite First Lien Creditors in good faith to structure the Restructuring Transactions in a manner that will mitigate or eliminate any withholding obligations.

More Definitions of First Lien Creditors

First Lien Creditors the First Lien Agent, the First Lien Lenders and the other Persons from time to time holding First Lien Obligations.

First Lien Creditors means, at any relevant time, the holders of First Lien Obligations at that time, including First Lien Lenders and First Lien Agent, the beneficiaries of each indemnification obligation under any of the First Lien Loan Documents, and any successor or transferee of any of the foregoing.

First Lien Creditors means the holders of First Lien Indebtedness.

First Lien Creditors means the First Lien Agent and the lenders under the First Lien Credit Agreement from time to time;

First Lien Creditors means the lenders, the issuers of letters of credit under the First Lien Documents and any other holders of First Lien Obligations.

First Lien Creditors means the First Lien Representative and the “Lenders” as defined in the First Lien Agreement, or any Persons that are designated under the First Lien Agreement as the “First Lien Creditors” for purposes of the Intercreditor Agreement.

First Lien Creditors means, collectively, the Bank Creditors and the Interest Rate Creditors.