Examples of First Lien Documents in a sentence
The Adequate Protection Obligations shall be for the benefit of the secured parties under the Prepetition First Lien Documents on a senior basis and the secured parties under the Prepetition Second Lien Documents on a junior basis in accordance with the priorities set forth in the Prepetition Intercreditor Agreement.
Upon their execution, the New First Lien Documents shall constitute legal, valid, binding, and authorized joint and several obligations of the applicable Reorganized Debtors, enforceable in accordance with their respective terms, and such indebtedness and obligations shall not be, and shall not be deemed to be, subject to challenge, discharge, impairment, release, avoidance, recharacterization, or subordination.
Proceeds of Collateral received by the Collateral Agent or any Secured Party during a Default Distribution Period or otherwise required to be applied pursuant to this section shall be applied first, to repay the First Lien Obligations as set forth in the First Lien Documents until paid in full (including Post-Petition Interest) and then, to repay the Second Lien Obligations as set forth in the Second Lien Loan Agreement until paid in full.
Consider the following example: /ðahaba/[ðahaba]"he went" [dahaba]"he went" [zahaba]"he went" However, the distinction between [ð], [d] and [z] in Arabic is phonemic in nature because they are used as separate contrastive phonemes in a large An Experimental Sociolinguistic Study of Language Variation in Jordanian Arabic number of minimal pairs in Standard Arabic.
The Reorganized Debtors may use the Amended and Restated First Lien Facility for any purpose permitted by the Amended and Restated First Lien Documents and the New Mezzanine Debt Facility for any purpose permitted by the New Mezzanine Debt Documents, including the funding of obligations under this Plan and satisfaction of ongoing working capital needs.