First Lien Lenders definition

First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.
First Lien Lenders means the “Lenders” under and as defined in the First Lien Loan Documents.

Examples of First Lien Lenders in a sentence

Similarly, nothing herein shall prejudice or be deemed to prejudice creditors’ rights of setoff or recoupment.3.7 Treatment of YucaipaPursuant to the Plan, Yucaipa shall receive the treatment afforded to the holders of First Lien Claims who are Non-Electing First Lien Lenders in Class 2 as set forth in Section 3.3 hereof.

Cancellation of LCs. On Closing, the Purchaser shall cancel and return all LCs issued by any of the First Lien Lenders to the applicable First Lien Lender without any further obligation.

The First Lien Lender Deferred Distribution shall be paid by Reorganized Debtors to the Non-Electing First Lien Lenders.

First Lien Reserves” means the approximately $13 million of Cash held in reserves by the First Lien Agents for the benefit of the First Lien Lenders, which amount may be reduced to the extent necessary to fund distributions to holders of Allowed Claims in accordance with this Plan and to provide for payments of future costs and expenses of the First Lien Agents, as determined by the First Lien Agents in their discretion.

Pursuant to the Plan, Yucaipa shall receive the treatment afforded to the holders of First Lien Claims who are Non-Electing First Lien Lenders in Class 2 as set forth in Section 3.3 hereof.


More Definitions of First Lien Lenders

First Lien Lenders shall have the meaning assigned to such term in the preliminary statement of this Agreement.
First Lien Lenders means the “Lenders” under, and as defined in, the First-Lien Credit Agreement; provided that the term “First-Lien Lender” shall in any event include each letter of credit issuer and each swingline lender under the First-Lien Credit Agreement.
First Lien Lenders means “Lenders” as defined in the First Lien Credit Agreement.
First Lien Lenders means the “Lenders” as defined in the First Lien Credit Agreement (or any similar term in any Additional First Lien Obligations Agreement) and also shall include all First Lien Issuing Banks.
First Lien Lenders has the meaning given such term in the Plan.
First Lien Lenders means, collectively, any person party to the First Lien Documents as a lender (and including any other lender or group of lenders that at any time refinances, replaces or succeeds to all or any portion of the First Lien Debt or is otherwise party to the First Lien Documents as a lender); sometimes being referred to herein individually as a “First Lien Lender”.