First Lien Loans definition

First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

First Lien Loans means the loans made under the First Lien Credit Agreement.

First Lien Loans means any loans or advances outstanding under the First Lien Documents.

Examples of First Lien Loans in a sentence

• The DIP Facility provides the Debtors with$54,500,000 in incremental liquidity, with the remainder serving as a roll-up of the Debtors’ outstanding obligations under the First Lien Loans.

• The first five Eligible Collateral Obligations acquired by the Borrower shall be any of First Lien Loans, Unitranche Loans and/or FILO Loans.

• Immediately after giving effect to the Transactions and the other transactions contemplated hereby, Holdings, the Borrower and the Subsidiaries shall have outstanding no Indebtedness or preferred stock other than (a) Indebtedness outstanding under this Agreement, (b) the First Lien Loans, (c) Indebtedness set forth on Schedule 6.01 and (d) other Indebtedness in an outstanding principal amount not to exceed $100,000 in the aggregate.

• Unless otherwise agreed by the Senior First Lien Lenders who are being prepaid and the Senior Second Lien Lenders, each whole or partial prepayment of the Loans or reduction in undrawn Commitment shall be applied first to prepayment or reduction of the undrawn Commitment of the Senior First Lien Loans and second to prepayment or reduction of the undrawn Commitment of the Senior Second Lien Loans.

• Other than disbursements to pay interest on the Senior First Lien Loans or interest on the Senior Second Lien Loans, Advances will not be made more frequently than monthly.

More Definitions of First Lien Loans

First Lien Loans means the loans to be made from time to time under and in accordance with the First Lien Credit Documents.

First Lien Loans means, collectively, the First Lien Term Loan and the First Lien Revolving Loans.

First Lien Loans means "Loans", as defined in the First Lien Credit Agreement.

First Lien Loans. With respect to any First Lien Loan, the Mortgaged Property was not, as of the date of origination of the Mortgage Loan, subject to a mortgage, deed of trust, deed to secure debt or other security instrument creating a lien subordinate to the lien of the Mortgage;

First Lien Loans means the loans issued under the First Lien Credit Agreement.

First Lien Loans means the First Lien Term Loans and the First Lien Revolver Loans.

First Lien Loans means all Loans under, and as defined in, the Credit Agreement (other than Second-Lien Loans).