First Lien Loans definition

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

First Lien Loans means “Loans” under and as defined in the First Lien Credit Agreement.

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

Examples of First Lien Loans in a sentence

• Prior to the Petition Date, on October 1, 2020, the Debtors commenced the solicitation of votes on the Prepackaged Plan from the holders of First Lien Loans and Second Lien Loans on the basis of the Disclosure Statement for Joint Prepackaged Chapter 11 Plan of UTEX Industries, Inc.

• For the avoidance of doubt, DIP Loans shall constitute First Lien Loans.

• 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.

• The Senior First Lien Loans shall bear interest at a per annum rate of 9.0%.

• Administrative Agent shall advise each Lender of the total amount of accrued interest on the Senior First Lien Loans and Senior Second Lien Loans due on such Interest Payment Date and the amount each Lender is required to fund pursuant to Section 2.02(c).

More Definitions of First Lien Loans

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

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

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

First Lien Loans means the “Term Loans” as defined in the First Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental First Lien Term Loans (as defined in the First Lien Credit Agreement).

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 has the meaning assigned to the term “Loans” in the First Lien Credit Agreement.

First Lien Loans means the Loans as such term is defined in the First Lien Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof.