First Lien Revolver Claims definition

First Lien Revolver Claims means the Claims against the Plan Debtors derived from or based upon the First Lien Revolving Credit Agreement.
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First Lien Revolver Claims means all Claims against any MACH Gen Entity arising on account of the revolving credit facility made available to MACH Gen pursuant to the First Lien Credit Agreement, and which constitute “First Lien Obligations,” as such term is defined in the Intercreditor Agreement.
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First Lien Revolver Claims means Claims against any Debtor arising on account of or based upon the revolving credit facility made available under the First Lien Credit Agreement, including all accrued but unpaid interest, costs, fees, and indemnities, of which there was no amount outstanding as of the Petition Date (excluding the First Lien L/C Claims).
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Examples of First Lien Revolver Claims in a sentence

  • All other amounts with respect to the First Lien Revolver Claims have been repaid in full, in Cash, during the Chapter 11 Cases.

  • Class 1A for TOUSA shall consist of the First Lien Revolver Claims against TOUSA.

  • For the avoidance of doubt, the Allowed First Lien Revolver Claims against TOUSA shall not be subject to any avoidance, reductions, setoff, offset, recharacterization, subordination (equitable or contractual or otherwise), counter-claim, defense, disallowance, impairment, objection or any challenges under applicable law or regulation.

  • The First Lien Revolver Claims against TOUSA shall be Allowed in the amount of $16,643,322, representing unpaid postpetition interest that accrued on the amounts outstanding under the First Lien Revolving Credit Agreement, including non-default interest and default interest at the full contract rate from the Petition Date through November 21, 2011.

  • In the event that a Holder of a First Lien Revolver Claim declines to receive its pro rata share of the First Lien Revolver Claims Paydown Amount, such Holder’s portion will be re-allocated pro rata among accepting holders of First Lien Revolver Claims.

  • First Lien Revolver Claims are nonetheless classified for purposes of, and will receive the treatment specified in, the Plan, to the extent such Claims remain outstanding as of the Effective Date.

  • The independent referee laboratory will not be associated with the Project in any capacity or be affiliated with any Party, the Department, or with any Developer-Related Entities.

  • For further information on valuation, please refer to Section VII herein entitled, “Projected Financial Information and Valuation Analysis.”Holders of Claims or Interests in Class 3A (First Lien Revolver Claims), Class 3B (First Lien Term Loan Claims), Class 4 (Second Lien Claims), and Class 7(a) (Interests in MACH Gen, LLC) are Impaired under the Plan and therefore entitled to vote to accept or reject the Plan.

  • The Board may review the policy from time to time based on changing needs and aspirations of the target beneficiaries and make suitable modifications, as may be necessary.

  • As discussed below, the First Lien Lenders have agreed to continue providing MACH Gen with access to revolving credit during the Chapter 11 Cases in the form of a debtor-in- possession revolving credit facility of up to $200 million, which MACH Gen intends to use to fund its costs during the Chapter 11 Cases and, subject to Bankruptcy Court approval, repay and permanently reduce the balance of the First Lien Revolver Claims.


More Definitions of First Lien Revolver Claims

First Lien Revolver Claims means all Claims against any MACH Gen Entity
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First Lien Revolver Claims means all Claims derived from or based upon the First Lien Revolving Credit Agreement, including default interest, the reasonable and documented out-of-pocket fees and expenses of the First Lien Revolver Agent and its advisors and contingent and unliquidated Claims arising under the First Lien Revolving Credit Facility, all to the extent not previously paid by the Debtors.
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Related to First Lien Revolver Claims

  • Priority Lien Representative means (1) the First Lien Term Loan Agent or (2) in the case of any other Series of Priority Lien Debt, the trustee, agent or representative of the holders of such Series of Priority Lien Debt who maintains the transfer register for such Series of Priority Lien Debt and is appointed as a representative of the Priority Lien Debt (for purposes related to the administration of the Security Documents) pursuant to the credit agreement or other agreement governing such Series of Priority Lien Debt.

  • Second Lien Representative means, in the case of any Series of Second Lien Debt, the trustee, agent or representative of the holders of such Series of Second Lien Debt who maintains the transfer register for such Series of Second Lien Debt and is appointed as a Second Lien Representative (for purposes related to the administration of the Security Documents) pursuant to the indenture, credit agreement, loan agreement, note agreement, promissory note or other agreement or instrument evidencing or governing such Series of Second Lien Debt, together with its successors in such capacity; provided that in each case such Person shall have executed a joinder to the Collateral Agency and Intercreditor Agreement.

  • Junior Lien Representative means any duly Authorized Representative of any holders of Junior Lien Obligations, which representative is party to the applicable security documents.

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

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • ABL Lenders means the “Lenders” under and as defined in the ABL Credit Agreement.

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • Other First Lien Obligations means the “Other First Lien Obligations” as defined in the Collateral Agreement, including any interest accruing after commencement of any bankruptcy or insolvency proceeding with respect to any holder of Other First Lien Obligations whether or not allowed in such proceeding.

  • First Lien Obligations means (a) all the Credit Agreement Obligations, (b) all the Initial Additional First Lien Obligations and (c) all the Additional First Lien Obligations.

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • Senior Priority Obligations as defined in the Base Intercreditor Agreement.

  • Priority Debt means, as of any date, the sum (without duplication) of (i) Indebtedness of the Company and its Subsidiaries secured by Liens not otherwise permitted by Sections 10.4(a) through (h), and (ii) outstanding unsecured Indebtedness of Subsidiaries not otherwise permitted by Sections 10.3(a) through (d).

  • Term Obligations shall have the meaning set forth in the Intercreditor Agreement.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • First Lien Debt means the Initial First Lien Debt and any Additional First Lien Debt.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Priority Lien Obligations means the Priority Lien Debt and all other Obligations in respect of Priority Lien Debt.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • DIP means debtor-in-possession.

  • First Lien Indebtedness means any Indebtedness for borrowed money (which, for the avoidance of doubt, does not include Purchase Money Indebtedness, and any related Liens thereto) secured by a Lien on any assets of the Issuer or any Restricted Subsidiary ranking pari passu with the Liens securing the Notes Obligations.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Priority Lien Cap means $1,950.0 million.