First Lien Term Lenders definition

First Lien Term Lenders means the “Term Lenders” as defined in the First Lien Credit Agreement.
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First Lien Term Lenders means those Term Lenders (as defined in the Credit Agreement) party to the Credit Agreement.
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First Lien Term Lenders means those banks, financial institutions, and other lenders party to the First Lien Credit Agreement from time to time.
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Examples of First Lien Term Lenders in a sentence

  • The First Lien Term Lender Parties shall also be entitled to receive the proceeds of the Residual Assets, and any amounts refundable to the First Lien Term Lenders under the terms of the Funding Agreement, the First Lien Term Loan and prior orders entered by the Bankruptcy Court.

  • On or immediately prior to the Effective Date, the New Organizational Documents shall be amended in a manner acceptable to the Debtors and the Required Consenting First Lien Term Lenders, as may be necessary to effectuate the transactions contemplated by the Plan.

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  • Id. at § 6.8(d)(i) (“[t]he [First Lien Term Lenders] may not, without the express written consent of, or joinder by, [the majority of the ABL Lenders], independently seek adequate protection in respect of the [First Lien Term Loan].”).

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  • For the avoidance of doubt, upon the Effective Date, the First Lien Term Lenders Liquidating Trustee shall have all rights and remedies of the Debtors under the Global Plan Settlement.

  • The conditions precedent to the confirmation of the Plan and the Effective Date set forth in Section 9.1 of the Plan may be waived in writing by the Debtors, the Requisite First Lien Term Lenders, the Requisite Second Lien Term Lenders, and the Requisite Sponsor Second Lien Term Lenders without leave of or order of the Bankruptcy Court.QQ.

  • The First Lien Term Lenders Liquidating Trustee shall be responsible for administering the First Lien Term Lenders Liquidating Trust and liquidating the Debtors’ Other Assets and distributing Cash in accordance with this Plan and resolving all Claims other than General Unsecured Claims.

  • The First Lien Term Lenders Liquidating Trustee shall consult regularly with the First Lien Term Lenders Liquidating Trust Oversight Board when carrying out the implementation of this Plan.

  • The First Lien Term Lenders Liquidating Trustee and/or the First Lien Term Lenders Liquidating Trust may, in accordance with the First Lien Term Lenders Liquidating Trust Agreement, enforce, sue on, settle or compromise (or decline to do any of the foregoing) any or all of the Causes of Action that are not waived or released under this Plan, the Confirmation Order, the Cash Collateral Order, or other Final Order of the Bankruptcy Court.


More Definitions of First Lien Term Lenders

First Lien Term Lenders shall have the meaning assigned to that term in the introduction to this Agreement and shall include all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” under any First Lien Term Credit Agreement.
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First Lien Term Lenders means collectively, Lenders with respect to the Term B Loans and Incremental Term Lenders with respect to Loans secured on a pari passu basis with the Term B Loans.
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First Lien Term Lenders means those lenders party to the First Lien Term Credit Agreement from time to time.
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Related to First Lien Term Lenders

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

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

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

  • Term Lenders means those Lenders having Term Loan Commitments.

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

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

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

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

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

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

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • 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.

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

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

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • 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.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).