First Priority Lenders definition

First Priority Lenders means, with respect to (a) any ABL Priority Collateral, the ABL Lenders, and (b) any Term Loan Priority Collateral, the Term Loan Lenders.
First Priority Lenders means the lenders from time to time party to the Credit Agreement, together with their respective successors and assigns; provided that the termFirst Priority Lender” shall in any event also include each letter of credit issuer and swingline lender under the Credit Agreement.
First Priority Lenders means the “Lenders” as defined in the First Priority Agreement, or any Persons that are designated under the First Priority Agreement as the “First Priority Lenders” for purposes of this Agreement.

Examples of First Priority Lenders in a sentence

  • With respect to any portion of the Common Collateral, neither the First Priority Agent nor the First Priority Lenders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Common Collateral for the benefit of the Second Priority Agent and the Second Priority Lenders.

  • The consent by the First Priority Lenders to the execution and delivery of the Second Priority Documents to which the First Priority Lenders have consented and all loans and other extensions of credit made or deemed made on and after the date hereof by the First Priority Lenders to the Company or any Subsidiary shall be deemed to have been given and made in reliance upon this Agreement.

  • With respect to any portion of the Common Collateral, except as expressly set forth in Section 5.5, neither the First Priority Agent nor the First Priority Lenders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Common Collateral for the benefit of the Second Priority Agent and the Second Priority Lenders.

  • The consent by the First Priority Lenders to the execution and delivery of the Second Priority Documents and the grant to any Second Priority Agent on behalf of the applicable Second Priority Lenders of a Lien on the Common Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the First Priority Lenders to the Company or any Grantor shall be deemed to have been given and made in reliance upon this Agreement.

  • Unless and until the Discharge of First Priority Claims has occurred, the Credit Agent and the First Priority Lenders shall have the sole and exclusive right under the First Priority Documents, to the extent such a right is granted in the First Priority Documents, to adjust settlement for any insurance policy covering the Common Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding affecting the Common Collateral.


More Definitions of First Priority Lenders

First Priority Lenders means the Persons holding First Priority Claims, including the Credit Agent.
First Priority Lenders means the Lenders under and as defined in the First Priority Loan Documents.
First Priority Lenders has the meaning set forth in the first WHEREAS clause of this Agreement.
First Priority Lenders has (so long as the Intercreditor Agreement is in effect) the meaning set forth in the Intercreditor Agreement.
First Priority Lenders means the “Lenders” from time to time party to, and as defined in, the First Priority Credit Agreement, together with their respective successors and assigns; provided that the termFirst Priority Lender” shall also include each letter of credit issuer and swingline lender under the First Priority Credit Agreement, any affiliate of a Lender that is a holder of First Priority Obligations and the “Issuing Bank,” the “Swingline Lender,” the “Administrative Agent” and the “Syndication Agent,” or similar agency position thereof, under (and each as defined in) the First Priority Credit Agreement and any other lender or investor that is a holder of a First Priority Obligation.
First Priority Lenders means the “Lenders” from time to time party to, and as defined in, the Credit Agreement, together with their respective successors and assigns; provided that the termFirst Priority Lender” shall also include each letter of credit issuer and swingline lender under the Credit Agreement, any affiliate of a Lender that is a holder of First Priority Obligations and the “Issuing Bank,” the “Swingline Lender,” the “Administrative Agent” and the “Syndication Agent,” or similar agency position thereof, under (and each as defined in) the Credit Agreement and any other lender or investor that is a holder of a First Priority Obligation.
First Priority Lenders means, with respect to (a) any ABL Facility First Priority Collateral, the ABL Lenders, and (b) any Term Facility First Priority Collateral, the Term Loan Lenders, as applicable.