Junior Lien Secured Parties definition

Junior Lien Secured Parties means the holders of any Junior Lien Obligations and any Authorized Representative with respect thereto.

Junior Lien Secured Parties means the holders of Junior Lien Obligations and each Junior Lien Representative.

Junior Lien Secured Parties means the Initial Junior-Lien Secured Parties and, with respect to any series, issue or class of Junior-Lien Debt, the holders of such Indebtedness, the Authorized Representative and the Collateral Agent with respect thereto, any trustee or agent therefor under any related Junior-Lien Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Company or any Grantor under any related Junior- Lien Debt Documents, in each case, solely in such party’s capacity as a holder of, or agent, trustee or similar representative for holders of, Junior-Lien Secured Debt.

Examples of Junior Lien Secured Parties in a sentence

• The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the First Lien Secured Parties on the one hand and the Junior Lien Secured Parties on the other hand.

• Each Grantor understands that the foregoing Intercreditor Agreement is for the sole benefit of the New First Lien Secured Parties and the Junior Lien Secured Parties and their respective successors and assigns, and that such Grantor is not an intended beneficiary or third party beneficiary thereof except to the extent otherwise expressly provided therein.

• The Junior Lien Agent, for itself and on behalf of the other Junior Lien Secured Parties, hereby waives any and all rights the Junior Lien Secured Parties may now or hereafter have under applicable law to revoke this Agreement or any of the provisions of this Agreement.

• The Junior Lien Collateral Agent, the Second Lien Trustees and each Junior Lien Representative represent and warrant that this Agreement is binding upon the Junior Lien Secured Parties.

• The Senior Lien Secured Parties and the Junior Lien Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide Indebtedness to, or for the benefit of, any Credit Party on the faith hereof.

More Definitions of Junior Lien Secured Parties

Junior Lien Secured Parties has the meaning assigned to that term in the introduction to this Agreement.

Junior Lien Secured Parties means (i) holders of Existing Second Priority Notes (including the holders of any Additional Notes (as defined in the Existing Second Priority Notes Indentures) subsequently issued under and in compliance with the terms of the Existing Second Priority Notes Indentures), (ii) the Junior Lien Collateral Agent and (iii) the holders from time to time of any other Junior Lien Obligations and each Junior Lien Representative.

Junior Lien Secured Parties means (i) the Secured Parties (as defined in the Prepetition Second Lien Notes Documents) and (ii) any Additional Junior Priority Secured Parties (as defined in the Junior Intercreditor Agreement).

Junior Lien Secured Parties means (i) the Secured Parties (as defined in the Second Lien Notes Documents) and (ii) any Additional Junior Priority Secured Parties (as defined in the Junior Intercreditor Agreement).

Junior Lien Secured Parties means the holders of any Junior Lien Obligations and any Authorized Representative with respect thereto. 2 Subject to effectuation of the Term Loan Amendment. 3 Subject to effectuation of the Term Loan Amendment.

Junior Lien Secured Parties means (i) Holders (including the Holders of any Additional Notes subsequently issued under and in compliance with the terms of this Indenture), (ii) the Collateral Agent and (iii) the holders from time to time of any other Junior Lien Obligations and each Junior Lien Representative.

Junior Lien Secured Parties means the [ ](1) Junior Lien Agent, the [ ](1) Junior Lien Creditors and the holders of any other [ ](1) Junior Lien Obligations.