Junior Priority Lien Obligations has the meaning assigned to the term “Second-Priority Lien Obligations” in the Senior Lien Intercreditor Agreement.
Junior Priority Lien Obligations means Junior Priority Lien Debt and all other principal (including reimbursement obligations and obligations to provide cash collateral with respect to letters of credit whether or not drawn), interest (including, to the extent legally permitted, all interest accrued thereon after the commencement of any insolvency or liquidation proceeding at the rate, including any applicable post-default rate even if such interest is not enforceable, allowable or allowed as a claim in such proceeding), premium (if any), fees, indemnifications, reimbursements, expenses, and other liabilities in respect thereof.
Junior Priority Lien Obligations means all Indebtedness secured by junior Liens on the Collateral as permitted by clause (i) of the definition of “Permitted Liens” and all Obligations in respect thereof.
More Definitions of Junior Priority Lien Obligations
Junior Priority Lien Obligations has the meaning set forth in the Tranche 2/3/4 Intercreditor Agreement.
Junior Priority Lien Obligations means any Indebtedness and other Obligations that are secured by Liens on the Collateral ranking junior in priority to the Liens securing the Notes and the Note Guarantees, including without limitation all obligations under the Junior Priority Lien Documents.
Junior Priority Lien Obligations means, with respect to a Junior Priority Secured Party, the Obligations owed to such Person.
Junior Priority Lien Obligations means Junior Priority Lien Debt and all other principal (including reimbursement obligations and obligations to provide cash collateral with respect to letters of credit whether or not drawn), interest (including, to the extent legally permitted, all interest accrued thereon after the commencement of any insolvency or liquidation proceeding at the rate, including any applicable post-default rate even if such interest is not enforceable, allowable or allowed as a claim in such proceeding), premium (if any), fees, indemnifications, reimbursements, expenses, and other liabilities in respect thereof. As of the Effective Date the Obligations constitute Junior Priority Lien Obligations.
Junior Priority Lien Obligations means any junior priority lien obligations that are secured by Liens on the Collateral having a junior priority to the Liens securing the Notes and the Note Guarantees, including without limitation all obligations under the Junior Priority Lien Documents.
Junior Priority Lien Obligations means all Indebtedness secured by junior Liens on the Collateral as permitted by the definition of “Permitted Liens” and all Obligations in respect thereof.