New First Lien Documents definition

New First Lien Documents means the First Lien Documents relating to the New First Lien Obligations.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

New First Lien Documents shall have the meaning set forth in Section 4.5(a).

New First Lien Documents means, collectively, the New First Lien Indenture and any security documents and any other collateral, guarantee, and ancillary documents executed in connection with the New First Lien Indenture, the material terms of which shall be included in the Plan Supplement, and which terms shall be consistent with the terms and subject to the conditions set forth in the Restructuring Support Agreement and otherwise subject to the applicable consent rights set forth in the Restructuring Support Agreement.

Examples of New First Lien Documents in a sentence

• Except as otherwise expressly set forth in Section 2.1(a), Section 2.2(a), Section 2.3, Section 3.5 and Article 6 of this Agreement and subject to the First Lien Intercreditor Agreement, the New First Lien Collateral Agent and each New First Lien Secured Party may exercise rights and remedies as an unsecured creditor against the Company or any Subsidiary that has guaranteed the New First Lien Obligations in accordance with the terms of the New First Lien Documents and applicable law.

• This Agreement is the Additional Receivables Intercreditor Agreement referred to in the New First Lien Documents.

• Subject to the First Lien Intercreditor Agreement, from and after the date upon which the Discharge of ABL Obligations shall have occurred (or prior thereto upon the occurrence of the New First Lien Enforcement Date), the New First Lien Collateral Agent or any New First Lien Secured Party may Exercise Any Secured Creditor Remedies under the New First Lien Documents or applicable law as to any Common Collateral.

• Section 5.1 Notice of Acceptance and Other Waivers 20 Section 5.2 Modifications to ABL Documents and New First Lien Documents 21 Section 5.3 Reinstatement and Continuation of Agreement 22 Page No.

More Definitions of New First Lien Documents

New First Lien Documents means the Amended and Restated Credit Agreement, together with any other agreements and documents executed or delivered in connection therewith, each as amended, restated, amended and restated, supplemented, or otherwise modified from time to time, each of which shall be in form and substance as set forth in, and consistent with, the Restructuring Support Agreement.

New First Lien Documents means, collectively, the New First Lien Indenture and any security documents and any other collateral, guarantee, and ancillary documents executed in connection with the New First Lien Indenture.