Pari Passu Secured Parties definition

Pari Passu Secured Parties means (a) the holders of any Pari Passu Debt Obligations, (b) any Representative(s) with respect thereto and (c) the successors and assigns of each of the foregoing.
Pari Passu Secured Parties means (i) the Existing Secured Parties, (ii) the Initial Additional Pari Passu Secured Parties and (iii) the other Additional Pari Passu Secured Parties with respect to each Series of other Additional Pari Passu Obligations.
Pari Passu Secured Parties means, collectively, the Collateral Agent, the New Credit Facility Secured Parties and the Notes Secured Parties (each as defined below in the definition of “Series”), and any Additional Pari Passu Secured Parties.

Examples of Pari Passu 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 Pari Passu Secured Parties in relation to one another.

  • This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, as well as the other Pari Passu Secured Parties, all of whom are intended to be bound by, and to be third party beneficiaries of, this Agreement.

  • This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, as well as the other Pari Passu Secured Parties, all of whom are intended to be bound by, and to be third party beneficiaries of, this Agreement.

  • The Security Documents define the relative rights, as lienholders, of the Pari Passu Secured Parties.

  • The ABL Secured Parties, the Term Secured Parties, the Notes Secured Party and the Additional Pari Passu Secured Parties (if any) 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 Loan Party on the faith hereof.


More Definitions of Pari Passu Secured Parties

Pari Passu Secured Parties means the holders from time to time of Pari Passu Obligations.
Pari Passu Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Senior Secured Notes Creditors.
Pari Passu Secured Parties means (i) the Notes Secured Parties and (ii) any Future Pari Passu Indebted- ness Secured Parties.
Pari Passu Secured Parties means (i) with respect to the Notes, the Trustee, the Collateral Agent, the Holders of the Notes and the other persons from time to time holding Obligations under this Indenture and (ii) with respect to any series of Additional Pari Passu Debt, the holders of such Additional Pari Passu Debt, the authorized representative with respect thereto, any trustee or agent therefor under any related Pari Passu Document and the beneficiaries of each indemnification obligation undertaken by the Company or any Guarantor under any related Pari Passu Documents and the holders of any other Pari Passu Obligations secured by the Pari Passu Documents for such series of Additional Pari Passu Debt.
Pari Passu Secured Parties means the ABL Claimholders (as defined in the Pari Passu Intercreditor Agreement).
Pari Passu Secured Parties means, collectively, the Collateral Agent and the Notes Secured Parties, and any Additional Pari Passu Secured Parties.