Second Beneficiaries definition

Second Beneficiaries means the facility agent under our senior credit facility or any Designated Refinancing Agreement, any other authorized representatives of either any other series of Senior Liabilities or the Senior Liabilities as a whole, the Senior Finance Parties and our secured hedge counterparties;

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Second Beneficiaries means the Facility Agent, any other Authorised Representatives, the Senior Finance Parties and the Hedge Counterparties.

Second Beneficiaries means the Senior Beneficiaries, the Senior Hedging Banks and the High Yield Hedging Banks;

Examples of Second Beneficiaries in a sentence

Order of Payment to First Beneficiary Class and Second Beneficiary Class: Payment of the death benefit will be made in one sum exclusively to the First Beneficiaries who are living at the death of the Insured, if any; otherwise to the Second Beneficiaries who are living, if any.
The closing in respect of the Second Block of Shares (the "Closing of the Second Block") shall occur at a date determined by the First and Second Beneficiaries on or within 5 days from the date of occurrence of the Transfer of Control of the Company.
At the Closing of the Second Block, the First and Second Beneficiaries shall pay the Price of the Second Block of Shares in the manner set forth in Article 1.3(b).
The appointment of the First Beneficiaries and the Second Beneficiaries hereunder shall be effective on the date hereof.
Simultaneously with the execution and delivery of this Agreement: (a) the First Beneficiary shall deliver to the Trustee certificates representing an aggregate of 400,000 shares of Common Stock representing the Purchased Shares held by the First Beneficiary, and (b) the Second Beneficiaries shall deliver to the Trustee certificates representing an aggregate of 474,686 shares of Common Stock representing the Option Shares held by the Second Beneficiaries.
Upon the delivery to the Trustee of the certificates and stock powers referred to in paragraph 1 hereof, the Trustee shall deliver to the First Beneficiary a certificate substantially in the form hereinafter set forth (a "Trustee's Certificate") for the number of Shares delivered to the Trustee by the First Beneficiary, and the Trustee shall deliver to the Second Beneficiaries a Trustee's certificate for the number of Shares delivered to the Trustee by the Second Beneficiaries.
Pursuant to the terms of the Purchase Agreement, if, subsequent to the second anniversary of the date of this Agreement, the Second Beneficiaries sell or otherwise transfer any of the Option Shares (the "Transferred Shares"), the Trustee's voting power and authority shall cease with respect to such Transferred Shares, the Transferred Shares shall no longer be subject to the terms of this Agreement.

More Definitions of Second Beneficiaries

Second Beneficiaries means the Grantors in connection with the rights thereof set forth in Clause Third hereof.

Second Beneficiaries means the Facility Agent, the Senior Lenders and the Hedge Counterparties;