Second Lien Borrowers definition

Second Lien Borrowers shall have the meaning assigned to that term in the introduction to this Agreement.
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Second Lien Borrowers means AN Global Inc. and AN Extend, S.A. de C.V.
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Examples of Second Lien Borrowers in a sentence

  • As described below, the obligations of the Second Lien Borrowers and the liens of Lightship are subject to the terms of the Intercreditor Agreement.

  • The obligations under the Second Lien Credit Agreement are secured by second-priority liens and security interests in substantially all of the assets of the Second Lien Borrowers and the Second Lien Guarantors, including a pledge of all or a portion of the equity interests of the Second Lien Borrowers and the Second Lien Guarantors.

  • The Second Lien Debt is secured, subject to certain limitations and exclusions, by a second-priority security interest in substantially all of the material assets of Holdings, the Second Lien Borrowers, and the Subsidiary Guarantors, with such security interests being junior in all respects to the security interests securing the First Lien Debt.

  • The Second Lien Borrowers’ obligations under the Second Lien Credit Agreement are guaranteed by Holdings, the Second Lien Borrowers, and the Subsidiary Guarantors.

  • Pursuant to that certain Resignation and Assignment Agreement, dated November 27, 2017, between Guggenheim, in its capacity as resigning agent, Lightship, in its capacity as successor agent, the Second Lien Borrowers and the Second Lien Guarantors, Lightship was appointed as successor agent, including as collateral agent, pursuant to Section 9.7 of the Second Lien Credit Agreement (the “Second Lien Agent”).

  • A leisure and fitness club was constructed in an adjacent single and two storey structures.

  • The obligations under the Second Lien Credit Agreement are secured by second- priority liens and security interests in substantially all of the assets of the Second Lien Borrowers and the Second Lien Guarantors, including a pledge of all or a portion of the equity interests of the Second Lien Borrowers and the Second Lien Guarantors.

Related to Second Lien Borrowers

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • First Lien Indebtedness means any Indebtedness for borrowed money (which, for the avoidance of doubt, does not include Purchase Money Indebtedness, and any related Liens thereto) secured by a Lien on any assets of the Issuer or any Restricted Subsidiary ranking pari passu with the Liens securing the Notes Obligations.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Credit Party Obligations means, without duplication, (a) all of the obligations of the Credit Parties to the Lenders (including the Issuing Lender) and the Administrative Agent, whenever arising, under this Credit Agreement, the Notes, or any of the other Credit Documents to which any Credit Party is a party and (b) all liabilities and obligations owing from such Credit Party to any Lender, or any Affiliate of a Lender, arising under Hedging Agreements.

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • DIP Lender means a lender under the DIP Facility.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.