Second Lien Creditor definition

Second Lien Creditor means the Second Lien Trustee, the Collateral Agent, the Second Lien Note Holders, and any other holders of Second Lien Obligations.

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Second Lien Creditor means, individually and collectively, Second Lien Creditor and all other present or future holders of all or part of the Second Lien Indebtedness, and their respective successors and assigns.

Second Lien Creditor means, collectively, 9th LLC and N.D. Gems Inc.

Examples of Second Lien Creditor in a sentence

Purchasing Second Lien Creditors) and if, for any reason, a Hedge Transfer cannot be made in accordance with Clause 8.14 (Hedge Transfer: Purchasing Second Lien Creditors), no Second Lien Creditor Liabilities Transfer may be required to be made.
Each Second Lien Creditor acknowledges and agrees that (a) the grants of Liens pursuant to the First Lien Documents and the Second Lien Documents constitute two separate and distinct grants of Liens and (b) because of their differing rights in the Collateral, the Second Lien Secured Claims are fundamentally different from the First Lien Secured Claims and must be separately classified in any plan of reorganization proposed or adopted in an Insolvency Proceeding.
Prior to the date on which First Lien Agent and the First Lien Lenders shall have received final payment in full in cash of all of the First Lien Obligations and the First Lien Loan Agreements have been terminated, any Collateral in the possession or under the control of Second Lien Agent or the Second Lien Creditor shall be forthwith delivered to First Lien Agent, except as otherwise may be required by applicable law or court order.
In the event Second Lien Agent or any other Second Lien Creditor becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subordinated to the Liens securing First Lien Obligations on the same basis as the other Liens securing the Second Lien Obligations are so subordinated to such First Lien Obligations under this Intercreditor Agreement.
First Lien Creditors will be entitled to manage and supervise their loans and extensions of credit under the Note Documents as First Lien Creditors may, in their sole discretion, deem appropriate, and First Lien Creditors may manage their loans and extensions of credit without regard to any rights or interests that any Second Lien Creditor may have in the Collateral or otherwise except as otherwise expressly set forth in this Agreement.

More Definitions of Second Lien Creditor

Second Lien Creditor means, in relation to a Second Lien Financing, the Second Lien Facility Creditors or the Second Lien Notes Creditors (as applicable).

Second Lien Creditor has the meaning set forth in the Second Lien Intercreditor Agreement.

Second Lien Creditor. “Second Lien Debt Creditor”, “Second Lien Noteholder”, “Second Lien Facility Lender” “Security Grantor”, “Senior Subordinated Arranger”, “Senior Subordinated Creditor”, “Senior Subordinated Debt Creditor”, “Senior Subordinated Noteholder”, “Senior Subordinated Facility Lender”, “Unsecured Convertible Notes Creditor”, “Subordinated Creditor”, “Super Senior Creditor”, “Super Senior Hedge Counterparty”, “Unsecured Arranger”, “Unsecured Creditor”, “Unsecured Lender”, “Unsecured Noteholder” or “Unsecured Notes Trustee” shall be construed to be a reference to it (or them) in its (or their) capacity as such and not in any other capacity;

Second Lien Creditor. Such second lien security interest in favor of Second Lien Creditor is herein called the “Second Lien Security Interest.” This includes other security interests even if junior in right to the security interests granted under this Agreement.

Second Lien Creditor means, collectively, the 2003 Senior Secured Notes Creditor and the 2003 Senior Secured Note Refinancing Creditors.

Second Lien Creditor means Holding Company of the Villages, Inc.

Second Lien Creditor. MASSACHUSETTS DEVELOPMENT FINANCE AGENCY By: ___________________________________ Name: __________________________________ Title: __________________________________