Second Lien Documentation definition

Second Lien Documentation means the Second Lien Notes, the Second Lien Indenture and the Second Lien Notes Security Documents.
Second Lien Documentation means the “Loan Documents”, as such term is defined in the Second Lien Credit Agreement.
Second Lien Documentation. Except as set forth herein, the definitive documentation for the Second Lien Term Loan (the “Second Lien Documentation”) shall be consistent with the First Lien Documentation with changes and modifications that reflect the second lien term loan nature of the Second Lien Term Loan. The Second Lien Documentation will be prepared by counsel to ASOF. Representations and Warranties Substantially the same as those set forth in the First Lien Documentation, with appropriate modifications to reflect the second lien status of the Second Lien Term Loan.

Examples of Second Lien Documentation in a sentence

  • The Second Lien Documentation shall contain provisions protecting the Second Lien Lenders against increased costs or loss of yield resulting from changes in reserve, capital adequacy and other requirements of law and from the imposition of or changes in certain withholding or other taxes.

  • Affirmative Covenants Usual and customary for exit term loan financings of this type for exploration and production companies in the current market (including minimum hedging requirements substantially consistent with those under the First Lien Exit Facility), subject to exclusions, qualifications and limitations for materiality consistent with the Second Lien Documentation Principles, and which shall include a requirement to obtain and maintain ratings in respect of the Second Lien Exit Facility.

  • Representations and Warranties Usual and customary for exit term loan financings of this type for exploration and production companies in the current market, subject to qualifications and limitations for materiality consistent with the Second Lien Documentation Principles.

  • Any Monetary Obligation for which a pay-off letter has been obtained and payment is made at Closing in accordance with such pay-off letter shall be deemed Cured and shall cease to be a Valid Objection.

  • Without limiting the generality of the foregoing, the Borrower will reimburse the Second Lien Lenders and the Second Lien Agent for all their reasonable fees and expenses (including reasonable and documented legal fees and expenses) incurred in connection with the transaction contemplated hereby, each future amendment or waiver of the Second Lien Documentation (whether or not consummated) and the enforcement of the Second Lien Documentation.

  • In the event of any inconsistency between the provisions of the documentation for the First Lien Obligations (the “First Lien Documentation”), the provisions of the documentation for the Second Lien Obligations (the “Second Lien Documentation”) and the Intercreditor Agreement, the provisions of the Intercreditor Agreement shall supercede the provisions of the First Lien Documentation and Second Lien Documentation, as the case may be.

  • Each Loan Document and each item of Acquisition Documentation, the Second Lien Documentation and the Revolving Loan Agreement has been duly executed and delivered on behalf of each Loan Party that is a party thereto.

  • The Administrative Agent shall have received (in a form reasonably satisfactory to the Administrative Agent), true and correct copies, certified as to authenticity by the US Borrower, of (i) the Second Lien Documentation, (ii) the Revolving Loan Agreement, and (iii) the Acquisition Documentation.

  • None The Second Lien Documentation with contain a 20% cushion to the corresponding ratios, thresholds and dollar baskets in the First Lien Documentation for applicable provisions, including representations and warranties, affirmative covenants, negative covenants and events of default.

  • Each Loan Party has the corporate or other applicable legal power and authority, and the legal right, to make, deliver and perform its respective obligations under the Loan Documents, the Acquisition Documentation, the Second Lien Documentation and the Revolving Loan Agreement to which it is a party and, in the case of the US Borrower and the Cayman Borrower, to borrow hereunder.


More Definitions of Second Lien Documentation

Second Lien Documentation the Second Lien Credit Agreement (or any similar agreement evidencing Permitted Second Lien Refinancing Indebtedness) and all security and other collateral or other documents related thereto or entered into in connection therewith.

Related to Second Lien Documentation

  • Second Lien Documents means, collectively, the indenture, credit agreement or other agreement or instrument evidencing or governing or securing each Series of Second Lien Debt and the Second Lien Security Documents.

  • First Lien Documents means the credit, guarantee and security documents governing the First Lien Obligations, including, without limitation, this Indenture and the First Lien Security Documents.

  • Additional First Lien Documents means, with respect to any Series of Additional First Lien Obligations, the notes, credit agreements, indentures, security documents and other operative agreements evidencing or governing such Indebtedness, and each other agreement entered into for the purpose of securing any Series of Additional First Lien Obligations.

  • Priority Lien Documents means the Priority Credit Agreement, the Priority Lien Security Documents, the other “Loan Documents” (as defined in the Priority Credit Agreement) and all other loan documents, notes, guarantees, instruments and agreements governing or evidencing, or executed or delivered in connection with, any Priority Substitute Credit Facility.

  • Junior Lien Documents means, collectively, any indenture, credit agreement or other agreement or instrument pursuant to which Junior Lien Debt is incurred and the documents pursuant to which Junior Lien Obligations are granted.