Second Lien Event of Default definition

Second Lien Event of Default means an Event of Default (as defined in the Second Lien Credit Agreement).

Second Lien Event of Default means any “Event of Default” under the Indenture; provided that to the extent that any cash payment on account of the Second Lien Debt is not permitted to be made hereunder, the Company’s failure to make any such payment in cash shall not result in a default or event of default under the Indenture or any other Second Lien Document.

Second Lien Event of Default means an “Event of Default” as defined in the Second Lien Credit Agreement.

Examples of Second Lien Event of Default in a sentence

• The Second Lien Creditors may take Enforcement Action as described above in relation to a Second Lien Event of Default even if, at the end of any relevant Second Lien Standstill Period or at any later time, a further Second Lien Standstill Period has begun as a result of any other Second Lien Event of Default.

• No Topco Payment Stop Notice may be delivered by the Security Agent in reliance on a Senior Secured Event of Default or a Second Lien Event of Default more than 45 days after the occurrence of the relevant event of default.

• A suitable, long-term and content-wise coded database on multiple countries’ policy outputs has been missing so far.

• As of the date of the making of any Loan or the issuance, increase, renewal or extension of any Letter of Credit, as applicable, no Second Lien Default or Second Lien Event of Default shall exist under Section 9.01 of the Second Lien Credit Agreement, and the making of such Loan or issuance, increase, renewal or extension of such Letter of Credit would not cause a Second Lien Default or Second Lien Event of Default under Section 9.01 of the Second Lien Credit Agreement.

• After the occurrence of a Second Lien Event of Default, each such deposit of Proceeds of Receivables shall be accompanied by a report identifying in reasonable detail the nature and source of the payments included in the deposit.

More Definitions of Second Lien Event of Default

Second Lien Event of Default means, with respect to any Series of Second Lien Obligations, any “Event of Default” under and as defined in the Second Lien Credit Documents relating to such Series; provided that any notice, lapse of time or other condition precedent to the occurrence of such Event of Default in the relevant instrument shall have been satisfied.

Second Lien Event of Default means any “Event of Default” under the Indenture.

Second Lien Event of Default. An “Event of Default” (as defined in the Second Lien Credit Agreement) shall have occurred and be continuing under the Second Lien Credit Agreement; or

Second Lien Event of Default means any Early Termination Event under any Second Lien Commodity Hedge and Power Sale Agreement. “Second Lien Guaranty” means, with respect to any Second Lien Commodity Hedge and Power Sale Agreement, each Commodity Hedge Guaranty. “Second Lien Indemnified Costs” has the meaning specified in Section 7.10(d)(ii). “Second Lien Mortgages” means a collective reference to each mortgage, deed of trust and any other document or instrument under which any Lien on real property owned or leased by the Borrower or any Guarantor is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Liens are governed. “Second Lien Obligations” means with respect to any Second Lien Commodity Hedge and Power Sale Agreement or related Commodity Hedge Guaranty (but without duplication), the Permitted Second Lien Hedge Amount owed to the applicable Second Lien Commodity Hedge Counterparty pursuant thereto. “Second Lien Secured Debt Representative” means each Second Lien Commodity Hedge Counterparty. “Second Lien Secured Parties” means, at any time, the holders of Second Lien Obligations at such time, including, the Second Lien Collateral Agent and the Second Lien Commodity Hedge Counterparties; provided that, in the case of any Second Lien Commodity Hedge Counterparty, such Second Lien Commodity Hedge Counterparty, as applicable, shall have (a) executed and delivered to each of the Collateral Agents an Accession Agreement pursuant to which it has become a party to this Agreement and has agreed to be bound by the obligations of a Second Lien Secured Party under the terms hereof or (b) in the case of any such Second Lien Commodity Hedge Counterparty that is already party to an Accession Agreement with respect to one or more Second Lien Commodity Hedge and Power Sale Agreements, such Second Lien Commodity Hedge Counterparty shall have entered into a supplement to such Accession Agreement in the form of Attachment I thereto to include any additional Second Lien Commodity Hedge and Power Sale Agreement being entered into by such Second Lien Commodity Hedge Counterparty after the date of such Accession Agreement.

Second Lien Event of Default means an “Event of Default” as defined in the Second Lien Indenture, or any Early Termination Event under any Second Lien Secured Hedge Agreement.

Second Lien Event of Default has the meaning specified in Section 8.02(a).

Second Lien Event of Default means an Event of Default as defined in the Second Lien Credit Agreement. “Second Lien Guaranty” shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any further guaranty