Second Lien Liabilities definition

Second Lien Liabilities means the Second Lien Notes Liabilities and the Second Lien Loan Liabilities.
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Second Lien Liabilities means the Second Lien Lender Liabilities and the Second Lien Notes Liabilities.
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Second Lien Liabilities means any Permitted Second Lien Financing Liabilities.
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Examples of Second Lien Liabilities in a sentence

  • No Debtor shall enter into any Second Lien Finance Documents or incur any Second Lien Liabilities unless such Second Lien Finance Documents (and the incurrence of any financial indebtedness thereunder) are permitted by this Agreement, the Senior Facilities Agreement, any Senior Secured Notes Finance Documents, any Pari Passu Debt Documents and any other Second Lien Finance Documents then outstanding.

  • Any reference to Topco Notes (whether denominated in EUR or USD equivalent) may be replaced in full by the Company’s sole discretion by an equivalent Second Lien Facility instead which shall constitute Second Lien Liabilities under the Precedent Intercreditor Agreement.

  • Second Lien Liabilities) to 5.4 (Effect of Second Lien Payment Stop Notice or Senior Payment Default) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

  • A reference in this Clause 5.2 to a Payment shall be construed to include any other direct or indirect step, matter, action or dealing in relation to any Second Lien Liabilities which are otherwise prohibited under Clause 5.1 (Restriction on Payment: Second Lien Liabilities).

  • Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities) and Clause 5 (Second Lien Secured Creditors and Second Lien Liabilities), the Parent and the Debtors may make Payments of the Super Senior Liabilities and the Senior Liabilities at any time.

  • Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities) and Clause 5 (Second Lien Secured Creditors and Second Lien Liabilities), the Parent and the Debtors may make Payments of the Senior Liabilities at any time.

  • The PRC Company is principally engaged in integrated marketing, public relations and branding promotion activities in shopping malls in the PRC.

  • Second Lien Secured Creditors and Second Lien Liabilities ...........................................................

  • Second Lien Creditors‌ Subject to Clause 7.11 (Permitted Enforcement: Second Lien Creditors), until the Senior Secured Liabilities Discharge Date has occurred no Second Lien Creditor shall be entitled to take any Enforcement Action in respect of any of the Second Lien Liabilities.

  • The Borrower may pay, and the Second Lien Creditors may receive and retain, in each case, payments in respect of any Second Lien Liabilities that is a Permitted Second Lien Payment made in accordance with the original form of the Second Lien Finance Documents (subject to any amendments permitted by this Agreement).


More Definitions of Second Lien Liabilities

Second Lien Liabilities means, in respect of a Second Lien Financing, the Liabilities owed by any Debtors to the relevant Second Lien Creditors under or in connection with the Second Lien Finance Documents in respect of such Second Lien Financing.
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Second Lien Liabilities has the meaning given to that term in the Intercreditor Agreement.
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Second Lien Liabilities has the meaning given to that term in the Intercreditor Agreement. "Second Lien Notes" means the notes issued under the Second Lien Notes Indenture.
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Related to Second Lien Liabilities

  • Subordinated Liabilities means liabilities subordinated to the Borrower’s obligations to the Bank in a manner acceptable to the Bank in its sole discretion.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • Contingent Liabilities means, respectively, each obligation and liability of the Credit Parties and all such obligations and liabilities of the Credit Parties incurred pursuant to any agreement, undertaking or arrangement by which any Credit Party either: (i) guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, dividend, obligation or other liability of any other Person in any manner (other than by endorsement of instruments in the course of collection), including without limitation, any indebtedness, dividend or other obligation which may be issued or incurred at some future time; (ii) guarantees the payment of dividends or other distributions upon the shares or ownership interest of any other Person; (iii) undertakes or agrees (whether contingently or otherwise): (A) to purchase, repurchase, or otherwise acquire any indebtedness, obligation or liability of any other Person or any property or assets constituting security therefor; (B) to advance or provide funds for the payment or discharge of any indebtedness, obligation or liability of any other Person (whether in the form of loans, advances, stock purchases, capital contributions or otherwise), or to maintain solvency, assets, level of income, working capital or other financial condition of any other Person; or (C) to make payment to any other Person other than for value received; (iv) agrees to lease property or to purchase securities, property or services from such other Person with the purpose or intent of assuring the owner of such indebtedness or obligation of the ability of such other Person to make payment of the indebtedness or obligation; (v) to induce the issuance of, or in connection with the issuance of, any letter of credit for the benefit of such other Person; or (vi) undertakes or agrees otherwise to assure or insure a creditor against loss. The amount of any Contingent Liability shall (subject to any limitation set forth herein) be deemed to be the outstanding principal amount (or maximum permitted principal amount, if larger) of the indebtedness, obligation or other liability guaranteed or supported thereby.

  • Senior Liabilities means all present and future moneys, debts and liabilities due, owing or incurred by the Obligors to any Finance Party under or in connection with any Finance Document (in each case, whether alone or jointly, or jointly and severally, with any other person, whether actually or contingently and whether as principal, surety or otherwise).

  • Excluded Liabilities has the meaning set forth in Section 2.4.