Examples of Second Lien Secured Parties in a sentence
The Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition Second Lien Secured Parties shall be senior to any Prepetition Second Liens and shall be junior and subordinated to the Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition First Lien Secured Parties, the Prepetition First Liens, the DIP Liens and any Senior Third Party Liens.
For all purposes throughout these Cases, the Second Lien Secured Parties shall be deemed to have requested relief from the automatic stay and adequate protection as of the Petition Date.
The Prepetition First Lien Agent and the other Prepetition First Lien Secured Parties, as well as the Prepetition Second Lien Agent and the other Prepetition Second Lien Secured Parties, are entitled to the adequate protection as and to the extent set forth herein pursuant to Sections 361, 362 and 363 of the Bankruptcy Code.
Neither the First Lien Agent nor any of the other First Lien Secured Parties nor the Second Lien Agent or any of the other Second Lien Secured Parties will be required to file proofs of claim in any of these Cases or successor cases, and the Debtors’ stipulations in paragraphs D, E, F and G herein shall be deemed to constitute a timely filed proof of claim against the applicable Debtors.
Pursuant to the Intercreditor Agreement, the Second Lien Agent, on behalf of itself and other Second Lien Secured Parties, agreed that it will raise no objection to, will not contest, or is deemed to have consented to the Debtors’ use of Cash Collateral.