Second Priority Debt Facilities definition
Second Priority Debt Facilities means the Initial Second Lien Debt Agreement and any Additional Second Priority Debt Facilities.
Examples of Second Priority Debt Facilities in a sentence
The Second Priority Liens will be shared equally and ratably with future lenders under the Additional Second Priority Debt Facilities, if any, as and to the extent provided in the Second Priority Subsidiary Guarantee Agreement, the Second Priority Collateral Documents and the Intercreditor Agreement.