Second Xxxx Xxxx definition

Second Xxxx Xxxx means a Bond that is not a Broadly Syndicated Obligation or a Broadly Syndicated Second Lien Obligation and (i) that is secured by a pledge of collateral, which security interest is validly perfected and second priority (subject to liens permitted under the related Underlying Instruments that are reasonable for similar Bonds, and liens accorded priority by law in favor of any Governmental Authority) under Applicable Law (other than a Bond that is second priority to a Permitted Working Capital Lien) and (ii) unless otherwise agreed by the Administrative Agent in its reasonable discretion, the value of the collateral securing which (including based on enterprise value) on or about the time of origination or acquisition by the Company equals or exceeds the outstanding principal balance thereof plus the aggregate outstanding balances of all other Loans and Bonds of equal or higher seniority secured by the same collateral, in each case, as determined by the Servicer.
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Second Xxxx Xxxx means any Bond that is valued as a “second xxxx xxxx” on a Loan Party’s Books in accordance with the internal accounting and valuation policies of the Loan Parties in effect as of the Closing Date.
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Examples of Second Xxxx Xxxx in a sentence

  • The Parties further acknowledge that all representations, warranties, covenants, and other agreements made by the Second Lien Committee shall not apply to (or be deemed to be made in relation to) any Claims legally or beneficially owned by any holder of a Second Xxxx Xxxx Claim; provided, however, that all Second Lien Committee Members that are holders of Second Xxxx Xxxx Debt have also signed this Agreement as Consenting Second Lien Creditors.

  • This Agreement shall only become effective and enforceable against the parties hereto on the date that this Agreement shall have been executed by (i) the Caesars Parties; (ii) the Second Lien Committee; and (iii) all Second Lien Committee Members that are holders of Second Xxxx Xxxx Debt (the date upon which this Agreement becomes so effective, the “Agreement Effective Date”).

  • For the avoidance of doubt, the reasonableness of the Second Xxxx Xxxx Fees and Expenses will be as set forth in the Second Lien Indentures.

  • For the avoidance of doubt, upon delivery of this notice to CEC by either the Transferor or the Transferee, CEC shall pay the Retained RSA Forbearance Fee in accordance with the terms of the Restructuring Term Sheet to the Transferor and shall not be required to pay such amounts to the Transferee, notwithstanding the transfer of the Second Xxxx Xxxx Claims to the undersigned Transferee.

  • The RSA Forbearance Fees payable in respect of $[ ] of Second Xxxx Xxxx Claims (such amount, the “Retained RSA Forbearance Fee”) shall be payable by CEC to the Transferor in accordance with the Restructuring Term Sheet, notwithstanding the transfer of such Second Xxxx Xxxx Claims to the undersigned Transferee.

  • To the extent the Transferred Claims are Forbearance Fee Second Xxxx Xxxx Claims, Transferee shall be considered a Forbearance Fee Party for all purposes under the Agreement, unless a Notice of Retention of RSA Forbearance Fee substantially in the form of Exhibit D to the Agreement is delivered to CEC.

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  • If the Approval Order is not entered within 75 days of the Petition Date, nothing in this Interim Order shall affect the rights of the Linn Second Lien Trustee and Prepetition Second Xxxx Xxxx Secured Parties to seek to assert rights as secured creditors in connection with the Prepetition Linn Collateral and Linn Cash Collateral.

  • In connection with the Settlement Agreement, the Linn Second Lien Trustee and the Prepetition Second Xxxx Xxxx Secured Parties shall be deemed to have waived their rights to adequate protection with respect to Prepetition Collateral and Cash Collateral, subject to the reservation of rights set forth below.

Related to Second Xxxx Xxxx

  • Xx. Xxxx xxxxx Xxxxxx Xxxxxx generally accepted accounting principles, as in effect from time to time, consistently applied.

  • Xxxx Xxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxx Xxxx “Renzo Xxx Xxxxx” For BCTF For BCPSEA Appendix 1 PROVINCIAL MATTERS Appendix 1 – Provincial Matters Housekeeping – Form Issues

  • Xxxx XXX Means an individual retirement account as defined in Code Section 408A.

  • XX Xxxxx “Xxx Xxxxxxx”

  • Xxxxx Xxxx has the same meaning as “CAISO Controlled Grid” as defined in the CAISO Tariff.

  • Xxx Xxxxx Per: (signed) “Xxxxxxxxxxx X. Xxxxxxx” Xx. Xxx Xxxxx Xxxxxxxxxxx X. Xxxxxxx Chairman and Chief Executive Officer President and Chief Executive Officer of Vasogen Inc. Xxxxxx and accepted as of the 17th day of August, 2009. SIGNED, SEALED AND DELIVERED ) in the presence of: )

  • Xxxx-Xxxxx-Xxxxxx Act means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • Xxxx Xxxxx means the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, Pub. L. 111-203 (2010).

  • Xxxxxx Xxxx shall have the meaning set forth in Section 2.5 of this Agreement.

  • Xxxxxx Xxx The Federal National Mortgage Association or any successor thereto.

  • Xxx Xxxxxx Xxxxxx Xxxxxxx” ”Xxxxx Xxxxxxx”

  • X.X. Xxxxxx shall have the meaning set forth in the preamble.

  • Xxxx Xxxxxx “Xxx Xxxxx”

  • XXX Xxx means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • Xxxxx XX The segregated pool of assets consisting of all of the REMIC I Regular Interests conveyed in trust to the Trustee, for the benefit of the Holders of the REMIC II Regular Interests and the Holders of the Class R (as holders of the Class R-II Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

  • Xxxxx Xxxxx “Xxx Xxxxxx”

  • Van Xxxxxx Xxxrican Capital Tax Free High Income Fund ("Tax Free High Income Fund") Van Xxxxxx Xxxrican Capital California Insured Tax Free Fund ("California Insured Tax Free Fund") Van Xxxxxx Xxxrican Capital Municipal Income Fund ("Municipal Income Fund") Van Xxxxxx Xxxrican Capital Intermediate Term Municipal Income Fund (Intermediate Term Municipal Income Fund") Van Xxxxxx Xxxrican Capital Florida Insured Tax Free Income Fund ("Florida Insured Tax Free Income Fund") Van Xxxxxx Xxxrican Capital New Jersey Tax Free Income Fund ("New Jersey Tax Free Income Fund") Van Xxxxxx Xxxrican Capital New York Tax Free Income Fund ("New York Tax Free Income Fund") Van Xxxxxx Xxxrican Capital California Tax Free Income Fund ("California Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Michigan Tax Free Income Fund ("Michigan Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Missouri Tax Free Income Fund ("Missouri Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Ohio Tax Free Income Fund ("Ohio Tax Free Income Fund")

  • Xxxxxxx Xxxx Xxxx Xxxxx”

  • Xxxxx Xxxxxx Xxxx Xxxxxx”

  • Xxxxxx Xxxxx Xxxx Xxxxxx”

  • Xxxx Xxxxxxx Xxxxxx Xxxxx” ”Xxxxxx Xxxxxx” ”Xxxxx Xxxxxxxx”

  • Xxx Xxxxxxx “Xxxxx Xxxxxxx” “Xxxxx Xxxxx”

  • Sxxxxxxx-Xxxxx means the Sxxxxxxx-Xxxxx Act of 2002.

  • Xxxxxx Xxxxxx “Xxxxx Xxxxxxxx”

  • Xxxxx Xxxxxxx Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”