Senior Lien Lenders definition

Senior Lien Lenders has the meaning assigned to that term in the introduction to this Agreement, as well as any Person designated as a “Lender” or “holder” or “investor” (or Person defined by a similar term) under any Senior Lien Credit Agreement.
Senior Lien Lenders means the Revolving Lenders and the Term Lenders.
Senior Lien Lenders means, collectively, The CIT Group/Business Credit, Inc., Citicorp USA, Inc. and each other party which hereafter becomes a lender under the Senior Lien Financing Agreement.

Examples of Senior Lien Lenders in a sentence

  • Pursuant to that certain Senior Lien Credit Agreement dated as of [●], 2016, among Holdings, the Borrower, the Senior Lien Lenders and the Initial Senior Lien Agent (the “Initial Senior Lien Credit Agreement”), the Initial Senior Lien Lenders have agreed to make certain loans to the Borrower.

  • Pursuant to that certain Senior Lien Credit Agreement dated as of the date hereof among Holdings, Mid-Holdings, the Borrower, the Senior Lien Lenders and the Initial Senior Lien Agent (the “Initial Senior Lien Credit Agreement”), the Senior Lien Lenders have agreed to make certain loans to the Borrower.

  • Senior Lien Agent represents and warrants to Junior Lien Agent that it has the requisite power and authority to enter into, execute, deliver, and carry out the terms of this Agreement on behalf of itself and the Senior Lien Lenders.

  • Anything in the Senior Lien Loan Documents to the contrary notwithstanding, Junior Lien Agent shall not amend, restate, waive, supplement, replace, refinance, extend, consolidate, restructure, or otherwise modify the Junior Lien Loan Documents in any manner whatsoever without the prior written consent of the Senior Lien Agent (acting upon the direction of the requisite Senior Lien Lenders).

  • In addition, nothing in this Agreement shall be deemed to affect, prejudice, modify or limit any of your agreements with the Senior Lien Administrative Agent or the Senior Xxxx Lenders, as applicable, under the Financing Agreement or the Intercreditor Agreement as to what rights and remedies you, the Senior Lien Administrative Agent or the Senior Lien Lenders may have, the order in which you or they may elect to exercise them or as to the conditions to their exercise.

  • Moreover, allowing the Senior Lien Lenders access to storage and preservation of collateral at no cost would “result in a windfall benefit to the secured creditor to the detriment of a third party.” In re So Good South Potato Chip Co., 116 B.R. 144, 146 (Bankr.

  • Senior Lien Agent, for and on behalf of itself and the Senior Lien Lenders, and Junior Lien Agent, for and on behalf of itself and the Junior Lien Lenders, have caused this Agreement to be duly executed and delivered as of the date first above written.

  • The Obligors acknowledge that the relationship between and among the Lender, on the one hand, and the Senior Lien Lenders, on the other hand, pursuant to the Intercreditor Agreement shall not be construed as giving rise to or constituting a joint venture, and the Lender and the Obligors agree that the Lender is not a partner or joint venturer with the Obligors or with any entity comprising the Obligors, in any manner whatsoever.

  • The Senior Lien Agent, the Senior Lien Lenders, the Junior Lien Agent and the Junior Lien Lenders acknowledge and agree that this Junior Liens Intercreditor Agreement is subject to the terms and provisions of the Intercreditor Agreement.

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More Definitions of Senior Lien Lenders

Senior Lien Lenders means the Senior Lien Lenders, together with the lenders under any Senior Secured Credit Agreement or Senior Lien Loan Documents.
Senior Lien Lenders means the “Lenders” as defined in the Senior Lien Credit
Senior Lien Lenders shall have the meaning assigned to that term in the recitals hereto.
Senior Lien Lenders means the Persons which are parties from time to time as lenders under the Senior Lien Loan Agreement, and their successors and assigns (including any other lender or group of lenders that at any time succeeds to or refinances, replaces or substitutes for all or any portion of the Senior Lien Debt at any time and from time to time).
Senior Lien Lenders means the “Lenders” as defined in the ABL Revolving Facility.

Related to Senior Lien Lenders

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Senior Lien means the Liens on the Senior Collateral in favor of the Senior Secured Parties under the Senior Collateral Documents.

  • Second Lien Agent means the “Agent” under and as defined in the Second Lien Credit Agreement.

  • ABL Lenders means the “Lenders” under and as defined in the ABL Credit Agreement.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • Junior Lien Debt means Indebtedness incurred by a Covenant Entity that is secured by a Lien that is junior to the Lien on the Collateral securing the Obligations.

  • Junior Lien Indebtedness means any Indebtedness of any Credit Party that is secured by Liens on Collateral that rank junior in priority to the Liens that secure the Obligations.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Senior Lien Obligations means all revenue bonds and other obligations of the RECIPIENT outstanding on the date of execution of this loan agreement (or subsequently issued on a parity therewith, including refunding obligations) or issued after the date of execution of this loan agreement having a claim or lien on the Gross Revenue of the Utility prior and superior to the claim or lien of the loan, subject only to Maintenance and Operation Expense.

  • Senior Lender means each holder of a Senior Note.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Junior Lien Intercreditor Agreement means the Junior Lien Intercreditor Agreement substantially in the form of Exhibit H or such other form as reasonably agreed between the Borrower and the Administrative Agent.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • Priority Lien Debt means Indebtedness of the Company and the Subsidiary Guarantors under the Priority Lien Credit Agreement (including reimbursement obligations with respect to letters of credit).

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • ABL Agent means Bank of America, N.A., in its capacity as administrative agent and collateral agent under the ABL Facility Documentation, or any successor agent or under the ABL Facility Documentation.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Senior Agent has the meaning specified therefor in the Recitals hereto.