Senior Secured Claims means all Claims, claims against guarantors, liens, rights and interests arising under the Senior Secured Credit Agreement, the Secured Hedge Agreements, ARCO Notes Indenture and Equistar Notes Indenture, including, without limitation, all accrued but unpaid interest thereon and any claims arising under section 507(b) of the Bankruptcy Code.
Senior Secured Claims means any and all Claims of the Senior Secured Lenders against any of the Debtors arising under or relating to the Senior Secured Loan Agreements that the Senior Secured Lenders allege are secured by or encumber assets of the Debtors or any of them, which Claim amount is Allowed in the amount of the lesser of
Senior Secured Claims means, with respect to any Secured Obligation (other than Secured Obligations that constitute Expenses), all other Secured Obligations the payment of which constitute a Prior Ranking Amount, it being understood that Expenses are Senior Secured Claims with respect to all other Secured Obligations and that there are no Prior Ranking Amounts in respect of Expenses.
Examples of Senior Secured Claims in a sentence
Date Executed: Name: Title: Address: E-mail address(es): Aggregate Amounts Beneficially Owned or Managed on Account of: Claims/Existing Interests Amount Transferor Senior Secured Claims $ Subordinated Claims $ Existing Interests in Company Parties 1 Capitalized terms used but not otherwise defined herein shall having the meaning ascribed to such terms in the Agreement.
More Definitions of Senior Secured Claims
Senior Secured Claims means, collectively, the Term Loan Claims and the Senior Secured Notes Claims.
Senior Secured Claims means the Claims of the Senior Secured Lenders.
Senior Secured Claims shall have the meaning set forth in the Plan of Reorganization.
Senior Secured Claims means all Claims held by the Senior Secured Lender arising under the Senior Secured Loan Documents.
Senior Secured Claims means (i) the aggregate principal amount of obligations outstanding under the Senior Secured Credit Agreement, together with accrued interest and any other Claims with respect to the Senior Secured Credit Agreement, and (ii) any Liens securing the foregoing. For the avoidance of doubt, the Senior Secured Claims include the following Claims under the Senior Secured Credit Agreement: (a) the aggregate principal amount of$95,000,000, (b) accrued but unpaid fees and interest as of the date hereof in an amount no less$510,510, and (c) outstanding letters of credit and amounts guaranteed by the Prepetition Secured Lender or an affiliate thereof in an amount equal to $2,991,000.
Senior Secured Claims means Claims arising under the Senior Secured Credit Agreement and any other Claims that, pursuant to the terms of the Senior Secured Credit Agreement, rank pari passu with and are secured equally and ratably with such Claims.
Senior Secured Claims shall include, after giving effect to the roll-up in connection with the DIP Facility, all claims in respect of principal, accrued interest, fees, premiums, expenses, indemnities and other amounts arising under (i) that certain Fourth Amended and Restated Credit Agreement, dated as of December 22, 2023, by and among the Company Parties party thereto, the lenders from time to time party thereto and DBFIB ANI LLC as administrative agent and collateral agent (the “Agent”) (the “Senior Secured Term Loan Facility” and the term loans issued thereunder, the “Senior Secured Term Loans”) and (ii) that certain Senior Secured Convertible Note Purchase and Guarantee Agreement, dated as of July 30, 2021, by and among New Beginnings Acquisition Corp., the Company Parties party thereto and the Agent (the “Senior Secured Convertible Note Purchase Agreement”), in each case, as may be amended, amended and restated, supplemented or modified from time to time.