Series of Second Lien Debt definition

Series of Second Lien Debt means, severally, the Second Lien Indenture Notes and each other issue or series of Second Lien Debt (including any Additional Second Lien Debt Facility) for which a single transfer register is maintained.
Series of Second Lien Debt means, severally, each issue or series of Second Lien Debt.
Series of Second Lien Debt means severally, (i) each issue or series of Second Lien Debt for which a single transfer register is maintained and (ii) the Obligations under each other Commodity Hedging Agreement constituting Second Lien Obligations; provided, that Obligations accrued under transactions governed by one Master Agreement or other similar agreement shall be deemed to constitute one Series of Second Lien Debt, regardless of the number of confirmations issued thereunder.

Examples of Series of Second Lien Debt in a sentence

  • In the event that the Company determines that it would like one or more Series of Second Lien Debt to be entitled to the benefits of this Agreement, it shall give reasonable advance notification thereof to the Collateral Trustee.

  • The Secured Representative of each future Series of Second Lien Debt will, to the extent provided in this Agreement, be required to deliver a Lien Sharing and Priority Confirmation to the Collateral Agent at the time of incurrence of such Series of Second Lien Debt.

  • The parties to this Agreement agree that, except as expressly set forth in Section 3.9, the payment and satisfaction of all of the Secured Obligations of each Series of Second Lien Debt shall be secured Equally and Ratably by the Liens established in favor of the Collateral Agent for the benefit of the Secured Parties belonging to all Series of Second Lien Debt.

  • Promptly following the Discharge of Second Lien Notes Obligations and/or the date on which any other Secured Obligations of any Series of Second Lien Debt have been repaid indefeasibly in full in cash in immediately available funds, each Secured Representative with respect to each applicable Series of Second Lien Debt that is so discharged or repaid will provide written notice of such discharge to the Collateral Agent.

  • In the event of any Impairment with respect to any Series of Debt, the results of such Impairment shall be borne solely by the holders of such Series of Second Lien Debt, and the rights of the holders of such Series of Second Lien Debt set forth herein shall be modified to the extent necessary so that the effects of such Impairment are borne solely by the holders of the Series of such Secured Obligations subject to such Impairment.


More Definitions of Series of Second Lien Debt

Series of Second Lien Debt means, severally, Funded Debt under the Second Lien Credit Agreement and each other issue or series of Second Lien Debt for which a single transfer register is maintained. For the avoidance of doubt, all reimbursement obligations in respect of letters of credit issued pursuant to a Second Lien Document shall be part of the same Series of Second Lien Debt as all other Second Lien Debt Incurred pursuant to such Second Lien Document.
Series of Second Lien Debt means the Second Lien Debt under the 2019 Second Lien Indenture and the Second Lien Debt under the 2020 Second Lien Indenture.
Series of Second Lien Debt means, severally, the Second Lien Notes and any additional notes, any other Credit Facilities (other than the First Lien Credit Facility) and other Indebtedness or Hedging Obligations that constitutes Second Lien Debt.
Series of Second Lien Debt means, severally, the Indebtedness outstanding under the Existing Second Lien Credit Agreement, the New Second Lien Notes and any other Credit Facility that constitutes Second Lien Debt.
Series of Second Lien Debt has the meaning assigned to that term in the Intercreditor Agreement.
Series of Second Lien Debt means severally, (i) each issue or series of Second Lien Debt for which a single transfer register is maintained and
Series of Second Lien Debt means, severally, the Existing Second Lien Notes and each other issue or series of Second Lien Debt for which a single transfer register is maintained.