Specified Permitted Liens definition

Specified Permitted Liens means (a) nonconsensual Liens arising by operation of law (including Permitted Encumbrances, but excluding Permitted Encumbrances securing Indebtedness), (b) Liens permitted by Section 7.2(d), Section 7.2(e), Section 7.2(f), and Section 7.2(g), and (c) without duplication, any Liens securing Permitted Surviving Debt.
Specified Permitted Liens means the Liens permitted under Sections 10.2.2(a) and 10.2.2(r) of the Credit Agreement, provided that such Liens on the Collateral securing the obligations of the Obligors under the Term Loan Documents remain subject to the Intercreditor Agreement.
Specified Permitted Liens means Liens described in clauses (a), (e), (f), (j) and (r) of the definition of Permitted Liens.

Examples of Specified Permitted Liens in a sentence

  • The Indenture Liens are perfected and have priority to all security interests in and liens on the Prepetition Collateral, subordinated only to the Prepetition Liens and the Specified Permitted Liens.

  • The Prepetition Facility Adequate Protection Liens shall be subordinate only to the DIP Liens, the Carve-Out Expenses and the Specified Permitted Liens, but otherwise shall be first, prior, senior, perfected and superior to any other security interest in, lien on, or claim against, any of the DIP Collateral.

  • The DIP Liens shall be subordinate only to the Carve-Out Expenses and the Specified Permitted Liens, and shall otherwise be senior in priority to all other security interests in, liens on, or claims against, any of the DIP Collateral.

  • Developing rural areas is considered a multidimensional process involving local capacity-building, service provision (such as technology transfer, information, training and financial services) among other measures destined to build social and economic capital, and natural resources.

  • The Indenture Adequate Protection Liens shall be subordinate only to the DIP Liens, the Prepetition Facility Adequate Protection Liens, the Prepetition Liens, the Carve-Out Expenses and the Specified Permitted Liens, but otherwise shall be first, prior, senior, perfected and superior to any othersecurity interest in, lien on, or claim against, any of the DIP Collateral.


More Definitions of Specified Permitted Liens

Specified Permitted Liens means Liens permitted pursuant to clauses (w), (x), (y) and (z) of Section 10.01.
Specified Permitted Liens means Liens permitted pursuant to clauses (w), (x), (y) and (z) of Section 10.01. “Start Date” shall have the meaning provided in the definition of Applicable Margin.
Specified Permitted Liens means Liens permitted by clauses (b)(ii), (d), (e), (k) and (o)(i) of Section 6.02.
Specified Permitted Liens means Permitted Liens, other than any Liens described in clause (9), (10) or (11).
Specified Permitted Liens means any Liens permitted under clauses (a), (c), (d), (e), (f), (n), (p), (w) and (y) (in the case of extensions, renewals or refinancings of Indebtedness incurred pursuant to Section 9.01(c) only) of Section 9.02.
Specified Permitted Liens means (i) with respect to Eligible Whole Aircraft Collateral and Eligible Whole Engine Collateral, Permitted Liens described in items (a), (b) or (g) of the definition of “Permitted Liens,” Statutory Liens and Lease Transaction Liens, and (ii) otherwise, Permitted Liens which are non-consensual Permitted Liens, permitted purchase money Liens or the interests of lessors under Capital Leases.
Specified Permitted Liens means, collectively and without duplication, (a) the Liens granted by the Credit Parties pursuant to the Specified Prepetition Indebtedness Documents as in effect on the Closing Date and (b) Liens permitted under Section 6.02(k).