Term Loan Lien definition

Term Loan Lien means any Lien created by the Term Loan Security Documents.
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Term Loan Lien means a Lien granted by a Term Loan Document to the Collateral Trustee, at any time, upon any Term Loan Collateral by any Grantor to secure the Term Loan Obligations (including Liens on such Term Loan Collateral under the security documents associated with any Term Loan Substitute Credit Facility).
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Term Loan Lien and "Chase Document" shall not include the Mortgage or the Assignment of Leases and Rents, and the Agent shall have no obligation to execute or deliver an Assignment of Mortgage to XXXXXXX as provided in Section 1(a) of this Agreement.
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Examples of Term Loan Lien in a sentence

  • The Authority hereby consents to the (a) Term Loan Lien to be on a parity with the Bond Pledged Revenues Lien and (b) Line Lien to be on a parity with the Bond Pledged Revenues Lien (the “ Lien Approval”), provided that the amount of the Line does not exceed $5,500,000.

  • We have been further advised that the University has requested that the Authority consent to the (a) Term Loan Lien to be on a parity with the Bond Pledged Revenues Lien and (b) the Line Lien to be on a parity with the Bond Pledged Revenues Lien (the “Lien Approval”).

  • During operation of the Project, periodic maintenance dredging will be required to maintain depth in the turning basin.

  • The Company shall not, and shall not permit any of its Restricted Subsidiaries to, create, incur, assume or otherwise cause or suffer to exist or become effective any Term Loan Lien (other than Term Loan Permitted Liens) upon any of its property or assets, now owned or hereafter acquired.

  • The Intercreditor Agreement, among other things, provides that the liens and security interests of the Second Lien Agent and Second Term Loan Lien Lenders are subordinate to the liens and security interests of the First Lien Agent and First Lien Term Loan Lenders with respect to shared collateral.


More Definitions of Term Loan Lien

Term Loan Lien means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction).
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Term Loan Lien means any First Lien Term Loan Lien and any Second Lien Term Loan Lien.
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Term Loan Lien has the meaning specified therefor in the Intercreditor Agreement.
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Term Loan Lien means any Lien created by the U.S. Guaranty and Security Agreement (as in effect on the date hereof or otherwise amended solely in accordance with this Agreement) granted or purported to be granted in favor of the Term Collateral Agent for the benefit of the Term Loan Secured Parties.
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Related to Term Loan Lien

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

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

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property. Fitch: Fitch, Inc., or its successor in interest.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.