Third Lien Claimholder definition

Third Lien Claimholder means, collectively, the Third Lien DFH Claimholder and the Third Lxxx XXX Claimholder.
Sample 1

Examples of Third Lien Claimholder in a sentence

  • The Designated Senior Collateral Agent is hereby authorized to make any such endorsements as agent for the Third Lien Collateral Agent or any other Third Lien Claimholder, as applicable.

  • This is a continuing agreement of lien subordination and the Senior Claimholders may continue, at any time and without notice to the Third Lien Representative or any other Third Lien Claimholder subject to the Third Lien Loan Documents, to extend credit and other financial accommodations and lend monies to or for the benefit of the Company or any Grantor constituting Senior Obligations in reliance hereon.

  • The Company and the other Grantors each acknowledges and agrees that the value of any payments or distributions in cash, property or other assets received by the Third Lien Representative, the Third Lien Collateral Agent or other Third Lien Claimholder that are paid over to any Senior Representative, Senior Collateral Agent or other Senior Claimholder pursuant to this Agreement shall not reduce any of the Third Lien Obligations.

  • The Senior Collateral Agent acting pursuant to this Section 6.5 shall not have by reason of the Senior Collateral Documents, the Third Lien Collateral Documents, this Agreement or any other document or theory, a fiduciary relationship in respect of any Senior Collateral Agent, any Senior Claimholder, the Third Lien Collateral Agent or any Third Lien Claimholder.

  • Each of the Third Lien Representative and the Third Lien Collateral Agent, for itself and on behalf of each other Third Lien Claimholder represented by it, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by any Senior Representative, any Senior Collateral Agent, or any other Senior Claimholder.

  • Plaintiffs Lucas T., Ximena T., Jose T.C. and Valentina T.C. have suffered emotional harm as a result of spending the past ten months in ACS custody without a permanent family.

  • The Designated Senior Collateral Agent is hereby authorized to make any such endorsements as agent for the Third Lien Representative, the Third Lien Collateral Agent or any such other Third Lien Claimholder.

  • This is a continuing agreement of lien subordination and the Senior Lien Claimholders may continue, at any time and without notice to Third Lien Agent or any other Third Lien Claimholder, to extend credit and other financial accommodations to or for the benefit of any Grantor constituting Senior Lien Obligations in reliance hereof.

  • Nothing in this Agreement shall impair, as between the Grantors and the First Lien Collateral Agent and the First Lien Claimholders, the Second Lien Collateral Agent and the Second Lien Claimholders or the Third Lien Claimholder, the obligations of the Grantors to pay principal, interest, fees and other amounts as provided in the First Lien Credit Documents, the Second Lien Credit Documents and the Third Lien Credit Documents, respectively.

  • Third Lien Agent and each Third Lien Claimholder agrees that it will consent to,and will not object or oppose a motion (including any sale or bid procedures motion) to Dispose of any Collateral free and clear of the Liens of Third Lien Agent under section 363 or section 1129 of the Bankruptcy Code if the Senior Lien Agent (or, in the case of ABL Priority Collateral, the Revolving Agent) has consented to such motion and the Disposition of Collateral free and clear of the Liens of the Senior Lien Agent.

Related to Third Lien Claimholder

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Claimholders means the First Lien Claimholders and/or the Second Lien Claimholders, as the context may require.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

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

  • 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.

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

  • 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.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Senior Lender means each holder of a Senior Note.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this 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);

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

  • Priority Lien Cap means $1,950.0 million.

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

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

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

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

  • Senior Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • ABL Lender means any lender or holder or agent or arranger of Indebtedness under the ABL Credit Agreement.

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