Third Lien Claimholders definition

Third Lien Claimholders means the “Third Lien Secured Parties” as defined in the Third Lien Loan Documents.

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Third Lien Claimholders means, as of any date of determination, the holders of Extended Prepetition Debt in their capacity as such and the Third Lien Agent.

Third Lien Claimholders means, at any relevant time, the holders of Third Lien Obligations at that time, including the Third Lien Holders, the Third Lien Trustee and the other agents under the Third Lien Notes Documents.

Examples of Third Lien Claimholders in a sentence

• The Third Lien Representative and the Third Lien Collateral Agent, for itself or on behalf of any Third Lien Claimholders represented by it, promptly shall execute and deliver to the Senior Representatives, the Senior Collateral Agents or such Guarantor Subsidiary such termination statements, releases and other documents as the any Senior Representative, any Senior Collateral Agent or such Grantor may request to effectively confirm the foregoing releases.

• Except for the arrangements contemplated by Section 6.5, none of the Senior Representatives, the Senior Collateral Agents or the Senior Claimholders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Third Lien Representative, the Third Lien Collateral Agent or the Third Lien Claimholders.

• All notices to the Third Lien Claimholders and the Senior Claimholders permitted or required under this Agreement shall be sent to the Third Lien Representative and the applicable Senior Representative, respectively.

• This Agreement shall be binding upon the Senior Representatives, the Senior Collateral Agents, the other Senior Claimholders, the Third Lien Representative, the Third Lien Collateral Agent, the other Third Lien Claimholders, the Company and the other Grantors, and their respective successors and assigns from time to time.

• The Third Lien Representative and the Third Lien Collateral Agent, on behalf of itself and the Third Lien Claimholders, and the Third Lien Claimholders, hereby waives any right it may have under applicable law to revoke this Agreement or any of the provisions of this Agreement.

• There are no promises, undertakings, representations or warranties by the Senior Claimholders or the Third Lien Claimholders relative to the subject matter hereof and thereof not expressly set forth or referred to herein or therein.

• This Agreement and the rights and benefits hereof shall inure to the benefit of each of the Senior Claimholders and the Third Lien Claimholders and their respective successors and assigns from time to time.

• Except as otherwise provided herein, the Third Lien Claimholders will be entitled to manage and supervise their respective loans and extensions of credit under the Third Lien Loan Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate.

• Except as otherwise provided herein, the Third Lien Claimholders will be entitled to manage and supervise their respective extensions of credit under the Third Lien Loan Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate.

• In any Insolvency or Liquidation Proceeding, the Third Lien Claimholders will not make any assertion to the contrary or object to the assertion that the claims and interests of the Senior Claimholders under the Senior Loan Documents are substantially different from the claims of the Third Lien Claimholders under the Third Lien Loan Documents.

More Definitions of Third Lien Claimholders

Third Lien Claimholders means, at any relevant time, the holders of the Third Lien Obligations at that time, including the Third Lien Lenders and the agents under the Secured Note Facility Documents, provided that, with respect to any vote, consent or other action by the Third Lien Claimholders, “Third Lien Claimholders” shall mean the Third Lien Claimholders acting with such percentage vote as may be required by the Secured Note Facility Documents.