Third Priority Secured Parties definition

Third Priority Secured Parties means, with respect to each Type of Common Collateral, the Third Priority Representative and the holders of the Third Priority Obligations with respect to such Common Collateral.

Third Priority Secured Parties means the holders of the Third Priority Lien Obligations (including the holders of the Third Priority Fixed Rate Notes and the holders of the Third Priority Floating Rate Notes).

Third Priority Secured Parties means (a) the Initial Third-Priority Secured Parties and (b) the Other Third-Priority Secured Parties, including the Third-Priority Representatives.

Examples of Third Priority Secured Parties in a sentence

• This Ordinance shall become effective immediately upon final passage and approval.

• This is a continuing agreement and the First Priority Secured Parties, the Second Priority Secured Parties and the Third Priority Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, any Grantor on the faith hereof.

• With respect to each Type of Common Collateral, the Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, and the Third Priority Representative, on behalf of itself and the other Third Priority Secured Parties, expressly waives all notice of the acceptance of and reliance on this Agreement by the other Secured Parties.

• With respect to each Type of Common Collateral, the First Priority Representative, on behalf of itself and the other First Priority Secured Parties, the Second Priority Representative, on behalf of itself and the other Second Priority Secured Parties, and the Third Priority Representative, on behalf of itself and the other Third Priority Secured Parties, hereby agree that no party shall have any duty to advise any other party of information known to it regarding such condition or any such circumstances.

• Each Third Priority Representative, on behalf of itself and the other Third Priority Secured Parties it represents agrees that except as expressly set forth in this Section none of them shall seek or accept adequate protection without the prior written consent of the Second Priority Representative.

More Definitions of Third Priority Secured Parties

Third Priority Secured Parties has the meaning specified in the Intercreditor Agreement.

Third Priority Secured Parties means (a) the Third Priority Notes Trustee (for its benefit and for the benefit of the holders of the Third Priority Notes) and (b) in the event any obligations in respect of any Additional Third Priority Indebtedness are to be secured by this Agreement, the Additional Third Priority Indebtedness Representative in respect of such Additional Third Priority Indebtedness (for its benefit and for the benefit of the holders of such Additional Third Priority Indebtedness).

Third Priority Secured Parties means, at any time, (a) the Third Priority Creditors, (b) the Third Priority Trustee, (c) the Third Priority Agent, (d) each other Person to whom any of the Third Priority Claims (including indemnification obligations) is owed and (e) the successors and assigns of each of the foregoing.

Third Priority Secured Parties means, with respect to any Type of Common Collateral, the Third Priority Representative and the holders of the Third Priority Obligations with respect to such Common Collateral; provided that, prior to the 21C Term Loan Termination Date, solely for purposes of the MDL Priority Collateral Enforcement Provisions, “Third Priority Secured Parties” shall mean the PIK Toggle Notes Secured Parties.

Third Priority Secured Parties means the Notes Secured Parties.

Third Priority Secured Parties shall have the meaning assigned to such term in the Recitals of this Agreement.

Third Priority Secured Parties means Secured Parties holding Third Priority Secured Obligations.