Claimholders definition

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

Claimholders means, collectively, the Revolving Credit Claimholders and the Fixed Asset Claimholders.

Claimholders means the ABL Claimholders and/or the Fixed Asset Claimholders, as the context may require.

Examples of Claimholders in a sentence

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

• The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the First Lien Collateral Agent and the other First Lien Claimholders on the one hand and the Second Lien Collateral Agents and the other Second Lien Claimholders on the other hand.

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

• The Second Lien Collateral Agents, each on behalf of itself and each other applicable Second Lien Claimholder, agrees that it will not seek consultation rights in connection with, and it will not object to or oppose, a motion to sell, liquidate or otherwise dispose of Collateral under Section 363 of the Bankruptcy Code if the requisite First Lien Claimholders have consented to such sale, liquidation or other disposition.

• The First Lien Collateral Agent and the other First Lien Claimholders shall have no duty to advise the Second Lien Collateral Agents or any other Second Lien Claimholder of information known to it or them regarding such condition or any such circumstances or otherwise.

More Definitions of Claimholders

Claimholders means the ABL Claimholders and the Term Loan Claimholders, or any one of them.

Claimholders means each of the ABL Claimholders, the First Lien Claimholders and the Second Lien Claimholders.

Claimholders means any one or more of the Senior Lien Claimholders and the Junior Lien Claimholders, as the context may require.

Claimholders means, with respect to the Revolving Obligations, all Revolving Claimholders and with respect to the Notes Obligations, all Notes Claimholders.

Claimholders means, collectively, the ABL Claimholders and the Fixed Asset Claimholders.

Claimholders means the ABL Claimholders and/or the Term Loan Claimholders, as the context may require.

Claimholders means the ABL Claimholders and the Term Claimholders, or any of them, as the context may require. Any references herein to “related” Claimholders of any Collateral Agent shall mean, with respect to the ABL Collateral Agent, the ABL Claimholders and, with respect to the Term Collateral Agent, the Term Claimholders.