First Lien Credit Agreement Claim definition

First Lien Credit Agreement Claim means any Claim against a Debtor arising under, derived from, secured by, based on, or related to the First Lien Credit Agreement or any other agreement, instrument or document executed at any time in connection therewith including the First Lien Credit Agreement Ancillary Documents and all Obligations (each as defined in the First Lien Credit Agreement) and any guaranty thereof; provided, that, to the extent that Holders of First Lien Credit Agreement Claims are Consenting First Lien Credit Agreement Lenders, such Holders’ First Lien Credit Agreement Claims shall include the Forbearance Fee Deferred Portion in accordance with, and subject to, the terms of the Restructuring Support Agreement.
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First Lien Credit Agreement Claim means any Claim arising under the First Lien Credit Agreement, including any: (i) First Lien Revolving Facility Claim; and(ii) First Lien Term Loan Claim.
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First Lien Credit Agreement Claim means any Claim on account of the Obligations under the First Lien Credit Agreement, including but not limited to any fees provided thereunder.
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Examples of First Lien Credit Agreement Claim in a sentence

  • The First Lien Credit Agreement Secured Claims shall be Allowed in the aggregate principal amount outstanding under the First Lien Credit Agreement, plus interest (including default interest), fees, costs, charges, and other obligations thereunder (including call premium amounts and the exit fee due upon repayment of the First Lien Credit Agreement Claim), which such Allowed amount shall not be less than $114,000,000.

  • The following discussion assumes that each U.S. Holder of an Allowed Prepetition First Lien Credit Agreement Claim holds such Claim as a “capital asset” within the meaning of Section 1221 of the IRC.

  • Pursuant to the Plan, each U.S. Holder of such Allowed Prepetition First Lien Credit Agreement Claim shall receive its Pro Rata share of the New First Lien Term Loan A-2 Tranche and the New Equity, as further described above.

  • Except as otherwise provided in this Plan, on the Effective Date, in consideration for the distributions to be made on the Effective Date pursuant to this Plan, all Liens, charges, and encumbrances related to any Claim or Interest, other than any Lien securing an Other Secured Claim or a First Lien Credit Agreement Claim that is, in each case, Reinstated pursuant to this Plan, shall be terminated, null and void and of no effect.

  • Each U.S. Holder of an Allowed Prepetition First Lien Credit Agreement Claim should consult with its own tax advisor to determine whether or not the debt underlying its Allowed Prepetition First Lien Credit Agreement Claim is a “security” for U.S. federal income tax purposes.

  • All determinations with respect to employment agreements, compensation plans, and indemnification provisions, including with respect to assumption or rejection of such contracts and agreements, shall be acceptable to the AB Parties, in consultation with Riverstone (in the event that Riverstone’s First Lien Credit Agreement Claim is not paid in full by the proceeds of the Exit Facility).

  • On the Effective Date, each holder of an Allowed First Lien Credit Agreement Claim shall receive, in full and final satisfaction of its Allowed First Lien Credit Agreement Claim, New Interests equal to its Pro Rata New Interest Allocation, subject to potential dilution by the Management Incentive Plan.

  • If (and to the extent) a U.S. Holder’s First Lien Credit Agreement Claim (in whole or in part) does not constitute a “security” of UTEX Industries for U.S. federal income tax purposes, or the Exit Term Loan Second Out Loan received does not constitute a “security” of UTEX Industries for U.S. federal income tax purposes, the receipt of the New Equity Interests and the Exit Term Loan Second Out Loans will be a taxable transaction.

  • If (and to the extent) a U.S. Holder’s First Lien Credit Agreement Claim (in whole or in part) constitutes a “security” of UTEX Industries for U.S. federal income tax purposes and the Exit Term Loan Second Out Loans received also constitutes a “security” of UTEX Industries for U.S. federal income tax purposes, such holder’s exchange should qualify for “recapitalization” treatment.

  • All decisions regarding employment agreements, compensation plans, and indemnification provisions shall be acceptable to the AB Parties, who shall consult with Riverstone in the event that Riverstone’s First Lien Credit Agreement Claim is not paid in full by the proceeds of the Exit Facility.


More Definitions of First Lien Credit Agreement Claim

First Lien Credit Agreement Claim means claims under the First Lien Credit Agreement, including Secured Hedging Obligations (as defined therein), if any.
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Related to First Lien Credit Agreement Claim

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • ABL Credit Agreement as defined in the recitals hereto.

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

  • Pre-Petition Credit Agreement has the meaning assigned to such term in the Recitals.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

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

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

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

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • DIP means debtor-in-possession.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.