First Lien Credit Facility definition

First Lien Credit Facility means the First Lien Credit Agreement, dated as of July 1, 2015, among Prime Security Services Holdings, LLC, New Parent, the lenders party thereto in their capacities as lenders thereunder and the First Lien Collateral Agent, as amended or restated on the Acquisition Closing Date, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof.

First Lien Credit Facility means the first lien reserve based revolving credit facility established pursuant to the First Lien Credit Agreement or any first lien reserve based credit facility established pursuant to a Permitted Revolver Refinancing First Lien Credit Agreement.

First Lien Credit Facility means the credit facility under the First Lien Credit Agreement.

Examples of First Lien Credit Facility in a sentence

• The LINN First Lien Credit Facility bears interest at a floating rate, subject to a borrowing base utilization grid, and matures in April 2019, subject to a springing maturity.

• For the avoidance of doubt, the Distribution Record Date shall not apply to publicly held securities, including without limitation the Tuesday Morning Corporation Interests, or the Existing First Lien Credit Facility Claims.

• Unless otherwise specifically provided for in the Plan or the Confirmation Order and excluding the Existing First Lien Credit Facility Claims, or as otherwise required by applicable bankruptcy and non-bankruptcy law, postpetition interest shall not accrue or be paid on any prepetition Claims against the Debtors, and no holder of a prepetition Claim against the Debtors shall be entitled to interest accruing on or after the Petition Date on any such prepetition Claim.

• Notwithstanding anything contained herein, the foregoing discharge and release shall not effect a discharge or release with respect to the Debtors’ obligation to pay interest payments on the Existing First Lien Credit Facility Claims or the treatment of Claims and Interests pursuant to and consistent with the terms of the Plan.

• All liens and security interests granted to secure such Allowed Existing First Lien Credit Facility Claims shall be retained until such payments shall have been made.

More Definitions of First Lien Credit Facility

First Lien Credit Facility means the senior secured first-priority credit facility provided pursuant to the First Lien Credit Agreement.

First Lien Credit Facility means the term loan facility provided for under the First Lien Credit Agreement.

First Lien Credit Facility means the credit facility that provides for the First Lien Loans and is memorialized by the First Lien Credit Agreement.

First Lien Credit Facility means any of the senior secured first lien credit facilities under the Syndicated Facility Agreement (First Lien), including any related notes, collateral documents, letters of credit and guarantees, instruments and agreements executed in connection therewith, and any appendices, exhibits or schedules to any of the foregoing (as the same may be in effect from time to time), and any amendments, supplements, restatements, amendment and restatements, modifications or Refinancings thereof (whether with the original agents and lenders or other agents or lenders or otherwise, and whether provided under the Syndicated Facility Agreement (First Lien) or other credit agreements or otherwise) and any indenture, guarantees, credit facilities or commercial paper facilities with banks or other institutional lenders or investors that Refinance any part of the loans, notes, guarantees, other credit facilities or commitments thereunder, including any such Refinancing facility or indenture that increases the amount borrowable or issued thereunder or alters the maturity thereof (provided that such increase in borrowings or amount issued is permitted by Section 7.03).

First Lien Credit Facility means the revolving credit, swingline, letter of credit and term loan facilities provided for by the First Lien Credit Agreement.

First Lien Credit Facility means the Credit Agreement dated as of October [ ], 2016 among the Company, the lenders party thereto and Royal Bank of Canada, as Administrative Agent and L/C Issuer, as amended, restated, modified, renewed, refunded, restructured, supplemented, replaced or refinanced from time to time in whole or in part from time to time.

First Lien Credit Facility means the credit facility under the Credit Agreement dated as of June 14, 2011, as amended, restated, supplemented or otherwise modified from time to time, among Arch Coal Inc., Wilmington Trust, N.A., as successor administrative agent, the lenders, and the other agents and parties thereto. Such Credit Agreement shall be referred to as the “First Lien Credit Agreement.”