First Lien Creditors definition

First Lien Creditors means, at any relevant time, the holders of First-Lien Obligations at such time, including, without limitation, the First-Lien Lenders, the Hedge Banks, the Cash Management Banks, the First-Lien Collateral Agent, the First-Lien Administrative Agent and the other agents and arrangers under the First-Lien Credit Agreement.

First Lien Creditors shall have the meaning assigned to that term in the Intercreditor Agreement.

First Lien Creditors the First Lien Agent, the First Lien Lenders and the other Persons from time to time holding First Lien Obligations.

Examples of First Lien Creditors in a sentence

• Registration rights, if any, to be provided to the Backstop Parties and the Required Consenting First Lien Creditors will be set forth in the Governance Term Sheet.

• The rights, remedies, powers, and privileges of the First Lien Creditors hereunder (hereinafter, the "First Lien Creditors' Rights and Remedies") shall be cumulative and not exclusive of any rights or remedies which it would otherwise have.

• For the avoidance of doubt, the Formula Clause Approach will be utilized only upon the agreement of the Debtors, the Investor Parties, and the Consenting TCEH First Lien Creditors.

• Interest Rate: To be determined, but acceptable to the Company and the Requisite First Lien Creditors.

• No right of the First Lien Creditors to enforce the provisions hereof shall at any time in any way be prejudiced or impaired by any act taken in good faith, or failure to act, which failure to act is in good faith, by the First Lien Creditors [or by any non-compliance by the Borrower] with the terms and provisions and covenants herein.

More Definitions of First Lien Creditors

First Lien Creditors shall have the meaning provided in the recitals of this Agreement.

First Lien Creditors means the lenders, the issuers of letters of credit under the First Lien Documents and any other holders of First Lien Obligations.

First Lien Creditors means the First Lien Agent and the lenders under the First Lien Credit Agreement from time to time;

First Lien Creditors shall have the meaning provided in the recitals to this Agreement.

First Lien Creditors means the holders of First Lien Indebtedness.

First Lien Creditors means the First Lien Representative and the “Lenders” as defined in the First Lien Agreement, or any Persons that are designated under the First Lien Agreement as the “First Lien Creditors” for purposes of the Intercreditor Agreement.

First Lien Creditors means, collectively, the Bank Creditors and the Interest Rate Creditors.