First Lien Guaranty definition

First Lien Guaranty has the meaning assigned to that term in the Recitals to this Agreement.

First Lien Guaranty means the Guaranty dated as of July 17, 2006, by certain Subsidiaries of the Company in favor of and for the benefit of BONY, as First Lien Collateral Agent. After any refinancing, extension or replacement of any Indebtedness under the First Lien Notes pursuant to the terms of the Intercreditor Agreement, the term “First Lien Guaranty” shall mean any replacement guaranty agreement entered into by such Subsidiaries of the Company in connection with such refinancing, extension or replacement.

First Lien Guaranty shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any further guaranty made by any Guarantor guaranteeing the payment and performance of the First Lien Obligations.

Examples of First Lien Guaranty in a sentence

• Pre-Petition First Lien Loan Agreement, and M&G Polymers, as guarantor, pursuant to the Pre-Petition First Lien Guaranty.

• Each of the remaining Debtors guaranteed the obligations of the Debtor FULLBEAUTY Brands Holdings4 This amount includes approximately $16.6 million in undrawn letter of credit obligations under the ABL Facility.Corp., as borrower, under the First Lien Credit Agreement pursuant to that certain First Lien Guaranty, dated as of October 14, 2015 (the “ First Lien Guaranty Agreement”).

• Each of the remaining Debtors guaranteed the obligations of the Debtor FULLBEAUTY Brands Holdings Corp., as borrower, under the First Lien Credit Agreement pursuant to that certain First Lien Guaranty, dated as of October 14, 2015 (the “ First Lien Guaranty Agreement”).

• Each of the Pre-Petition Debt Obligors (other than the Borrower) is: (a) a guarantor of the Borrower’s obligations under the First Lien Loan Agreement pursuant to the terms of that certain First Lien Guaranty, dated as of June 12, 2007 (the “First Lien Guaranty”);and (b) a guarantor of the Borrower’s obligations under the Second Lien Loan Agreement pursuant to the terms of that certain Second Lien Guaranty, dated as of June 12, 2007 (the “Second Lien Guaranty”).

• Pursuant to that certain First Lien Guaranty, dated as of October 3, 2014 (the “ First Lien Guarantee Agreement”), each of the Debtors guaranteed the obligations of the Borrower pursuant to the Prepetition First Lien Credit Agreement and the other Prepetition First Lien Loan Documents (as defined below).

More Definitions of First Lien Guaranty

First Lien Guaranty means any replacement guaranty agreement entered into by such Subsidiaries of the Company in connection with such refinancing, extension or replacement.

First Lien Guaranty means any guaranty pursuant to the applicable First Lien Documents by a Subsidiary of the Borrower that is a Credit Party of the First Lien Obligations under any First Lien Debt Facility.

First Lien Guaranty shall have the meaning assigned to such term in the preliminary statement of this Agreement.

First Lien Guaranty. “thereunder,” “thereof” or words of like import referring to this First Lien Guaranty, shall mean and be a reference to this First Lien Guaranty as supplemented by such Guaranty Supplement.

First Lien Guaranty means the guaranty of the Guarantors set forth in Article VIII, together with each other guaranty or guaranty supplement delivered pursuant to Section 5.01(q), in each case, as amended.

First Lien Guaranty means any guaranty of any First Lien Guarantor pursuant to which such First Lien Guarantor shall guarantee the First Lien Obligations of the First Lien Debtor.

First Lien Guaranty means the guaranty made substantially in the form of Exhibit F.