First Lien Secured Obligations definition

First Lien Secured Obligations means the “Secured Obligations” as defined in the First Lien Loan Documents or any functionally equivalent term under a Permitted Revolver Refinancing First Lien Credit Agreement that describes obligations thereunder that are secured by a Lien on Collateral that is prior to the Liens on the Collateral securing Notes issued pursuant to this Agreement.
First Lien Secured Obligations as defined in the Intercreditor Agreement.
First Lien Secured Obligations means the “First Lien Secured Obligations” as defined in the Closing Date Intercreditor Agreement.

Examples of First Lien Secured Obligations in a sentence

  • Mr. Hartye reported that the Cottages on Liberty Green included the installation of approximately 123 linear feet of 8” gravity sewer to serve a sever (7) unit residential development.

  • The X10’s n-queens code suffers substantially at the lower numbers of nodes compared to its MPI counter- part; this is likely due to its relatively new work-stealingcomputation time and not the time incurred starting and stopping Hadoop on the nodes involved.

  • Subject to the reservation set forth in Paragraph 18 of this Final Order, the Debtors admit, acknowledge, agree and stipulate as follows (collectively, the "Prepetition Secured Obligations Stipulations"):Stipulations with Respect to the Prepetition First Lien Secured Obligations.

  • Any amounts paid by the Debtors on account of Prepetition First Lien Adequate Protection Obligations may be subject to recharacterization to the extent that the Prepetition First Lien Secured Obligations are determined by a final, non-appealable order of a court of competent jurisdiction to have been undersecured as of the Petition Date as a result of a timely filed Challenge in accordance with Paragraph 18 hereof.

  • There is a roll-up of $67,500,000 of Prepetition First Lien Secured Obligations, as disclosed above and in the Interim DIP Order and DIP Credit Agreement.


More Definitions of First Lien Secured Obligations

First Lien Secured Obligations means the Obligations under (i) the Credit Agreements and (ii) any other Indebtedness secured on a pari passu first lien basis with such Obligations; provided that such Indebtedness is expressly permitted to be so incurred, secured and guaranteed on such basis by the then existing documents governing the First Lien Secured Obligations and the Second Lien Secured Obligations and the holders of such Indebtedness or their Designated Representative shall have become party to the First Lien/Second Lien Intercreditor Agreement.
First Lien Secured Obligations means, at any time, (a) the First Lien Credit Agreement Secured Obligations, (b) all Cash Management Obligations (and guarantees thereof) secured under the First Lien Security Documents securing the First Lien Credit Agreement and (c) the Additional First Lien Secured Obligations; provided that, notwithstanding anything to the contrary in this Agreement, the term “First Lien Secured Obligations” shall exclude any obligation (other than any obligation in respect of any DIP Financing permitted to be incurred under Section 2.07 hereof and to which the Second Lien Secured Parties are required to consent or otherwise do consent) that was not permitted to be incurred and secured by First Liens on the First Lien Collateral, by this Agreement and by each First Lien Loan Document and each Second Lien Debt Document in effect at the time of such incurrence.
First Lien Secured Obligations shall exclude any obligation (other than any obligation in respect of any DIP Financing permitted to be incurred under Section 2.07 hereof and to which the Second Lien Secured Parties are required to consent or otherwise do consent) that was not permitted to be incurred and secured by First Liens on the First Lien Collateral, by this Agreement and by each First Lien Loan Document and each Second Lien Debt Document in effect at the time of such incurrence.
First Lien Secured Obligations means all obligations defined as “Obligations” in the First-Lien Guarantee and Collateral Agreement and the other First-Lien Security Documents.
First Lien Secured Obligations means the “First-Lien Indebtedness”, as such term is defined in the Intercreditor Agreement.
First Lien Secured Obligations shall have the meaning assigned to the termSecured Obligations” in the First Lien Credit Agreement as in effect on July 27, 2012 and thereafter as such meaning may be modified in accordance with the Intercreditor Agreement.