Second Lien Agents definition

Second Lien Agents means, collectively, the Notes Agent and each Additional Second Lien Agent.
Second Lien Agents means the Second Lien Administrative Agent, the Second Lien Collateral Agent and the Second Lien Syndication Agent, in their capacities as such.
Second Lien Agents means the collateral agent for the Second Lien Lenders under the Second Lien Credit Agreement, and the administrative agent for the Second Lien Lenders under the Second Lien Credit Agreement.”

Examples of Second Lien Agents in a sentence

  • Nothing in this Agreement shall impair, as between the Company and the First Lien Agents and the First Lien Claimholders, or as between the Company and the Second Lien Agents and the Second Lien Claimholders, the obligations of the Company to pay principal, interest, fees and other amounts as provided in the First Lien Loan Documents and the Second Lien Loan Documents, respectively.

  • Befesa is authorised to issue certificates of completion under Basel Convention regulations.

  • The following guidance is part of a suite of documents that should be read and implemented in conjunction with the British Gymnastics Health & Safety Management System & Guidance.

  • Upon the Discharge of First Lien Obligations, the First Lien Collateral Agent shall deliver to the Second Lien Collateral Agent any Shared Collateral and Proceeds of Shared Collateral held by it in the same form as received, with any necessary endorsements to be applied by the Second Lien Agents to the Second Lien Obligations in such order as specified in the Second Lien Loan Documents or as a court of competent jurisdiction may otherwise direct.

  • The Second Lien Agent agrees not to vote for any plan of reorganization that does not provide for the prior payment in full of the First Lien Obligations or otherwise vote its claims or interests in any Insolvency Proceeding (including voting for, or supporting, confirmation of any plans of reorganization) in a manner that would be inconsistent with the Second Lien Agent's covenants and agreements contained herein.

  • From and after the Effective Date, the Second Lien Agents will have no duties or obligations under the Second Lien Loan Documents other than to make Distributions.4.7. Post-Effective Date Officers and Directors of Reorganized Ahern.4.7.1. On the Effective Date, the initial board of directors of Reorganized Ahern shall include the five (5) individuals serving on Debtor’s Board of Directors on the Confirmation Date.

  • The Second Lien Agents, on behalf of themselves and the Second Lien Claimholders, hereby waive any right they may have under applicable law to revoke this Agreement or any of the provisions of this Agreement.

  • The Second Lien Agents, on behalf of themselves and the Second Lien Claimholders, assent to any extension or postponement of the time of payment, subject to Section 5.3(a)(3), of the First Lien Obligations or any part thereof and to any other indulgence with respect thereto, to any substitution, exchange or release of any security which may at any time secure any part of the First Lien Obligations and to the addition or release of any other Person primarily or secondarily liable therefor.

  • It would be improper to disgorge the fees paid by TOUSA, Inc., because the Second Lien Agent's and Lenders' liens are valid as to that entity and it is the only source ofadequate protection payments under the Cash Collateral Order.

  • This Agreement shall be binding upon the First Lien Agents, the First Lien Claimholders, the Second Lien Agents, the Second Lien Claimholders and their respective successors and assigns.


More Definitions of Second Lien Agents

Second Lien Agents means, collectively, the 2025 Notes Collateral Agent (acting on behalf of the 2025 Noteholders and the 2026 Noteholders) and each Additional Second Lien Agent.
Second Lien Agents shall have the meaning assigned to such term in Article VIII.
Second Lien Agents shall have the meaning set forth in the introductory paragraph of this Agreement, and their respective successors and assigns as well as any Person designated as the “Agent” or the “Collateral Agent” under the Second Lien Loan Agreement.
Second Lien Agents has the meaning set forth in the Intercreditor Agreement.
Second Lien Agents has the meaning given to it in the recitals.
Second Lien Agents shall have the meaning set forth in the recitals hereto.

Related to Second Lien Agents

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • 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.

  • Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Collateral Trustee” or similar term under any Term Credit Agreement.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Obligations covered hereby, the Initial Second Priority Representative and (ii) in the case of any other Second Priority Debt Facility, the Second Priority Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • ABL Agent means Bank of America, N.A., in its capacity as administrative agent and collateral agent under the ABL Facility Documentation, or any successor agent or under the ABL Facility Documentation.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

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

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

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

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

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

  • 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.

  • 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.

  • Secured Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents.

  • Second Lien Collateral Agent means the “Collateral Agent” under and as defined in the Second Lien Credit Agreement.

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

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

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