Second Lien Creditors definition

Second Lien Creditors means, at any relevant time, the holders of Second-Lien Obligations at such time, including without limitation the Second-Lien Lenders, the Second-Lien Collateral Agent, the Second-Lien Administrative Agent and any other agents and arrangers under the Second-Lien Credit Agreement.
Second Lien Creditors as defined in the recitals hereto.

Examples of Second Lien Creditors in a sentence

  • The Required Second Lien Creditors and their counsel shall use commercially reasonable efforts to consult and, if applicable and reasonably practicable, obtain a vote from, all Consenting Second Lien Creditors on any matters requiring input or a vote from holders of Second Lien Note Claims, provided, however, that nothing herein shall be deemed to require the waiver of legal privilege by holders of Second Lien Note Claims represented as an ad hoc group by counsel.

  • Upon formation, and at the time of the Legacy Asset Transfer, LegacyCo shall be treated as a disregarded entity for U.S. federal income tax purposes, such that BBEP will still be regarded prior to the LegacyCo Distribution and Transfer as owning the LegacyCo Contributed Assets, unless the Requisite Consenting Second Lien Creditors effect the Corporation Election.

  • Any modification to the Plan shall be in accordance with the Plan Support Agreement and in form and substance reasonably acceptable to the Plan Sponsors, the TCEH Supporting First Lien Creditors, the DIP Agents (and solely with respect to the repayment of the DIP Facilities, acceptable to the DIP Agents), and, subject to and through the Plan Support Termination Date, the TCEH Supporting Second Lien Creditors and the TCEH Committee.

  • Amendments and waivers: Second Lien Finance Documents The Second Lien Creditors and the Debtors may amend or waive the terms of the Second Lien Finance Documents in accordance with their terms (and subject to any consent required under them) at any time.

  • The Second Lien Creditors may take Enforcement Action as described above in relation to a Second Lien Event of Default even if, at the end of any relevant Second Lien Standstill Period or at any later time, a further Second Lien Standstill Period has begun as a result of any other Second Lien Event of Default.


More Definitions of Second Lien Creditors

Second Lien Creditors shall have the meaning assigned to that term in the Intercreditor Agreement.
Second Lien Creditors means, collectively, the Notes Secured Parties and the Pari Passu Indebtedness Secured Parties.
Second Lien Creditors means the Second Lien Agent and the holders and/or lenders from time to time of (or in respect of) the Second Lien Notes.
Second Lien Creditors shall have the meaning provided in the recitals to this Agreement.
Second Lien Creditors means the Second Lien Lenders and the Second Lien Noteholders.
Second Lien Creditors means, collectively, the lenders (including holders of any bonds, debentures, notes or other evidence of indebtedness under any Second Lien Financing Agreement), and any administrative or collateral agents or trustees from time to time under any Second Lien Financing Agreement, and includes any replacements thereof in connection with secured Junior Refinancing Debt.
Second Lien Creditors means, collectively, the Second Lien Lenders and Second Lien Agent.