Second Lien Secured Parties definition

Second Lien Secured Parties means, at any time, (a) the Second Lien Lenders, (b) the Second Lien Administrative Agent, (c) the Second Lien Collateral Agent, (d) each other person to whom any of the Second Lien Obligations (including indemnification obligations) is owed and (e) the successors and assigns of each of the foregoing.

Examples of Second Lien Secured Parties in a sentence

  • The Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition Second Lien Secured Parties shall be senior to any Prepetition Second Liens and shall be junior and subordinated to the Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition First Lien Secured Parties, the Prepetition First Liens, the DIP Liens and any Senior Third Party Liens.

  • Pursuant to the Intercreditor Agreement, the Second Lien Agent, on behalf of itself and other Second Lien Secured Parties, agreed that it will raise no objection to, will not contest, or is deemed to have consented to the Debtors’ use of Cash Collateral.

  • Notwithstanding the foregoing, no more than $50,000 of the Prepetition Collateral, Collateral, Cash Collateral, or the Carve Out, in the aggregate, may be used by the Committee to investigate, prior to the Challenge Deadline, the claims and liens of the First Lien Secured Parties and the Second Lien Secured Parties on the Prepetition Collateral.

  • To the extent the Plan is not confirmed, the Debtors, the First Lien Secured Parties, and the Second Lien Secured Parties reserve all rights with respect to the Plan and the treatment, classification, distributions, releases, and other benefits provided thereunder.

  • For all purposes throughout these Cases, the Second Lien Secured Parties shall be deemed to have requested relief from the automatic stay and adequate protection as of the Petition Date.


More Definitions of Second Lien Secured Parties

Second Lien Secured Parties has the meaning given to the termSecured Parties” in the Second Lien Credit Agreement.
Second Lien Secured Parties has the meaning specified in the Intercreditor Agreement.
Second Lien Secured Parties means the persons holding any Second Lien Obligations, including the Second Lien Agent and the “Secured Parties” (as such term is defined in the Second Lien Collateral Agreement).
Second Lien Secured Parties means, at any relevant time, the Secured Parties (as defined in the Second-Lien Credit Agreement).
Second Lien Secured Parties means the holders of Second Lien Obligations and any Second Lien Debt Representatives.
Second Lien Secured Parties shall have the meaning assigned to that term in the introduction to this Agreement.
Second Lien Secured Parties means (a) with respect to this Indenture, collectively, the Trustee, the Second Lien Collateral Agent and the holders of the Notes from time to time and (b) with respect to any other Second Lien Obligation, all lenders, holders or agents thereunder to which Second Lien Obligations are owing.