Common use of Subordination of Junior Financing; First Lien Obligations Clause in Contracts

Subordination of Junior Financing; First Lien Obligations. The Obligations are “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing Documentation.

Appears in 32 contracts

Samples: Credit Agreement (Hilton Worldwide Holdings Inc.), Credit Agreement (Gates Industrial Corp PLC), Credit Agreement (Hilton Grand Vacations Inc.)

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Subordination of Junior Financing; First Lien Obligations. The Loan Obligations are (a) “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing DocumentationDocumentation for any Subordinated Indebtedness and (b) “First Lien Obligations” (or any comparable term) under, and as defined in, the Junior Lien Intercreditor Agreement.

Appears in 3 contracts

Samples: Credit Agreement (American Renal Associates Holdings, Inc.), Credit Agreement (American Renal Associates Holdings, Inc.), Junior Lien Intercreditor Agreement (American Renal Associates Holdings, Inc.)

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Subordination of Junior Financing; First Lien Obligations. The Obligations are “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or (x) “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing DocumentationDocumentation and (y) “First Lien Obligations” (or any comparable term) under, and as defined in, the First Lien/Second Lien Intercreditor Agreement.

Appears in 1 contract

Samples: Intercreditor Agreement (TransFirst Inc.)

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