Claimholders definition

Claimholders means the First Lien Claimholders and/or the Second Lien Claimholders, as the context may require.

Claimholders means, collectively, the Revolving Credit Claimholders and the Fixed Asset Claimholders.

Claimholders means the ABL Claimholders and the Term Loan Claimholders, or any one of them.

Examples of Claimholders in a sentence

• The First Lien Collateral Agent is hereby authorized to make any such endorsements as agent for the Second Lien Collateral Agent or any such Second Lien Claimholders.

• This Agreement and the rights and benefits hereof shall inure to the benefit of each of the parties hereto and its respective successors and assigns and shall inure to the benefit of each of the First Lien Claimholders and the Second Lien Claimholders.

• The ABL Agent hereby represents that it is authorized to, and by its signature hereon does, bind the other ABL Claimholders to the terms of this Agreement.

• The relative rights of Claimholders in or to any distributions from or in respect of any Collateral or proceeds of Collateral, shall continue after the commencement of any Insolvency Proceeding.

• Without limiting the generality of the foregoing or of the other provisions of this Agreement, in seeking specific performance in any Insolvency or Liquidation Proceeding, an Agent may seek such relief as if it were the “holder” of the claims of the other Agent’s Claimholders under Section 1126(a) of the Bankruptcy Code or otherwise had been granted an irrevocable power of attorney by the other Agent’s Claimholders.

More Definitions of Claimholders

Claimholders means each of the ABL Claimholders, the First Lien Claimholders and the Second Lien Claimholders.

Claimholders means the Revolving Credit Claimholders, the Term Priority Lien Claimholders and the Subordinated Lien Claimholders.

Claimholders means, with respect to the Revolving Obligations, all Revolving Claimholders and with respect to the Notes Obligations, all Notes Claimholders.

Claimholders means the ABL Claimholders and/or the Fixed Asset Claimholders, as the context may require.

Claimholders means any one or more of the Senior Lien Claimholders and the Junior Lien Claimholders, as the context may require.

Claimholders means, collectively, the ABL Claimholders and the Fixed Asset Claimholders.

Claimholders means the Revolving Claimholders and the Term Claimholders, or any of them, as the context may require. Any references herein to “related” Claimholders of any Collateral Agent shall mean, with respect to the Revolving Collateral Agent, the Revolving Claimholders and, with respect to the Term Collateral Agent, the Term Claimholders.