Equal Priority Obligations means, collectively, (a) the Senior Credit Facilities Obligations, (b) the Indenture Obligations and (c) each Series of Additional Equal Priority Obligations.
Equal Priority Obligations means, collectively, (a) the Senior Secured Credit Facilities Obligations, (b) the Secured Notes Obligations and (c) each Series of Additional Equal Priority Obligations.
Equal Priority Obligations means any Obligations with respect to any Indebtedness permitted to be incurred under this Indenture that are (and are permitted by this Indenture to be) secured by a Lien that is equal in priority (including any Superpriority Obligations permitted to be incurred by this Indenture) to the Liens securing the Secured Notes Obligations and is subject to a customary market form (as reasonably determined by the Notes Collateral Agent and the Issuer as set forth in an Officer’s Certificate delivered to the Trustee and the Notes Collateral Agent) equal priority intercreditor agreement (which may include any Superpriority Obligations permitted to be incurred by this Indenture) among the Trustee, the Notes Collateral Agent and the authorized agents of any holders of Equal Priority Obligations (such intercreditor agreement, as the same may be amended, restated, renewed, replaced or otherwise modified from time to time, an “Equal Priority Intercreditor Agreement”).
Examples of Equal Priority Obligations in a sentence
Nothing in this Agreement is intended to or shall impair the obligations of any Grantor, which are absolute and unconditional, to pay the Equal Priority Obligations as and when the same shall become due and payable in accordance with their terms.
Like many other char- ter collections, the CDLM is comprised mostly of land exchange private charters.
Additionally, in the event the Equal Priority Obligations of any Series are modified pursuant to applicable law (including pursuant to Section 1129 of the Bankruptcy Code), any reference to such Equal Priority Obligations or the Secured Credit Documents governing such Equal Priority Obligations shall refer to such obligations or such documents as so modified.
The Asset Sale Offer or Advance Offer, as the case may be, shall be made to all Holders and, if required or not prohibited by the terms of any other Equal Priority Obligations and/or, to the extent that the assets and property disposed of in the Asset Sale were not Collateral, any other Pari Passu Indebtedness, to the holders of such Equal Priority Obligations and/or Pari Passu Indebtedness, as applicable.
The Junior Priority Intercreditor Agreement may be entered into and amended from time to time thereafter without the consent of the Holders to add other parties holding Equal Priority Obligations and/or Junior Priority Obligations permitted to be incurred and secured under this Indenture and the relevant agreements, or their respective representatives.
More Definitions of Equal Priority Obligations
Equal Priority Obligations means any obligations in respect of Indebtedness secured by Liens on Collateral which rank equal in priority to the Liens on Collateral securing Obligations.
Equal Priority Obligations collectively, (1) the Obligations, (2) the 2025 Secured Notes Obligations (3) the 2026 Secured Notes Obligations and (4) each Series of Additional Equal Priority Obligations.
Equal Priority Obligations means, collectively, (1) the Secured Notes Obligations, (2) the Existing Notes Secured Obligations, (3) upon the effectiveness of the Revolving Credit Facility, the Revolving Credit Secured Obligations and (4) each Series of Additional Equal Priority Obligations.
Equal Priority Obligations means any Obligations in respect of Equal Priority Indebtedness.
Equal Priority Obligations collectively, (1) the obligations incurred pursuant to the Credit Agreement, (2) the 2025 Secured Notes Obligations (3) the 2026 Secured Notes Obligations and (4) each Series of Additional Equal Priority Obligations (including the Obligations). “Equal Priority Representative”: any “Authorized Representative” as defined in the Equal Priority Intercreditor Agreement. “Equal Priority Secured Parties”: collectively, (1) the 2025 Secured Notes Secured Parties, (2) the 2026 Secured Notes Secured Parties, (3) the secured parties under the Credit Agreement and (4) any Additional Equal Priority Secured Parties (including the ULCA Collateral Agent). “Equity Interests”: Capital Stock and all warrants, options or other rights to acquire Capital Stock, but excluding any debt security that is convertible into, or exchangeable for, Capital Stock. “ERISA”: the Employee Retirement Income Security Act of 1974. “Erroneous Payment”: as defined in Section 8.14(a). “Erroneous Payment Subrogation Rights”: as defined in Section 8.14(a). “EU Bail-In Legislation Schedule”: the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time. “Event of Default”: any of the events or conditions specified in Section 7.1(a); provided that any requirement for the giving of notice, the lapse of time, or both, has been satisfied. “Exchange Act”: the Securities Exchange Act of 1934, and the rules and regulations of the SEC promulgated thereunder. “Excluded Assets”: the following: (a) any asset the grant of a security interest in which would (i) be prohibited by any enforceable anti-assignment provision set forth in any contract relating to such asset that is permitted or otherwise not prohibited by the terms of this Agreement, (ii) violate the terms of any contract relating to such asset that is permitted or otherwise not prohibited by the terms of this Agreement (in the case of clause (i) above, this clause (ii) and clause (iii) below, after giving effect to any applicable anti-assignment provision of the UCC or other applicable Requirements of Law) or (iii) trigger termination of, or a right of termination or any other modification of any rights under, any contract relating to such asset that is permitted or otherwise not prohibited by the terms of this Agreement pursuant to any “change of control” or similar provision; it being understood that (A) the term “Excluded Asset” shall not include proceeds or receivables arising...
Equal Priority Obligations means, collectively, (1) the Secured Notes Obligations, (2) the Existing Notes Secured Obligations, (3) the Revolving Credit Secured Obligations, (4) the Letter of Credit Secured Obligations, (5) the Term Loan B Secured Obligations, (6) upon effectiveness of the Term Loan A Facility, the Term Loan A Secured Obligations, and (7) each Series of Additional Equal Priority Obligations. “Equal Priority Representative” means any duly authorized representative of any holders of Equal Priority Obligations, which representative is named as such in the Equal Priority Intercreditor Agreement or any joinder thereto.
Equal Priority Obligations means, collectively, (1) the Senior Credit Facilities Obligations, (2) the Existing Secured Notes Obligations, (3) the Secured Notes Obligations and (4) each Series of Additional Equal Priority Obligations. “Equal Priority Obligations Documents” means the credit, guarantee and security documents governing the Equal Priority Obligations, including the Security Documents. “Equal Priority Secured Parties” means collectively, (1) the Senior Credit Facilities Secured Parties, (2) the Existing Secured Notes Secured Parties, (3) the Secured Notes Secured Parties and (4) any Additional Equal Priority Secured Parties. “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock, but excluding any debt security that is convertible into, or exchangeable for, Capital Stock. “Equity Offering” means any public or private sale of common stock or Preferred Stock of Holdings or any of its direct or indirect parent companies (excluding Disqualified Stock), other than: (1) public offerings with respect to Holdings’ or any direct or indirect parent company’s common stock registered under the Securities Act on Form S-4 or Form S-8; (2) issuances to any Subsidiary of Holdings; and (3) any such public or private sale to the extent any proceeds thereof constitute an Excluded Contribution. “Euros” means the lawful currency of the Participating Member States introduced in accordance with the EMU Legislation. “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC promulgated thereunder. “Excluded Assets” means the following: (1) any fee-owned real property that is not a Material Real Property and all leasehold (including ground lease) interests in real property (including requirements to deliver landlord lien waivers, estoppels and collateral access letters); (2) motor vehicles and other assets subject to certificates of title; (3) letter-of-credit rights; (4) commercial tort claims with a value of less than $10,000,000 (as determined by Holdings in good faith) (except, in the case of clauses (2) through (4), to the extent a security