Existing First Lien Lenders definition

Existing First Lien Lenders means the lenders party to the Existing First Lien Credit Facility.
Existing First Lien Lenders means the lenders from time to time holding Existing First Lien Indebtedness.
Existing First Lien Lenders shall have the meaning assigned to such term in the definition of Existing First Lien Credit Agreement.

Examples of Existing First Lien Lenders in a sentence

  • But there is incremental benefit, because while the direct claims inure to the benefit of only the Existing First Lien Lenders, recovery on estate causes of action would be for the benefit of all creditors.

  • In addition, the Existing First Lien Lenders were bullied and coerced into consenting to the April 2018 Transaction by the Company and Silver Point.

  • While most of the claims the Agent intends to assert are direct claims belonging to the Agent and the Existing First Lien Lenders on whose behalf the Agent acts, there is at least one estate cause of action that the Agent intends to assert against Silver Point.

  • Rather, it results directly from an eleventh-hour transaction devised by the Debtors and Silver Point to subordinate the Existing First Lien Lenders and otherwise limit their rights and remedies (the “ April 2018Transaction”).

  • This remarkable shortfall resultedfrom several fundamental flaws in the budget that the Company presented to the Existing First Lien Lenders.


More Definitions of Existing First Lien Lenders

Existing First Lien Lenders means each financial institution that is a “Lender” as defined in the Existing First Lien Credit Agreement.
Existing First Lien Lenders means the lenders under the Existing First Lien Credit Agreement.
Existing First Lien Lenders means the Holders of Existing First Lien Claims.
Existing First Lien Lenders means the lenders party to the Senior Credit Facility.
Existing First Lien Lenders means the lenders party to the Existing First Lien CreditAgreement.
Existing First Lien Lenders means the lenders party to the Existing First Lien Credit Facility. “Existing Second Lien Collateral Agent” means GLAS Americas LLC.
Existing First Lien Lenders shall have the meaning given to such term in the Introductory Statement hereof.