Examples of Existing Second Lien Indenture in a sentence
Subject to the terms of the Existing Second Lien Indenture, the Second Lien Agent shall have no obligation to perform or exercise any discretionary act.
The parties hereto agree that it is their intention that the First Lien Collateral and the Second Lien Collateral be identical, except that the First Lien Collateral will include the assets described in items (4) and (6) of the definition of “Excluded Collateral” set forth in the Existing Second Lien Indenture, and the Second Lien Collateral may not include such assets (the “Excluded Assets”).
In performing under this Agreement, the Second Lien Agent shall have all rights, protections, immunities and indemnities granted it under the Existing Second Lien Indenture.
The Second Lien Agent has executed this Agreement as directed under and in accordance with the Existing Second Lien Indenture and will perform this Agreement solely in its capacity as Second Lien Agent and not individually.
Any repurchase of First Lien Notes pursuant to the provisos in the previous sentence must occur within 120 calendar days of the end of the applicable semi-annual interest period under the Existing Second Lien Indenture.