First Lien Claims definition

First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

First Lien Claims means all Claims against the Debtors arising under the First Lien Loan Documents.

First Lien Claims means any Claim derived from, based upon, or arising under the First Lien Term Loan Facility.

Examples of First Lien Claims in a sentence

• General Unsecured Claims: All claims (other than Administrative Claims, Priority Tax Claims, First Lien Claims, Unsecured Notes Claims, Other Secured Claims, and Other Priority Claims) against the Debtors that are non-priority and unsecured (the “General Unsecured Claims”), including (for the avoidance of doubt) all Landlord Claims.

• In full and final satisfaction, settlement, release, and discharge of each Allowed First Lien Claims, except to the extent that a holder of an Allowed First Lien Claim agrees to a less favorable treatment of such claim, each holder of such Allowed First Lien Claims shall receive its pro rata share of the loans issued under the Amended and Restated Credit Agreement (the “A&R CA Loans”); 4.

• In this regard, it is understood and agreed that any Consenting Creditor may acquire First Lien Claims, Unsecured Notes Claims, or other debt or equity securities of the Debtors without the consent of the Debtors or any other Consenting Creditor, subject to applicable securities laws and the terms of this Agreement; provided that no Consenting Creditor will have any responsibility for any such acquisition to any other entity by virtue of this Agreement.

• The Debtors will, at least one day prior to the Petition Date, commence Solicitation of the Plan from the holders of First Lien Claims and Unsecured Notes Claims.

• The vote of the holders of First Lien Claims shall be deemed to be a direction to the First Lien Agent to effectuate the Restructuring.

More Definitions of First Lien Claims

First Lien Claims means the Claims, inclusive of principal, fees and interest accrued through the Effective Date, of the First Lien Lenders arising under the First Lien Facility.

First Lien Claims means all First Lien Revolver Claims and First Lien Term Loan Claims.

First Lien Claims means all claims derived from or based upon the Credit Agreement and First Lien Notes Indenture, including, for the avoidance of doubt, any Prepetition Credit Facility Secured Party’s Prepetition

First Lien Claims means the aggregate principal amount of obligations outstanding under the First Lien Credit Agreement, together with accrued interest and any other Claims with respect to the First Lien Credit Agreement by such holders, and any Liens securing the foregoing.

First Lien Claims means all claims derived from or based upon the Credit Agreement and First Lien Notes Indenture.

First Lien Claims means all Claims arising under the First Lien Term Loan Credit Agreement, the Claire’s 2019 1L Notes Indenture, the Claire’s 2020 1L Notes Indenture, and the term loans and notes issued pursuant to the foregoing instruments.

First Lien Claims means all Claims arising under or in connection with the Prepetition First Lien Credit Agreement.