First Lien Creditors definition

First Lien Creditors means, at any relevant time, the holders of First-Lien Obligations at such time, including, without limitation, the First-Lien Lenders, the Hedging Creditors, the First-Lien Collateral Agent, the First-Lien Administrative Agent and the other agents and arrangers under the First-Lien Credit Agreement.
First Lien Creditors shall have the meaning provided in the recitals of this Agreement.

Examples of First Lien Creditors in a sentence

  • The New Organizational Documents for Reorganized TCEH or any of its subsidiaries shall be consistent with the Tax Matters Agreement and in form and substance reasonably acceptable to TCEH and the TCEH Supporting First Lien Creditors.

  • Therefore, the TCEH Supporting First Lien Creditors are entitled to vote to accept or reject the Plan on behalf of TCEH.

  • Except to the extent that the TCEH Supporting First Lien Creditors, with the consent of the Plan Sponsor (such consent not to be unreasonably withheld), agree to a less favorable treatment of the TCEH Settlement Claim, in full and final satisfaction, settlement, release, and discharge of and in exchange for the TCEH Settlement Claim, TCEH or Reorganized TCEH, as applicable, shall receive, up to the Allowed amount of its Claim, its Pro Rata share (calculated based on the aggregate amount of EFH Corp.

  • Unless otherwise separately agreed by the Debtors, with the consent of the Plan Sponsor, and the TCEH Supporting First Lien Creditors, the TCEH Settlement Claim is Allowed in the amount of $700 million.

  • The Original First Lien Agent represents and warrants to each other Agent that it has the requisite power and authority under the Original First Lien Facility Documents to enter into, execute, deliver, and carry out the terms of this Agreement on behalf of itself and the Original First Lien Creditors.


More Definitions of First Lien Creditors

First Lien Creditors shall have the meaning assigned to that term in the Intercreditor Agreement.
First Lien Creditors means the holders of First Lien Indebtedness.
First Lien Creditors means the lenders, the issuers of letters of credit under the First Lien Documents and any other holders of First Lien Obligations.
First Lien Creditors means, at any relevant time, the holders of First-Lien Obligations at such time, including, without limitation, the First-Lien Lenders, the Hedge Banks, the Cash Management Banks, the First-Lien Collateral Agent, the First-Lien Administrative Agent and the other agents and arrangers under the First-Lien Credit Agreement.
First Lien Creditors means the First Lien Representative and the “Lenders” as defined in the First Lien Agreement, or any Persons that are designated under the First Lien Agreement as the “First Lien Creditors” for purposes of the Intercreditor Agreement.
First Lien Creditors means, collectively, the Bank Creditors and the Interest Rate Creditors.
First Lien Creditors means the “Secured Creditors” (as defined in the Credit Agreement) and any other Persons holding Lender Claims, including the First Lien Collateral Agent.