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 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.

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First Lien Creditors the First Lien Agent, the First Lien Lenders and the other Persons from time to time holding First Lien Obligations.

First Lien Creditors shall have the meaning assigned to that term in the Intercreditor Agreement.

Examples of First Lien Creditors in a sentence

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.
Pursuant to the Original First Lien Credit Agreement, the Original First Lien Creditors made certain loans and other financial accommodations to or for the benefit of the Original First Lien Borrower.
The Second Lien Creditors shall not seek in any Insolvency Proceeding to be treated as part of the same class of creditors as the First Lien Creditors and shall not oppose any pleading or motion by the First Lien Creditors for the First Lien Creditors and the Second Lien Creditors to be treated as separate classes of creditors.
The Second Lien Creditors hereby acknowledge and agree to turn over to the First Lien Creditors amounts otherwise received or receivable by them to the extent necessary to effectuate the intent of the preceding sentence, even if such turnover has the effect of reducing the claim or recovery of the Second Lien Creditors.
First Lien Creditors will be entitled to manage and supervise their loans and extensions of credit under the Note Documents as First Lien Creditors may, in their sole discretion, deem appropriate, and First Lien Creditors may manage their loans and extensions of credit without regard to any rights or interests that any Second Lien Creditor may have in the Collateral or otherwise except as otherwise expressly set forth in this Agreement.

More Definitions of First Lien Creditors

First Lien Creditors shall have the meaning provided in the recitals to this Agreement.

First Lien Creditors means the holders of First Lien Indebtedness.

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 shall have the meaning provided in the recitals of this Agreement.

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, 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.