First Lien Debt Claims definition

First Lien Debt Claims means, collectively, the 7.00% Senior Secured Notes Claims, the 9.00% Senior Secured Notes Claims, the Cash Flow Credit Facility Claims, and the First Lien Debt Deficiency Claims.
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First Lien Debt Claims means Claims arising under the Prepetition First Lien Credit Agreement.
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First Lien Debt Claims means, collectively, all (i) the 6.125% First Lien Notes Claims; (ii) the 9.00% First Lien Notes Claims; and (iii) the Prepetition First Lien Term Loan Claims.
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Examples of First Lien Debt Claims in a sentence

  • All Holders of First Lien Debt Claims and Second Lien Debt Claims are urged to consult their own tax advisors concerning any tax consequences applicable under the Plan.

  • In this instance, an Irish Holder of First Lien Debt Claims will have a tax basis in Class A Shares and the New Second Out Term Loan received in satisfaction of its First Lien Debt Claims equal to the fair market value of such interests and rights.

  • The First Lien Debt Claims shall be deemed Allowed on the Effective Date in the aggregate principal amount of $1,404,396,384.46, plus (i) accrued but unpaid interest owed as of the Petition Date and any fees, charges, and other amounts due but unpaid under the First Lien Credit Agreement or any related documents as of the Petition Date, and (ii) any other First Lien Debt Claims accrued under any order of the Bankruptcy Court but unpaid as of the Effective Date.

  • Neither the holders of First Lien Debt Claims nor the First Lien Agent shall be required to file proofs of Claim on account of any First Lien Debt Claim.

  • Unless otherwise indicated, this discussion assumes that all First Lien Debt Claims, Second Lien Debt Claims, Newco Equity, New Second Out Term Loans, Tranche A Warrants and Tranche B Warrants are held as “capital assets” (generally, property held for investment) within the meaning of Section 1221 of the Tax Code and that the various debt and other arrangements to which the Debtors are a party will be respected for U.S. federal income tax purposes in accordance with their respective forms.

  • Holders of First Lien Debt Claims are entitled to vote on the Plan.

  • All holders of First Lien Debt Claims and Second Lien Debt Claims are urged to consult their own tax advisor for the Irish tax consequences applicable under the Plan.

  • The Irish tax consequences of the Plan to an Irish Holder of the First Lien Debt Claims depends, in part, on whether the First Lien Debt Claims constitute a “debt on a security” (“security”) for Irish tax purposes.

  • In addition, Creditors in Classes A-1 (First Lien Debt Claims), A-2 (Second Lien Debt Claims), A-3 (Other Secured Claims), B (Other Priority Claims), C-11 (Intercompany Claims), and C-12 (CalGen Makewhole Claims) are Unimpaired and deemed to accept the Plan and, therefore, are not entitled to vote to accept or reject the Plan.

  • Holders of the First Lien Debt Claims are urged to consult their own tax advisors regarding the appropriate status for Irish tax purposes of the First Lien Debt Claims.


More Definitions of First Lien Debt Claims

First Lien Debt Claims means, collectively, Claims arising under (a) the Specified Swap Agreements and/or (b) the Prepetition Credit Agreement, including, without limitation, the Prepetition Lenders’ Deficiency Claims.
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First Lien Debt Claims means, collectively, the Prepetition Credit Facility Claims, the First
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First Lien Debt Claims means, collectively, the Prepetition Credit Facility Claims, the First
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Related to First Lien Debt Claims

  • First Lien Debt means the Initial First Lien Debt and any Additional First Lien Debt.

  • Priority Lien Debt has the meaning assigned to such term in the Intercreditor Agreement.

  • Second Lien Debt means the Indebtedness and guarantees thereof now or hereafter incurred pursuant to the Second Lien Loan Documents.

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

  • Other First Lien Debt means obligations secured by Other First Liens.

  • First Lien Indebtedness means the Indebtedness under the First Lien Indebtedness Documents.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • First Lien Obligations means, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Other First Lien Obligations.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • First Lien With respect to any second lien Mortgage Loan, the mortgage loan relating to the corresponding Mortgaged Property having a first priority lien.

  • First Lien Notes means the 8.000% first lien secured notes due April 1, 2027, issued by Frontier pursuant to the First Lien Notes Indenture.

  • Priority Lien Obligations means Priority Lien Debt and all other Obligations in respect thereof.

  • First Lien Security Documents means the Security Documents (as defined in the First Lien Credit Agreement) and any other agreement, document or instrument pursuant to which a Lien is granted or purported to be granted securing any First Lien Obligations or under which rights or remedies with respect to such Liens are governed.

  • Other First Lien Obligations means (a) the due and punctual payment by any Pledgor of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such proceeding) on Indebtedness under any Other First Lien Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of such Pledgor to any Secured Party under any Other First Lien Agreement, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such proceeding), (b) the due and punctual performance of all other obligations of such Pledgor under or pursuant to any Other First Lien Agreement and (c) the due and punctual payment and performance of all the obligations of each other Pledgor under or pursuant to any Other First Lien Agreement.

  • Priority Debt means, at any time, without duplication, the sum of (i) Indebtedness or other liabilities or obligations of the Company or any Subsidiaries secured by Liens (other than Liens permitted under clauses (a) through (h) of Section 10.2 and any Equal and Ratable Liens), plus (ii) Indebtedness of Subsidiaries of the Company other than Indebtedness permitted under clauses (a) through (h) of Section 10.1.

  • Second Lien Obligations means the “Obligations” as defined in the Second Lien Credit Agreement.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Junior Lien Debt means Indebtedness incurred by a Covenant Entity that is secured by a Lien that is junior to the Lien on the Collateral securing the Obligations.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • DIP means debtor-in-possession.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.