First Lien Debt Documents definition

First Lien Debt Documents means the First Lien Notes, the indentures governing the First Lien Notes, the Credit Agreements, the First Lien/First Lien Intercreditor Agreement, the First Lien Collateral Agreement and the definitive documents governing any Other First Lien Debt.
First Lien Debt Documents means, collectively, all agreements, instruments and other documents evidencing, governing or providing any Lien for the benefit of any First Lien Obligations.

Examples of First Lien Debt Documents in a sentence

  • In addition, subject to certain limitations set forth in the Collateral Documents, all Collateral used, sold, transferred or otherwise disposed of in accordance with the terms of the applicable First Lien Debt Documents, including any waiver or amendment of these documents, will automatically be released from the Lien securing the Notes or the Guarantees of the Notes so that the use, sale, transfer or other disposition may be made free of such Lien.

  • Unless and until the Discharge of First Lien Obligations has occurred, the Designated First Lien Representative and the First Lien Secured Parties shall have the sole and exclusive right, subject to the rights of the Obligors under the First Lien Debt Documents, (a) to adjust settlement for any insurance policy covering the Collateral in the event of any loss thereunder, and (b) to approve any award granted in any condemnation or similar proceeding affecting the Collateral.

  • Subject to the terms of this Agreement, until the Discharge of First Lien Obligations has occurred, the First Lien Representatives and First Lien Collateral Agents shall be entitled to deal with the Pledged Collateral in accordance with the terms of the First Lien Debt Documents as if the Liens of the Second Lien Secured Parties under the Second Lien Security Documents did not exist.

  • For the avoidance of doubt, the sale proceeds withrespect to Northwest do not constitute cash collateral of the First Lien Lenders, and the Debtors have and will continue to apply the proceeds of the PNW Sale in accordance with the First Lien Debt Documents.

  • In connection with any Exercise of Secured Creditor Remedies, as between the First Lien Claimholders and the Second Lien Claimholders, First Lien Agent and First Lien Claimholders may enforce the provisions of the First Lien Debt Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.


More Definitions of First Lien Debt Documents

First Lien Debt Documents means (a) the Credit Agreement Documents and (b) any Additional First-Lien Documents.
First Lien Debt Documents means, with respect to any class of First Lien Obligations, the promissory notes, indentures, credit agreements, loan agreements, security agreements and other operative agreements evidencing or governing such First Lien Obligations, as the same may be amended, supplemented or otherwise modified from time to time.
First Lien Debt Documents means all documents governing any First Lien Debt (including the First Lien Hedging Debt), including the First Lien Debt Security Documents and all other documents executed and delivered in connection therewith, each as in effect on the Effective Date and as the same may be amended, modified and/or supplemented from time to time in accordance with the terms hereof and thereof.
First Lien Debt Documents means, collectively, (i) the Match Loan Documents and (ii) the IAC Loan Documents.
First Lien Debt Documents means the First Lien Loan Agreement, all notes issued thereunder, the First Lien Security Agreements, and all security agreements, guaranties, pledge agreements, mortgages, leasehold mortgages, deeds of trust, leasehold deeds of trust and other agreements, documents and instruments now or at any time hereafter entered into or delivered by the Guarantor or other Person pursuant thereto, or evidencing any replacement, substitution, refunding, renewal or refinancing of or for all or any part of, the First Lien Debt, in each case as the same may be amended, modified, supplemented, extended, renewed or restated and otherwise in effect from time to time.
First Lien Debt Documents means the First Lien Credit Agreement and all other agreements, documents and instruments executed from time to time in connection therewith (including without limitation the guaranties executed by the Guarantors with respect to the First Lien Debt, each First Lien Security Document, and each Interest Rate Agreement, as defined in the First Lien Credit Agreement, to which a First Lien Lender Party is a party), as the same may be amended, restated, supplemented or otherwise modified from time to time as permitted herein.