First Lien Debt Facilities definition

First Lien Debt Facilities means the First Lien Credit Agreement and any Additional First Lien Debt Facilities.

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First Lien Debt Facilities means the First Out First Lien Debt Facilities and the Second Out First Lien Debt Facilities.

Examples of First Lien Debt Facilities in a sentence

• If, contemporaneously with the Discharge of First Lien Obligations, the Borrower has Replaced one or more First Lien Debt Facilities with one or more First Lien Substitute Facilities in accordance with Section 7.5 then such Discharge of First Lien Obligations shall automatically be deemed not to have occurred for all purposes of this Agreement.

• The foregoing shall apply, notwithstanding the actual date and time of execution, delivery, recordation, filing or perfection of the loan documents, or the lien or priority of payment thereof, and notwithstanding the fact that the First Out First Lien Debt Facilities or any claim for the First Out First Lien Obligations is subordinated, avoided or disallowed, in whole or in part, under the Bankruptcy Code.