Examples of First Lien Documents in a sentence
There shall have been delivered to the Administrative Agent (i) an executed copy of each of the First Lien Documents and (ii) an executed copy of the Intercreditor Agreement, in each case to be entered into on the Closing Date.
The Initial Borrower shall have received, or substantially simultaneously with the initial Borrowing under the Loan Documents shall receive, the net proceeds of the initial Borrowing under the First Lien Documents.
To the extent, but only to the extent, permitted by the provisions of the Credit Agreement and the Additional First Lien Documents then in effect, the Borrower may incur additional indebtedness after the date hereof that is permitted by the Credit Agreement and the Additional First Lien Documents to be incurred and secured on an equal and ratable basis by the Liens securing the First Lien Obligations (such indebtedness referred to as “Additional Senior Class Debt”).