First Lien Facility Obligations definition

First Lien Facility Obligations means the Obligations of the Company and other obligors outstanding under, and all other obligations in respect of, Secured Cash Management Agreements, Secured Hedge Agreements or the First Lien Credit Agreement, to pay principal, premium (if any), interest, fees, expenses (including interest, fees, and expenses accruing after the commencement of any insolvency or liquidation proceeding, regardless of whether or not allowed or allowable in such proceeding), penalties, indemnifications, reimbursements (including reimbursement obligations with respect to any letters of credit and bankers’ acceptance), damages and other liabilities payable under or in connection with any Secured Cash Management Agreements, Secured Hedge Agreements or the First Lien Credit Agreement.

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First Lien Facility Obligations means all “Secured Obligations” (as such term is defined in the First Lien Facility Collateral Agreement) of the Company and other obligors outstanding under, and all other obligations in respect of, any First Lien Facility Documents, to pay principal, premium (if any), interest, fees, expenses (including interest, fees, and expenses accruing after the commencement of any Insolvency or Liquidation Proceeding, regardless of whether or not allowed or allowable in such proceeding), penalties, indemnifications, reimbursements (including reimbursement obligations with respect to any letters of credit and bankers’ acceptance), damages and other liabilities payable under or in connection with the First Lien Facility Documents.

First Lien Facility Obligations means all “Secured Obligations” (as such term is defined in the First Lien Facility Collateral Agreement) (or any analogous terms) of the Company and other obligors outstanding under, and all other obligations in respect of, any First Lien Facility Documents, to pay principal, premium (if any), interest (including interest, fees, cost, charges and other amounts accruing after the commencement of any Insolvency or Liquidation Proceeding, regardless of whether or not allowed or allowable in such proceeding), penalties, fees, indemnifications, reimbursements (including reimbursement obligations with respect to any letters of credit and bankers’ acceptance), damages and other liabilities payable under or in connection with the First Lien Facility Documents.

Examples of First Lien Facility Obligations in a sentence

• The Prepetition First Lien Agent shall receive additional adequate protection in the form of the following payments: (i) the current payment of the Lender Professional Fees attributable to it; and (ii) until repayment in full of the Prepetition First Lien Facility Obligations, payment of all accrued and unpaid interest at the contractual rate set forth in Section 8.4 of the Prepetition First Lien Credit Agreement at the time set forth in the Prepetition First Lien Credit Agreement.

• The Prepetition First Lien Agent shall receive additional adequate protection in the form of the following payments: (i) the current payment of the Lender Professional Fees; and (ii) until repayment in full of the Prepetition First Lien Facility Obligations, payment of all accrued and unpaid interest at the contractual rate set forth in the Prepetition First Lien Credit Agreement at the time set forth in the Prepetition First Lien Credit Agreement.

More Definitions of First Lien Facility Obligations

First Lien Facility Obligations shall have the meaning assigned to the term “Obligations” in the First Lien Credit Agreement.

First Lien Facility Obligations means all “Secured Obligations” (as such term is defined in a First Lien Facility), including all obligations of the Company and other obligors