First Lien Guarantors definition

First Lien Guarantors means LLC; Dutchco; MSK; Holdco; MagnaChip Semiconductor Limited, a company incorporated in the United Kingdom; MagnaChip Semiconductor Holding Company Limited, a British Virgin Islands company; MagnaChip Semiconductor Inc., a company incorporated in Japan; MagnaChip Semiconductor Limited, a company incorporated in Hong Kong SAR; MagnaChip Semiconductor Limited, a company incorporated in Taiwan; and MSA.

First Lien Guarantors means, collectively, (a) the "Guarantors" as defined in the First Lien Loan Agreement, (b) any other Person that at any time after the date hereof becomes a party to a guarantee in favor of the First Lien Agent or the First Lien Lenders in respect of any of the First Lien Debt, and (c) their respective successors and assigns.

First Lien Guarantors means the “Guarantors” as defined in the First Lien Credit Agreement.

Examples of First Lien Guarantors in a sentence

• For the avoidance of doubt, the Issuer and the Second Lien Guarantors will also be required to be First Lien Guarantors.

• The Borrower, the Issuer, the First Lien Guarantors and the Second Lien Guarantors are hereinafter referred to collectively as the “Loan Parties”.

• Pursuant to the Original First Lien Credit Agreement, the Original First Lien Guarantors have agreed to guarantee the payment and performance of the Original First Lien Borrower’s obligations under the Original First Lien Documents.

• This is a continuing agreement of lien priorities and the First Lien Lenders may continue, at any time and without notice to the Second Lien Agent or any Second Lien Lender, to extend credit and other financial accommodations and lend monies to or for the benefit of the First Lien Borrower and First Lien Guarantors constituting First Lien Obligations on the faith hereof.

• In deciding whether to accept or reject the First Lien Claimholders’ offer, the Second Lien Claimholders must rely on their own examination of the First Lien Note Issuers, the First Lien Guarantors, the First Lien Loan Documents and the terms of the Purchase Right, including the merits and risks involved.

More Definitions of First Lien Guarantors

First Lien Guarantors means Holdings, the Borrower and any Subsidiary Guarantor under the First Lien Credit Agreement.

First Lien Guarantors means each of the Credit Parties that provides a Guarantee in respect of any of the Obligations of any other Credit Party under the First Lien Debt Documents. Each of the First Lien Guarantors existing on the date hereof are listed on the signature pages hereto as a First Lien Guarantor.

First Lien Guarantors has the meaning set forth in the Recitals hereto.

First Lien Guarantors has the meaning set forth in the recitals to this Agreement and "First Lien Guarantor" means any one of them.

First Lien Guarantors means (a) initially, the Company and each of the other guarantors signatory to the First Lien Indenture and (b) each of the Company’s subsidiaries that becomes a guarantor of the First Lien Notes pursuant to the provisions of the First Lien Indenture, and their successors, in each case until released from its respective guarantee pursuant to the First Lien Indenture.

First Lien Guarantors shall include all “Guarantors” under and as defined in the First Lien Credit Agreement.

First Lien Guarantors has the meaning specified in the Intercreditor Agreement.