Examples of First Lien Loan Agreement in a sentence
Cantor Xxxxxxxxxx Securities is entering into this Intercreditor Agreement solely in its capacity as administrative and collateral agent pursuant to the First Lien Loan Agreement and not in its individual or corporate capacity.
Such purchase and sale shall be made by execution and delivery by the applicable Secured Creditors of an Assignment Agreement in the form attached to the First Lien Loan Agreement.
All of the Holdings', the Professional Corporations' and the Second Lien Creditors' obligations to the First Lien Lender under the First Lien Loan Agreement and the other First Lien Documents (as hereinafter defined) are secured by liens on and security interests in substantially all of the now existing and hereafter acquired real and personal property of the Professional Corporations, Holdings and the Second Lien Creditors (the "First Lien Collateral").
No amendment or waiver of any provision of this Agreement, and no consent to any departure by any Person from the terms hereof, shall in any event be effective unless it is in writing and signed by the Second Lien Agent, with the consent of the Requisite Second Lien Creditors and the First Lien Agent, with the consent of the “Required Lenders” (as defined in the First Lien Loan Agreement).
Notwithstanding the terms of the Second Lien Debt Documents, except as permitted by the First Lien Loan Agreement, each Professional Corporation agrees that it may not make, and each Second Lien Creditor hereby agrees that it will not accept, any Distribution with respect to the Second Lien Debt until the First Lien Debt is indefeasibly paid in full in cash and all commitments to lend under the First Lien Documents have terminated.