First Lien Loan Document Obligations definition

First Lien Loan Document Obligations means (a) the due and punctual payment by the Borrower of (i) the principal of the Loans and LC Disbursements, and all accrued and unpaid interest thereon at the applicable rate or rates provided in this Agreement (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary obligations of the Borrower under or pursuant to this Agreement and each of the other First Lien Loan Documents, including obligations to pay fees, expenses, reimbursement obligations and indemnification obligations and obligations to provide cash collateral, whether primary, secondary, direct, contingent, fixed or otherwise (including interest and monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual payment and performance of all other obligations of the Borrower under or pursuant to each of the First Lien Loan Documents and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to this Agreement and each of the other First Lien Loan Documents (including interest and monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding).

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First Lien Loan Document Obligations obligations of the Borrower and the other Loan Parties from time to time arising under or in respect of the due and punctual payment of (i) the principal of and premium, if any, and interest (including interest accruing during (or that would accrue but for) the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary obligations, including fees, costs, expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), of the Borrower and the other Loan Parties under this Agreement and the other First Lien Loan Documents.

First Lien Loan Document Obligations means the “Obligations”, as defined in the First Lien Credit Agreement, set forth in clause (a) of the definition of such term in the First Lien Credit Agreement (including any such “Obligations” arising or accruing under Section 2.1, 2.2, 2.3, 2.23, 2.24 or 2.25 of the First Lien Credit Agreement or during the pendency of any Insolvency or Liquidation Proceeding), notwithstanding that any such “Obligations” or claims therefor shall be disallowed, voided or subordinated in any Insolvency or Liquidation Proceeding or under any Bankruptcy Law or other applicable law. Notwithstanding the foregoing, for all purposes under this Agreement (other than the definition of “Capped First Lien Loan Document Obligations”), Excess First Lien Obligations shall not be included in the First Lien Loan Document Obligations.

Examples of First Lien Loan Document Obligations in a sentence

The agreements in this Subsection 10.11 shall survive the resignation and/or replacement of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender and the repayment, satisfaction or discharge of all other First Lien Loan Document Obligations.
The Liens to be granted to secure the First Lien Loan Document Obligations pursuant to the proviso to the definition of “Permitted Liens” in the Credit Agreement will be given in accordance with the Agreed Security Principles and on terms no less favorable to the Parent Borrower and its Restricted Subsidiaries than those contained in the Security Documents entered into on the Closing Date and the Security Documents pursuant to which the Initial Liens are created.
Until the Discharge of First Lien Loan Document Obligations has occurred, the Second Lien Representative, for itself and on behalf of the other Second Lien Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, except to the extent permitted by the foregoing provisions of this Section 6.01(b), the Second Lien Secured Parties will not assert any claim (or support any other Person in asserting any claim) under Section 507(b) of the Bankruptcy Code.
The agreements in this subsection 9.11 shall survive the resignation and/or replacement of the Administrative Agent, and assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all other First Lien Loan Document Obligations.

More Definitions of First Lien Loan Document Obligations

First Lien Loan Document Obligations means the First-Lien Obligations (as defined in the Credit Agreement).

First Lien Loan Document Obligations the “First Lien Loan Document Obligations” as defined in the First Lien Credit Agreement.

First Lien Loan Document Obligations means the “Loan Document Obligations” as defined in the First Lien Credit Agreement (as in effect on the Effective Date, without giving effect to any amendment or waiver thereof or of any defined term used therein).

First Lien Loan Document Obligations means (a) the due and punctual payment of (i) the principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the First-Lien Loans, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrowers under the Credit Agreement in respect of any letter of credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide cash collateral, and (iii) all other monetary obligations of the Borrowers to any of the First-Lien Creditors under the Credit Agreement and each of the other First-Lien Loan Documents (other than, for avoidance of doubt, Hedging Obligations), including fees, costs, expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual performance of all other obligations of the Borrowers under or pursuant to the Credit Agreement and each of the other First-Lien Loan Documents (excluding, for avoidance of doubt, Hedging Obligations), and (c) the due and punctual payment and performance of all the obligations of each other Grantor under or pursuant to this Agreement and each of the other First-Lien Loan Documents (excluding, for avoidance of doubt, Hedging Obligations), in each case whether outstanding on the date hereof or incurred or arising from time to time after the date of this Agreement.