First Lien Note definition

First Lien Note means the $20,000,000 12% Senior Secured Note dated August 18, 2006, issued by the Guarantor in favor of the First Lien Lender in accordance with the First Lien Note Purchase Agreement.

First Lien Note. Holders shall have the meaning assigned to such term in the preliminary statement of this Agreement. First Lien Parent Guaranty shall have the meaning assigned to such term in the preliminary statement of this Agreement.

First Lien Note means a note with the principal terms and conditions provided under Exhibit G.

Examples of First Lien Note in a sentence

• Unless resolved before Confirmation, the TCEH First Lien Notes Trustee and/or the Holders of TCEH First Lien Claims will continue to seek entry of the TCEH First Lien Creditor Plan Distribution Allocation Order resolving the TCEH First Lien Creditor Plan Distribution Allocation Dispute through an adjudication of the TCEH First Lien Note Intercreditor Action or otherwise.

• In the event of foreclosure or deed in lieu of foreclosure of a prior mortgage, mortgage deed, deed of trust, security deed, or assignment of the first mortgage, mortgage deed, deed of trust or security deed securing the First Lien Note to the Secretary of Housing and Urban Development, any provisions herein or any provisions in any other collateral agreement restricting the use of the Property or otherwise restricting the Borrower’s ability to sell the Property will have no further force or effect.

• Except as specifically provided as Allowed Claims pursuant to Article III.B of the Plan or otherwise objected to by the Debtors in the Chapter 11 Cases, the Plan shall serve as the Debtors’ objection to all other EFIH First Lien Note Claims, EFIH Second Lien Note Claims, EFIH Unsecured Note Claims, EFH LBO Note Claims, and EFH Legacy Note Claims under the respective indentures.

• Holders of such Claims are entitled to vote to accept or reject the Plan, and the votes of such holders will be solicited with respect to such Allowed First Lien Note Claims; provided that the Debtors reserve the right to assert that the treatment provided to the First Lien Note Claims pursuant to this Section 5.4 renders such Claims unimpaired.

• Distributions to holders of Allowed First Lien Note Claims, Allowed 1.5 Lien Note Claims and Allowed Second Lien Note Claims shall be made by the applicable Indenture Trustee and, with the consent of the Reorganized Debtors and the Requisite Investors, deemed completed when made to the applicable Indenture Trustee as Disbursing Agent.

More Definitions of First Lien Note

First Lien Note. Register” 2.03(a) “Fully Participating Holder” 9.02(h) “Global Note” 2.1(b) of Appendix A “Global Notes Legend” 2.2(e) of Appendix A “Guaranteed Obligations” 10.01(a) “IAI” 1.1(a) of Appendix A “IAI Global Note” 2.1(b) of Appendix A “ICA Legend” 2.2(e) of Appendix A “Legal Defeasance” 8.02(a) “Noteholder Direction” 6.01(b) “Notice” 13.13

First Lien Note means that certain First Lien Senior Secured Promissory Note, dated as of the date hereof, among Equipmentco and the First Lien Secured Parties.

First Lien Note means a promissory note of the Borrower, in substantially the form of Exhibit R, payable to a Lender in any Facility in a principal amount equal to the principal amount of the Revolving Commitment or Term Loans, as applicable, of such Lender.

First Lien Note means a first lien secured note issued pursuant to that certain Loan Agreement.

First Lien Note has the meaning set forth in the recitals to this Agreement.

First Lien Note means a promissory note given by Seller to CPC in the original principal amount of $1,250,000 and secured by the First Lien Deed of Trust in favor of CPC, encumbering the San Antonio Land.

First Lien Note shall have the meaning ascribed to it in the Introduction hereto.