First Lien Purchase Agreement definition

First Lien Purchase Agreement shall have the meaning set forth in the Preliminary Statements of this Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

First Lien Purchase Agreement means any replacement purchase agreement entered into by Parent Issuer in connection with such refinancing, extension or replacement.

First Lien Purchase Agreement means the Purchase Agreement dated as of July 17, 2006, by and among the Company, certain Subsidiaries of the Company, and the purchasers named therein, as amended by the First Amendment, dated as of March 12, 2008, pursuant to which the First Lien Notes were issued. After any refinancing, extension or replacement of any Indebtedness under the First Lien Notes pursuant to the terms of the Intercreditor Agreement, the term “First Lien Purchase Agreement” shall mean any replacement purchase agreement entered into by Parent Issuer in connection with such refinancing, extension or replacement.

Examples of First Lien Purchase Agreement in a sentence

The First Lien Note Holders purchased notes of Company pursuant to the First Lien Purchase Agreement, upon, among other terms and conditions, the condition that the First Lien Obligations (such term and each other capitalized term used but not defined in these recitals having the meaning given it in Article I) shall be secured by first priority Liens on, and security interests in, the Collateral.
Capitalized terms used in this Agreement and not otherwise defined herein shall have the meanings set forth in the First Lien Purchase Agreement, the Second Lien Purchase Agreement and the Third Lien Purchase Agreement, as applicable.
So long as the Discharge of First Lien Obligations has not occurred, any Collateral or proceeds thereof received by the First Lien Collateral Agent in connection with any Disposition of, or collection on, such Collateral upon the enforcement or exercise of any right or remedy (including any right of setoff) shall be applied by the First Lien Collateral Agent to the First Lien Obligations in such order as is specified in the First Lien Purchase Agreement.
Interest shall accrue and shall be paid on this Note in accordance with the terms of the First Lien Purchase Agreement described below.
NextWave acknowledges that all costs, fees and expenses as described in Section 1.4 of the First Lien Purchase Agreement and Section 1.5 of the Second Lien Purchase Agreement incurred by the Holders with respect to this Amendment and Waiver and the documents and transactions contemplated hereby shall be for the account of NextWave.
Without the prior written consent of the Second-Lien Agent, the Intercreditor Agreement of even date herewith by and between the 2013 First Lien Agent and the 2014 First Lien Agent shall not be restated, supplemented or otherwise modified to change the pari passu treatment of the 2013 Debt or the 2014 Debt (as such terms are defined therein) for all purposes, including payment and recourse to collateral, under the 2013 First Lien Purchase Agreement and the 2014 First Lien Purchase Agreement.
All capitalized terms used but not defined herein shall have the meanings ascribed to them in the First Lien Purchase Agreement.
This Note is subject to certain transfer restrictions as set forth in the First Lien Purchase Agreement.
The terms of this Note include those stated in the First Lien Purchase Agreement and the First Lien Senior Incremental Notes Agreement, including, without limitation, the provisions in the First Lien Purchase Agreement respecting covenants, Events of Default and remedies.
The Notes may be modified as provided in Section 10.3 of the First Lien Purchase Agreement.

More Definitions of First Lien Purchase Agreement

First Lien Purchase Agreement means that certain Amended and Restated Purchase Agreement dated as of the date hereof, by and among the Company, certain Subsidiaries of the Company, the purchasers named therein and the First Lien Collateral Agent, pursuant to which the First Lien Notes were issued. After any refinancing, extension or replacement of any Indebtedness under the First Lien Notes pursuant to the terms of the Intercreditor Agreement, the term “First Lien Purchase Agreement” shall mean any replacement purchase agreement entered into by Parent in connection with such refinancing, extension or replacement.

First Lien Purchase Agreement has the meaning set forth in the recitals hereto, as amended, modified, restated, supplemented, replaced or Refinanced from time to time as permitted hereunder.

First Lien Purchase Agreement each of and both the 2013 First-Lien Purchase Agreement and the 2014 First-Lien Purchase Agreement, as amended, modified, restated, supplemented, replaced or Refinanced from time to time as permitted hereunder.

First Lien Purchase Agreement has the meaning set forth in the Recitals hereto.

First Lien Purchase Agreement. (a) the Initial First Lien Purchase Agreement and (b) each loan or credit agreement evidencing any replacement, substitution, renewal, or initial or subsequent Refinancing of the Obligations under the Initial First Lien Purchase Agreement, in each case, as the same may be amended, amended and restated, supplemented, modified, replaced, substituted or renewed from time to time or Refinanced in accordance with the terms of this Agreement.

First Lien Purchase Agreement means that certain Amended and Restated Purchase Agreement dated as of the date hereof, by and among the Company, Parent, the purchasers set forth therein, any guarantor from time to time party thereto, and the Collateral Agent, in substantially the form annexed hereto as Exhibit I.