First Lien Secured Parties definition

First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.
First Lien Secured Parties means the holders of any First Lien Obligations, including the First Lien Administrative Agent and the First Lien Collateral Agent.
First Lien Secured Parties means, collectively, (i) the Secured Bank Parties and (ii) the other holders from time to time of First Lien Obligations (other than the Secured Bank Parties) and any representative on their behalf for such purposes.

Examples of First Lien Secured Parties in a sentence

  • Neither the Initial Additional First Lien Collateral Agent nor the Revolver Collateral Agent shall be deemed to owe any fiduciary duty to any party hereto, any Authorized Representative or any other First Lien Secured Parties.

  • The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the First Lien Secured Parties in relation to one another.

  • The Controlling Collateral Agent, the other Authorized Representatives and the other First Lien Secured Parties shall each be responsible for keeping themselves informed of (a) the financial condition of the Borrowers and the other Grantors and all endorsers or guarantors of the First Lien Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the First Lien Obligations.

  • If, despite the provisions of this Section 2.01(a), any First Lien Secured Party shall receive any payment or other recovery in excess of its portion of payments on account of the First Lien Obligations to which it is then entitled in accordance with this Section 2.01(a), such First Lien Secured Party shall hold such payment or recovery in trust for the benefit of all First Lien Secured Parties for distribution in accordance with this Section 2.01(a).

  • The Initial Additional First Lien Collateral Agent represents and warrants that it is authorized under the terms of the Initial Additional First Lien Agreement to execute this Agreement on behalf of the Initial Additional First Lien Secured Parties.


More Definitions of First Lien Secured Parties

First Lien Secured Parties means, collectively, (1) the Senior Credit Facility Secured Parties, (2) First Lien Notes Secured Parties and (3) any Additional First Lien Secured Parties.
First Lien Secured Parties means the Secured Parties and the Other First Lien Secured Parties.
First Lien Secured Parties means (a) the First Lien Credit Agreement Secured Parties, (b) the First Lien Indenture Secured Parties and (c) the Additional First Lien Secured Parties.
First Lien Secured Parties means the Secured Parties and the Permitted Other Indebtedness Secured Parties and any representative on their behalf for such purposes (other than in the case of Permitted Other Indebtedness Secured Parties whose Permitted Other Indebtedness Obligations are secured by a Lien ranking junior to the Lien securing the Obligations, such Permitted Other Indebtedness Secured Parties, the Collateral Agent and any other representative on their behalf), collectively.
First Lien Secured Parties means (i) the Collateral Agent, (ii) the Notes Parties, (iii) the Existing Notes Parties and (iv) the Additional First Lien Secured Parties with respect to each series of Additional First Lien Obligations.
First Lien Secured Parties the “Secured Parties” as defined in the First Lien Collateral Agreement.
First Lien Secured Parties means (a) the Credit Agreement Secured Parties and (ii) the Additional First Lien Secured Parties with respect to each Series of Additional First Lien Obligations.