First Priority Secured Parties definition

First Priority Secured Parties means, with respect to each Type of Common Collateral, the First Priority Representative and the holders of the First Priority Obligations.

First Priority Secured Parties means (a) the Credit Agreement Secured Parties and (ii) the Other First-Priority Secured Parties with respect to each Series of Other First-Priority Obligations.

First Priority Secured Parties means the First Priority Representative, the First Priority Creditors and any other holders of the First Priority Obligations.

Examples of First Priority Secured Parties in a sentence

• Except as otherwise set forth in this Agreement, the First Priority Collateral Agents, the First Priority Secured Parties, the Junior Lien Collateral Agent and the Junior Lien Secured Parties may exercise rights and remedies as unse- cured creditors against the Company or any other Grantor that has guaranteed the First Priority Lien Obligations or the Junior Lien Obligations in accordance with the terms of the First Priority Documents, the Notes Documents and applicable law.

• The First Priority Secured Parties will be entitled to manage and supervise their respective loans and extensions of credit under their respective First Priority Documents in accordance with law and as they may otherwise, in their sole discretion, deem ap- propriate.

• In exercising rights and remedies with respect to the ABL Facility Collateral, the First Priority Collateral Agents and the First Priority Secured Parties may enforce the provisions of the First Priority Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.

• Subject to the First Lien Intercreditor Agreement, in exercising rights and remedies with respect to the Notes Collateral, the First Priority Collateral Agents and the First Priority Secured Parties may enforce the provisions of the First Priority Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.

• The ABL Facil- ity Agent is hereby authorized to make any such endorsements as agent for the First Priority Col- lateral Agents, any such First Priority Secured Parties, the Junior Lien Collateral Agent or any such Junior Lien Secured Parties.

More Definitions of First Priority Secured Parties

First Priority Secured Parties means (i) the Senior Credit Facilities Secured Parties and (ii) any Future First Lien Indebtedness Secured Parties.

First Priority Secured Parties means the Persons holding any First-Priority Obligations, including the First-Priority Collateral Agent.

First Priority Secured Parties means, collectively, the Revolving Agent, the Pari Passu Agent, the Notes Trustee, the First Priority Collateral Agents, the First Priority Representative and any other holders of First Priority Obligations in such capacity.

First Priority Secured Parties shall have the meaning set forth in the Intercreditor Agreement.

First Priority Secured Parties means the First Lien Agent and the First Priority Lenders.

First Priority Secured Parties means, at any time, (a) the First Priority Creditors, (b) the First Priority Agent, (d) the Issuing Bank, (e) each other Person to whom any of the First Priority Claims is owed (including any Affiliate of a First Priority Creditor to whom any First Priority Claims of the type described in clause (b) of the definition thereof is owed) and (f) the successors and assigns of each of the foregoing.

First Priority Secured Parties means at any time the Collateral Trustee (in its capacity as the holder of the Lien on the Collateral securing the First Priority Secured Obligations), the First Priority Agent and any other holder of First Priority Secured Obligations outstanding at such time (and including, for the avoidance of doubt, any Holder Representative in respect of such First Priority Secured Obligations).