Initial Additional Senior Lien Obligations definition

Initial Additional Senior Lien Obligations means all obligations for unpaid principal of and accrued and unpaid interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding at the rate provided for in the documentation with respect thereto, regardless of whether allowed or allowable in such proceeding) on the Initial Additional Senior Lien Note, premium, penalties, all accrued and unpaid fees and all expenses (including fees and expenses accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), reimbursements, indemnities, and all other advances to, debts, liabilities and obligations of any Note Party (as defined in the Initial Additional Senior Lien Note) to the Collateral Agent or any indemnified party arising under the Initial Additional Senior Lien Debt Documents, whether direct or indirect (including those acquired by assumption), absolute, contingent, due or to become due, now existing or hereafter arising.
Initial Additional Senior Lien Obligations means all obligations for unpaid principal of and accrued and unpaid interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding at the rate provided for in the documentation with respect thereto, regardless of whether allowed or allowable in such proceeding) on the Initial Additional Senior Lien Note, premium, penalties, all accrued and unpaid fees and all expenses (including fees and expenses accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), reimbursements, indemnities, and all other advances to, debts, liabilities and obligations of any Initial Additional Senior Lien Secured Party to the Collateral Agent or any indemnified party arising under the Initial Additional Senior Lien Debt Documents, whether direct or indirect (including those acquired by assumption), absolute, contingent, due or to become due, now existing or hereafter arising.

Examples of Initial Additional Senior Lien Obligations in a sentence

  • The Parties hereby agree that the scope of the Secured Obligations shall be hereby extended so as to include the Initial Additional Senior Lien Obligations (as defined in the Intercreditor Agreement) which shall be, therefore, henceforth secured by the security interests under the Amended Security Document (as defined below).

Related to Initial Additional Senior Lien Obligations

  • Senior Lien Obligations means all revenue bonds and other obligations of the RECIPIENT outstanding on the date of execution of this loan agreement (or subsequently issued on a parity therewith, including refunding obligations) or issued after the date of execution of this loan agreement having a claim or lien on the Gross Revenue of the Utility prior and superior to the claim or lien of the loan, subject only to Maintenance and Operation Expense.