Junior Credit Agreement definition

Junior Credit Agreement has the meaning set forth in the Recitals.

Junior Credit Agreement means (a) in respect of the Term Loan First Lien Collateral, the ABL Credit Agreement, and (b) in respect of the ABL First Lien Collateral, the Term Loan Credit Agreement.

Junior Credit Agreement means the Second Lien Term Loan Credit Agreement, dated as of the Sixth Amendment Effective Date, by and among Horizon Global Corporation, the several banks and other financial institutions or entities from time to time party thereto and Cortland Capital Market Services LLC, as Administrative Agent.

Examples of Junior Credit Agreement in a sentence

• The Required Lenders hereby direct the Administrative Agent to consent, and the Administrative Agent hereby consents, to the amendment to the Junior Credit Agreement referenced above.

• Generally, countries joining the Belt and Road Initiative (BRI) are interested in discussions on ‘how to enhance future strategic cooperation to enter a “new stage” of diplomatic relations’.42 Today, there are 138 countries on the list of participating members in the BRI,43 and Austria is one of them.

• This Note shall be pledged by each Payee that is a Loan Party (a “Loan Party Payee”) (i) to the First Lien Agent, for the benefit of the Senior Secured Parties, pursuant to the Senior Collateral Documents as collateral security for such Payee’s Senior Credit Agreement Obligations and (ii) to the Second Lien Agent for the benefit of the Junior Secured Parties, pursuant to the Junior Collateral Documents as collateral security for such Payee’s Junior Credit Agreement Obligations.

• We will bear the costs and expenses of filing any such “piggy-back” registration statements.Our lenders under the Junior Credit Agreement we entered into on April 19, 2013 have registration rights to require us to register a sale of any of our securities held by them pursuant to an investor rights agreement dated April 19, 2013.

• Subject to the terms of this Interim Order, the Prepetition Lenders as secured parties under the Senior Secured Note and the Junior Credit Agreement (each as defined below) have agreed to permit the Debtor to use the Cash Collateral, pursuant to the DIP Term Sheet and this Interim Order.

More Definitions of Junior Credit Agreement

Junior Credit Agreement means that certain Credit Agreement, dated as of November 10, 2005, by and among the Borrower, the lenders from time to time party thereto and D.E. Shaw Laminar Lending, Inc., as administrative agent for such lenders, as heretofore amended, restated, supplemented or otherwise modified.

Junior Credit Agreement shall have the meaning assigned to such term in the recitals to this Agreement.

Junior Credit Agreement means that certain Term Loan Credit Agreement dated as of June 30, 2015, as amended, restated, amended and restated, supplemented, increased or otherwise modified, refinanced or replaced from time to time, the Borrower, the lenders party thereto, and JPMorgan Chase, N.A., as administrative agent and as collateral agent.

Junior Credit Agreement means the Original Junior Credit Agreement as amended, restated, modified, renewed, refunded, replaced, or refinanced in whole or in part from time to time, and any other agreement extending the maturity of, consolidating, otherwise restructuring (including adding Subsidiaries or affiliates of any Obligor or any other Persons as parties thereto), renewing, replacing or refinancing all or any portion of the Obligations or Commitments as those terms are defined in the Original Junior Credit Agreement or all or any portion of the amounts owed under any other agreement that itself is a Junior Credit Agreement hereunder and whether by the same or any other agent, lender, or group of lenders and whether or not increasing the amount of Junior Indebtedness that may be incurred thereunder, in each case, to the extent that any such amendment, restatement, modification, renewal, refunding, replacement, or refinancing is permitted under this Agreement.

Junior Credit Agreement means a credit agreement between the Borrower and the other parties thereto that provides for loans to the Borrower that are unsecured, which credit agreement and all other documentation related thereto are approved in writing by the Initial Lenders, and as to which the following conditions are satisfied: (a) such credit agreement and related loan documents shall not be more restrictive on the Borrower and its Subsidiaries than the terms of the Loan Documents, (b) the maturity date of the loans thereunder shall not be earlier than the date that is six months after the Scheduled Maturity Date, (c) the loans thereunder shall not be subject to amortization or mandatory prepayment, and (d) the indebtedness thereunder shall be subordinated in right of payment to the Obligations of the Loan Parties under the Loan Documents on terms and conditions no less favorable to the Lenders and the other Secured Parties than the subordination provisions customarily contained in high-yield debt securities or on terms otherwise specified by the Required Lenders.

Junior Credit Agreement means that certain Credit Agreement dated as of the Second Amendment Closing Date, among Borrowers, Guarantors and ORIX Finance Corp., in form and substance acceptable to Agent in its sole discretion, as it may be amended, restated, or refinanced from time to time thereafter (but only to the extent that such amendments, restatements or refinancings are permitted under the Term B Subordination Agreement).

Junior Credit Agreement means the Second Lien Credit Agreement dated as of June 28, 2024, among the Borrower, the other Loan Parties party thereto, the Junior Lenders and the Junior Administrative Agent, as amended, supplemented, restated, or otherwise modified from time to time in compliance with the Intercreditor Agreement. “Junior Lenders” means the lenders party from time to time as lenders to the Junior Credit Agreement. “Junior Loan Documents” means the Junior Credit Agreement and the other “Loan Documents” as defined in the Junior Credit Agreement.