Junior Lien Priority Obligations definition

Junior Lien Priority Obligations means obligations under any loan agreement, credit agreement, indenture or other agreement entered into by the Company after the Issue Date, if any, pursuant to which the Company or any of its Subsidiaries will incur Junior Lien Priority Indebtedness, and which has been designated as Junior Lien Priority Obligations under the Intercreditor Agreement.
Junior Lien Priority Obligations means all Junior Lien Obligations exclusive of the Excess Junior Lien Obligations, which Excess Junior Lien Obligations shall be excluded from (and shall not constitute) Junior Lien Priority Obligations
Junior Lien Priority Obligations means all Junior Lien Obligations exclusive of the Excess Junior Lien Obligations, which Excess Junior Lien Obligations shall be excluded from (and shall not constitute) Junior Lien Priority Obligations

Examples of Junior Lien Priority Obligations in a sentence

  • This authorization is coupled with an interest and is irrevocable until the Discharge of ABL Priority Obligations, Discharge of Senior Lien Priority Obligations, Discharge of First Lien Priority Obligations and Discharge of Junior Lien Priority Obligations have occurred.