Level 3 LLC definition

Level 3 LLC means Level 3 Communications, LLC, a Delaware limited liability company and a direct Wholly Owned Subsidiary of the Issuer.
Level 3 LLC has the meaning specified in the second introductory paragraph hereto.
Level 3 LLC shall have the meaning set forth in the Preamble hereto."

Examples of Level 3 LLC in a sentence

  • So long as the Credit Agreement shall constitute a Qualified Credit Facility, this Supplemental Indenture shall continue to be effective or be reinstated, as the case may be, if at any time any payment of the Senior Obligations or any part thereof shall be rescinded or must otherwise be returned by the Administrative Agent and the Senior Creditors upon the insolvency, bankruptcy or reorganization of Level 3 LLC or otherwise, all as though such payment had not been made.

  • The Offering Proceeds Note Guarantor further agrees that its Guarantee herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or (premium, if any) interest on any Senior Obligation is rescinded or must otherwise be restored by the Issuer upon the bankruptcy or reorganization of Level 3 LLC or otherwise.

  • The Offering Proceeds Note Guarantor waives presentation to, demand of, payment from and protest to Level 3 LLC of any of the Obligations and also waives notice of protest for nonpayment.

  • Currently, Level 3 LLC is the obligor on the Parent Intercompany Note.

  • The Issuer shall at all times own all the issued and outstanding Capital Stock of Level 3 LLC.

  • The recitals and statements herein are deemed to be those of the Issuer, Parent and Level 3 LLC and not of the Trustee.

  • Level 3 LLC, as a Subordinated Borrower, Parent, as a Subordinated Lender and the Issuer have caused this Agreement to be duly executed by their respective authorized representatives as of the day and year first above written.

  • Each of Parent and the Issuer will endeavor, and cause Level 3 LLC to endeavor, in good faith using commercially reasonable efforts to cause Level 3 LLC to obtain all material (as determined in good faith by the General Counsel of Parent) authorizations and consents of Federal and State Governmental Authorities required in order for it to Guarantee the Securities at the earliest practicable date and to enter into a Guarantee of the Securities promptly thereafter.

  • Simultaneously with the closing of the offering of the Initial Securities, the Issuer will lend the net proceeds of the issuance of the Securities and certain cash on hand to Level 3 LLC in return for the Offering Proceeds Note.

  • The Borrower shall at all times own all the issued and outstanding Capital Stock of Level 3 LLC.


More Definitions of Level 3 LLC

Level 3 LLC means Level 3 Communications, LLC, a Delaware limited liability company. “Level 3 LLC 5.125% Notes Supplemental Indenture” means a supplemental indenture substantially in the form of Exhibit G to the 5.125% Notes Indenture among the Borrower, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇ LLC and the Trustee under the 5.125% Notes Indenture. “Level 3 LLC 5.625% Notes Supplemental Indenture” means a supplemental indenture substantially in the form of Exhibit G to the 5.625% Notes Indenture among the Borrower, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇ LLC and the Trustee under the 5.625% Notes Indenture. “Level 3 LLC 5.375% Notes Supplemental Indenture” means a supplemental indenture substantially in the form of Exhibit G to the 5.375% Notes Indenture among the Borrower, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇ LLC and the Trustee under the 5.375% Notes Indenture. “Level 3 LLC 5.375% 2025 Notes Supplemental Indenture” means a supplemental indenture substantially in the form of Exhibit G to the 5.375% 2025 Notes Indenture among the Borrower, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇ LLC and the Trustee under the 5.375% 2025 Notes Indenture. “Level 3 LLC 5.375% 2024 Notes Supplemental Indenture” means a supplemental indenture substantially in the form of Exhibit G to the 5.375% 2024 Notes Indenture among the Borrower, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇ LLC and the Trustee under the 5.375% 2024 Notes Indenture. “Level 3 LLC 5.25% Notes Supplemental Indenture” means a supplemental indenture substantially in the form of Exhibit G to the 5.25% Notes Indenture among the Borrower, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇ LLC and the Trustee under the 5.25% Notes Indenture.

Related to Level 3 LLC

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Securitization Subsidiary means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other activities reasonably related thereto.

  • Guarantor means: .............................................................................................................................................

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.