Examples of Lien in a sentence
Notary Public My Commission Expires: EXHIBIT B-1 EXHIBIT B-2 Final and Unconditional Lien Waiver Form STATE OF ____________________ ) ) SS.
Without limitation of Section 7.5, Real Estate SPV shall not incur any Lien on its assets except Liens constituting Permitted Liens consistent with the limited operations and activities set forth in clause (b)(i) of the defined term “Excluded Subsidiary”.
The Borrower, Holdings, the Administrative Agent, and the Lenders party thereto are parties to that certain First Lien Credit Agreement, dated as of March 31, 2021 (as mended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”; capitalized terms used herein without definition have the meaning assigned to such term therein).
Solely in the event that the Consolidated First Lien Net Leverage Ratio is required to be tested pursuant to Section 10.9, the Borrower shall be in Pro Forma Compliance with the Consolidated First Lien Net Leverage Ratio set forth in Section 10.9 after giving effect to the Transactions.
Each Lender (a) hereby agrees that it will be bound by and will take no actions contrary to the provisions of the Collateral Trust Agreement and any such other intercreditor agreement and (b) hereby authorizes and instructs the Collateral Agent, the Collateral Trustee and the Administrative Agent to enter into any First Lien Intercreditor Agreement and any Junior Lien Intercreditor Agreement and to subject the Liens on the Collateral securing the Obligations to the provisions thereof.