Lien creditor definition

Lien creditor means 1 or more of the following:

Lien creditor. , with respect to a vessel, means:

Lien creditor means any of the following:

Examples of Lien creditor in a sentence

• In the event that any Revolving Loan Secured Party, First Lien Term Loan Secured Party or any Incremental Term Loan Secured Party becomes a judgment Lien creditor as a result of its enforcement of its rights as an unsecured creditor, such judgment Lien shall be subject to the terms of this Agreement for all purposes to the same extent as all other Liens securing the Revolving Loan Debt, First Lien Term Loan Debt and Incremental Term Loan Debt are subject to this Agreement.

• In the event the ABL Facility Collateral Agent or any other ABL Facility Secured Party becomes a judgment Lien creditor in respect of Term Loan Priority Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subordinated to the Liens securing Term Loan Obligations on the same basis as the other Liens on the Term Loan Priority Collateral securing the ABL Facility Obligations are so subordinated to such Term Loan Obligations under this Agreement.

More Definitions of Lien creditor

Lien creditor means: (A) a creditor that has acquired a lien on the

Lien creditor with respect to a watercraft, means:

Lien creditor means: 330

Lien creditor means any creditor that holds a lien or other security interest in the Eligible Accounts of any Borrowing Base Party.

Lien creditor means:

Lien creditor means: 1704

Lien creditor means: 1691