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New Money Term Loan Secured Obligations definition

New Money Term Loan Secured Obligations means, collectively, (i) all “Secured Obligations” (or comparable term) in respect of the New Money Term Loans under the Term Loan Agreement and (ii) all “Secured Obligations” (or comparable term) in respect of any other indebtedness that has been designated, in accordance with this Agreement, as “New Money Term Loan Secured Obligations” outstanding under each Replacement Term Loan Agreement then extant.

Examples of New Money Term Loan Secured Obligations in a sentence

  • Upon the delivery of such certificate and the related attachments as provided above, the obligations designated in such notice shall become New Money Term Loan Secured Obligations for all purposes of this Agreement.

  • Upon the delivery of such certificate and the related attachments as provided above, the obligations designated in such notice shall become ABL Secured Obligations, New Money Term Loan Secured Obligations or Junior Term Loan Secured Obligations, as applicable, for all purposes of this Agreement.

  • The New Money Term Loan Agent shall, promptly following its receipt thereof, distribute the amounts received by it in respect of the New Money Term Loan Purchase Price to the New Money Term Loan Secured Parties in accordance with their holdings of the applicable New Money Term Loan Secured Obligations.

  • Application of Proceeds of Common Collateral; Dispositions and Releases of Common Collateral; Inspection and Insurance 20 4.1 Application of Proceeds; Turnover Provisions 20 4.2 Releases of Lien 22 4.3 Inspection Rights and Insurance 22 4.4 Option to Purchase ABL Secured Obligations 23 4.5 Option to Purchase New Money Term Loan Secured Obligations 24 4.6 Option to Purchase ABL Secured Obligations and New Money Term Loan Secured Obligations 26 SECTION 5.

Related to New Money Term Loan Secured Obligations

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • U.S. Secured Obligations means all Secured Obligations of the US Loan Parties.

  • Term Loan Obligations means any Obligations with respect to the Term Loan (including, without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Related Secured Obligations means, as of any date, the outstanding principal amount of the Related Equipment Notes issued under each Related Indenture, the accrued and unpaid interest (including, to the extent permitted by applicable law, post-petition interest and interest on any overdue amounts) due thereon in accordance with such Related Indenture as of such date, the Related Make-Whole Amount, if any, with respect thereto due thereon in accordance with such Related Indenture as of such date, and any other amounts payable as of such date under the “Operative Documents” (as defined in each Related Indenture).

  • Additional Secured Obligations means (a) all obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements and (b) all costs and expenses incurred in connection with enforcement and collection of the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest, expenses and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest, expenses and fees are allowed claims in such proceeding; provided that Additional Secured Obligations of a Guarantor shall exclude any Excluded Swap Obligations with respect to such Guarantor.

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