Examples of Noteholder First Lien Collateral in a sentence
To the extent that an insured loss covers or constitutes both Revolving Facility First Lien Collateral and Noteholder First Lien Collateral, then the Collateral Agent and the Noteholder Collateral Agent will work jointly and in good faith to collect, adjust or settle (subject to the rights of the Grantors under the Revolving Facility Documents and the Noteholder Documents) under the relevant insurance policy.
An employer can give tasks to its employers after the mandatory closure at 3 pm, such as taking stocks, loading goods, cleaning, or checking orders and deliveries, etc.
There are records in literature wherein industrial solid wastes in combination with primary binders have given much better results than them being used as standalone stabilizers and can also result in pozzolanic strength gain over primary binder stabilization alone [17].
The Noteholder Collateral Agent (i) acknowledges and consents to the grant to the Collateral Agent by the Grantors upon and during the continuance of an Event of Default of a limited, non-exclusive royalty-free license in the form of Exhibit A hereto (the “Closing Date License”) and (ii) agrees that its Liens in the Noteholder First Lien Collateral shall be subject to the Closing Date License.
The foregoing shall not prohibit the Collateral Agent or any Note Claimholder from objecting to the terms of any DIP Financing to the extent that such DIP Financing is secured by a senior Lien on any Noteholder First Lien Collateral.