Other First Lien Debt definition

Other First Lien Debt means obligations secured by Other First Liens.
Other First Lien Debt means obligations secured by Liens on the Collateral that are equal and ratable with the Liens thereon securing the Term B-1 Loans pursuant to an intercreditor agreement reasonably satisfactory to the Administrative Agent.
Other First Lien Debt means Permitted Other First Lien Debt incurred pursuant to Section 6.01(u) and Refinancing Indebtedness of the foregoing that is secured by Liens on the Collateral that are equal and ratable with the Liens thereon securing the Obligations pursuant to a Pari Intercreditor Agreement.

Examples of Other First Lien Debt in a sentence

  • Designate, or permit the designation of, any Indebtedness as “Designated Senior Debt” or any other similar term for the purpose of the definition of the same or the subordination provisions contained in any indenture governing any senior subordinated notes permitted to be incurred hereunder that constitute Material Indebtedness other than (a) the Obligations under this Agreement and the other Loan Documents, (b) any Permitted Refinancing Indebtedness thereof and (c) any series of Other First Lien Debt.

  • For all purposes hereof and the First Lien/First Lien Intercreditor Agreement, the Issuer hereby designates the obligations pursuant to the First-Priority Notes Indenture as in effect on the Closing Date as Other First Lien Debt.


More Definitions of Other First Lien Debt

Other First Lien Debt means the First Lien Notes, the 2025 First Lien Notes and other obligations secured by Other First Liens.
Other First Lien Debt means any obligations secured by Other First Liens. For the avoidance of doubt, no Other First Lien Debt shall rank senior to any Obligations in lien priority or, except for the obligations under the Series A Revolving Facility, in right of payment.
Other First Lien Debt means Indebtedness of the type described in clauses (a) and (b) of the definition thereof secured by Other First Liens.
Other First Lien Debt means obligations secured by Other First Liens. On the Closing Date, the Senior Secured Notes outstanding on the Closing Date constitute Other First Lien Debt hereunder.
Other First Lien Debt means obligations secured by Liens on the Collateral that are equal and ratable with the Liens thereon securing the Initial Term Loans pursuant to an intercreditor agreement reasonably satisfactory to the Administrative Agent.
Other First Lien Debt means obligations secured by Other First Liens. For the avoidance of doubt, notwithstanding any other provision in any Note Document, neither the Issuer nor any of its Subsidiaries shall be permitted to incur any Other First Lien Debt that has priority under the Priority Waterfall except for the incurrence of Permitted Exchange Notes and Permitted Redemption Indebtedness (and Permitted Refinancing Indebtedness in respect thereof), in each case, to the extent expressly permitted hereunder and which shall, for the avoidance of doubt, rank junior in right of payment to the Obligations as contemplated by the definitions of “Permitted Exchange Notes” and “Permitted Redemption Indebtedness”, as applicable.
Other First Lien Debt means the First Lien Notes, the 2026 Notes and other obligations secured by Other First Liens.