Parity Lien Secured Parties definition

Parity Lien Secured Parties means the holders of Parity Lien Obligations, each Parity Lien Representative and the Collateral Trustee.

Parity Lien Secured Parties means the holders of Parity Lien Obligations and any Parity Debt Representatives.

Parity Lien Secured Parties means the holders of Parity Lien Obligations and each Parity Lien Representative.

Examples of Parity Lien Secured Parties in a sentence

• The Collateral Trustee will hold the Junior Trust Estate in trust for the benefit solely and exclusively of all current and future Parity Lien Secured Parties as security for the payment of all present and future Parity Lien Obligations.

• The relative rights of the Priority Lien Secured Parties and the Parity Lien Secured Parties as provided for in this Agreement will continue after the commencement of any such Insolvency or Liquidation Proceeding on the same basis as prior to the date of the commencement of any such case, as provided in this Agreement.

• Solely with respect to any deposit accounts under the control (within the meaning of Section 9-104 of the UCC) of the Collateral Trustee in its capacity as agent of the holders of the Priority Lien Obligations, the Collateral Trustee agrees to also hold control over such deposit accounts as gratuitous agent for the benefit of the Parity Lien Secured Parties and the Parity Lien Representatives.

• The Collateral Trustee and its successors and assigns under this Agreement will hold the Trust Estate in trust for the benefit solely and exclusively of all current and future Parity Lien Secured Parties as security for the payment of all present and future Parity Lien Obligations.

• The Collateral Trustee and its successors and assigns under this Agreement will continue to hold the Junior Trust Estate in trust for the benefit solely and exclusively of all present and future Parity Lien Secured Parties as security for the payment of all present and future Parity Lien Obligations.

More Definitions of Parity Lien Secured Parties

Parity Lien Secured Parties has the meaning assigned to the term “Second Lien Secured Parties” in the Intercreditor Agreement.

Parity Lien Secured Parties means the Trustee, for the benefit of the holders of the Notes, the Secured Hedge Counterparties, the Collateral Trustee and any other holder of Parity Lien Debt.

Parity Lien Secured Parties shall have the meaning set forth in the Collateral Trust Agreement.

Parity Lien Secured Parties means the Collateral Trustee and any other holders of the Parity Lien Obligations.

Parity Lien Secured Parties means, at any time, the holders of the Second Lien Notes, the Trustee, the Collateral Agent, each other Parity Lien Representative and each other holder of any Parity Lien Obligations.

Parity Lien Secured Parties means (a) the Notes Secured Parties and (b) each Other Parity Lien Secured Party. For the avoidance of doubt, the Parity Lien Secured Parties include the Applicable Parity Lien Representative.

Parity Lien Secured Parties means the holders of Party Lien Obligations, each Parity Lien Representative and the Collateral Trustee.