{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "indebtedness-incurred", "type": "clause", "offset": [14, 35]}, {"key": "by-the-borrower", "type": "clause", "offset": [36, 51]}, {"key": "form-of", "type": "definition", "offset": [59, 66]}, {"key": "second-lien", "type": "definition", "offset": [89, 100]}, {"key": "junior-lien", "type": "clause", "offset": [111, 122]}, {"key": "secured-notes", "type": "clause", "offset": [124, 137]}, {"key": "secured-loans", "type": "definition", "offset": [190, 203]}, {"key": "provided-that", "type": "definition", "offset": [205, 218]}, {"key": "a-portion", "type": "definition", "offset": [262, 271]}, {"key": "second-priority", "type": "definition", "offset": [295, 310]}, {"key": "junior-priority", "type": "definition", "offset": [321, 336]}, {"key": "liens-securing", "type": "clause", "offset": [351, 365]}, {"key": "the-obligations", "type": "clause", "offset": [366, 381]}, {"key": "other-first-lien-obligations", "type": 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true}], "snippet": "means secured Indebtedness (including any Registered Equivalent Notes) incurred by the Parent Borrower, and if applicable, any Co-Borrower, in the form of one or more series of junior priority secured notes or junior priority secured loans; provided that (i) such Indebtedness is secured by the Collateral on a second priority (or other junior priority) basis to the liens securing the Obligations and the obligations in respect of any Permitted First Priority Refinancing Debt and is not secured by any property or assets of a Borrower or any Restricted Subsidiary other than the Collateral, (ii) such Indebtedness may be secured by a Lien on the Collateral that is junior to the Liens securing the Obligations and the obligations in respect of any Permitted First Priority Refinancing Debt, notwithstanding any provision to the contrary contained in the definition of \u201cCredit Agreement Refinancing Indebtedness,\u201d (iii) a Senior Representative acting on behalf of the holders of such Indebtedness shall have become party to or otherwise subject to the provisions of the Intercreditor Agreements, (iv) such Indebtedness does not mature or have scheduled amortization payments of principal or payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligations (except customary asset sale or change of control provisions that provide for the prior repayment in full of the Loans and all other Obligations), in each case prior to 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (v) such Indebtedness is not at any time guaranteed by any Subsidiaries other than Subsidiaries that are Co-Borrowers or Guarantors and (vi) the security agreements relating to such Indebtedness are substantially the same as or more favorable to the Loan Parties than the Collateral Documents (with such differences as are reasonably satisfactory to the Agent). 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provided that (a) such Indebtedness is secured by all or a portion of the Collateral on a junior priority basis to the Liens on the Collateral securing the Obligations and is not secured by any property or assets of any Loan Party other than the Collateral, (b) such Indebtedness satisfies the applicable requirements set forth in the provisos in the definition of \u201cCredit Agreement Refinancing Indebtedness\u201d (provided that such Indebtedness may be secured by a Lien on the Collateral that ranks junior to the Liens on the Collateral securing the Obligations, notwithstanding any provision to the contrary contained in the definition of \u201cCredit Agreement Refinancing Indebtedness\u201d), (c) the holders of such Indebtedness (or their representative) and the Administrative Agent and/or the Collateral Agent shall become parties to a Customary Intercreditor Agreement providing that the Liens on the Collateral securing such obligations shall rank junior to the Liens on the Collateral securing the Obligations and (d) such Indebtedness is not at any time guaranteed by any Restricted Subsidiary that is not a Loan Party.", "size": 13, "hash": "05f9d37af7e0ae8fad6cb68ebde5a4a3", "id": 5}, {"snippet_links": [{"key": "indebtedness-incurred", "type": "clause", "offset": [14, 35]}, {"key": "by-the-borrower", "type": "clause", "offset": [36, 51]}, {"key": "form-of", "type": "definition", "offset": [59, 66]}, {"key": "junior-lien-secured-notes", "type": "definition", "offset": [89, 114]}, {"key": "secured-loans", "type": "definition", "offset": [130, 143]}, {"key": "provided-that", "type": "definition", "offset": [145, 158]}, {"key": "a-portion", "type": "definition", "offset": [208, 217]}, {"key": "the-collateral", "type": "definition", "offset": [221, 235]}, {"key": "junior-priority", "type": "definition", "offset": [241, 256]}, {"key": "liens-securing", "type": "clause", "offset": [270, 284]}, {"key": "the-obligations", "type": "clause", "offset": [285, 300]}, {"key": "assets-of-the-borrower", "type": "clause", "offset": [339, 361]}, {"key": "restricted-subsidiary", "type": "clause", "offset": [369, 390]}, {"key": "the-definition-of", "type": "definition", "offset": [475, 492]}, {"key": "credit-agreement-refinancing-indebtedness", "type": "definition", "offset": [494, 535]}, {"key": "holders-of", "type": "clause", "offset": [551, 561]}, {"key": "senior-representative", "type": "definition", "offset": [594, 615]}, {"key": "agent-shall", "type": "definition", "offset": [636, 647]}, {"key": "acceptable-intercreditor-agreement", "type": "definition", "offset": [663, 697]}], "samples": [{"hash": "2xKtxS6RG82", "uri": "/contracts/2xKtxS6RG82#permitted-junior-priority-refinancing-debt", "label": "Credit Agreement (Dun & Bradstreet Holdings, Inc.)", "score": 32.0746078491, "published": true}, {"hash": "gwsVgr1QL2e", "uri": "/contracts/gwsVgr1QL2e#permitted-junior-priority-refinancing-debt", "label": "Credit Agreement (Dun & Bradstreet Holdings, Inc.)", "score": 31.4366874695, "published": true}, {"hash": "1v0izgLpYHp", "uri": "/contracts/1v0izgLpYHp#permitted-junior-priority-refinancing-debt", "label": "Credit Agreement (Dun & Bradstreet Holdings, Inc.)", "score": 31.4366874695, "published": true}], "snippet": "means secured Indebtedness incurred by the Borrower in the form of one or more series of junior lien secured notes or junior lien secured loans; provided that (i) such Indebtedness shall be secured by all or a portion of the Collateral on a junior priority basis to the Liens securing the Obligations and not be secured by any property or assets of the Borrower or any Restricted Subsidiary other than the Collateral, (ii) such Indebtedness shall satisfy the requirements of the definition of \u201cCredit Agreement Refinancing Indebtedness\u201d and (iii) the holders of any such Indebtedness (or their Senior Representative) and Administrative Agent shall be party to an Acceptable Intercreditor Agreement.", "size": 13, "hash": "c88f074d34d4808bec6e5704a05a94e7", "id": 6}, {"snippet_links": [{"key": "secured-indebtedness", "type": "clause", "offset": [6, 26]}, {"key": "registered-equivalent-notes", "type": "definition", "offset": [42, 69]}, {"key": "the-borrowers", "type": "definition", "offset": [83, 96]}, {"key": "loan-party", "type": "clause", "offset": [110, 120]}, {"key": "form-of", "type": "definition", "offset": [128, 135]}, {"key": "second-lien", "type": "definition", "offset": [158, 169]}, {"key": "junior-lien", "type": "clause", "offset": [180, 191]}, {"key": "secured-notes", "type": "clause", "offset": [193, 206]}, {"key": "secured-loans", "type": "definition", "offset": [245, 258]}, {"key": "provided-that", "type": "definition", "offset": [260, 273]}, {"key": "a-portion", "type": "definition", "offset": [322, 331]}, {"key": "the-collateral", "type": "definition", "offset": [335, 349]}, {"key": "second-priority", "type": "definition", "offset": [355, 370]}, {"key": "liens-securing", "type": "clause", "offset": [411, 425]}, {"key": "the-obligations", "type": "clause", "offset": [426, 441]}, {"key": "in-respect-of", "type": "definition", "offset": [462, 475]}, {"key": "permitted-first-priority-refinancing-debt", "type": "definition", "offset": [480, 521]}, {"key": "credit-agreement-refinancing-indebtedness", "type": "definition", "offset": [568, 609]}, {"key": "permitted-other-debt-conditions", "type": "definition", "offset": [648, 679]}, {"key": "in-exchange", "type": "clause", "offset": [776, 787]}], "samples": [{"hash": "juiPhBjJ9RA", "uri": "/contracts/juiPhBjJ9RA#permitted-junior-priority-refinancing-debt", "label": "Credit Agreement (Redwire Corp)", "score": 33.6105422974, "published": true}, {"hash": "gghSYCKjpHA", "uri": "/contracts/gghSYCKjpHA#permitted-junior-priority-refinancing-debt", "label": "Credit Agreement (Redwire Corp)", "score": 33.2409324646, "published": true}, {"hash": "3y61MOvjvDC", "uri": "/contracts/3y61MOvjvDC#permitted-junior-priority-refinancing-debt", "label": "Credit Agreement (Redwire Corp)", "score": 31.2737846375, "published": true}], "snippet": "means secured Indebtedness (including any Registered Equivalent Notes) incurred by the Borrowers or any other Loan Party in the form of one or more series of second lien (or other junior lien) secured notes or second lien (or other junior lien) secured loans; provided that (i) such Indebtedness is secured only by all or a portion of the Collateral on a second priority (or other junior priority) basis to the Liens securing the Obligations and the obligations in respect of any Permitted First Priority Refinancing Debt, (ii) such Indebtedness otherwise constitutes Credit Agreement Refinancing Indebtedness and (iii) such Indebtedness meets the Permitted Other Debt Conditions. 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provided that (i) such Indebtedness is secured by the Collateral on a junior priority basis to the Liens securing the Obligations and the obligations in respect of any Permitted First Priority Refinancing Debt and is not secured by any property or assets of the Borrower or any Restricted Subsidiary other than the Collateral, (ii) such Indebtedness meets otherwise the requirements contained in the proviso to the definition of \u201cCredit Agreement Refinancing Indebtedness\u201d, and (iii) such Indebtedness meets the Permitted Other Debt Conditions. 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set forth in the provisos in the definition of \u201cCredit Agreement Refinancing Indebtedness\u201d (provided that such Indebtedness may be secured by a Lien on the Collateral that is junior to the Liens securing the Obligations and any other First Lien Obligations, notwithstanding any provision to the contrary contained in the definition of \u201cCredit Agreement Refinancing Indebtedness\u201d), (iii) the holders of such Indebtedness (or their representative) and the Administrative Agent and/or the Collateral Agent shall be party to a Customary Intercreditor Agreement, and (iv) such Indebtedness is not at any time guaranteed by any Subsidiaries of the Borrower other than Subsidiaries that are Guarantors.", "size": 363, "title": "Permitted Junior Priority Refinancing Debt", "id": "permitted-junior-priority-refinancing-debt", "examples": ["Holdings shall not incur any Liens on Equity Interests of the Borrowers other than those for the benefit of the Obligations, Senior Safeway Acquisition Debt, the obligations under the ABL Facility, Incremental Equivalent Debt, Permitted Ratio Debt, Permitted First Priority Refinancing Debt and <strong>Permitted Junior Priority Refinancing Debt</strong>.", "Holdings shall not incur any Liens on Equity Interests of the Borrower other than those for the benefit of the Obligations, the obligations under the ABL Facility, Permitted First Priority Refinancing Debt, <strong>Permitted Junior Priority Refinancing Debt</strong>, secured Permitted Ratio Debt and the Pari Passu Obligations.", "The foregoing provisions are intended as an inducement to any potential provider of any Permitted First Priority Refinancing Debt or any <strong>Permitted Junior Priority Refinancing Debt</strong> to extend credit to the Borrower and such Persons are intended third-party beneficiaries of such provisions.", "Holdings shall not incur any Liens on Equity Interests of the Borrowers other than those for the benefit of the Obligations, Senior Safeway Acquisition Debt, the obligations under the ABL Facility, Permitted Notes, Permitted Ratio Debt, Permitted First Priority Refinancing Debt and <strong>Permitted Junior Priority Refinancing Debt</strong>.", "Holdings shall not incur any Liens on Equity Interests of the Borrowers other than those for the benefit of the Obligations, Senior Safeway Acquisition Debt, the obligations under the ABL Facility, Permitted NotesIncremental Equivalent Debt, Permitted Ratio Debt, Permitted First Priority Refinancing Debt and <strong>Permitted Junior Priority Refinancing Debt</strong>.", "New Holdings shall not incur any Liens on Equity Interests of Holdings or the Borrowers other than those for the benefit of the Obligations, Senior Safeway Acquisition Debt, the obligations under the ABL Facility, Incremental Equivalent Debt, Permitted Ratio Debt, Permitted First Priority Refinancing Debt and <strong>Permitted Junior Priority Refinancing Debt</strong>.", "New Holdings shall not incur any Liens on Equity Interests of the Borrowers other than those for the benefit of the Obligations, Senior Safeway Acquisition Debt, the obligations under the ABL Facility, Incremental Equivalent Debt, Permitted Ratio Debt, Permitted First Priority Refinancing Debt and <strong>Permitted Junior Priority Refinancing Debt</strong>.", "Each of the Lenders, the Issuing Banks and the other Secured Parties acknowledges that obligations of the Borrower and the Guarantors under any Incremental Equivalent Debt, any Ratio Indebtedness, any Acquisition Debt, any Permitted Equal Priority Refinancing Debt and any <strong>Permitted Junior Priority Refinancing Debt</strong> may be secured by Liens on assets of the Borrower and the Guarantors that constitute Collateral.", "The foregoing provisions are intended as an inducement to any potential provider of any Permitted First Priority Refinancing Debt, any <strong>Permitted Junior Priority Refinancing Debt</strong>, Incremental Equivalent Debt or Permitted Ratio Debt to extend credit to the Borrower Agent and such Persons are intended third-party beneficiaries of such provisions.", "Each of the Lenders, the Issuing Banks and the other Secured Parties acknowledges that obligations of the Borrower and the Guarantors under any Incremental Equivalent Debt, any Permitted Senior Priority Refinancing Debt, any <strong>Permitted Junior Priority Refinancing Debt</strong> and any Indebtedness permitted by Section 6.01(a)(xix) may be secured by Liens on assets of the Borrower and the Guarantors that constitute Collateral."], "related": [["permitted-junior-secured-refinancing-debt", "Permitted Junior Secured Refinancing Debt", "Permitted Junior Secured Refinancing Debt"], ["permitted-first-priority-refinancing-debt", "Permitted First Priority Refinancing Debt", "Permitted First Priority Refinancing Debt"], ["permitted-second-priority-refinancing-debt", "Permitted Second Priority Refinancing Debt", "Permitted Second Priority Refinancing Debt"], 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