Primary Creditor definition

Primary Creditor. “Security Agent”, “Senior Agent”, “Senior Creditor”, “Subordinated Creditor” and “Senior Lender” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

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Primary Creditor. Second Lien Borrower", "Second Lien Guarantor", "Second Lien Creditor Representative", "Security Agent", "Senior Agent", "Senior Arranger", "Senior Borrower", "Senior Creditor", "Senior Guarantor", "Senior Lender", "Senior Creditor Representative", "Senior Noteholder", "Senior Notes Trustee", "Senior Parent Creditor", "Senior Parent Creditor Representative", "Senior Parent Noteholder", "Senior Parent Notes Trustee" or "Third Party Security Provider" shall be construed to be a reference to it in its capacity as such and not in any other capacity;

Primary Creditor. “Security Agent”, “Revolving Agent”, “Credit Facility Borrower”, “Credit Facility Guarantor”, “Revolving Lender” or “Credit Facility Lender”, shall be construed to be a reference to it in its capacity as such and not in any other capacity;

Examples of Primary Creditor in a sentence

• The Parent shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable Indirect Tax), whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 17 (Distressed Disposals).

• The Company shall within ten Business Days of demand and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable VAT), whether or not reasonably foreseeable, reasonably incurred by any of them in relation to or arising out of the operation of Clause ‎17.2 (Distressed Disposals).

• The Company shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable VAT), whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 14 (Distressed Disposals).

• Each Debtor irrevocably authorises the Notes Trustee to disclose to any Primary Creditor any information that is received by the Notes Trustee in its capacity as the Notes Trustee.

• The Issuer shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable VAT), whether or not reasonably foreseeable, reasonably incurred by any of them in relation to or arising out of the operation of Clause ‎‎12.2 (Distressed Disposals).

• In particular, but without limitation, each Primary Creditor hereby authorises and directs its relevant Agent to, and each Hedge Counterparty agrees to, execute any amendment to this Agreement and such other Debt Documents required to reflect such arrangements to the extent such financing, refinancing and/or sharing is not prohibited by such Debt Documents.

• The Security Agent shall be entitled to carry out all dealings with the Primary Creditors (other than the Hedge Counterparties) and the Arrangers through the relevant Creditor Representative and may give to the relevant Creditor Representative any notice or other communication required to be given by the Security Agent to a Primary Creditor or an Arranger and with each Hedge Counterparty directly with that Hedge Counterparty.

• Without prejudice to the other provisions of this Clause 16, each Agent, each Secured Party and each Primary Creditor agrees that it shall co-operate with the Parent, each other member of the Group, Third Party Security Provider and each Agent in order to facilitate any Debt Refinancing (including by way of, at the request and cost of the Parent, executing any document or agreement and/or giving instructions to any person).

• Notwithstanding any agreement to the contrary, each of the Debtors consents, until the Final Discharge Date, to the disclosure by any of the Primary Creditors, the Agents and the Security Trustee to each other (whether or not through an Agent or the Security Trustee) of such information concerning the Debtors as any Primary Creditor, any Agent or the Security Trustee shall see fit.

• Notwithstanding any agreement to the contrary, each of the Debtors consents, until the Final Discharge Date, to the disclosure by any Primary Creditor and the Security Agent to each other (whether or not through a Creditor Representative or the Security Agent) of such information concerning the Debtors as any Primary Creditor or the Security Agent shall see fit.

More Definitions of Primary Creditor

Primary Creditor. “Security Agent”, “Super Senior Facility Arranger”, “Super Senior Note Trustee”, “Super Senior Creditor”, “Super Senior Noteholder” or “Subordinated Creditor” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

Primary Creditor means the Super Senior Creditors and the Senior Creditors.

Primary Creditor. “Second Lien Agent”, “Second Lien Facility Arranger”, “Second Lien Borrower/Issuer”, “Second Lien Guarantor”, “Second Lien Secured Creditor Representative”, “Second Lien Facility Lender”, “Second Lien Secured Creditor”, “Security Agent”, “Senior Agent”, “Senior Arranger”, “Senior Borrower/Issuer”, “Senior Secured Creditor”, “Senior ▇▇▇▇ ▇▇▇▇▇▇”, “Senior Bridge Lender”, “Senior Secured Creditor Representative”, “Senior Noteholder”, “Senior Notes Trustee”, “Senior Parent Creditor”, “Senior Parent Creditor Representative”, “Senior Parent Noteholder” or “Senior Parent Note Trustee” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

Primary Creditor. “Security Agent”, “Revolving Agent”, “Credit Facility Borrower”, “Super Senior Creditor”, “Super Senior Hedge Counterparty”, “Credit Facility Guarantor”, “Revolving Lender”, “Hedge Counterparty”, “Credit Facility Lender”, “Surety Bond Provider”, “Surety Bond Facility Borrower”, “Surety Bond Facility Guarantor”, or “Subordinated Creditor” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

Primary Creditor means the Senior Secured Creditors, the Second Lien Debt Creditors and the Additional Unsecured Debt Creditors.

Primary Creditor. “Senior Agent”, “Senior Arranger”, “Senior Creditor”, “Senior Facility Creditor”, “Senior Lender”, or “Stream Purchaser” or any other person shall be construed so as to include its permitted successors in title, permitted assigns and permitted transferees to, or of, its rights and/or obligations under the Debt Documents;