Required Second Lien Consent definition

Required Second Lien Consent means, in relation to any proposed matter, step or action (the “Second Lien Proposed Action”), the prior consent of:
Required Second Lien Consent means, in relation to any proposed matter, step or action (the “Proposed Action”), the prior consent of:
Required Second Lien Consent means, in relation to any proposed matter, step or action (the "Proposed Action") if any Permitted Second Lien Financing Debt has been incurred and the Proposed Action is prohibited by the terms of the relevant Permitted Second Lien Financing Agreement, the prior consent of the Majority Permitted Second Lien Financing Creditors or the Creditor Representative in respect of that Permitted Second Lien Financing Debt. A44420063

More Definitions of Required Second Lien Consent

Required Second Lien Consent means, in relation to any proposed matter, step or action taken prior to the Second Lien Discharge Date (the "Second Lien Proposed Action"):

Related to Required Second Lien Consent

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Required Consent has the meaning set forth in Section 4.4.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Lender Consent means any lender consent delivered by a Lender on the Closing Date in the form of Exhibit 4.1(a).

  • Second Lien Noteholders means the holders of Second Lien Notes.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Debt Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Permitted Second Priority Refinancing Debt secured Indebtedness incurred by the Borrower in the form of one or more series of second lien secured notes or second lien secured loans; provided that (i) such Indebtedness is secured by the Collateral on a second lien, subordinated basis to the Obligations and is not secured by any property or assets of the Borrower or any of its Subsidiaries other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect of Term Loans, (iii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (iv) the security agreements relating to such Indebtedness are substantially the same as the Security Documents (with such differences as are reasonably satisfactory to the Administrative Agent; provided that such differences are not more favorable to the investors in such secured Indebtedness), (v) such Indebtedness is not also incurred by or guaranteed by any Subsidiaries of the Borrower other than the Subsidiary Guarantors and is not incurred by or guaranteed by any other Person, (vi) an agent or representative acting on behalf of the holders of such Indebtedness (a “Second Lien Agent”) shall have become party to an intercreditor agreement in form and substance satisfactory to the Administrative Agent (the “Second Lien Intercreditor Agreement”); provided that, if such Indebtedness is the initial Permitted Second Priority Refinancing Debt incurred by the Borrower, then the Borrower, the Subsidiary Guarantors, the Administrative Agent and the Second Lien Agent for such Indebtedness shall have executed and delivered the Second Lien Intercreditor Agreement, (vii) the other terms and conditions of such secured Indebtedness are on the whole substantially identical to, or less favorable to the investors providing such secured Indebtedness, than those applicable to the Refinanced Debt (except for (x) pricing, fees, rate floors and prepayment or redemption premiums, which shall reflect market terms and conditions at the time of incurrence or issuance, (y) covenants or other provisions applicable only to periods after the date that is 91 days after the Latest Maturity Date that is in effect on the date such Indebtedness is issued, incurred or obtained and (z) differences that reflect the nature of such secured debt as fixed or floating rate securities), and (viii) a Responsible Officer shall have certified compliance with the foregoing requirements and that the incurrence of such Indebtedness complies with Section 6.2.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • Affirmative consent means affirmative, conscious, and voluntary agreement to engage in sexual activity.

  • Ceiling Lien City Purpose: Prod Code: Curr CLTV: Prin Maturity Cr. Cr. 3352810 CA 180 14 $234,285.00 2.63 40 000000000000000 23727 Xxxxxxxx Xxxxxx 00 000 0 $318,400.00 04/03/2000 24.00 2 Xxxxxxxx Xxxxx 00000 3 12.13 100 $21,410.00 04/03/2015 $83,900 744 3352060 CA 180 09 $155,687.00 10/10/2000 1.50 34 106990000352060 11552 BIG XXXX XXX 00 000 0 $325,000.00 04/03/2000 24.00 2 GOLD RIVER 95670 3 8.5 74 $78,000.00 04/03/2015 $84,000 677 3362349 MI 180 14 $80,000.00 07/03/2000 4.00 29 126990000362349 0000 XXXXXXXXX XXXXXX 02 176 1 $100,000.00 04/03/2000 18.00 2 XXXXXXXXXXXX 00000 1 13.5 95 $14,670.73 04/03/2015 $15,000 641 3352068 CA 180 14 $342,000.00 10/10/2000 2.13 41 106990000352068 1143 XXX XXXXXXXX 01 176 1 $427,500.00 04/03/2000 18.00 2 CAMARILLO 93012 1 8.5 95 $33,481.72 04/03/2015 $64,100 744 3352809 MD 180 09 $273,000.00 1.63 28 124990000352809 3511 Xxxxxxx Xxxxxx Xxxx 00 000 0 $380,000.00 04/03/2000 24.00 2 Davidsonville 21035 3 11.13 90 $67,999.10 04/03/2015 $69,000 705 3361329 MA 300 14 $217,512.00 10/03/2000 1.50 39 125990000361329 0 Xxxxxxxx Xxx 02 296 1 $330,000.00 04/03/2000 18.00 2 Woburn 01801 2 8.5 88 $69,027.26 04/03/2025 $70,000 733 3322940 CA 180 14 $315,200.00 10/03/2000 1.00 40 106990000322940 5179 Xxxxxxx Xxxxx 00 000 0 $394,000.00 04/03/2000 18.00 2 San Diego 92124 1 8.5 95 $59,100.00 04/03/2015 $59,100 735 3390293 CO 180 14 $140,782.00 3.75 48 108990000390293 0000 Xxxx Xxxxxxxx Xxxxxx 02 176 1 $180,000.00 04/03/2000 18.00 2 Littleton 80128 1 13.25 100 $36,880.04 04/03/2015 $39,200 714 3401349 CA 180 14 $339,800.00 07/03/2000 2.13 43 106990000401349 00000 Xxxxxxx Xxxxx 01 176 1 $424,767.00 04/03/2000 18.00 2 Xxxxxx Xxxxxxxxx 00000 1 11.63 95 $62,962.31 04/03/2015 $63,700 725 3397031 CA 300 14 $258,308.00 07/07/2000 0.50 39 106990000397031 0000 Xxxxxxxx Xxx 02 296 1 $385,000.00 04/03/2000 18.00 2 Livermore 94550 2 10 80 $48,276.31 04/03/2025 $49,000 708 3398843 TN 180 14 $208,229.00 3.75 32 147990000398843 485 Tennessee 02 176 1 $282,000.00 04/03/2000 14.00 0 Xxxxxx Xxxxxxx 37330 1 13.25 100 $58,566.98 04/03/2015 $71,000 716 3398213 CA 180 14 $226,300.00 10/03/2000 2.63 50 106990000398213 0 Xxxx Xxxxx 01 176 1 $282,900.00 04/03/2000 18.00 2 Oceanside 92057 1 8.5 95 $41,378.18 04/03/2015 $42,400 729 Page 95 of 318

  • Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Required Purchasers means the Purchasers holding a majority of the Registrable Securities.

  • Second Lien Debt means the indebtedness under the Second Lien Indenture Notes issued on the date hereof and guarantees thereof and all additional indebtedness incurred under any Additional Second Lien Documents and all additional indebtedness in respect of Additional Notes and guarantees thereof, in each case, that was permitted to be incurred and secured in accordance with the Secured Debt Documents and with respect to which the requirements of Section 4.04(b) have been (or are deemed) satisfied, and all Indebtedness incurred under any Second Lien Substitute Facility.

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Required Party has the meaning set forth in Section 4.03 of this Agreement.

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Priority Lien Cap means, as of any date, the maximum aggregate principal amount of Indebtedness permitted to be incurred by clause (1) of the definition of Permitted Debt. For purposes of this definition, all letters of credit will be valued at the face amount thereof, whether or not drawn.