Second Lien Borrower definition

Second Lien Borrower means any person that is defined as a “Borrower” in a Second Lien Facilities Agreement provided that such person is an entity which:
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Second Lien Borrower means HBI Branded Apparel Limited, Inc., a Delaware corporation, as borrower under the Second Lien Financing Agreement.
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Second Lien Borrower has the meaning given to the term “Borrower” in the Second Lien Facility Agreement.
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Examples of Second Lien Borrower in a sentence

  • The Prepetition Second Lien Loan Agreement provided the Prepetition Second Lien Borrower with, among other things, Prepetition Second Lien Loans.

  • Xxxxxx Title: Senior Vice President and Controller SEARS HOLDINGS CORPORATION, as Second Lien Borrower and Guarantor By: /s/ Xxxxxxx X.

  • Each domestic Second Lien Borrower also guarantees the obligations of the Canadian Second Lien Borrower and each Canadian Second Lien Guarantor guarantees the obligations of the Canadian Second Lien Borrower.

  • The indebtedness of each domestic Second Lien Borrower is unconditionally guaranteed by each other domestic Second Lien Borrower and by the Second Lien Guarantors which are domestic subsidiaries and such guaranty is secured by a lien on substantially all of the assets of each Second Lien Borrower and each Second Lien Guarantor.

  • Any and all such Liens securing the First Lien Obligations shall be and remain senior in right, priority, operation and effect to any Liens securing Second Lien Obligations for all purposes, whether or not any such Liens securing First Lien Obligations are subordinated in any respect to any other Liens securing other indebtedness of First Lien Borrowers, Second Lien Borrower or any other Loan Party.

  • INFORMATION OF THE COMPANY The Company is mainly engaged in the development, manufacture and sales of bulk pharmaceuticals, preparations and chemicals products.

  • Notwithstanding anything herein to the contrary, no provision of this Section 6.2 shall have any effect on the obligations of the Second Lien Borrower under the Second Lien Indenture with respect to any such amendments.

  • Comments and suggestions are welcome and can be addressed to the Company by mail to the Company’s Hong Kong office at 23/F, Sunshine Plaza, 353 Lockhart Road, Wanchai, Hong Kong (marked for the attention of the Company Secretary), or by email at dennis.pang@ibotech.com.cn.

  • During the term of any such Permitted Second Lien, Borrower shall provide Lender, without cost to Lender, with annual estoppel certificates, stating the then correct balance of Bank Debt, the current interest rate on the Bank Debt, and the remaining amortization schedule for the Bank Debt of the then current year.

  • I told my family that the boy is decent and after my brother met him my family agreed to the marriage”.• “There were fights in the family regarding our intention to marry and we experienced mental torture and fear from relatives who threatened us, but still we married”.• “Initially, I agreed to my relative’s opposition to our marriage.


More Definitions of Second Lien Borrower

Second Lien Borrower means the Parent, any Financing Vehicle, Lux Xxxxx, Bidco, any Holding Company of Bidco which is a member of the Group, (if applicable) the US Co-borrower (as co-borrower on a joint and several basis with any of the foregoing), any other member of the Group which is a borrower or issuer of Second Lien Liabilities as at the Closing Date and (after the Senior Lender Discharge Date) any other person that becomes a borrower or issuer of Second Lien Liabilities.
Sample 1
Second Lien Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
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Related to Second Lien Borrower

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

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • Second Lien Loan Documents means the “Loan Documents” as defined in the Second Lien Credit Agreement.

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

  • First Lien Indebtedness means the Indebtedness under the First Lien Indebtedness Documents.

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

  • DIP Lender means a lender under the DIP Facility.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Second Lien Bank Loan means a Bank Loan (other than a First Lien Bank Loan and a Last Out Loan) that is entitled to the benefit of a first and/or second lien and first and/or second priority perfected security interest on all or substantially all of the assets of the respective borrower and guarantors obligated in respect thereof.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Foreign Borrower has the meaning specified in the introductory paragraph hereto.

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

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Consolidated First Lien Secured Debt means Consolidated Total Debt as of such date that is not Subordinated Indebtedness and is secured by a Lien on all of the Collateral that ranks on an equal priority basis (but without regard to the control of remedies) with Liens on all of the Collateral securing the Obligations.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

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