Second Lien Financing Agreement definition
Examples of Second Lien Financing Agreement in a sentence
Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Second Lien Financing Agreement.
The Borrower will not amend, restate, supplement or otherwise modify the Second Lien Financing Agreement except for those amendments, restatements, supplements or other modifications that are permitted to be made under the Intercreditor Agreement.
Notwithstanding the foregoing, any provisions of any Second Lien Financing Agreement that establish any interest rate shall not be subject to the foregoing requirements.
The Second Lien Agent is entering into this Amendment at the direction of the Lenders under the Second Lien Financing Agreement.
The Company covenants that, during the period this Warrant is outstanding, it will reserve from its authorized and unissued Common Stock, free of preemptive rights, a sufficient number of shares equal to two times the number of Warrant Shares issuable under the Second Lien Financing Agreement to all Purchasers thereunder (without regard to any limitations on exercise hereof or thereof, including without limitation, the Beneficial Ownership Limitation).
Until the date upon which the Discharge of First Lien Obligations shall have occurred, without the prior written consent of the First Lien Agent, no Second Lien Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or modification, or the terms of any new Second Lien Financing Agreement or Second Lien Collateral Document, would contravene any of the terms of this Agreement.
If an Event of Default under and as defined in the Second Lien Financing Agreement or any other Second Lien Document shall occur or exist which has not been cured or waived by the Second Lien Lender in accordance with the Second Lien Financing Agreement, provided that the Agent or the Lenders have not taken any action relation to such default prior to the same being cured or waived.