Second Lien Guarantor definition

Second Lien Guarantor has the meaning given to the term “Guarantor” in the Second Lien Facility Agreement.

Second Lien Guarantor means any one of them.

Second Lien Guarantor means each Person that is (or hereafter becomes) a guarantor of the Second Lien Obligations pursuant to the Second Lien Documents. Upon becoming a guarantor thereunder such Person shall automatically be deemed to be a Second Lien Guarantor for all purposes hereunder.

Examples of Second Lien Guarantor in a sentence

• Upon such execution and delivery, such Subsidiary or parent will become a First Lien Guarantor and Second Lien Guarantor hereunder with the same force and effect as if originally named as a First Lien Guarantor and Second Lien Guarantor herein.

• Foresight agrees that, if any Subsidiary or Parent shall, in accordance with any of the Secured Debt Documents, become a First Lien Guarantor, Second Lien Guarantor or Third Lien Guarantor, after the date hereof, it will promptly cause such Subsidiary or Parent to become party hereto by executing and delivering an instrument in the form of Annex I.

• Stone Energy agrees that, if any Subsidiary or direct or indirect parent of Stone Energy shall, in accordance with any of the Secured Debt Documents, become a First Lien Guarantor or Second Lien Guarantor after the date hereof, it will promptly cause such Subsidiary or parent to become party hereto by executing and delivering an instrument in the form of Annex I.

• NTD: For the avoidance of doubt, each Second Lien Guarantor will also be required to be a First Lien Guarantor.

• Upon such execution and delivery, such Subsidiary or Parent will become a First Lien Guarantor, Second Lien Guarantor and Third Lien Guarantor hereunder with the same force and effect as if originally named as a First Lien Guarantor, Second Lien Guarantor and Third Lien Guarantor herein.

• NTD: For the avoidance of doubt, each First Lien Guarantor will also be required to be a Second Lien Guarantor.

• The Second Lien Agent and the other Second Lien Secured Parties may, in accordance with the terms of the Second Lien Documents and applicable law, enforce rights and exercise remedies against the Borrower and any Second Lien Guarantor as unsecured creditors; provided that no such action is otherwise inconsistent with the terms of this Agreement.

More Definitions of Second Lien Guarantor

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 Xxxx Xxxxxx”, “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;

Second Lien Guarantor means, in respect of any Permitted Second Lien Financing Debt, any guarantor of such Permitted Second Lien Financing Debt.

Second Lien Guarantor means each Group Company which is or becomes a guarantor of any Second Lien Liabilities in accordance with a Second Lien Finance Document;

Second Lien Guarantor means each Subsidiary Guarantor that has or may from time to time hereafter execute and deliver a Series A Guaranty or Series B Guaranty and, in the case of the Series B Guaranty, CIT.

Second Lien Guarantor means each member of the Group and each Debtor in each case that provides a guarantee in favour of any Second Lien Debt Creditor in connection with any Second Lien Debt Liabilities.

Second Lien Guarantor means a Second Lien Facility Guarantor or a Second Lien Notes Guarantor.