Second Lien Guarantors definition

Second Lien Guarantors means, collectively, (a) the “Guarantors”, as such term is defined in the Indenture, (b) any other person that at any time after the date hereof becomes a party to a guarantee in favor of Second Lien Agent or the Second Lien Holders in respect of any of the Second Lien Debt and (c) their respective successors and assigns.

Second Lien Guarantors means the “Guarantors” (or equivalent) under and as defined in any Second Lien Facilities Agreement and each member of the Group or any Debtor that is a guarantor of the Second Lien Notes in accordance with a Second Lien Notes Indenture.

Second Lien Guarantors means the Non-Korean Guarantors and MSK.

Examples of Second Lien Guarantors in a sentence

• For the avoidance of doubt, the Issuer and the Second Lien Guarantors will also be required to be First Lien Guarantors.

• The Trustee, the Collateral Agent, the Company, the First Lien Guarantors, the Specified Guarantors, the Additional Guarantors and the Second Lien Guarantors hereby acknowledge and agree that, subject to the terms of the Intercreditor Agreements and as further set forth in this Article Fourteen, the Collateral Agent will hold the Collateral for the benefit of the Holders, the Trustee and the Collateral Agent and certain other secured parties pursuant to the terms of the Security Documents.

• Agreement dated as of[[●], 20[●]] hereof among Holdings, the Borrower, certain Subsidiaries of Holdings and the Initial Second Lien Agent (the “Second Lien Guarantee and Collateral Agreement”), the Second Lien Guarantors have agreed to guarantee, inter alia, the payment and performance of the Borrower’s obligations under the Second Lien Documents in respect of the Initial Second Lien Credit Agreement.

• 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.

• Last October 2020, the IACAT Secretariat organized the first webinar learning session to introduce several anti-trafficking initiatives in public procurement policy and supply chain management.

More Definitions of Second Lien Guarantors

Second Lien Guarantors shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any other Person who becomes a guarantor under the Second Lien Guarantee and Collateral Agreement.

Second Lien Guarantors means the entities set forth on Schedule E attached hereto or any Subsidiary of the Company that acquires and directly holds one or more Second Lien Collateral Properties that are Collateral subject to Liens securing the Notes.

Second Lien Guarantors means each of the Credit Parties that provides a Guarantee in respect of any of the Obligations of any other Credit Party under the Second Lien Debt Documents; provided that no Credit Party shall be a “Second Lien Guarantor” unless it is also a First Lien Guarantor.

Second Lien Guarantors has the meaning set forth in the Recitals hereto.

Second Lien Guarantors has the meaning set forth in the recitals to this Agreement and “Second Lien Guarantor” means any one of them.

Second Lien Guarantors means the collective reference to (a) Holdings, the Borrower, each Subsidiary of Holdings other than any Excluded Subsidiary and other than the Borrower, and (b) any other Person that becomes a guarantor under any Second Lien Guaranty.

Second Lien Guarantors shall have the meaning assigned to that term in the Recitals to this Agreement.