Second Lien Liabilities definition

Second Lien Liabilities means the Second Lien Notes Liabilities and the Second Lien Loan Liabilities.
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Second Lien Liabilities means the Second Lien Lender Liabilities and the Second Lien Notes Liabilities.
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Second Lien Liabilities means any Permitted Second Lien Financing Liabilities.
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Examples of Second Lien Liabilities in a sentence

  • Any reference to Topco Notes (whether denominated in EUR or USD equivalent) may be replaced in full by the Company’s sole discretion by an equivalent Second Lien Facility instead which shall constitute Second Lien Liabilities under the Precedent Intercreditor Agreement.

  • Second Lien Creditors‌ Subject to Clause 7.11 (Permitted Enforcement: Second Lien Creditors), until the Senior Secured Liabilities Discharge Date has occurred no Second Lien Creditor shall be entitled to take any Enforcement Action in respect of any of the Second Lien Liabilities.

  • Second Lien Liabilities) to 7.4 (Effect of Second Lien Payment Stop Event or Common Senior Secured Payment Default) inclusive even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

  • To the extent InTarget may not, as a matter of applicable law, disclaim certain implied warranties, the duration of any such implied warranty shall be limited to the minimum time period permitted under such law.

  • Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities) and Clause 5 (Second Lien Secured Creditors and Second Lien Liabilities), the Parent and the Debtors may make Payments of the Super Senior Liabilities and the Senior Liabilities at any time.

  • Second Lien Liabilities) to 5.4 (Effect of Second Lien Payment Stop Notice or Senior Payment Default) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

  • Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities) and Clause 5 (Second Lien Secured Creditors and Second Lien Liabilities), the Parent and the Debtors may make Payments of the Senior Liabilities at any time.


More Definitions of Second Lien Liabilities

Second Lien Liabilities means, in respect of a Second Lien Financing, the Liabilities owed by any Debtors to the relevant Second Lien Creditors under or in connection with the Second Lien Finance Documents in respect of such Second Lien Financing.
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Second Lien Liabilities has the meaning given to that term in the Intercreditor Agreement.
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Second Lien Liabilities has the meaning given to that term in the Intercreditor Agreement. "Second Lien Notes" means the notes issued under the Second Lien Notes Indenture.
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Related to Second Lien Liabilities

  • Subordinated Liabilities means liabilities subordinated to the Borrower’s obligations to Lender in a manner acceptable to Lender in its sole discretion.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • Senior Liabilities means the Senior Lender Liabilities and the Hedging Liabilities.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Senior Higher Priority Liabilities means any obligations in respect of principal of the Issuer under any Notes and any other unsecured and unsubordinated obligations (créditos ordinarios) of the Issuer, other than the Senior Non Preferred Liabilities; and

  • Guaranty Obligations means, with respect to any Person, without duplication, any obligations of such Person (other than endorsements in the ordinary course of business of negotiable instruments for deposit or collection) guaranteeing or intended to guarantee any Indebtedness of any other Person in any manner, whether direct or indirect, and including without limitation any obligation, whether or not contingent, (a) to purchase any such Indebtedness or any property constituting security therefor, (b) to advance or provide funds or other support for the payment or purchase of any such Indebtedness or to maintain working capital, solvency or other balance sheet condition of such other Person (including without limitation keep well agreements, maintenance agreements, comfort letters or similar agreements or arrangements) for the benefit of any holder of Indebtedness of such other Person, (c) to lease or purchase property, securities or services primarily for the purpose of assuring the holder of such Indebtedness, or (d) to otherwise assure or hold harmless the holder of such Indebtedness against loss in respect thereof. The amount of any Guaranty Obligation hereunder shall (subject to any limitations set forth therein) be deemed to be an amount equal to the outstanding principal amount (or maximum principal amount, if larger) of the Indebtedness in respect of which such Guaranty Obligation is made.

  • Seller Obligations means all present and future indebtedness, reimbursement obligations, and other liabilities and obligations (howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or due or to become due) of the Seller to any Purchaser Party, Seller Indemnified Party and/or any Affected Person, arising under or in connection with this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, and shall include, without limitation, all obligations of the Seller in respect of the Seller Guaranty and the payment of all Capital, Yield, Fees and other amounts due or to become due under the Transaction Documents (whether in respect of fees, costs, expenses, indemnifications or otherwise), including, without limitation, interest, fees and other obligations that accrue after the commencement of any Insolvency Proceeding with respect to the Seller (in each case whether or not allowed as a claim in such proceeding).

  • Hedging Liabilities means the Liabilities owed by any Debtor to the Hedge Counterparties under or in connection with the Hedging Agreements.