Examples of Second Lien Note Obligations in a sentence
Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay the Term Obligations, the First Lien Note Obligations, the Second Lien Note Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
No Party has any responsibility for keeping any other Party informed of the financial condition of the Credit Parties or of other circumstances bearing upon the risk of nonpayment of the Term Obligations, the First Lien Note Obligations, the Second Lien Note Obligations or any Additional Obligations, as applicable.
A Second Lien Noteholder Pro-Rata Share shall be calculated by dividing (i) the amount of Second Lien Note Obligations owing to a Second Lien Noteholder as at the Effective Date, by (ii) the aggregate amount of Second Lien Note Obligations owing to all Second Lien Noteholders as at the Effective Date.