Examples of Second Lien Note Purchase Agreement in a sentence
Capitalized terms used herein without definition shall have the meanings set forth in the Second Lien Note Purchase Agreement.
The Amended and Restated Second Lien Note Purchase Agreement includes an Accordion Facility of $10 million, subject to similar terms as those described above for the First Lien Note Purchase Agreement.
The Agent shall have received a copy of a forbearance agreement (the “Second Lien Forbearance Agreement”) executed and delivered by the Second Lien Agent and the Second Lien Noteholders whose consent is required pursuant to the Second Lien Note Purchase Agreement, which Second Lien Forbearance Agreement shall be in form and substance satisfactory to the Agent and the Required Lenders.
Unless otherwise indicated, capitalized terms used but not defined herein shall have the meaning given such terms in the First Lien Credit Agreement as in effect as of the date hereof; and, if not defined therein, such terms shall have the meaning given such terms in the Second Lien Note Purchase Agreement as in effect as of the date hereof.
The Borrower will not, as of the last day of any fiscal quarter, commencing with the quarter ending March 31, 2018, permit the ratio of (i) its consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under ASC 815) to (ii) its consolidated current liabilities (excluding non-cash obligations under ASC 815, and current maturities under this Agreement and the Second Lien Note Purchase Agreement) to be less than 1.0 to 1.0.