Second Lien Notes Obligations definition

Second Lien Notes Obligations means Obligations in respect of the Second Lien Notes, the Second Lien Notes Indenture, the subsidiary guarantees and the security documents relating to the Second Lien Notes.

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Second Lien Notes Obligations means Obligations in respect of the Second-Lien Notes or arising under the Second-Lien Note Documents or any of them, including all fees and expenses of the trustee thereunder.

Second Lien Notes Obligations means Debt outstanding under the Second Lien Notes and all other Obligations (not constituting Debt) of the Company or any Guarantor under the Second Lien Notes.

Examples of Second Lien Notes Obligations in a sentence

The “Pro-Rata Share” of a Second Lien Noteholder shall be determined based on the amount of Second Lien Notes Obligations owing to such Second Lien Noteholder as at a record date to be determined, divided by the aggregate amount of Second Lien Notes Obligations owing to all Second Lien Noteholders as at such record date.
As used in this Agreement, “Termination Date” shall mean the date upon which (i) the First Lien Obligations Termination Date shall have then (or theretofore) occurred and (ii) all Senior Second Lien Notes Obligations (other than those arising from indemnities for which no claim has been made) then owing have been paid in full (or been defeased in accordance with the terms of the Senior Second Lien Notes Indenture).
The Second Lien Notes Trustee hereby acknowledges, for itself and on behalf of the Second Lien Notes Secured Parties, that the Second Lien Notes Obligations are subordinate to the First Lien Obligations in accordance with the terms of and as set forth in Article 6 of the Second Lien Notes Indenture and hereunder, and that the First Lien Agent and any First Lien Secured Party are entitled to the full benefit of such subordination and to enforce such provisions.
Neither the Second Lien Notes Trustee nor any Second Lien Notes Secured Party shall take any other action in connection with the Second Lien Notes Obligations in contravention of the terms of this Agreement.
This Agreement is a continuing agreement and shall (a) remain in full force and effect until the Discharge of First Lien Obligations and the Discharge of Second Lien Notes Obligations shall have occurred, (b) be binding upon the Parties and their successors and assigns, and (c) inure to the benefit of and be enforceable by the Parties and their respective successors, transferees and permitted assigns.

More Definitions of Second Lien Notes Obligations

Second Lien Notes Obligations means Obligations under the Notes and the Existing Second Lien Notes and the related indentures, guarantees and the Security Documents.

Second Lien Notes Obligations means all obligations and liabilities of the Borrowers under the Second Lien Notes Facility.

Second Lien Notes Obligations means, with respect to any Grantor, any obligations of such Grantor owed to any Second Lien Notes Secured Party (or any of its Affiliates) in respect of the Second Lien Notes Documents.

Second Lien Notes Obligations shall have the meaning assigned to the term “Secured Obligations” in the Second Lien Notes Indenture.

Second Lien Notes Obligations means Indebtedness incurred pursuant to the Second Lien Notes Documents.

Second Lien Notes Obligations means the principal amount of all Future Second Lien Indebtedness plus any interest, fees, attorneys fees, costs, expenses and indemnities payable on account of such principal amount or otherwise in respect of, or arising under, the Notes Debt Documents related to such Future Second Lien Term Indebtedness, including all fees and expenses of the collateral agent for any Future Second Lien Term Indebtedness plus all interest and expenses accrued or accruing (or that would, absent the commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with and at the rate specified in the relevant Notes Debt Documents to the extent that the claim for such interest or expense is allowed or allowable as a claim in such Insolvency or Liquidation Proceeding.

Second Lien Notes Obligations means all Obligations owing, due, or secured under any of the Second-Lien Notes and any of the other Second-Lien Notes Documents, and all Additional Pari Passu Notes Obligations related thereto, whether now existing or arising hereafter, including all principal, premium, interest, fees, attorneys fees, costs, charges, expenses, reimbursement obligations, indemnities, guarantees, and all other amounts payable under or secured by any Second-Lien Notes Document or Additional Pari Passu Notes Agreement related thereto (including, in each case, all amounts accruing on or after the commencement of any Insolvency or Liquidation Proceeding and all amounts that would have accrued or become due but for the effect of the Insolvency or Liquidation Proceeding and irrespective of whether a claim for all or any portion of such amounts is allowable or allowed in such Insolvency or Liquidation Proceeding).