Second Lien Term Lenders definition

Second Lien Term Lenders means the lenders from time to time party to the Second Lien Term Loan Facility.
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Second Lien Term Lenders means any Person or Entity party to the Second Lien Credit Agreement as “Lender” thereunder.
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Second Lien Term Lenders means “Lenders” as defined in the Second Lien Credit Agreement.
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Examples of Second Lien Term Lenders in a sentence

  • Name of Company / Close Corporation orPartnership / Joint Venture / Consortium orIndividual /Sole Proprietor Trading as (if different from above) Company / Close Corporation registration number (if applicable) Postal address Postal Code Physical address (Chosen domicilium citandi et executandi) Postal Code Contact details of the person duly authorised to represent the tendererName: Mr/Ms (3) FORM OF OFFER AND ACCEPTANCE TENDER NO.

  • The Second Lien Collateral Agent hereby agrees that it shall not enter into or consent to any waiver, amendment, or modification of the Intercreditor Agreement or the Second Lien Security Documents (as defined in the Intercreditor Agreement) without the prior written consent of the Required Second Lien Term Lenders.

  • The Second Lien Collateral Agent shall in all cases be fully protected in acting, or in refraining from acting, under the Credit Agreement and the other Loan Documents in accordance with a request of the Administrative Agent, and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Second Lien Term Lenders and all future holders of the Second Lien Term Loans.

  • The Incremental Term Facility Maturity Date for the Second Lien Term Loans shall be October 15, 2017, and on such date the Borrower shall repay to the Administrative Agent for the ratable account of the Second Lien Term Lenders the aggregate principal amount of all Second Lien Term Loans then outstanding.

  • Claims will consent to the Company’s use of cash collateral of the First Lien Senior Secured Noteholders and Second Lien Term Lenders to fund the Chapter 11 Cases on the terms set forth in the Cash Collateral Orders, which shall be in form and substance acceptable to the Company and the Required Consenting First Lien Noteholders and reasonably acceptable to the Required Consenting Second Lien Term Lenders.

  • Each payment (other than prepayments) in respect of principal or interest in respect of the Second Lien Term Loans or New Term Loans and each payment in respect of fees payable hereunder shall be applied to the amounts of such obligations owing to the Second Lien Term Lenders or New Term Lenders, as applicable, pro rata according to the respective amounts then due and owing to such Lenders, other than payments pursuant to Section 2.11(b) or 2.24.

  • Default Interest: After the occurrence and during the continuance of any Event of Default, the Second Lien Agent may, and shall at the request by a majority of the Second Lien Term Lenders, apply a default rate of interest of 2.00% above the then applicable interest rate specified above.

  • Under the Rights Offering, the Prepetition Second Lien Term Lenders and Prepetition Sponsor Second Lien Term Lenders will have the opportunity to purchase, on a pro rata basis, 75% of the equity in reorganized Fieldwood Energy Inc.

  • The Borrower further agrees that its agreements in this paragraph may be specifically enforced by the Second Lien Term Lenders or any of them.

  • The Rights Offering will be backstopped by certain Prepetition Second Lien Term Lenders and Prepetition Sponsor Second Lien Term Lenders (in such capacity, the “Backstop Parties”), in consideration for which the Backstop Parties will receive an amount of shares equal to 4.5% ofthe New Equity Interests issued pursuant to the Rights Offering.


More Definitions of Second Lien Term Lenders

Second Lien Term Lenders shall have the meaning assigned to such term in the second WHEREAS paragraph hereof.
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Second Lien Term Lenders means the lenders from time to time party to
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Second Lien Term Lenders and “Second-Lien Termination Date” in appropriate alphabetical order:
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Second Lien Term Lenders means a lender having a commitment or credit exposure under the Second Lien Term Loan Credit Agreement.
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Second Lien Term Lenders. “Second-Lien Term Loans,” “Second-Lien Termination Date,” “Specified MLP Assets,” “Subject Acquisition Closing Date,” “Three Year Strip Price,” “Total Debt” and “Total Secured Debt” in appropriate alphabetical order:
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Related to Second Lien Term Lenders

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Original Closing Date, among Holdings, the Borrower, as borrower, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent, as such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • New Term Lender a Lender that has a New Term Loan.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.