Second Lien Trustees definition

Second Lien Trustees means the 2006 Second Lien Trustee, the 2009 Second Lien Trustee and any trustee that enters into a joinder to this Agreement pursuant to Section 3.12 hereof, and any successor trustee in accordance with the applicable Junior Lien Document.
Second Lien Trustees means the Second Lien Notes Trustee and the Second Lien PIK Notes Trustee.
Second Lien Trustees means the Convertible Second Lien Trustee and the Non-Convertible Second Lien Trustee.

Examples of Second Lien Trustees in a sentence

  • The fungus was grown aerobically in liquid potato dextrose broth (HiMedia Laboratories Pvt.

  • While the Plan provides that the First and Second Lien Trustees will be granted replacement liens on the EFIH Claims Reserve, it does not appear to bar additional liens on the EFIH Claims Reserve.

  • No Second Lien Trustee or Collateral Agent shall be deemed to have notice of any matter that any other Second Lien Trustee or Collateral Agent, as applicable, has knowledge of, notwithstanding that the institution serving as the Second Lien Trustees and Collateral Agent may be the same or related entities.

  • If any of the Second Lien Trustees or Collateral Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another Person, the successor Person without any further act shall be the successor Non-Convertible Second Lien Trustee, Convertible Second Lien Trustee or Collateral Agent, as applicable.

  • The Employer agrees to pay the full cost of any course of instruction required by the Employer for any employee to better qualify the employee to perform his job.

  • Such Liens shall survive the satisfaction and discharge of this Second Lien Indenture, any termination or rejection of this Second Lien Indenture under any Bankruptcy Law and resignation or removal of each of the Second Lien Trustees or the Collateral Agent.

  • None of the Second Lien Trustees nor the Collateral Agent shall be under any obligation to exercise any of its rights and powers under this Second Lien Indenture or the Second Lien Documents at the request of any Holders, unless such Holder shall have offered to the applicable Second Lien Trustee or the Collateral Agent, as applicable, security or indemnity satisfactory to it against any loss, costs, liability or expense that might be incurred by it in connection with the request or direction.

  • Each of the Second Lien Trustees and the Collateral Agent may have separate counsel and the Company and the Subsidiary Guarantors, jointly and severally, shall pay the reasonable fees and expenses of such counsel.

  • Each of the Second Lien Trustees shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of all Holders of the applicable New Second Lien Secured Notes and shall otherwise comply with TIA § 312(a).

  • Each of the Second Lien Trustees and the Collateral Agent’s compensation shall not be limited by any law on compensation of a trustee of an express trust.


More Definitions of Second Lien Trustees

Second Lien Trustees means Wilmington Trust, National Association, in its capacity as “Trustee” under each of the Second Lien Notes Indentures.
Second Lien Trustees means Wilmington Trust, National Association, in its capacity as “Trustee” under each of the Existing Second Lien Notes Indentures. “Secured Indebtedness” means any Indebtedness secured by a Lien other than Indebtedness with respect to Cash Management Obligations.
Second Lien Trustees means Wilmington Trust, National Association, in its capacity as “Trustee” under each of the Second Lien Notes Indentures. “Secured Existing Notes” means any Existing THI Notes secured by a lien on any assets or property of the Issuer or any of its Subsidiaries.

Related to Second Lien Trustees

  • Second Lien Agent means the administrative agent under the Second Lien Credit Agreement.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

  • Collateral Trustee has the meaning set forth in the preamble.

  • Notes Trustee has the meaning assigned to such term in the Recitals to this Agreement.

  • Second Lien Noteholders means the registered holders, from time to time, of the Second Lien Notes, as determined in accordance with the relevant Second Lien Notes Indenture.

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • Second Lien Secured Parties means the holders of Second Lien Obligations and any Second Lien Debt Representatives.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • Secured Debt Representative means each Parity Lien Representative and each Priority Lien Representative.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • Class Debt Representatives has the meaning assigned to such term in Section 8.09.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • ABL Agent means Bank of America, N.A., acting in its capacity as collateral agent under the ABL Facility, or any successor thereto in such capacity.

  • Debt Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent or representative under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Claimholders means the First Lien Claimholders and/or the Second Lien Claimholders, as the context may require.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Senior Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.