Second Priority Creditors definition

Second Priority Creditors means the “Holders” as defined in the Second Priority Agreement and any holder of a Second Lien Note, the Second Priority Representatives or any Persons that are designated under the Second Priority Agreement as the “Second Priority Creditors” for purposes of this Agreement.
Second Priority Creditors means the “Holders”, as defined in the Second Priority Debt Agreement.
Second Priority Creditors means the “Secured Creditors” as defined in the Existing Second Priority Agreement, the “Lenders” as defined in each other Second Priority Agreement, or any Persons that are designated under the Second Priority Agreement as the “Second Priority Creditors” for purposes of this Agreement.

Examples of Second Priority Creditors in a sentence

  • In order to effectuate the foregoing, the First Priority Agent shall calculate, upon the written request of the Second Priority Agent (acting at the direction of one or more Second Priority Creditors) from time to time, the amount in cash that would be necessary so to purchase the First Priority Obligations.

  • The Second Priority Agent, for itself or on behalf of any such Second Priority Creditors, promptly shall execute and deliver to the First Priority Agent or such Grantor such termination statements, releases and other documents as the First Priority Agent or such Grantor may reasonably request to effectively confirm such release.

  • The data collected is to be used as the basis for creating the concrete strategy to ensure that customary practices, including in- formal systems for the settlement of disputes, are better integrated into the Lao legal system - or can be combined with it, so as to respect the cultural traditions of the various ethnic groups, but also in line with the general principles of a Rule of Law state.

  • The New First Priority Agent shall agree in a writing addressed to the Second Priority Agent and the Second Priority Creditors to be bound by the terms of this Agreement.

  • Until the Discharge of First Priority Obligations has occurred, the Second Priority Agent, on behalf of itself and the Second Priority Creditors, agrees that it shall not seek (or support any other Person seeking) relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of the Collateral, without the prior written consent of the First Priority Agent.


More Definitions of Second Priority Creditors

Second Priority Creditors means the “Secured Parties,” as defined in the Second Priority Debt Agreement.
Second Priority Creditors means [Supplier], [___] and its successors and assigns.
Second Priority Creditors means the “Lenders” as defined in the PPC Credit Agreement, or any Persons that are designated under the PPC Credit Agreement as the “Second Priority Creditors” for purposes of this Agreement.
Second Priority Creditors means the "Lenders" as defined in the Second Priority Agreement, or any Persons that are designated under the Second Priority Agreement as the "Second Priority Creditors" for purposes of this Agreement.
Second Priority Creditors means each "Secured Party" as defined in the Indenture or any other Second Priority Agreement, the Second Priority Representatives or any Persons that are designated under the Second Priority Agreement as the "Second Priority Creditors" for purposes of the Intercreditor Agreement (in each case, solely in their capacity as such).
Second Priority Creditors means AmerisourceBergen Drug Corporation, a Delaware corporation, and its successors and assigns.
Second Priority Creditors means the Second-Priority Trustee, the Second-Priority Collateral Agent and the “Holders” (as defined in the Second-Priority Indenture), or any Persons that are designated under the Second-Priority Documents as creditors entitled to benefit from the Liens on the Second-Priority Collateral under the Second-Priority Security Documents.