Senior Credit Parties definition

Senior Credit Parties means any two or more of them, collectively.
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Senior Credit Parties means, as to each Guarantor, the Credit Parties party to the Loan Documents governing such Guarantor’s Senior Indebtedness which (a) as to Dex East, shall be the Dex East Credit Parties, (b) as to Dex West, shall be the Dex West Credit Parties, (c) as to RHDI, shall be the RHDI Credit Parties and (d) as to SuperMedia, shall be the SuperMedia Credit Parties.
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Senior Credit Parties shall have the same meaning as "Credit Parties," as defined herein.
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Examples of Senior Credit Parties in a sentence

  • For greater certainty and without limiting the foregoing, each Loan Party hereby confirms that the existing security interests granted by such Loan Party in favor of the Senior Credit Parties pursuant to the Loan Documents in the Collateral described therein shall continue to secure the obligations of the Loan Parties under the Credit Agreement and the other Loan Documents as and to the extent provided in the Loan Documents.

  • This Section 5 defines the relative rights of the Subordinated Credit Parties and the Senior Credit Parties as to any Guarantor.

  • Each Subordinated Credit Party by accepting the benefit of this Agreement hereby authorizes and directs the Subordinated Guarantee Agent on such Subordinated Credit Party’s behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination between the Subordinated Credit Party and the Senior Credit Parties as provided in this Section 5 and appoints the Subordinated Guarantee Agent as attorney-in-fact for any and all such purposes.

  • Subject to the rights of the holders of Permitted Liens, the Borrower shall not, and shall not permit any of its Restricted Subsidiaries to take, or knowingly or negligently omit to take, any action which action or omission would or could reasonably be expected to have the result of materially impairing the security interest with respect to the Collateral for the benefit of the Collateral Agent, the Administrative Agent and the Senior Credit Parties, except as otherwise permitted under this Agreement.

  • Each Lender (on behalf of itself and any Senior Credit Parties that may be its Affiliate): (a) consents to the subordination of Liens provided for in the Intercreditor Agreement and (b) agrees that it will be bound by and will take no actions contrary to the provisions of the Intercreditor Agreement or the Collateral Agency Agreement.

  • In performing their respective functions and duties hereunder and under the other Loan Documents, (i) the Administrative Agent is acting solely on behalf of the Lenders and the L/C Issuers except to the limited extent provided in Section 10.07(c), and (ii) the Collateral Agent is acting solely on behalf of the Senior Credit Parties, and each of their respective duties are entirely administrative in nature.

  • The Guaranty Parties shall have the right to seek contribution from any non-paying Guaranty Party so long as the exercise of such right does not impair the rights of the Senior Credit Parties under the Guarantees.

  • The rights and remedies of the Administrative Agent, any other Agent, and the Senior Credit Parties hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have.

  • The New Guarantor represents and warrants to the Administrative Agent and the other Senior Credit Parties that this Guaranty Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

  • Each Guaranty Party agrees that it shall not be entitled to any right of subrogation in relation to the Senior Credit Parties in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby.


More Definitions of Senior Credit Parties

Senior Credit Parties means the Credit Parties other than the Tranche C Lenders.
Sample 1
Senior Credit Parties none of the Tranche C Lenders shall be entitled to any right of subrogation, exoneration, reimbursement or contribution in respect of any of the Tranche C Obligations.
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Related to Senior Credit Parties

  • U.S. Credit Parties means, collectively, the US Borrowers and the US Subsidiary Guarantors.

  • Credit Parties means the Borrower and the Guarantors.

  • Senior Credit Documents means the collective reference to the Credit Agreement, the notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented or otherwise modified from time to time.

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Bank, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 12.7, any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Note Parties means, collectively, the Issuer and each Guarantor.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Second Lien Secured Parties means, at any relevant time, the holders of Second Lien Obligations at such time, including without limitation the Second Lien Lenders and the agents under the Second Lien Credit Agreement.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • 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.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • ABL Secured Parties means the ABL Representative, the ABL Creditors and any other holders of the ABL Obligations.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Senior Loan Documents means the loan agreement between Borrower and Senior Creditor and any other agreement, security agreement, document, promissory note, UCC financing statement, or instrument executed by Borrower in favor of Senior Creditor pursuant to or in connection with the Senior Debt or the loan agreement, as the same may from time to time be amended, modified, supplemented, extended, renewed, restated or replaced.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Senior Lender means each holder of a Senior Note.

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.