Senior Fixed Obligations definition

Senior Fixed Obligations means all First Priority Lien Obligations other than Revolving Facility Obligations.
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Senior Fixed Obligations has the meaning assigned to such term in the Senior Lender Intercreditor Agreement.
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Examples of Senior Fixed Obligations in a sentence

  • The Senior Lender Intercreditor Agreement defines the relative rights, as lienholders, between the holders of the Revolving Facility Obligations on the one hand and the holders of the Senior Fixed Obligations on the other hand.

  • The Senior Fixed Collateral Intercreditor Agreement allocates the benefits of the Shared Collateral among the holders of the Senior Fixed Obligations (including, from and after the Escrow Release Date, the Obligations).

  • The Senior Fixed Collateral Intercreditor Agreement allocates the benefits of the Shared Collateral among the holders of the Senior Fixed Obligations.

  • From and after the Escrow Release Date, the Senior Lender Intercreditor Agreement shall define the relative rights, as lienholders, between the holders of the Revolving Facility Obligations on the one hand and the holders of the Senior Fixed Obligations (including, from and after the Escrow Release Date, the Obligations) on the other hand.

Related to Senior Fixed Obligations

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

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated in right to the Loan Obligations.

  • Senior Secured Obligations means, (a) with respect to the Term/Notes Priority Collateral, the Second-Priority Lien Obligations and, (b) with respect to the RBL Priority Collateral, the First-Priority Lien Obligations. The First-Priority Lien Obligations shall, collectively, constitute one “Class” of Senior Secured Obligations and the Second-Priority Lien Obligations shall, collectively, constitute a separate “Class” of Senior Secured Obligations.