Senior Liabilities Transfer definition
Senior Liabilities Transfer means a transfer of the Senior Lender Liabilities and the Operating Facility Liabilities to all or any of the Senior Secured Creditors described in paragraph (a) of Clause 3.8 (Option to purchase: Senior Notes Creditors and Permitted Senior Financing Creditors).
Examples of Senior Liabilities Transfer in a sentence
Senior Financing Creditors) and if, for any reason, a Hedge Transfer cannot be made in accordance with Clause 3.9 (Hedge Transfer: Senior Notes Creditors and Permitted Senior Financing Creditors), no Senior Liabilities Transfer may be required to be made.
Pari Passu Creditors) and if, for any reason, a Super Senior Hedge Transfer cannot be made in accordance with Clause 4.9 (Super Senior Hedge Transfer: Pari Passu Creditors), no Super Senior Liabilities Transfer may be required to be made.