Senior Secured Creditors definition

Senior Secured Creditors means the Senior Secured Notes Creditors, the Pari Passu Creditors and the Senior Creditors.

Senior Secured Creditors means the GCLAs, the Agents, the Security Agent, the Lenders and the Hedging Counterparties.

Senior Secured Creditors means, collectively, the Administrative Agent, the Senior Lenders and the other Secured Parties and any other holder of any of the Senior Secured Indebtedness.

Examples of Senior Secured Creditors in a sentence

• The Company undertakes to each of the Senior Secured Creditors that it shall comply with the covenants set out in Schedule 5 (Covenants).

• Hedging Agreements), the relevant Senior Secured Creditors, the Debtors and the Security Grantors may amend or waive the terms of the Secured Debt Documents in accordance with their terms (and subject to any Consent required under them) at any time.

• The Intercreditor Agent shall treat the Sharing Payment as if it had been paid by the Company and distribute it between the Senior Secured Creditors (other than the Recovering Senior Secured Creditor) in accordance with this Agreement.

• Any Lender may change its Facility Office provided that the Company shall have no liability (or no increase in liability) under Clause 11 (Tax gross-up and Indemnities) or Clause 12 (Increased costs) which would not exist as at the date of such change but for such change, unless such change was requested by the Company pursuant to Clause 15 (Mitigation by the Senior Secured Creditors).

• Without prejudice to the generality of the preceding sentence, if the provisions of this Clause ‎19 (Equalisation) have been applied before all the Liabilities have matured and/or been finally quantified, the Security Agent may elect to re-apply those provisions on the basis of revised Exposures and the Senior Secured Creditors shall make appropriate adjustment payments amongst themselves.

More Definitions of Senior Secured Creditors

Senior Secured Creditors means the Senior Creditors and the Senior Secured Notes Creditors.

Senior Secured Creditors means the Senior Secured Debt Creditors and the Hedge Counterparties.

Senior Secured Creditors has the meaning given in the Common Terms Agreement.

Senior Secured Creditors has the meaning set out in the Collateral Agency and Account Agreement;

Senior Secured Creditors means the Senior Secured Notes Creditors, provided that for the purposes of any provision of this Agreement relating to Security granted pursuant to the Bezeq Share Pledge or the SP2 Share Pledge, the enforcement thereof or proceeds therefrom, a Senior Secured Notes Creditor shall be deemed to be a Senior Secured Creditor only to the extent that its interests in the Secured Liabilities, directly or indirectly (individually or together with others), do not exceed the limits set forth in Clause ‎2.5(b)(i) (Maximum holdings of Noteholders; maximum interest in certain Security granted to Hedge Counterparties).

Senior Secured Creditors means U.S. Bank National Association, in its capacity as trustee pursuant to the Senior Indenture (on behalf of itself and the holders of the Series 2015 Senior Bonds and any Additional Senior Bonds issued pursuant to the Senior Indenture) and any holders of (and any representatives of) any Other Permitted Senior Secured Indebtedness (as defined in the Collateral Agency and Account Agreement);

Senior Secured Creditors means (i) the syndicate of lenders represented by National Bank of Canada, as lender, administrative agent, collateral agent and hypothecary representative, under the credit agreement entered into on August 11, 2021, with The Lion Electric Company, as borrower, Lion Electric Holding USA Inc., Lion Electric Manufacturing USA Inc., the Lion Electric Co. USA Inc. and Northern Genesis Acquisition Corp., as guarantors as such credit agreement have been amended, restated, supplemented or otherwise modified, from time to time, and (ii) Fonds Finalta Capital,