Senior Secured Discharge Date definition

Senior Secured Discharge Date means the first date on which all Senior Secured Liabilities have been fully and finally discharged to the satisfaction of each Senior Secured Notes Representative (in the case of the Senior Secured Notes Liabilities), the Senior Agent (in the case of the Senior Lender Liabilities), each Pari Passu Debt Representative (in the case of the Pari Passu Debt Liabilities) and each Hedge Counterparty (in the case of its Hedging Liabilities) (each acting reasonably), whether or not as a result of an enforcement, and the Senior Secured Creditors are under no further obligation to provide financial accommodation to any of the Debtors under any of the Senior Finance Documents, Hedging Agreements, Pari Passu Debt Documents or Senior Secured Notes Finance Documents (as applicable).

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Senior Secured Discharge Date means the first date on which the Senior Discharge Date and the Senior Secured Notes Discharge Date has occurred.

Senior Secured Discharge Date means the first date on which all Senior Secured Liabilities have been fully and finally discharged, whether or not as the result of an enforcement, and the Senior Secured Creditors are under no further obligation to provide financial accommodation to any of the Debtors under any of the Debt Documents;

Examples of Senior Secured Discharge Date in a sentence

Unsecured Finance Parties) or until the later of the Senior Secured Discharge Date and the Second Lien Discharge Date has occurred or unless an Instructing Group otherwise agrees.
Immediately after the Senior Secured Discharge Date, the Debtors will (to the extent permitted by law) fully indemnify each Holding Company Creditor upon demand for the amount of any payment or distribution turned over to the Security Agent under Clause 10.2 (Turnover by the Creditors).
Prior to the Senior Secured Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will, make any Payment of the Cash Management Obligations at any time unless: (a) that Payment is permitted under Section 6.2; or (b) the taking or receipt of that Payment is permitted under Section 6.5.
Prior to the Senior Secured Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will, make any Payment of the Hedging Obligations at any time unless, (a) that Payment is permitted under Section 4.3; or (b) the taking or receipt of that Payment is permitted under Section 4.8(c).

More Definitions of Senior Secured Discharge Date

Senior Secured Discharge Date means the Senior Secured Notes Discharge Date.

Senior Secured Discharge Date means the latest of:

Senior Secured Discharge Date means the first date on which all of the following have occurred, whether or not as a result of enforcement: (i) the Credit Facility Discharge Date; (ii) each Hedge Counterparty being satisfied that the Hedging Liabilities in respect of it have been fully and finally discharged; (iii) the Senior Secured Notes Discharge Date; (iv) the Pari Passu Debt Discharge Date; and (v) the Senior Secured Creditors being under no further obligation to provide financial accommodation to any of the Debtors under any of the Senior Secured Finance Documents.

Senior Secured Discharge Date means the first date on which all Senior Secured Liabilities have been fully and finally discharged to the satisfaction of the relevant Creditor Representative(s) (in the case of the Senior Secured Creditor Liabilities), whether or not as the result of an enforcement, and the Senior Secured Creditors are under no further obligation to provide financial accommodation to any of the Debtors under the Senior Secured Debt Documents.