Series of Priority Lien Debt definition

Series of Priority Lien Debt means, severally, the Indebtedness outstanding under the Credit Agreement and any other Credit Facility that constitutes Priority Lien Debt.

Series of Priority Lien Debt means, severally, each series of the Notes and each other issue or series of Priority Lien Debt for which a single transfer register is maintained.

Series of Priority Lien Debt means, severally, any Credit Facility and any other Indebtedness that constitutes Priority Lien Obligations for which a single transfer register is maintained.

Examples of Series of Priority Lien Debt in a sentence

• Promptly following the Discharge of Priority Lien Obligations with respect to one or more Series of Priority Lien Debt, each Priority Lien Representative with respect to each applicable Series of Priority Lien Debt that is so discharged will provide written notice of such discharge to the Collateral Trustee and to each other Secured Debt Representative.

• Following and in accordance with the outcome of the applicable vote under its Priority Lien Documents, the Priority Lien Representative of each Series of Priority Lien Debt will vote the total amount of Priority Lien Debt under that Series of Priority Lien Debt as a block in respect of any vote under this Agreement.

• In connection with any matter under this Agreement requiring a vote of holders of Priority Lien Debt, each Series of Priority Lien Debt will cast its votes in accordance with the Priority Lien Documents governing such Series of Priority Lien Debt.

• The Priority Lien Representative of each future Series of Priority Lien Debt shall be required to deliver a Lien sharing and priority confirmation to the Collateral Trustee and the Trustee at the time of Incurrence of such Series of Priority Lien Debt.

• Promptly following the final payment date with respect to one or more Series of Priority Lien Debt or other Priority Lien Obligations, each Priority Lien Debt Representative with respect to each applicable Series of Priority Lien Debt or other Priority Lien Obligations that is so discharged will provide written notice of such discharge to the Collateral Trustee and to each other Priority Lien Debt Representative.

More Definitions of Series of Priority Lien Debt

Series of Priority Lien Debt means, severally, the Senior Credit Agreement, the Original Collateral Bond and each other issue or series of Priority Lien Debt.

Series of Priority Lien Debt means Funded Debt under the Credit Agreement and each other issue or series of Priority Lien Debt for which a single transfer register is maintained. For the avoidance of doubt, all reimbursement obligations in respect of letters of credit issued pursuant to a Priority Lien Document will be part of the same Series of Priority Lien Debt as all other Priority Lien Debt incurred pursuant to such Priority Lien Document.

Series of Priority Lien Debt means severally, (i) the extensions of credit under the Credit Agreement and (ii) each other issue or series of Priority Lien Debt for which a single transfer register is maintained and (iii) the interest rate or currency hedging obligations and the Obligations under each commodity hedging agreement constituting Priority Lien Obligations (provided, that Obligations accrued under transactions governed by one ISDA Master Agreement or other similar agreement shall be deemed to constitute one Series of Priority Lien Debt, regardless of the number of confirmations issued thereunder), and includes, in the case of the Credit Agreement and any other Credit Facility the Indebtedness under which constitutes Priority Lien Debt, certain obligations in respect of hedging agreements as more fully described in the Collateral Trust Agreement.

Series of Priority Lien Debt means, severally, each series of the notes and each other issue or series of Priority Lien Debt for which a single transfer register is maintained.

Series of Priority Lien Debt means, severally, the Indebtedness outstanding under the First Lien Term Loan Agreement and any other Credit Facility that constitutes Priority Lien Debt.

Series of Priority Lien Debt means, severally, each issue or series of Priority Lien Debt.

Series of Priority Lien Debt means, severally, the Notes, the Guarantees of the Notes and each other issue or series of Priority Lien Debt for which a single transfer register is maintained.