Term Claimholders definition

Term Claimholders means, at any relevant time, the holders of Term Obligations at that time, including the Term Lenders, the Term Bank Product Providers, each Additional Pari Passu Term Agent, the Term Agent and any other “Secured Parties” as defined in the Term Loan Agreement, in each case solely in their capacities as such and not in any other capacity.
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Term Claimholders means the Term Collateral Agent, and the holders from time to time of any other Term Obligations outstanding at such time.
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Term Claimholders means, at any relevant time, the holders of Second Lien Obligations at such time, including without limitation the Term Lenders and the agents under the Second Lien Term Loan Agreement.
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Examples of Term Claimholders in a sentence

  • The parties hereto acknowledge that the Term Agents will also enter into an intercreditor agreement or agreements, as may be required, that will govern the lien priorities in the Collateral between the Term Claimholders (the “Term Intercreditor Agreement”).

  • Each Term Agent, on behalf of the Term Claimholders, acknowledges and agrees that the ABL Revolving Collateral Agent and the ABL Revolving Claimholders have made no express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectibility, or enforceability of any of the ABL Revolving Loan Documents, the ownership of any Collateral, or the perfection or priority of any Liens thereon.

  • Any payments or distributions in cash, property or other assets received by the Term Agents or the Term Claimholders that are paid over to the ABL Revolving Collateral Agent or the ABL Revolv- ing Claimholders pursuant to this Agreement shall not reduce any of the Term Obligations.

  • Except as otherwise expressly provided herein, the Term Agents and the Term Claimholders will be entitled to manage and supervise the Term Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate.

  • This Agreement shall be binding upon the ABL Re- volving Collateral Agent, the ABL Revolving Claimholders, the Term Agents, the Term Claimholders, and their respective successors and assigns.

  • The ABL Revolving Collateral Agent, each Term Agent and each Claimholder hereby irrevocably waive any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any ac- tion which may be brought by the ABL Revolving Collateral Agent or the ABL Revolving Claimholders or the Term Agents or the Term Claimholders, as the case may be.

  • Anything to the contrary contained herein notwithstanding, the subordination of the Liens of Term Claimholders to the Liens of ABL Re- volving Claimholders and of the Liens of ABL Revolving Claimholders to the Liens of Term Claimhold- ers as set forth herein is with respect to the priority of the respective Liens held by or on behalf of them only and shall not constitute a subordination of the Term Obligations to the ABL Revolving Obligations or the ABL Revolving Obligations to the Term Obligations.

  • This Agreement and the rights and benefits hereof shall inure to the benefit of each of the parties hereto and its respective successors and assigns and shall inure to the benefit of and bind each of the ABL Revolving Claimholders and the Term Claimholders.

  • Notwith- standing the foregoing provisions of this Section 9.5, none of the ABL Revolving Claimholders shall have any claim against any of the Term Claimholders for any impairment of any subrogation rights herein granted to the Term Claimholders and none of the Term Claimholders shall have any claim against any of the ABL Revolving Claimholders for any impairment of any subrogation rights herein granted to the ABL Revolving Claimholders.

  • Any payments or distributions in cash, property or other assets received by the ABL Revolving Collateral Agent or the ABL Revolving Claimholders that are paid over to the Term Agents or the Term Claimholders pursuant to this Agreement shall not reduce any of the ABL Revolving Obligations.


More Definitions of Term Claimholders

Term Claimholders means, as of any date of determination, the holders of the Term Debt at that time, including (A) the Term Agent, (B) any Term Representative, (C) the Noteholders, (D) Term Hedge Providers in respect of Term Hedging Obligations, and (E) any holders of Additional Term Debt (other than Term Hedging Obligations). “Term Collateral” means all of the assets of each and every Grantor, whether real, personal or mixed, with respect to which a Lien is granted (or purported to be granted) as security for any Term Debt, including all proceeds and products thereof, and which, for the avoidance of doubt, shall not include any Excluded Property. “Term Collateral Documents” means the Term Security Agreement, the Term Mortgages and any other agreement, document or instrument pursuant to which a Lien is granted (or purported to be granted) securing the Notes or any other Term Debt or under which rights or remedies with respect to such Liens are governed. “Term Credit Facility Agreement” means, collectively, (i) the Indenture, (ii) any Additional Term Debt Agreement and (iii) any other credit agreement or debt facility that is secured by the Collateral , as such credit agreement or debt facility, in whole or in part, in one or more instances, may be amended, restated, modified, supplemented, extended, renewed, refunded, restructured, Refinanced or replaced or otherwise modified from time to time and whether by the same or any other agent, lender or group of lenders or other party, so long as the agents or representatives of the holders of such indebtedness execute and deliver (i) a joinder to this Agreement reasonably acceptable to the other parties hereto and (ii) if after such Refinancing there are multiple Term Credit Facility Agreements, the Term Intercreditor Agreement. Any reference to the Term Credit Facility Agreement hereunder shall be deemed a collective reference to all Term Credit Facility Agreements then in existence. “Term Debt” means all Obligations (as that term is defined in the Indenture or any other Term Credit Facility Agreement) and all other amounts owing, due or secured under the terms of the
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Term Claimholders means, at any time of determination, collectively, (a) the Term Agent, (b) the lenders under the Term Credit Agreement at such time, (c) each other person to whom any of the Obligations under the Term Credit Agreement is owed at such time and (e) the successors, replacements and assigns of each of the foregoing.
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Term Claimholders means, collectively, the Notes Claimholders and the First Lien Credit Facil- ity Claimholders, if any.
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Term Claimholders means, as of any date of determination, the holders of the Term Debt at that time, including (A) the Trustee, (B) the Term Agent, (C) the Noteholders, (D) the Term Hedge Providers in respect of Term Hedging Obligations, (E) each Additional Term Debt Agent and (F) any holders of Additional Term Debt.
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Related to Term Claimholders

  • Claimholders means each of the First Lien Claimholders and the Second Lien Claimholders.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • ABL Agent means Bank of America, N.A., in its capacity as administrative agent and collateral agent under the ABL Facility Documentation, or any successor agent or under the ABL Facility Documentation.

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Collateral Trustee” or similar term under any Term Credit Agreement.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Obligations covered hereby, the Initial Second Priority Representative and (ii) in the case of any other Second Priority Debt Facility, the Second Priority Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • ABL Lenders means the “Lenders” under and as defined in the ABL Credit Agreement.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • Term Secured Parties shall have the meaning assigned to that term in the introduction to this Agreement.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Secured Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents.

  • Other Priority Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • ABL Credit Agreement as defined in the recitals hereto.