Term Loan Lien definition

Term Loan Lien means any Lien created by the Term Loan Security Documents.
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Term Loan Lien means a Lien granted by the Term Loan Security Documents to the Term Loan Agent at any time upon any property of any other Grantor to secure Term Loan Debt.
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Term Loan Lien has the meaning specified therefor in the Intercreditor Agreement.
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Examples of Term Loan Lien in a sentence

  • We have been further advised that the University has requested that the Authority consent to the (a) Term Loan Lien to be on a parity with the Bond Pledged Revenues Lien and (b) the Line Lien to be on a parity with the Bond Pledged Revenues Lien (the “Lien Approval”).

  • The Authority hereby consents to the (a) Term Loan Lien to be on a parity with the Bond Pledged Revenues Lien and (b) Line Lien to be on a parity with the Bond Pledged Revenues Lien (the “ Lien Approval”), provided that the amount of the Line does not exceed $5,500,000.

  • Such effects may be several times bigger than the static results of liberalisation but they are difficult to measure.20 5.

  • The Company shall not, and shall not permit any of its Restricted Subsidiaries to, create, incur, assume or otherwise cause or suffer to exist or become effective any Term Loan Lien (other than Term Loan Permitted Liens) upon any of its property or assets, now owned or hereafter acquired.

  • Warrant and defend title to and ownership of the Pledged Collateral at its own expense against the claims and demands of all other parties claiming an interest therein, other than the claims of the REIT under the REIT Pledge Agreement and the Term Loan Lender under the Term Loan Pledge Agreement; keep the Pledged Collateral free from all Liens, other than the REIT Lien and the Term Loan Lien; and not sell, exchange, transfer, assign, lease or otherwise dispose of Pledged Collateral or any interest therein.


More Definitions of Term Loan Lien

Term Loan Lien means any Lien created by the U.S. Guaranty and Security Agreement (as in effect on the date hereof or otherwise amended solely in accordance with this Agreement) granted or purported to be granted in favor of the Term Collateral Agent for the benefit of the Term Loan Secured Parties.
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Term Loan Lien means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction).
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Term Loan Lien means any First Lien Term Loan Lien and any Second Lien Term Loan Lien.
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Term Loan Lien and "Chase Document" shall not include the Mortgage or the Assignment of Leases and Rents, and the Agent shall have no obligation to execute or deliver an Assignment of Mortgage to XXXXXXX as provided in Section 1(a) of this Agreement.
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Related to Term Loan Lien

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan 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.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.