Term Loan Liens definition
Term Loan Liens means the Liens and security interests granted by the Loan Parties to Term Loan Agent to secure the Term Loan Debt under the Term Loan Documents.
Term Loan Liens means the Liens on the Collateral in favor of the Term Loan Claimholders under Term Loan Collateral Documents.
Term Loan Liens means all Liens on the Collateral securing the Term Loan Obligations, whether created under the Term Loan Collateral Documents or acquired by possession, statute (including any judgment lien), operation of law, subrogation or otherwise and whether or not created following the commencement of any Insolvency or Liquidation Proceeding, now or hereafter held by or on behalf of the Term Loan Agent or any other Term Loan Secured Party, or any agent or trustee therefor.
Examples of Term Loan Liens in a sentence
All of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are owned by a Loan Party (or a Subsidiary of a Loan Party) in the amounts specified on Part (a) of Schedule 5.13, free and clear of all Liens except for those created under the Security Documents and Term Loan Liens.
All of the outstanding Equity Interests in the Loan Parties have been validly issued, and are fully paid and non-assessable and, other than with respect to the Lead Borrower, are owned in the amounts specified on Part (c) of Schedule 5.13, free and clear of all Liens except for those created under the Security Documents and Term Loan Liens.
More Definitions of Term Loan Liens
Term Loan Liens means any Liens securing the Term Loan Obligations.
Term Loan Liens is defined in the May 1998 Amendment Agreement.
Term Loan Liens means the Liens on the Vitamin Specialties Assets (excluding the Excluded VSC Assets, if and when the Term Loan Liens are assigned to the Designated Party) and on the New Freehold/▇▇▇▇▇▇ Real Estate and on the outstanding capital stock of VSC securing the Term Loan Obligations (or securing the guaranty by VSC of the Term Loan Obligations)."
Term Loan Liens means the Liens granted by the Loan Parties pursuant to the Security Documents on all or any portion of the Collateral in support of the Borrower’s, Holdings’ and each other Loan Party’s Term Loan Obligations, which Liens shall rank Equally and Ratably with the Liens securing the obligations in respect of the Loan Documents.
Term Loan Liens means the Liens on the Vitamin Specialties Assets (excluding the Excluded VSC Assets) and the New Freehold/▇▇▇▇▇▇ Real Estate (subject to subsection (d) of this Section) and the outstanding capital stock of VSC securing the obligations and liabilities of the Borrower under the Term Loan Agreement (or securing the VSC Term Guaranty of such obligations and liabilities).
Term Loan Liens means all Liens in favor of the Term Loan Collateral Agent on Col- lateral securing the Term Loan Obligations.
Term Loan Liens means the Liens granted to the Term Agent pursuant to the Term Documents to secure the Term Obligations permitted under clause (q) of the definition of “Permitted Indebtedness”, which Liens shall at all times be subject to the terms and conditions (including the Lien priorities) set forth in the Intercreditor Agreement.