Examples of Third Lien Lenders in a sentence
Any Senior Lender Acceleration Notice shall be deemed received by the Second Lien Lenders and Third Lien Lenders upon the date of actual receipt by the Second Lien Lenders or the Second Lien Administrative Agent or other representative designated pursuant to Section 19 or the Third Lien Lenders or the Third Lien Administrative Agent or other representative designated pursuant to Section 20 hereof of such Senior Lender Acceleration Notice in writing.
Each Third Lien Lender hereby waives any rights it may have under applicable law to assert the doctrine of marshaling or otherwise to require any Senior Liens Agent or the Senior Liens Lender Parties to marshal any Property of any Loan Party for the benefit of the Third Lien Lenders.
The Agent shall have received an amendment to the Third Lien Loan Agreement (the “Third Lien Amendment”), in form and substance satisfactory to the Agent, duly executed by the Loan Party Obligors, the Third Lien Lenders and the Third Lien Agent.
Notwithstanding anything to the contrary set forth herein, any waiver, modification or amendment of a covenant, term or provision under the Third Lien Loan Documents contemplated by this Section 2.8(a) shall terminate upon the payment in full in cash of the Senior Liens Debt and the termination of all lending commitments under the Senior Liens Debt Documents, unless the continued effectiveness thereof is otherwise confirmed in writing by the Third Lien Lenders prior to such date.
Any Second Lien Acceleration Notice shall be deemed received by the Third Lien Lenders upon the date of actual receipt by the Third Lien Lenders or the Third Lien Administrative Agent or other representative designated pursuant to Section 20 hereof of such Second Lien Acceleration Notice in writing.