Third Lien Obligations definition

Third Lien Obligations means Third Lien Debt and all other Obligations in respect thereof. Notwithstanding any other provision hereof, the term “Third Lien Obligations” will include accrued interest, fees, costs, and other charges incurred under the Third Lien Documents, whether incurred before or after commencement of an Insolvency or Liquidation Proceeding.

Third Lien Obligations means the “Secured Obligations” as defined in the Security Agreement.

Third Lien Obligations means the “Obligations”, or other similar definition of the same effect as defined in the Third Lien Loan Agreement as in effect on the Third Lien Debt Incurrence Date or as amended from time to time in accordance with the Third Lien Subordination Agreement.

Examples of Third Lien Obligations in a sentence

• Nothing in this Agreement is intended to or shall impair the obligations of Parent, Company or any other Grantor or any Guarantor, which are absolute and unconditional, to pay the First Lien Obligations, the Second Lien Obligations and the Third Lien Obligations as and when the same shall become due and payable in accordance with their terms.

• In furtherance of Section 2.03, prior to the Discharge of First Lien Obligations, if the New Third Lien Obligations are secured by assets of the Grantors that do not also secure the First Lien Obligations, the applicable Grantors shall promptly grant a First Priority Lien on such assets to secure the First Lien Obligations.

• In furtherance of Section 2.03, prior to the Discharge of Second Lien Obligations, if the New Third Lien Obligations are secured by assets of the Grantors that do not also secure the Second Lien Obligations, the applicable Grantors shall promptly grant a Second Priority Lien on such assets to secure the Second Lien Obligations.

• In furtherance of Section 2.03, if the New First Lien Obligations are secured by assets of the Grantors that do not also secure the Second Lien Obligations and the Third Lien Obligations, the applicable Grantors shall promptly grant a Second Priority Lien and a Third Priority Lien on such assets to secure the Second Priority Obligations and the Third Lien Obligations, respectively.

• In furtherance of Section 2.03, if the New Second Lien Obligations are secured by assets of the Grantors that do not also secure the Third Lien Obligations, the applicable Grantors shall promptly grant a Third Priority Lien on such assets to secure the Third Lien Obligations, respectively.

More Definitions of Third Lien Obligations

Third Lien Obligations has the meaning given to such term in the Third Lien Intercreditor Agreement.

Third Lien Obligations means Obligations in respect of the Issuer and the Guarantors under the Third Lien Documents.

Third Lien Obligations means payment obligations of the Loan Parties under a Permitted Commodity Hedge and Power Sale Agreement or a Contract Support Document to the extent permitted to be secured pursuant to clause (p) of the definition of “Permitted Liens.”

Third Lien Obligations means Third Lien Debt and all other Obligations in respect thereof including, without limitation, any Post-Petition Interest whether or not allowable, and all guarantees of any of the foregoing.

Third Lien Obligations means the "Secured Obligations" as defined in the Exchange Note Security Agreement.

Third Lien Obligations has the meaning given to it in the Intercreditor Agreement.

Third Lien Obligations means all Obligations in respect of Third Lien Debt, including Hedging Obligations that are secured, or intended by the Company to be secured, by a Lien on Collateral that is pari passu with the Lien securing Third Lien Debt, including subordination to Priority Lien Obligations and Junior Lien Obligations on terms that are substantially identical (as conclusively determined in good faith by an officer of the Company and evidenced in an Officers’ Certificate delivered to the Trustee) to the subordination provisions applicable to Junior Lien Obligations set forth in the Collateral Trust Agreement as of the date of this Indenture.