Third Priority Secured Parties definition

Third Priority Secured Parties means, with respect to each Type of Common Collateral, the Third Priority Representative and the holders of the Third Priority Obligations with respect to such Common Collateral.
Third Priority Secured Parties means the holders of the Third Priority Lien Obligations (including the holders of the Third Priority Fixed Rate Notes and the holders of the Third Priority Floating Rate Notes).
Third Priority Secured Parties means (a) the Third Priority Notes Trustee (for its benefit and for the benefit of the holders of the Third Priority Notes) and (b) in the event any obligations in respect of any Additional Third Priority Indebtedness are to be secured by this Agreement, the Additional Third Priority Indebtedness Representative in respect of such Additional Third Priority Indebtedness (for its benefit and for the benefit of the holders of such Additional Third Priority Indebtedness).

Examples of Third Priority Secured Parties in a sentence

  • This Agreement will terminate and be of no further force and effect: (a) for the First Priority Secured Parties, upon the Discharge of First Priority Obligations, (b) for the Third Priority Secured Parties, upon the Discharge of Third Priority Obligations and (c) for Fourth Priority Secured Parties, upon the Discharge of Fourth Priority Obligations.


More Definitions of Third Priority Secured Parties

Third Priority Secured Parties means (a) the Initial Third-Priority Secured Parties and (b) the Other Third-Priority Secured Parties, including the Third-Priority Representatives.
Third Priority Secured Parties has the meaning specified in the Intercreditor Agreement.
Third Priority Secured Parties means the Persons holding Third Priority Claims, including the Third Priority Collateral Agent, the 2015 Trustee, the 2015 Noteholders, each Additional Third Priority Representative and the holders of Indebtedness under any Additional Pari Passu Third Priority Agreement and, following the Discharge of First Priority Claims and the Discharge of Second Priority Claims, the Collateral Control Agent.
Third Priority Secured Parties means, with respect to any Type of Common Collateral, the Third Priority Representative and the holders of the Third Priority Obligations with respect to such Common Collateral; provided that, prior to the 21C Term Loan Termination Date, solely for purposes of the MDL Priority Collateral Enforcement Provisions, “Third Priority Secured Parties” shall mean the PIK Toggle Notes Secured Parties.
Third Priority Secured Parties means Secured Parties holding Third Priority Secured Obligations.
Third Priority Secured Parties means the Notes Secured Parties.
Third Priority Secured Parties shall have the meaning assigned to such term in the Recitals of this Agreement.