First Lien Claims definition

First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

First Lien Claims means all Claims against the Debtors arising under the First Lien Loan Documents.

First Lien Claims means any Claim derived from, based upon, or arising under the First Lien Term Loan Facility.

Examples of First Lien Claims in a sentence

• Notwithstanding anything to the contrary herein, the TCEH First Lien Agent and the Holders of Allowed TCEH First Lien Claims shall be deemed to have waived any rights under the TCEH Second Lien Intercreditor Agreement to extent such rights would, in any way, impair or diminish the recoveries of the Holders of Allowed TCEH Second Lien Note Claims under this Plan or related documents.

• Unless resolved before Confirmation, the TCEH First Lien Notes Trustee and/or the Holders of TCEH First Lien Claims will continue to seek entry of the TCEH First Lien Creditor Plan Distribution Allocation Order resolving the TCEH First Lien Creditor Plan Distribution Allocation Dispute through an adjudication of the TCEH First Lien Note Intercreditor Action or otherwise.

• Therefore, Holders of First Lien Claims will not be entitled to vote to accept or reject the Plan.

• This Article VII of the Plan shall not apply to the DIP Claims, TCEH First Lien Claims, TCEH Second Lien Note Claims, or TCEH Unsecured Note Claims, which Claims shall be Allowed in full and shall not be subject to any avoidance, reductions, set off, offset, recharacterization, subordination (whether equitable, contractual, or otherwise), counterclaims, cross-claims, defenses, disallowance, impairment, objection, or any other challenges under any applicable law or regulation by any person or entity.

• The Reorganized Debtors shall use the proceeds of the Exit Facility to pay the outstanding amount of the First Lien Claims and for any other purpose permitted by the Exit Facility Documents.

More Definitions of First Lien Claims

First Lien Claims means the Claims, inclusive of principal, fees and interest accrued through the Effective Date, of the First Lien Lenders arising under the First Lien Facility.

First Lien Claims means all First Lien Revolver Claims and First Lien Term Loan Claims.

First Lien Claims means the aggregate principal amount of obligations outstanding under the First Lien Credit Agreement, together with accrued interest and any other Claims with respect to the First Lien Credit Agreement by such holders, and any Liens securing the foregoing.

First Lien Claims means all claims derived from or based upon the Credit Agreement and First Lien Notes Indenture.

First Lien Claims means all claims derived from or based upon the Credit Agreement and First Lien Notes Indenture, including, for the avoidance of doubt, any Prepetition Credit Facility Secured Party’s Prepetition

First Lien Claims means all Claims arising under the First Lien Term Loan Credit Agreement, the Claire’s 2019 1L Notes Indenture, the Claire’s 2020 1L Notes Indenture, and the term loans and notes issued pursuant to the foregoing instruments.

First Lien Claims means all Claims arising under or in connection with the Prepetition First Lien Credit Agreement.