First Lien Payment Default

Example Definitions of "First Lien Payment Default"
First Lien Payment Default. Shall mean any "Event of Default" (each as defined in the Hercules Loan Agreement) resulting from the failure to pay when due any interest or principal in respect of the First Lien Debt or any other amount constituting First Lien Debt.
Found in Plures Technologies, Inc. contract
First Lien Payment Default. Shall mean any "Event of Default" (each as defined in the Hercules Lender Loan Agreement) resulting from the failure to pay when due any interest or principal in respect of the First Lien Debt or any other amount constituting First Lien Debt.
Found in Plures Technologies, Inc. contract
View Variation Arrow
All Definitions