Permitted Refinancing First Lien Debt Documents

Permitted Refinancing First Lien Debt Documents. Shall mean any financing documentation which replaces the First Lien Debt Documents and pursuant to which the First Lien Debt under the First Lien Debt Documents is refinanced, as such financing documentation may be amended, restated, supplemented or otherwise modified from time to time in compliance with this Agreement, but specifically excluding any such financing documentation to the extent that it contains, either initially or by amendment or other modification, any material... terms, conditions, covenants or defaults other than those which (a) exist at the time of the Permitted Refinancing in the First Lien Debt Documents or (b) could be included in the First Lien Debt Documents by an amendment or other modification that would not be prohibited by the terms of this Agreement. View More