Required First Lien Creditors

Required First Lien Creditors. Shall mean (i) at any time when any Bank Credit Document Obligations are outstanding or any Commitments or Letters of Credit under the Bank Credit Agreement exist, the Required Bank Lender Creditors (or, to the extent provided in Section 15.12 of the Bank Credit Agreement, each of the Lenders), (ii) at any time after all of the Bank Credit Document Obligations have been paid in full in cash in accordance with the terms thereof and all Commitments and Letters of Credit under the Bank Credit... Agreement have been terminated, the holders of a majority of the Other Obligations, and (iii) at any time after all Bank Credit Document Obligations and Other Obligations have been paid in full in cash in accordance with the terms thereof, all Interest Rate Protection Agreements and Other Hedging Agreements entered into with an Other Creditor have been terminated and all Commitments and Letters of Credit under the Bank Credit Agreement have been terminated, the holders of a majority of the outstanding Overdraft Obligations. View More