Common use of Liens securing Junior Lien Debt Clause in Contracts

Liens securing Junior Lien Debt. provided that such Liens secured by the Collateral shall (i) rank junior to the Liens secured by the Collateral securing the Obligations and (ii) be subject to a Junior Lien Intercreditor Agreement;

Appears in 5 contracts

Samples: Indenture (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Indenture (Hawaiian Holdings Inc)

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Liens securing Junior Lien Debt. provided that such Liens secured by the Collateral shall (i) rank junior to the Liens secured by the Collateral securing the Obligations and (ii) be subject to a Junior Lien Intercreditor Agreement;and

Appears in 1 contract

Samples: Term Loan Credit and Guaranty Agreement (Delta Air Lines, Inc.)

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