Common use of Secured, Super-Priority Obligations Clause in Contracts

Secured, Super-Priority Obligations. (a) On and after the Closing Date, the provisions of the Loan Documents and the Orders are effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Orders) in all right, title and interest in the Collateral, enforceable against each Loan Party that owns an interest in such Collateral.

Secured, Super-Priority Obligations. (a) On and after the Closing Date, the provisions of the Loan Documents and the Orders Financing Order are effective to create in favor of the Administrative Agent, for the benefit of the Secured PartiesLender, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the OrdersFinancing Order) in all right, title and interest in the Collateral, enforceable against each Loan Party Grantor that owns an interest in such Collateral.

Secured, Super-Priority Obligations. (a) On Subject to Section 11.1, on and after the Closing Date, the provisions of the Loan Documents and the Orders are effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Orders) in all right, title and interest in the Collateral, enforceable against each Loan Party that owns an interest in such Collateral.

Secured, Super-Priority Obligations. (a) On and after the Closing Date, upon entry of the Interim Order or the Final Order, as applicable, the provisions of the Loan Documents and the Orders are effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Orders) in all right, title and interest in the Collateral, enforceable against each Loan Party that owns an interest in such Collateral.