Common use of Senior Credit Enhancements Clause in Contracts

Senior Credit Enhancements. If the Term Loan Agent or any Term Loan Lender under the Term Loan Documents receives any additional guaranty, Collateral or other credit enhancement after the Closing Date, each Obligor shall cause the same to be granted to Agent and the Lenders, subject to the terms of the Intercreditor Agreement.

Appears in 4 contracts

Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.), Abl Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)

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Senior Credit Enhancements. If the Term Loan Agent or any Term Loan Lender under the Term Loan Documents receives Lenders receive any additional guaranty, Collateral or other credit enhancement after the Closing Date, each Obligor shall cause the same to be granted to Agent and the Lenders, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Innerworkings Inc)

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