Common use of Senior Ranking Clause in Contracts

Senior Ranking. The Obligations are designated as “Senior Debt,” “Senior Indebtedness,” “Designated Senior Indebtedness” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing constituting Material Indebtedness.

Appears in 2 contracts

Samples: Assignment and Assumption (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (Signet Jewelers LTD)

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Senior Ranking. The Obligations are designated as “Senior Debt,” “Senior Indebtedness,” “Designated Senior Indebtedness” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing constituting Material Indebtedness.. SECTION 5.21

Appears in 1 contract

Samples: Credit Agreement (Signet Jewelers LTD)

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Senior Ranking. The Obligations are designated as “Senior Debt,” “Senior Indebtedness,” “Designated Senior Indebtedness” or “Senior Secured 174 Financing” (or any comparable term) under, and as defined in, any Junior Financing constituting Material Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Signet Jewelers LTD)

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