Common use of Status as Senior Debt Clause in Contracts

Status as Senior Debt. The Obligations are “senior debt” or “designated senior debt” (or any comparable term) under, and as may be defined in, any indenture or document governing any applicable Indebtedness that is subordinated in right of payment to the Obligations.

Appears in 16 contracts

Samples: Credit and Guaranty Agreement (fuboTV Inc. /FL), Credit and Guaranty Agreement (FaceBank Group, Inc.), Credit and Guaranty Agreement (AMC Networks Inc.)

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Status as Senior Debt. The Obligations in respect of the Loans are “senior debt” or “designated senior debt” (or any comparable term) under, and as may be defined in, any indenture or document governing any applicable Indebtedness that is subordinated in right of payment to the ObligationsLoans.

Appears in 12 contracts

Samples: Credit Agreement (XPO, Inc.), Credit Agreement (XPO, Inc.), Revolving Loan Credit Agreement (XPO, Inc.)

Status as Senior Debt. The Obligations are “senior debtDesignated Senior Debt,or designated senior debtSenior Debt,” “Senior Obligations,” “Senior Indebtedness,” “Guarantor Senior Debt” and/or “Senior Secured Financing” (or any comparable term) under, and as may be defined in, any indenture or document governing any applicable Indebtedness that is subordinated in right of payment to the ObligationsSubordinated Debt.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (Bioventus Inc.), Credit and Guaranty Agreement (Bioventus Inc.), Credit and Guaranty Agreement (Bioventus Inc.)

Status as Senior Debt. The Obligations under the Loan Documents are “first lien debt” and “senior debt” or “designated senior debt” (or any comparable termterms) under, and as may be defined in, any notes, indenture or document governing any applicable Indebtedness that is subordinated in right of payment to the such Obligations.

Appears in 5 contracts

Samples: Credit Agreement (R1 RCM Inc. /DE), Credit Agreement (R1 RCM Inc. /DE), Credit Agreement (R1 RCM Inc.)

Status as Senior Debt. The Obligations under the Loan Documents are “first lien debt” and “senior debt” or “designated senior debt” (or any comparable termterms) under, and as may be defined in, any indenture or document governing any applicable Indebtedness that is subordinated in right of payment to the such Obligations.

Appears in 5 contracts

Samples: Credit Agreement (Playa Hotels & Resorts N.V.), Credit Agreement (Playa Hotels & Resorts N.V.), Credit Agreement (Playa Hotels & Resorts N.V.)

Status as Senior Debt. The Obligations are “senior debtSenior Debtor and designated senior debtDesignated Senior Debt(or any comparable term) under, and as may be defined in, any indenture or document governing Subordinated Indebtedness of any applicable Indebtedness that is subordinated in right of payment to the ObligationsLoan Party which contains such designations.

Appears in 4 contracts

Samples: Credit Agreement (Leslie's, Inc.), Credit Agreement (Leslie's, Inc.), Credit Agreement (Leslie's, Inc.)

Status as Senior Debt. The Obligations are will constitute senior debt” or “designated senior debtSenior Indebtedness” (or any comparable a similar term) under, and as may be defined in, with respect to any indenture or document governing any applicable Indebtedness permitted under Section 10.1 that is subordinated in right of payment to the Obligations.

Appears in 4 contracts

Samples: First Lien Credit Agreement (HireRight Holdings Corp), First Lien Credit Agreement (HireRight Holdings Corp), Lien Credit Agreement (HireRight GIS Group Holdings, LLC)

Status as Senior Debt. The Loan Obligations are constitute senior debtSenior Debt” or “designated senior debtDesignated Senior Indebtedness” (or any comparable termother defined term having a similar purpose) under, and as may be defined in, any indenture or document governing any applicable Indebtedness that is subordinated in right within the meaning of payment to the Obligationsall outstanding Subordinated Debt Documents.

Appears in 3 contracts

Samples: Credit Agreement (Solutia Inc), Credit Agreement (Solutia Inc), Credit Agreement (Solutia Inc)

Status as Senior Debt. The Obligations are “senior debtDesignated Senior Debt”, “Senior Debt”, “Senior Indebtedness”, “Guarantor Senior Debt” or “designated senior debtSenior Secured Financing” (or any comparable term) under, and as may be defined in, any indenture or document governing any applicable Indebtedness that is subordinated in right of payment to the Obligations.

Appears in 2 contracts

Samples: Term Loan Agreement (Conagra Foods Inc /De/), Bridge Loan Agreement (Conagra Foods Inc /De/)

Status as Senior Debt. The Obligations are “senior debtSenior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “designated senior debtSenior Secured Financing” (or any comparable term) under, and as may be defined in, any indenture documentation for any Indebtedness of the Borrower (whether outstanding on the Fifth RestatementFirst Amendment Effective Date or document governing any applicable Indebtedness thereafter incurred) that is subordinated or junior in right of payment to the ObligationsObligations pursuant to a written agreement.

Appears in 1 contract

Samples: Credit Agreement (Griffon Corp)

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Status as Senior Debt. The Obligations are “senior debtSenior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “designated senior debtSenior Secured Financing” (or any comparable term) under, and as may be defined in, any indenture documentation for any Indebtedness of the Borrower (whether outstanding on the Fifth Restatement Effective Date or document governing any applicable Indebtedness thereafter incurred) that is subordinated or junior in right of payment to the ObligationsObligations pursuant to a written agreement.

Appears in 1 contract

Samples: Credit Agreement (Griffon Corp)

Status as Senior Debt. The Obligations are “senior debt” or “designated senior debt” (or any comparable term) "Senior Debt" and "Designated Senior Debt" under, and as may be defined in, any indenture or document governing Subordinated Indebtedness of any applicable Indebtedness that is subordinated in right of payment to the ObligationsLoan Party which contains such designations.

Appears in 1 contract

Samples: Credit Agreement (Leslie's, Inc.)

Status as Senior Debt. The Obligations are “senior debtSenior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “designated senior debtSenior Secured Financing” (or any comparable term) under, and as may be defined in, any indenture documentation for any Indebtedness of the Borrower (whether outstanding on the First Amendment Effective Date or document governing any applicable Indebtedness thereafter incurred) that is subordinated or junior in right of payment to the ObligationsObligations pursuant to a written agreement.

Appears in 1 contract

Samples: Credit Agreement (Griffon Corp)

Status as Senior Debt. The Obligations are constitute senior debtSenior Debt” or “designated senior debtDesignated Senior Indebtedness” (or any comparable termother defined term having a similar purpose) underwithin the meaning of all outstanding Subordinated Debt Documents. The Commitments and the Loans and other extensions of credit under the Loan Documents constitute “Credit Facilities” (or any other defined term having a similar purpose) or liabilities payable under the documentation related to “Credit Facilities” (or any other defined term having a similar purpose), and as may be defined inin each case, any indenture or document governing any applicable Indebtedness that is subordinated in right within the meaning of payment to the Obligationsall outstanding Subordinated Debt Documents.

Appears in 1 contract

Samples: Credit Agreement (Solutia Inc)

Status as Senior Debt. The Obligations are constitute senior debt” or “designated senior debt” (or any comparable such other similar term) under, and as may be defined in, any indenture or document under each subordination and/or intercreditor agreement governing any applicable Subordinated Indebtedness that is subordinated in right of payment to the Obligations(including under any Junior Lien Intercreditor Agreement).

Appears in 1 contract

Samples: Credit Agreement (InnovAge Holding Corp.)

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