Common use of Status as Senior Indebtedness Clause in Contracts

Status as Senior Indebtedness. The Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” (or any comparable terms) under and as defined in the documentation governing any applicable contractually subordinated Junior Financing Documents.

Appears in 9 contracts

Samples: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), Second Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

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Status as Senior Indebtedness. The Obligations constitute “Senior Indebtednesssenior indebtednessand “Designated Senior Indebtedness” (or any comparable terms) under and as defined in the documentation governing any applicable contractually subordinated Junior Financing DocumentsDocumentation.

Appears in 6 contracts

Samples: Credit and Guaranty Agreement (2U, Inc.), Term Loan Credit and Guaranty Agreement (2U, Inc.), Second Lien Credit and Guaranty Agreement (Airbnb, Inc.)

Status as Senior Indebtedness. The Obligations under the Facilities constitute “Senior Indebtednesssenior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “Designated Senior Indebtednessdesignated senior indebtedness” (or any comparable termsterm) under and as defined for all Indebtedness (if any) that is subordinated in right of payment to the documentation governing any applicable contractually subordinated Junior Financing DocumentsObligations.

Appears in 6 contracts

Samples: Incremental and Refinancing Amendment (Powerschool Holdings, Inc.), First Lien Credit Agreement (Powerschool Holdings, Inc.), Credit Agreement (Emerald Holding, Inc.)

Status as Senior Indebtedness. The Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” (or any comparable termssimilar designation (with respect to Indebtedness having the maximum rights as “senior debt”) under and as defined in the documentation any agreement governing any applicable contractually subordinated Junior Financing DocumentsIndebtedness and the subordination provisions set forth in each such agreement are legally valid and enforceable against the parties thereto.

Appears in 1 contract

Samples: Second Amendment to Third Amended and Restated Credit Agreement (Knoll Inc)

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Status as Senior Indebtedness. The Obligations under the Credit Documents constitute “Senior Indebtednesssenior indebtednessand “Designated Senior Indebtedness” (or any comparable terms) under and as defined in the documentation governing any applicable contractually subordinated Junior Financing DocumentsDocumentation, if any.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (NRC Group Holdings Corp.)

Status as Senior Indebtedness. The Obligations under the Facilities constitute “Senior Indebtednesssenior debt,” “senior indebtedness,” “guarantor senior debt,” “senior secured financing” and “Designated Senior Indebtednessdesignated senior indebtedness” (or any comparable termsterm) under and as defined in the documentation governing any applicable contractually subordinated for all Junior Financing DocumentsIndebtedness.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (LEGALZOOM.COM, Inc.)

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