Common use of Status as Senior Indebtedness Clause in Contracts

Status as Senior Indebtedness. All Obligations constitute senior secured Indebtedness entitled to the benefits of the subordination and/or intercreditor provisions contained in the applicable subordination and/or intercreditor agreements governing any subordinated Indebtedness.

Appears in 4 contracts

Samples: Facility Agreement (ADC Therapeutics SA), Facility Agreement (Oncology Institute, Inc.), Facility Agreement (Oncology Institute, Inc.)

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Status as Senior Indebtedness. All Obligations constitute senior secured Indebtedness entitled “Senior Indebtedness” pursuant to the benefits of the any intercreditor or subordination and/or intercreditor provisions contained in the applicable subordination and/or intercreditor agreements governing any subordinated Indebtednessagreements.

Appears in 3 contracts

Samples: Loan and Security Agreement (Broadscale Acquisition Corp.), Loan and Security Agreement (HashiCorp, Inc.), Loan and Security Agreement (HashiCorp, Inc.)

Status as Senior Indebtedness. All The Obligations constitute senior secured Indebtedness entitled to (or the benefits equivalent thereof) under each issue of the subordination and/or intercreditor provisions contained in the applicable subordination and/or intercreditor agreements governing any Permitted Subordinated Indebtedness and other subordinated Indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

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Status as Senior Indebtedness. All Obligations constitute senior secured Indebtedness entitled to the benefits of the subordination and/or intercreditor provisions contained in the applicable subordination and/or intercreditor agreements governing any subordinated Indebtedness.

Appears in 2 contracts

Samples: Facility Agreement (Intersect ENT, Inc.), Facility Agreement (Intersect ENT, Inc.)

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