First Priority Secured Debt Documents definition
Examples of First Priority Secured Debt Documents in a sentence
The Issuer and each First Priority Secured Debt Representative hereby consents to any assignment pursuant to this Section 5.04 to the extent it has a consent or similar approval right under the assignment provisions of the relevant First Priority Secured Debt Documents.
Notwithstanding the foregoing, no provision in this Agreement shall be construed to prevent or impair the rights of any First Priority Secured Debt Representative to enforce this Agreement (including the priority of the Liens securing the First Priority Secured Obligations as provided in Section 2.01) or any of the First Priority Secured Debt Documents.
Pursuant to the First Priority Secured Debt Documents, the Notes Secured Debt Documents, certain newly acquired or organized Subsidiaries of the Parent Guarantor are required to enter into the Intercreditor Agreement.
The undersigned Subsidiary (the “New [Obligor][Guarantor]”) is executing this Supplement in accordance with the requirements of the First Priority Secured Debt Documents and the Notes Secured Debt Documents.
If none of the Notes Secured Parties exercise such right within the time periods set forth above, the First Priority Secured Parties shall have no further obligations pursuant to this Section 5.04 for such Purchase Event and may take any further actions in accordance with the First Priority Secured Debt Documents and this Agreement.