Junior Collateral definition

Junior Collateral means with respect to any Junior Secured Party, any Collateral on which it has a Junior Lien.
Junior Collateral means any “Collateral” as defined in any Junior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Junior Collateral Document as security for any Junior Obligation.
Junior Collateral means, (i) in the case of [A/R Lender], all Common Collateral consisting of CRG Senior Collateral and (ii) in the case of CRG, all Common Collateral consisting of A/R Facility Senior Collateral.

Examples of Junior Collateral in a sentence

  • The Borrower agrees to deliver to the Designated Senior Representative copies of (i) any amendments, supplements or other modifications to the Junior Collateral Documents and (ii) any new Junior Collateral Documents promptly after effectiveness thereof.

  • The Junior Collateral Agent represents and warrants that this Agreement is binding upon the Junior Credit Agreement Secured Parties.

  • JPMORGAN CHASE BANK, N.A.,as Senior Collateral Agent and Designated Senior Representative By: Name: Title: [____],as Junior Collateral Agent and Designated Junior Representative By: Name: Title: ONESTREAM SOFTWARE LLC,as Borrower By: Name: Title: [____],as a Grantor By: Name: Title: ANNEX I GRANTORS Grantor Jurisdiction OneStream Software LLC Delaware Annex I-1 ANNEX II SUPPLEMENT NO.

  • Nothing in this Section 5.01(a) will be deemed to affect any agreement of a Junior Representative, for itself and on behalf of the Junior Secured Parties under its Junior Debt Facility, to release the Liens on the Junior Collateral as set forth in the relevant Junior Debt Documents.

  • For the avoidance of doubt, the parties hereto acknowledge that in no event shall the Senior Collateral Agent or the Junior Collateral Agent be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether any such party has been advised of the likelihood of such loss or damage and regardless of the form of action.


More Definitions of Junior Collateral

Junior Collateral means, (i) in the case of [A/R Lender], all Common Collateral consisting of CRG Senior Collateral and (ii) in the case of CRG Creditors, all Common Collateral consisting of A/R Facility Senior Collateral.
Junior Collateral means the Equity Collateral in respect of the Borrower (including Parent Holdco’s Equity Interest in the Borrower).
Junior Collateral means, with respect to the ABL Debt, all Collateral other than ABL Priority Collateral, and with respect to the Term Loan Debt, all Collateral other than Term Loan Priority Collateral.
Junior Collateral means any “Collateral” (or similar term) as defined in any Junior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Junior Collateral Document as security for any Junior Obligation.
Junior Collateral means any “Collateral” as defined in any Notes Collateral Document and any other Junior Debt Document or any other assets of any Obligor with respect to which a Lien is granted or purported to be granted pursuant to a Junior Collateral Document as security for any Junior Obligations.
Junior Collateral means, with respect to any Junior Secured Party, any Priority Collateral on which it has a Junior Lien.
Junior Collateral means all Collateral except the Senior Collateral, to the extent such assets are located within the United States.