Junior Lien Collateral Documents definition

Junior Lien Collateral Documents means the Initial Junior-Lien Collateral Documents and each of the security agreements and other instruments and documents executed and delivered by the Company or any other Grantor for purposes of providing collateral security for any Junior-Lien Obligation.
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Junior Lien Collateral Documents means all “Security Documents” (or similar documents defined by reference to any similar term) as defined in any Junior Lien Credit Agreement (including any Junior Lien Guaranty), and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered by one or more Junior Lien Credit Parties in connection with any Junior Lien Credit Agreement (including any intercreditor or joinder agreement among holders of Junior Lien Obligations). For purposes of clarity, any Junior Lien Credit Agreement and any notes or other instruments issued thereunder shall not constitute a Junior Lien Collateral Document, unless such Junior Lien Credit Agreement or any such note or other instrument purports to create a security interest in any Collateral for the benefit of the Junior Lien Secured Parties.
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Junior Lien Collateral Documents means the “Collateral Documents” under and as defined in the Junior Lien Credit Agreement.
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Examples of Junior Lien Collateral Documents in a sentence

  • The First Lien Collateral Agent acting pursuant to this Section 5.01 shall not have, by reason of the First Lien Collateral Documents, the Junior Lien Collateral Documents, this Agreement or any other document or theory, a fiduciary relationship in respect of any First Lien Secured Party, the Junior Lien Collateral Agent or any Junior Lien Secured Party.

  • By accepting the benefits of this Agreement and the other Junior Lien Collateral Documents, each Junior Lien Secured Party authorizes the Junior Lien Collateral Agent to enter into this Agreement and to act on its behalf as collateral agent hereunder and in connection herewith.

  • The Issuers and each of the Guarantors consent and agree to be bound by the terms of the Junior Lien Collateral Documents to which they are parties, as the same may be in effect from time to time, and agree to perform their obligations thereunder in accordance therewith.

  • The Company agrees, and each Holder by accepting a Note agrees, to the provisions contained in the Indenture, Junior Lien Collateral Documents, Collateral Agency Agreement and Intercreditor Agreement and authorizes the Collateral Trustee and the Trustee to give them effect and appoints the Trustee as attorney-in-fact for such purpose.

  • If the retail public utility’s rate structure includes a customer service charge, the owner shall bill each dwelling unit the amount of the customer service charge divided by the total number of dwelling units, including vacant units, that can receive service through the master meter serving the tenants.

  • The Trustee is authorized to receive any funds for the benefit of Holders distributed under the Junior Lien Collateral Documents and to apply such funds as provided in Section 6.10.

  • Except as otherwise specifically provided herein, following the Discharge of Priority Lien Obligations but until the Discharge of Parity Lien Obligations has occurred, the Parity Lien Secured Parties shall be entitled to deal with the Pledged or Controlled Collateral in accordance with the terms of the Parity Lien Documents as if the Liens under the Junior Lien Collateral Documents did not exist.

  • Anincreasing number of organizations are using alternatives to traditionalhierarchical structure, so a “job” is often referred to as an “employee role.” This graph shows how the job components fit together.

  • Payments 25 5.1 Application of Proceeds 25 5.2 Payments Over 26 5.3 Releases 26 5.4 Insurance 28 5.5 Amendments to Senior Lien Documents and Junior Lien Documents 28 5.6 Confirmation of Subordination in Junior Lien Collateral Documents 30 5.7 Gratuitous Bailee/Agent for Perfection; Rights of Initial Senior Collateral Agent and Initial Senior Lien Representative 30 5.8 When Discharge of Obligations Deemed to Not Have Occurred 32 SECTION 6.

  • The Notes will be entitled to the benefits of certain Collateral pledged for the benefit of the Holders pursuant to the terms of the Junior Lien Collateral Documents subject to the rights of holders of certain Indebtedness under the Intercreditor Agreement and the Collateral Agency Agreement.


More Definitions of Junior Lien Collateral Documents

Junior Lien Collateral Documents means all “[Security] Documents” as defined in the Junior Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any Junior Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any Junior Lien Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time.
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Junior Lien Collateral Documents means individually and collectively, all security agreements (including Shared Collateral Documents), pledge agreements, collateral assignments, mortgages (including vessel mortgages), deeds of trust, collateral agency agreements, control agreements, consents or direct arrangements or other grants or transfers for security executed and delivered by the Borrower or any other Grantor creating or perfecting (or purporting to create or perfect) or governing rights of enforcement with respect to, a Lien upon Collateral in favor of the Collateral Trustee, for the benefit of any of the Junior Lien Secured Parties and all “Collateral Documents” (as defined in the Indenture) (and any equivalent term in any other Junior Lien Document).
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Junior Lien Collateral Documents means, when used herein, (i) in respect of any First Lien Collateral Document, the Second Lien Collateral Documents, the Third Lien Collateral Documents and the Fourth Lien Collateral Documents, (ii) in respect of any Second Lien Collateral Document, the Third Lien Collateral Documents and the Fourth Lien Collateral Documents and (iii) in respect of any Third Lien Collateral Document, the Fourth Lien Collateral Documents.
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Junior Lien Collateral Documents shall have the meaning assigned to such term in the Intercreditor Agreement.
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Related to Junior Lien Collateral Documents

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • First Lien Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any First Lien Obligations.

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.

  • Junior Lien Intercreditor Agreement means an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent between the Administrative Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to the Liens of the Loan Documents.

  • Junior Lien Obligations means Junior Lien Debt and all other Obligations in respect thereof.

  • Junior Lien Debt means Indebtedness incurred by a Covenant Entity that is secured by a Lien that is junior to the Lien on the Collateral securing the Obligations.