Examples of Junior Lien Security Documents in a sentence
The Collateral Trust Agreement will provide that the grants of Liens pursuant to the Priority Lien Security Documents and the Junior Lien Security Documents constitute two separate and distinct grants of Liens; and because of, among other things, their differing rights in the Collateral, the Junior Lien Obligations are fundamentally different from the Priority Lien Obligations and must be separately classified in any plan of reorganization proposed or adopted in an Insolvency or Liquidation Proceeding.
Athletes that fail the quiz will be given the opportunity to retake the course and the quiz.
These, however, represent a small proportion of the overall regeneration effort required to ensure that the economic transformation of the area is achieved, but they do, however, demonstrate that targeted transport infrastructure delivery can be a key driver to promote economic growth and regeneration in the area.
The Applicable Authorized Representative shall not have any duties or obligations except those expressly set forth herein and in the other Junior Lien Security Documents.
Automatic Release of Liens; Amendments to Junior Lien Security Documents 12 SECTION 2.05.