Other Senior Debt definition
Examples of Other Senior Debt in a sentence
The Subsidiary Guarantors shall be permitted to guaranty all Other Senior Debt.
The indebtedness evidenced by this Note and the payment of the Principal Amount and interest thereof shall be Senior (as hereinafter defined) to, and have priority in right of payment over, all indebtedness for borrowed money of the Company, except for Other Senior Debt (as hereinafter defined).
The request for, and acceptance of, each Loan and each Letter of Credit by the Borrower shall be deemed a representation and warranty by the Borrower that the conditions specified in Subsections 4.2.1 (No Default), 4.2.3 (Compliance with Other Senior Debt Documents) and 4.24 (Representations and Warranties) have been satisfied.
The Guarantors shall be permitted to guaranty all Other Senior Debt.
The incurrence of the Loan or Letter of Credit being requested shall not result in a default under any Other Senior Debt Documents.