Examples of Parent Collateral in a sentence
Organizations and groups that focus on working with, or have a history of working with, low-income households, women, and those that are Black, Indigenous, People of Color (BIPOC), immigrants, and/or individuals who identify as Lesbian, Gay, Bisexual, Transgender, and Queer + (LGBTQ+).We are members of the WI LGBT Chamber, Wisconsin Latino Chamber, and the Madison Black Chamber of Commerce.
The Company, the Parent Guarantor and such Subsidiaries are collectively referred to herein as the "Credit Support Parties", and the Company Collateral Documents, the Parent Collateral Documents, the Subsidiary Guaranty and the Subsidiary Collateral Documents are collectively referred to herein as the "Credit Support Documents".
The Parent agrees to cause existing and future lienholders other than holders of Permitted Liens to enter into an intercreditor agreement in form and substance that is commercially reasonable to the Buyer in connection with the subordination of the existing lienholders’ security interests in the Parent Collateral.
The Security Interest granted in the foregoing clause (b), in a principal amount not to exceed $5,000,000, will be and hereby expressly is subordinated and junior only to the security interest in the Parent Collateral granted to the Senior Lender in connection with indebtedness in a principal amount not to exceed $5,000,000 (the “Senior Lien”).
The Company, the Parent Guarantor and such Subsidiaries are collectively referred to herein as the "Credit ------ Support Parties", and the Company Collateral Documents, the --------------- Parent Collateral Documents, the Subsidiary Guaranty and the Subsidiary Collateral Documents are collectively referred to herein as the "Credit Support Documents".