Pari Passu Collateral Documents definition

Pari Passu Collateral Documents means this Agreement and any other document or instrument executed and delivered at any time pursuant to any Pari Passu Indebtedness Document or otherwise, pursuant to which a Lien is granted by an Obligor to secure any Pari Passu Obligations or under which rights or remedies with respect to any such Lien are governed, as the same may be amended, modified, supplemented, extended, renewed, or restated from time to time.
Sample 1Sample 2Sample 3
Pari Passu Collateral Documents means the Pari Passu Security Agreement, the Pari Passu Collateral Agency Agreement, the Pari Passu Mortgage, the Pari Passu Collateral Agency Agreement Joinder and all other security agreements, intellectual property security agreements, control agreements, pledge agreements, deeds of trust, mortgages and security documents now or hereafter delivered to Pari Passu Collateral Agent or First Priority Collateral Agent granting a Lien on any property (or associated with such a grant) of any Person to secure the Obligations or the Guaranteed Obligations, as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms of this Agreement.
Sample 1Sample 2
Pari Passu Collateral Documents means the security agreements, intellectual property security agreements, control agreements, pledge agreements, deeds of trust, mortgages and security documents delivered to the Pari Passu Collateral Agent and in effect as of the
Sample 1

Examples of Pari Passu Collateral Documents in a sentence

  • The applicant shall post the sign in a conspicuous place on the proposed premises that is clearly visible to the general public, and the authority’s staff shall publish notice of the hearing in a newspaper of general circulation in the County.

  • The Pari Passu Collateral Agent has accepted its appointment as collateral agent hereunder and is bound by this Agreement and the Pari Passu Collateral Documents.

  • The Pari Passu Collateral Agent will not otherwise be bound by, or be held obligated by, the provisions of any credit agreement, indenture, or other agreement governing ABL Debt (other than this Agreement and the other Pari Passu Collateral Documents to which it is party).

  • If the new Term Loan Obligations under the new Term Loan Documents are secured by assets of any New Grantor constituting Term Loan Priority Collateral that do not also secure the ABL Obligations, then the ABL Obligations shall be secured at such time by a second-priority Lien on such assets to the same extent provided in the Pari Passu Collateral Documents and this Agreement except to the extent such Lien on such assets constitutes an ABL Declined Lien.

  • Pursuant to the Pari Passu Collateral Agency Agreement and the Pari Passu Collateral Agency Agreement Joinder, Pari Passu Collateral Agent has agreed to act in its capacity as such upon the express conditions contained in each of this Agreement, the Pari Passu Indenture and the Pari Passu Collateral Documents, as applicable.

  • Any translation of this Agreement, any Note or any other Note Document (other than those Pari Passu Collateral Documents which must be executed or registered in Portuguese in order to be enforceable in Brazilian courts) into another language shall have no interpretive effect.

  • The Pari Passu Collateral Agent will not be required to take any action that is contrary to applicable law or any provision of this Agreement or the other Pari Passu Collateral Documents.

  • The Administrative Agent is further hereby authorized to act as, or to appoint and authorize the Person or Persons specified in the Common Terms Agreement to act as, Collateral Agent on behalf of the Purchaser Parties under the Common Terms Agreement, the Qualcomm/Ericsson Note Purchase Agreement 41 Pari Passu Collateral Documents and the other Note Documents, as applicable, subject to the terms and conditions set forth in such documents.

  • The Administrative Agent is further hereby authorized to act as, or to appoint and authorize the Person or Persons specified in the Collateral Agency and Intercreditor Agreement to act as, Collateral Agent on behalf of the Secured Parties under the Collateral Agency and Intercreditor Agreement, the Pari Passu Collateral Documents and the other Note Documents, as applicable, subject to the terms and conditions set forth in such documents.

  • As to any matter not expressly provided for by this Agreement or the other Pari Passu Collateral Documents, the Pari Passu Collateral Agent will act or refrain from acting as directed in writing by the ABL Controlling Agent and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the ABL Claimholders.


More Definitions of Pari Passu Collateral Documents

Pari Passu Collateral Documents means the Security Agreements, the Mortgages, the Deposit Account Agreements, the Consents to Assignment, the Consents and Waivers and all accounts pledge agreements, financing statements, assignments and other documents executed or delivered from time to time in connection therewith or otherwise to secure the Company's or any other Company Party's Pari Passu Obligations under the Pari Passu Financing Documents, in each case as amended from time to time.
Sample 1
Pari Passu Collateral Documents means Pari Passu Collateral Documents (as defined in the Pari Passu Intercreditor Agreement).
Sample 1

Related to Pari Passu Collateral Documents

  • Senior Collateral Documents means the Security Agreement and the other “Collateral Documents” as defined in the Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

  • Second Priority Collateral Documents means the Initial Second Priority Collateral Documents and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any Grantor for purposes of providing collateral security for any Second Priority Debt Obligation.

  • ABL Collateral Documents means all “Security Documents” as defined in the Original ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any ABL Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or modified from time to time.

  • Foreign Collateral Documents means each agreement that creates or purports to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties in any Foreign Collateral.

  • 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.

  • Collateral Documents means, collectively, the Security Agreement, the Intellectual Property Security Agreements, the Mortgages (if any), each of the collateral assignments, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent, Collateral Agent or the Lenders pursuant to Sections 4.01(1)(c), 6.11 or 6.13 and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of the Collateral Agent for the benefit of the Secured Parties.

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

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • ABL Security Documents means any agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed.

  • Second Priority Documents means each Second Priority Agreement, each Second Priority Security Document and each Second Priority Guarantee.

  • First Priority Documents means the First Priority Agreement, each First Priority Security Document and each First Priority Guarantee.

  • Pari Passu Intercreditor Agreement means an intercreditor agreement among the Administrative Agent and the other parties from time to time party thereto, substantially in the form of Exhibit I.

  • Collateral Security Documents Any document or instrument given to secure or guaranty the Mortgage Loan, including without limitation, the Mortgage, each as amended, supplemented, assigned, extended or otherwise modified from time to time.

  • Permitted Pari Passu Intercreditor Agreement means, with respect to any Liens on Collateral that are intended to be pari passu with the Liens securing the Term B-1 Loans (and other Loan Obligations that are pari passu with the Term B-1 Loans), either (as the Borrower shall elect) (x) the First Lien/First Lien Intercreditor Agreement, (y) another intercreditor agreement not materially less favorable to the Lenders vis-à-vis such pari passu Liens than the First Lien/First Lien Intercreditor Agreement (as determined by the Borrower in good faith) or (z) another intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of liens on a pari passu basis at the time such intercreditor agreement is proposed to be established in light of the type of Indebtedness to be secured by such liens, as determined by the Administrative Agent and the Borrower in the exercise of reasonable judgment.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.

  • First Lien Security Documents means, collectively, (i) the Credit Agreement Collateral Documents and (ii) the Additional First-Lien Security Documents.

  • Senior Security Documents means with respect to any Senior Secured Party, the Security Documents that secure the Senior Obligations.

  • First Priority Lien Obligations means (i) all Secured Bank Indebtedness, (ii) all other Obligations (not constituting Indebtedness) of the Issuer and its Restricted Subsidiaries under the agreements governing Secured Bank Indebtedness and (iii) all other Obligations of the Issuer or any of its Restricted Subsidiaries in respect of Hedging Obligations or Obligations in respect of cash management services in each case owing to a Person that is a holder of Indebtedness described in clause (i) or Obligations described in clause (ii) or an Affiliate or Representative of such holder at the time of entry into such Hedging Obligations;

  • Pari Passu Lien Obligations means any Financial Indebtedness that has equal or substantially equal Security Interest priority to the Facilities on the Security (taking into account any intercreditor arrangements).

  • First Priority Security Documents means each agreement or document granting or purporting to xxxxx x Xxxx on any Common Collateral to secure First Priority Obligations.

  • Pari Passu Debt means any Indebtedness of the Company or any Guarantor that ranks pari passu in right of payment with the Notes or such Guarantee, as applicable.

  • Second Lien Security Documents means the “Security Documents”, as defined in the Second Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Lien are governed.