Revolving Liens definition

Revolving Liens means Liens permitted under Section 8.02(o) in favor of the Revolving Agent pursuant to the Revolving Loan Documents to secure the Revolving Obligations.

Revolving Liens means Liens granted in favor of the Secured Parties (as defined in the Revolving Credit Agreement) pursuant to the Revolving Credit Documents.

Revolving Liens means Liens on the ABL Collateral created under the Revolving Collateral Documents and securing the Revolving Obligations and any Liens incurred in connection with any Refinancing of Revolving Obligations that are deemed to be “Revolving Liens” under Section 5.5.

Examples of Revolving Liens in a sentence

• In the event of any conflict or inconsistency between the provisions of the Intercreditor Agreement and this Supplement with respect to the Revolving Priority Collateral and the Revolving Liens, the provisions of the Intercreditor Agreement shall prevail.

• In the event of any conflict or inconsistency between the provisions of the Intercreditor Agreement and this Agreement with respect to the Revolving Priority Collateral and Revolving Liens, the provisions of the Intercreditor Agreement shall prevail.

• Notwithstanding anything herein to the contrary, this Supplement, the Liens and security interests granted to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Supplement and the exercise of any right or remedy by the Collateral Agent and the other Secured Parties hereunder, in each case, with respect to the Revolving Priority Collateral and Revolving Liens are subject to the provisions of the Intercreditor Agreement.

• The Term Collateral Agent, on behalf of itself and the Term Secured Parties, agrees that none of them shall oppose (or support any other Person opposing) any motion the Revolving Collateral Agent seeking relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of the ABL Collateral in which it holds Revolving Liens.

• Notwithstanding anything herein to the contrary, this IP Security Agreement, the Liens and security interests granted to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this IP Security Agreement and the exercise of any right or remedy by the Collateral Agent and the other Secured Parties hereunder, in each case, with respect to the Revolving Priority Collateral and Revolving Liens are subject to the provisions of the Intercreditor Agreement.

More Definitions of Revolving Liens

Revolving Liens means Liens securing the Revolving Obligations (as such term is defined in the Intercreditor Agreement).

Revolving Liens means Liens securing the Revolving Claims.

Revolving Liens means Liens securing the obligations outstanding under the Revolving Loan Documents.

Revolving Liens means Liens securing repayment of the Revolving Indebtedness, provided the same are subject to Subordination Agreements in favor of, and in form and content reasonably acceptable to, Agent.

Revolving Liens means Liens permitted under Section 8.02(n) in favor of the Revolving Agent pursuant to the Revolving Loan Documents to secure the Revolving Obligations.

Revolving Liens shall have the meaning assigned to such term in Section 6.02(r).

Revolving Liens means Liens on the Collateral securing the Revolving Obligations, including all such Liens created under the Revolving Collateral Documents, now or hereafter held by or on behalf of the Revolving Collateral Agent or any other Revolving Secured Party, or any agent or trustee therefor, whether or not created following the commencement of any Insolvency or Liquidation Proceeding.