Second Priority Debt Documents definition

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.
Second Priority Debt Documents means, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, credit agreements and other operative agreements or instruments evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.
Second Priority Debt Documents means (a) the Initial Second Lien Debt Documents and (b) any Additional Second Priority Debt Documents.

Examples of Second Priority Debt Documents in a sentence

  • Neither any Senior Priority Representative nor any other Senior Priority Secured Party shall have any duty to any Second Priority Representative or Second Priority Secured Party to act or refrain from acting in a manner that allows, or results in, the occurrence or continuance of an event of default or default under any agreement with the Issuer or any other Grantor (including the Second Priority Debt Documents), regardless of any knowledge thereof that they may have or be charged with.

  • Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Secured Party of rights or remedies in respect of Shared Collateral.

  • The Second Priority Representatives and the Second Priority Secured Parties may exercise rights and remedies as unsecured creditors against the Issuer and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable Law so long as such rights and remedies do not violate, or are not otherwise inconsistent with, any other provision of this Agreement.


More Definitions of Second Priority Debt Documents

Second Priority Debt Documents means the “Indenture Documents”, as defined in the Second Priority Debt Agreement.
Second Priority Debt Documents means the Initial Second Lien Debt Documents and any Additional Second Priority Debt Documents.
Second Priority Debt Documents means (a) with respect to the Securities, this Indenture and the Securities and (b) with respect to any other series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Debt, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time.
Second Priority Debt Documents means, collectively, (a) the 9.25% Senior Secured Second Lien Notes Indenture and (b) the Additional Second Priority Debt Documents.
Second Priority Debt Documents shall have the meaning assigned to such term in the Second Lien Intercreditor Agreement.
Second Priority Debt Documents means the Second Priority Credit Agreement and the “Loan Documents” as such term is defined in the Second Priority Credit Agreement or any similar term in any Second Priority Debt Document in respect of any Refinancing of the Second Priority Credit Agreement.