Examples of Senior Agreements in a sentence
Borrower has good title to all its properties and assets, free and clear of all Security Interest, except for permitted Security Interest under the Senior Agreements.
Pursuant to the Act, the Authority may enter into, amend or terminate, as it determines to be necessary or appropriate, any ancillary or swap contracts, including Senior Agreements, to facilitate the issuance, sale, resale, purchase, repurchase or payment of Bonds or Notes.
The Issuer shall have the right, subject to the applicable terms and conditions of the Senior Agreements, to redeem all or any portion of Outstanding Principal Amount at the Redemption Price, giving written notice with at least five (5) Business Days prior to the date of payment.
For this purpose Debt Service on Senior Agreements shall be characterized in accordance with their financial terms and interest on overdue principal shall be treated as coming due on the first day of each month.
Until the Senior Discharge Date, no High Yield Notes Guarantor may assign any of its rights or transfer any of its rights or obligations under this Agreement (other than in connection with a transaction in which the applicable High Yield Notes Guarantee is assigned or transferred to or otherwise assumed by another person in a transaction not prohibited by the High Yield Notes Indenture or the Senior Agreements (and having regard to the terms of the High Yield Notes Major Terms)).