Senior Collateral definition

Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

Senior Collateral means with respect to any Senior Secured Party, any Collateral on which it has a Senior Lien.

Senior Collateral means all the “Senior Collateral” or “Collateral” as defined in any Senior Collateral Document.

Examples of Senior Collateral in a sentence

• Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

• In exercising rights and remedies with respect to the Senior Collateral, the Senior Representatives and the Senior Secured Parties may enforce the provisions of the Senior Debt Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.

• The Senior Collateral Management Fee, the Subordinated Collateral Management Fee and the Incentive Collateral Management Fee.

• Notwithstanding the foregoing, the relative rights and obligations of the Senior Secured Collateral Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any Senior Collateral shall be governed by the terms of the First Lien Intercreditor Agreement and in the event of any conflict between the First Lien Intercreditor Agreement and this Agreement, the provisions of the First Lien Intercreditor Agreement shall control.

• The Current Deferred Senior Collateral Management Fee and the Current Deferred Subordinated Collateral Management Fee.

More Definitions of Senior Collateral

Senior Collateral means, (i) in the case of [A/R Lender], all A/R Facility Senior Collateral and (ii) in the case of CRG, all CRG Senior Collateral.

Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligation.

Senior Collateral means all of the assets of the Grantors, whether real, personal or mixed, with respect to which a Lien is granted as security for any Senior Claim, including but not limited to all of the “Collateral” as defined in each Senior Document and each Senior Collateral Document.

Senior Collateral as defined in any Senior Collateral Document and shall also include the Mortgaged Properties and the proceeds thereof, but shall not in any event include the PCS/Drugstore Pledged Collateral and the Exchange Debt First Priority Collateral.

Senior Collateral means the “Collateral”, as defined in the Loan Agreement.

Senior Collateral means all of the assets and property of the Borrowers now owned or hereafter acquired, whether real, personal or mixed, in or upon which a Lien is granted or purported to be granted to the Senior Financing Parties as security for any Senior Obligation pursuant to the Senior Documents. Exh. F-8

Senior Collateral means all Collateral secured by a Mortgage or a first-priority perfected pledge of equity that, in either case, would not be subordinate (structurally or otherwise) to the Lien of a hypothetical secured lender (such as a DIP lender) in a hypothetical bankruptcy of AFRT, Operating Partnership or their respective subsidiaries, other than the Lien of the Encumbered Property Debt as listed on Schedule O.