Examples of Senior Collateral Documents in a sentence
The policy requires that cashback provided by group companies of a marketplace entity to buyers shall be fair and non- discriminatory.
Without notice to or consent of Subordinate Lender, Trustee reserves and shall have the right to (a) extend, compromise, modify or amend the Senior Obligation and/or the Senior Collateral Documents.
The Senior Collateral Agent acting pursuant to this Section 6.5 shall not have by reason of the Senior Collateral Documents, the Third Lien Collateral Documents, this Agreement or any other document or theory, a fiduciary relationship in respect of any Senior Collateral Agent, any Senior Claimholder, the Third Lien Collateral Agent or any Third Lien Claimholder.
In the event of any conflict or inconsistency between the provisions of this Agreement and the provisions of any of the other Senior Debt Documents or Senior Collateral Documents, the provisions of this Agreement shall control.
Subject to Section 3.7, it is expressly understood and agreed that upon any release, sale or disposition of Senior Collateral permitted pursuant to the terms of the Senior Collateral Documents that results in a release of the Liens of the Senior Agent, the Liens of the Offtaker shall be automatically and unconditionally released with respect to such Senior Collateral with no further consent or action of any person necessary.