Senior Liabilities definition

Senior Liabilities means all present and future moneys, debts and liabilities due, owing or incurred by the Obligors to any Finance Party under or in connection with any Finance Document (in each case, whether alone or jointly, or jointly and severally, with any other person, whether actually or contingently and whether as principal, surety or otherwise).

Senior Liabilities means all Liabilities except the Subordinated Liabilities and Excluded Liabilities;

Senior Liabilities means the Senior Facility Liabilities and the Hedging Liabilities.

Examples of Senior Liabilities in a sentence

• All obligations of each the Company and/or any of its Subsidiaries to the Senior Lender, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent or now or hereafter existing, or due or to become due are referred to as "Senior Liabilities".

• The Commission shall not, by virtue of being a party to this Agreement, be taken to be a trustee for, or have any obligations to any person, including for the avoidance of doubt, any person to whom some or all of the Senior Liabilities are owed.

• The foregoing liabilities that rank senior to the Guarantee are collectively called "UBS AG Senior Liabilities".

• In the event of the Borrower's insolvency or the Borrower becoming unable at any time to comply with any applicable provisions of the Financial Resources Rules, the rights of the Lender in respect of the Subordinated Liabilities will be subordinated in all respects to the rights of Senior Creditors in respect of the Senior Liabilities.

• In order to secure the due and punctual payment and performance of the Senior Liabilities, the Subordinate Lender hereby pledges, transfers, assigns, and grants to the Bank a continuing security interest in and lien upon the Subordinated Loan Documents.

More Definitions of Senior Liabilities

Senior Liabilities. ’ means all liabilities of the Issuer except subordinated liabilities; and

Senior Liabilities means the Senior Lender Liabilities and the Hedging Liabilities.

Senior Liabilities means all obligations of the Purchaser to the Trust and any other obligations of the Purchaser arising under or in connection with the Sale and Servicing Agreement, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or thereafter existing, or due or to become due on or before the Final Maturity Date.

Senior Liabilities as used herein, shall include, without limitation, any and all interest accruing on any of the Senior Liabilities after the commencement of any proceedings referred to in paragraph 4 hereof, notwithstanding any provision or rule of law which might restrict the rights of the Bank, as against the Borrowers or anyone else, to collect such interest.

Senior Liabilities means all amounts that are “Senior Secured Liabilities” under and as defined in the Intercreditor Agreement or which do not constitute such liabilities solely because they are unsecured and the holders thereof have accordingly not become parties to the Intercreditor Agreement.

Senior Liabilities means for any Person at any time, all Debt, other than contingent liabilities and Subordinated Debt.

Senior Liabilities means all Liabilities of the Borrower arising under or in connection with the Finance Documents.