Examples of Senior Note Secured Parties in a sentence
This Agreement shall be binding upon the parties hereto, the ABL Secured Parties, the Senior Note Secured Parties, the Junior Note Secured Parties and their respective successors and assigns.
In the event of a conflict between the terms of this Agreement and the Notes Intercreditor Agreement with respect to any matter pertaining solely to the respective rights or obligations of the Junior Note Secured Parties, on the one hand, and the Senior Note Secured Parties, on the other hand, then the Notes Intercreditor Agreement shall prevail.
This Agreement and the rights and benefits hereof shall inure to the benefit of the ABL Secured Parties, the Senior Note Secured Parties, the Junior Note Secured Parties, and each of their respective successors and assigns.
Notwithstanding anything to the contrary in this Agreement, the parties hereto acknowledge and agree that the rights and obligations of the Senior Note Secured Parties and the Junior Note Secured Parties are further governed by the Notes Intercreditor Agreement.
All notices to the ABL Secured Parties, the Senior Note Secured Parties and the Junior Note Secured Parties permitted or required under this Agreement shall also be sent to the ABL Agent, the Senior Note Agent and the Junior Note Agent, respectively.
In no event shall any of the Senior Note Secured Parties or the Junior Note Secured Parties take any action to interfere, limit or restrict the rights of the ABL Agent or any ABL Secured Party or the exercise of such rights by the ABL Agent or any ABL Secured Party to have access to or to use any of such Note Priority Collateral under such possession or control pursuant to Sections 4.2 and 4.3 prior to the expiration of such periods.
Upon the Discharge of Senior Note Priority Obligations, all references to the Senior Note Agent, the Senior Note Holders or the Senior Note Secured Parties in Sections 4.3 through 4.6 shall be deemed to refer and apply to the Junior Note Agent, the Junior Note Holders or the Junior Note Secured Parties, respectively.
Notwithstanding anything to the contrary in this Agreement, the rights and obligations of the Junior Note Secured Parties, on the one hand, and the Senior Note Secured Parties, on the other hand, with respect to the Collateral shall be governed by and subject to the terms of the Notes Intercreditor Agreement.
If any payment or distribution otherwise payable or distributable to the Senior Note Secured Parties has been applied, pursuant to Section 9(a) above to the payment of the Bank indebtedness, then and in such case, the Senior Note Secured Parties shall be subrogated to the rights of the Bank Secured Parties to receive payments and distributions made on the Bank Indebtedness to the extent of the amount of the distribution or payment so made.
The existence of this Agreement shall not commit or obligate the Senior Note Secured Parties or the Bank Secured Parties to make loans or extend credit to any of the Obligor Parties.