Senior Priority Agent definition

Senior Priority Agent means any of the Original First Lien Agent or any Additional Agent under any Senior Priority Documents.
Senior Priority Agent means any of the Original First Lien Agent[, the [ ] First Lien Agent]vii or any Additional Agent under any Senior Priority Documents.
Senior Priority Agent means any of the Term Loan Agent or any Additional Agent under any Senior Priority Documents.

Examples of Senior Priority Agent in a sentence

  • In furtherance of, and subject to, the foregoing, each Junior Priority Agent agrees that it will execute any and all Lien releases or other documents reasonably requested by any Senior Priority Agent in connection therewith, so long as the net cash proceeds, if any, from such sale described in clause (A) above of such Collateral are applied in accordance with the terms of this Agreement.

  • If any Senior Priority Agent or Senior Priority Creditor is required in any Insolvency Proceeding or otherwise to turn over or otherwise pay to the estate of any Credit Party or any other Person any payment made in satisfaction of all or any portion of the Senior Priority Obligations (a “Senior Priority Recovery”), then the Senior Priority Obligations shall be reinstated to the extent of such Senior Priority Recovery.

  • Each Junior Priority Agent agrees, for itself and on behalf of the Junior Priority Creditors represented thereby, that it will not oppose any sale consented to by any Senior Priority Agent of any Collateral pursuant to Section 363(f) of the Bankruptcy Code (or any similar provision under the law applicable to any Insolvency Proceeding) so long as the proceeds of such sale are applied in accordance with this Agreement.

  • Each Junior Priority Agent, for itself and on behalf of the Junior Priority Creditors represented thereby, agrees that no payment by such Junior Priority Agent or any such Junior Priority Creditor to any Senior Priority Agent or Senior Priority Creditor pursuant to the provisions of this Agreement shall entitle such Junior Priority Agent or Junior Priority Creditor to exercise any rights of subrogation in respect thereof until the Discharge of Senior Priority Obligations shall have occurred.


More Definitions of Senior Priority Agent

Senior Priority Agent means any of the ABL Agent or any Additional Agent under any Senior Priority Documents.
Senior Priority Agent means, initially, each Initial Senior-Priority Agent and, if applicable after the date hereof, any Additional Agent and its successors and assigns, including any replacement or successor agent or any additional agent, in its capacity as agent, trustee or other representative (if any) under any applicable Additional Senior-Priority Documents.
Senior Priority Agent as defined in the First Lien Intercreditor Agreement.
Senior Priority Agent means, (a) with respect to the ABL Priority Collateral, prior to the discharge of ABL Priority Obligations, the ABL Agent, and (b) with respect to the Note Priority Collateral, prior to the Discharge of Note Priority Obligations, the Note Agents.
Senior Priority Agent means any of the Original Senior Lien Agent[, the [ ] Senior Lien Agent](9) or any Additional Agent under any Senior Priority Documents.
Senior Priority Agent means any of the April 2012 First Lien Agent or any Additional Agent under any Senior Priority Documents.
Senior Priority Agent means any of the Note Collateral Agent or any Additional Agent under any Senior Priority Documents.