Senior Priority Collateral Documents definition

Senior Priority Collateral Documents means the Original First Lien Collateral Documents and the Additional Collateral Documents relating to any Senior Priority Obligations.

Senior Priority Collateral Documents means the “Security Documents” as defined in the First Lien Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the security agreements and other instruments and documents executed and delivered by Holdings, the Borrower or any other Grantor for purposes of providing collateral security for any Senior Priority Obligation.

Senior Priority Collateral Documents means the Original First Lien Collateral Documents[, the [ ] First Lien Collateral Documents]viii and any Additional Collateral Documents in respect of Senior Priority Obligations.

Examples of Senior Priority Collateral Documents in a sentence

• Each Secured Party acknowledges and agrees that (i) the grants of Liens pursuant to the Senior Priority Collateral Documents and the Junior Priority Collateral Documents constitute separate and distinct grants of Liens and (ii) because of, among other things, their differing rights in the Collateral, the Senior Priority Obligations are fundamentally different from the Junior Priority Obligations and must be separately classified in any plan of reorganization proposed or adopted in an Insolvency Proceeding.

• Additionally, in the event the Senior Priority Obligations of any Series are modified pursuant to applicable law (including, without limitation, pursuant to Section 1129 of the Bankruptcy Code), any reference to such Senior Priority Obligations or the Senior Priority Collateral Documents governing such Senior Priority Obligations shall refer to such obligations or such documents as so modified.

More Definitions of Senior Priority Collateral Documents

Senior Priority Collateral Documents means, collectively, the Existing Secured Notes Collateral Documents, the Credit Agreement Collateral Documents, the ABL Facility Collateral Documents and the Additional Senior-Priority Obligation Collateral Documents.

Senior Priority Collateral Documents as defined in the Base Intercreditor Agreement.

Senior Priority Collateral Documents means all ABL Collateral Documents and Additional Collateral Documents relating to any Senior Priority Obligations.

Senior Priority Collateral Documents means all Note Collateral Documents and Additional Collateral Documents relating to any Senior Priority Obligations.

Senior Priority Collateral Documents means, collectively, the Revolving Credit Collateral Documents, the 2016 Secured Notes Collateral Documents and the Senior Priority Fixed Asset Collateral Documents.

Senior Priority Collateral Documents means the Original Senior Lien Collateral Documents and the Additional Collateral Documents relating to any Senior Priority Obligations.

Senior Priority Collateral Documents means (a) with respect to ABL Priority Collateral, the ABL Collateral Documents and (b) with respect to Term Priority Collateral, the Term Collateral Documents.