Senior Priority Debt Documents definition

Senior Priority Debt Documents means (a) the First Lien Credit Agreement Credit Documents and (b) any Additional Senior Priority Debt Documents.
Senior Priority Debt Documents means, with respect to any class of Senior-Priority Obligations, promissory notes, indentures, credit agreements, the Senior-Priority Collateral Documents or other operative agreements evidencing or governing such Senior-Priority Obligations, as the same may be amended, restated, supplemented or otherwise modified from time to time.
Senior Priority Debt Documents shall have the meaning provided to such term in the First Lien/S“Senior Priority Obligations” shall have the meaning provided to such term in the First Lien/Second Lien Intercreditor Agreement.

Examples of Senior Priority Debt Documents in a sentence

  • The Senior Priority Secured Parties will be entitled to manage and supervise their respective loans and extensions of credit under the Senior Priority Debt Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate, and the Senior Priority Secured Parties may manage their loans and extensions of credit without regard to any rights or interests that the Non-Senior Priority Parties have in the Collateral or otherwise, except as otherwise provided in this Agreement.

  • Each Non-Senior Priority Representative, acknowledges and agrees that neither any Senior Priority Representative nor any other Senior Priority Secured Party has made any express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectability or enforceability of any of the Senior Priority Debt Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon.

  • Senior Priority Debt Documents, while others only leaving a million hundred new leads per quarter.

  • Except as otherwise provided herein, all payments received by the Senior Priority Secured Parties may be applied, reversed and reapplied, in whole or in part, to such part of the Senior Priority Obligations as the Senior Priority Secured Parties, in their sole discretion, deem appropriate, consistent with the terms of the Senior Priority Debt Documents.

Related to Senior Priority Debt Documents

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • First Lien Intercreditor Agreement means an Intercreditor Agreement among the representative of such holders of First Lien Obligations, the Collateral Representative, the Credit Parties and any other First Lien Secured Parties from time to time party thereto, whether on the Conversion Date or at any time thereafter, in a form that is reasonably satisfactory in form and substance to the Borrower and the Collateral Agent.

  • Junior Lien Intercreditor Agreement means an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent between the Administrative Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to the Liens of the Loan Documents.