Senior Secured Parties definition

Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.
Senior Secured Parties means (a) with respect to the ABL Priority Collateral, all ABL Secured Parties and (b) with respect to the Term Loan Priority Collateral, all Term Loan Secured Parties.
Senior Secured Parties means the Lenders, the Agents, any Interest Rate Protection Provider, and each of their respective successors, transferees and assigns.

Examples of Senior Secured Parties in a sentence

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

  • Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

  • In exercising rights and remedies with respect to the Senior Collateral, the Senior Representatives and the Senior Secured Parties may enforce the provisions of the Senior Debt Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.

  • Any such amendment, supplement or waiver shall be in writing and shall be binding upon the Senior Secured Parties and the Second Priority Debt Parties and their respective successors and assigns.

  • Except for the limited agreements of the Senior Representatives pursuant to Section 5.05 hereof, none of the Senior Representatives or the Senior Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Shared Collateral for the benefit of the Second Priority Representatives or the Second Priority Debt Parties.


More Definitions of Senior Secured Parties

Senior Secured Parties shall have the meaning given such term in the Intercreditor Agreement.
Senior Secured Parties means (a) the Senior Bank Parties and (b) the Independent Standby L/C Parties.
Senior Secured Parties has the meaning ascribed to such term in the Collateral Agency and Accounts Agreement.
Senior Secured Parties means Agent, Senior Lenders and Bank Product Providers.
Senior Secured Parties means the ABL Secured Parties and the Term Secured Parties, collectively.
Senior Secured Parties shall have the meaning assigned to the termSecured Parties” in the Senior Security Agreement.