Senior Security Agreements definition

Senior Security Agreements. Senior Loan Agreements" "Subordinated Creditor" "Subordinated Creditor Indenture" "Subordinated Indenture Indebtedness" "Subordinated Indenture Agreements"
Senior Security Agreements means any deed of trust, assignment of leases, security agreement and/or fixture filing entered into by Grantor or any Affiliate thereof to secure the Senior Indebtedness, as any of the same may be amended, modified, restated or replaced from time to time, together with any other deeds of trust, mortgages, security agreements and other documents and instruments of every type and description evidencing and securing the lien on the Facility to secure the Senior Indebtedness, whether now existing or hereafter entered into, and including any rights to enforce claims against the property covered thereby.
Senior Security Agreements has the meaning set forth in the recitals to this Agreement.

Examples of Senior Security Agreements in a sentence

  • In the event that a Senior Secured Party should exercise any right to foreclose on the lien of any Senior Security Agreements, then the Secured Party shall have the right to bid to purchase the Facility at any foreclosure sale.

  • The priority of any and all Senior Security Agreements over this Deed of Trust shall be effective without reference to the time, order or method of attachment of the liens of either any Senior Security Agreements or this Deed of Trust on any property.

  • Such exclusive rights shall include, specifically (but not by way of limitation) the right to sell or otherwise dispose of (or not take any such action), any or all of the BH First Priority Collateral and to incur expenses in connection therewith, all as may be desirable in the BH Senior Agent's sole discretion to the extent provided in the BH Senior Security Agreements (only to the extent related to the BH First Priority Collateral).

  • Without limiting the generality of the foregoing, the sole right of each of the CR Senior Agent, the CR Senior Lenders and the Junior Subordinated Trustee with respect to the BH First Priority Collateral is to hold a Lien thereon granted pursuant to the CR Senior Security Agreements or the Junior Subordinated Security Agreements, as the case may be, and not exercise any Remedial Action with respect thereto or exercise any Guaranty Action with respect to a BH Guarantor.

  • Borrowers have each entered into Security Agreements in favor of the Senior Lender, dated as of September 30, 2000 (the "SENIOR SECURITY AGREEMENTS"), granting Senior Lender a security interest in the Collateral (as such term is defined in the Senior Security Agreements) to secure Borrowers' obligations under the Senior Loan Agreement.

  • In addition, unless Secured Party shall consent otherwise in writing, Debtor will keep the Collateral free from any lien, security interest or encumbrance, except for the security interests created by this Agreement and the Senior Security Agreements.

  • Security policies that are defined perfectly play a role in securing systems.

  • The Company will at all times -------------------------- comply in all material respects with all covenants, conditions, warranties, representations, restrictions and requirements of all Senior Security Agreements.

  • Notwithstanding anything to the contrary contained herein (a) no Grantor shall be in default or breach hereunder for failure to take any action hereunder if the Grantor used its commercially reasonable efforts to take such action and (b) if the First Lien Termination Date has not occurred, no Grantor shall be required to take any action hereunder if a similar action is not required to be taken under the Senior Security Agreements.

  • No provision of the Indenture, this Pledge Agreement or any of the other Operative Documents purporting to authorize or permit the Company to take or omit to take any action shall authorize or permit any action or omission which is not authorized or permitted by the Senior Security Agreements.


More Definitions of Senior Security Agreements

Senior Security Agreements means the Pledgeholder Agreement, Copyright -------------------------- Security Agreement, Copyright Security Agreement Supplements and Trademark Security Agreement, as such terms are defined in the Credit Agreement.
Senior Security Agreements means any deed of trust, assignment of
Senior Security Agreements. Subordinated Creditor"
Senior Security Agreements means each of the Security Agreements (as defined in each of the Senior Credit Agreements).

Related to Senior Security Agreements

  • Senior Security Documents means with respect to any Senior Secured Party, the Security Documents that secure the Senior Obligations.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • ABL Security Agreement means the Security Agreement (as defined in the ABL Credit Agreement).

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • IP Security Agreements means the Trademark Security Agreement, the Patent Security Agreement and the Copyright Security Agreement.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Senior Security Account means an account maintained and specifically allocated to a Series under the terms of this Agreement as a segregated account, by recordation or otherwise, within the custody account in which certain Securities and/or other assets of the Fund specifically allocated to such Series shall be deposited and withdrawn from time to time in accordance with Certificates received by the Custodian in connection with such transactions as the Fund may from time to time determine.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Security Agreements means the U.S. Security Agreement and the Canadian Security Agreement.

  • IP Security Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Collateral Agent and dated as of the Effective Date, as may be amended, restated, or otherwise modified or supplemented from time to time.

  • Senior Secured Note Documents means the Senior Secured Note Indenture, the Senior Secured Note Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any security document relating to the Senior Secured Notes and/or the Senior Secured Note Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture, the Senior Secured Notes Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any security document relating to the Senior Secured Notes and/or the Senior Secured Notes Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Senior Security or “Senior Securities” means any Security or Securities designated pursuant to Section 301 as a Senior Security.

  • Senior Secured Credit Facilities means the amended and restated senior secured credit facilities dated November 30, 2016 among Studio City Company Limited, the guarantors named therein, the financial institutions named as lenders therein and the agent for such lenders, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, as such facilities may be amended, restated, modified, renewed, supplemented, replaced or refinanced from time to time.

  • Note Agreements means, collectively, the 2011 Note Agreement and the 2014 Note Agreement.

  • Senior Secured Obligations means (a) with respect to the Revolving Facility Obligations (to the extent such Obligations are secured by the Noteholder First Lien Collateral), the Noteholder Obligations, and (b) with respect to Noteholder Obligations (to the extent such Obligations are secured by the Revolving Facility First Lien Collateral), the Revolving Facility Obligations.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Trademark Security Agreements means the Trademark Security Agreements made in favor of Agent, on behalf of itself and Lenders, by each applicable Credit Party.

  • Loan and Security Agreement “thereunder”, “thereof” or similar words referring to the Loan Agreement shall mean and be a reference to this Agreement and (b) each reference in the Financing Agreements to a “Note” or “Revolving Credit Note” shall mean and be a Revolving Credit Note as defined in this Agreement.

  • Short-Form IP Security Agreements means short-form patent, trademark or copyright (as the case may be) security agreements, substantially in the forms of Exhibits J, K and L to this Agreement, as applicable, entered into by one (1) or more Obligors in favor of the Administrative Agent for the benefit of each Secured Party.