Examples of Senior Security Documents in a sentence
All rights of control, use, occupancy, and enjoyment of the Licensed Area by Licensee, as provided in this SLA, are subordinate and subject to the rights, covenants, and obligations of the State, SPWB, and the Judicial Council as set forth in any Senior Security Documents.
Neither the Judicial Council nor anyone claiming by, through, or under the Judicial Council have any rights in or to the System at any time under the Senior Security Documents except as otherwise provided in this SLA.
Upon request by Licensee, a copy of the Senior Security Documents will be provided to Licensee by the Judicial Council within a reasonable time period.
The Judicial Council and the SPWB acknowledge that Licensee may be financing the acquisition and installation of the System with financing accommodations from one or more Lenders and that Licensee’s obligations under the financing documents may be secured by, among other collateral, a pledge or collateral assignment of Licensee’s rights under this SLA and a first security interest in the System subject to subordination to Senior Security Documents as set forth in Section 4.
The Judicial Council and the SPWB acknowledge that Licensee may be financing the acquisition and installation of the System with financing accommodations from one or more Lenders and that Licensee’s obligations under the financing documents may be secured by, among other collateral, a pledge or collateral assignment of Licensee’s rights under this SLA and a first security interest in the System subject to subordination to Senior Security Documents as set forth in section 4.