Senior Security Interest definition

Senior Security Interest means any security interest in or lien on the “Collateral” (as defined in the Senior Loan Agreement) in favor of Lender arising from the Senior Debt.
Senior Security Interest means the first priority security interest in the Pledged Collateral created pursuant to the Pledge Agreement of even date herewith between GECC, as agent under the Credit Agreement (as defined below) for the benefit of the lenders party thereto, and the Pledgor (the "Senior Pledge Agreement").
Senior Security Interest means the security interest created, or purported to be created, in favor of the T4 Collateral Agent, for the benefit of the Senior Secured Parties, pursuant to the Senior Security Documents.

Examples of Senior Security Interest in a sentence

  • Except as set out in the prior sentence, the Senior Secured Hedge Counterparties shall have all of the same rights, privileges, and duties of other Senior Secured Parties in respect of the Senior Security Interest, including the sharing of proceeds upon an enforcement in accordance with Section 9.8.


More Definitions of Senior Security Interest

Senior Security Interest means the security interest in the Collateral granted to the Senior Lender which is senior to the security interest granted to the Secured Parties hereunder. Except as otherwise provided herein or defined in the Notes, all other terms used in this Security Agreement shall have the meanings given under Chapter 9.1 of the Indiana Uniform Commercial Code, or in any other article if not defined in Chapter 9.1.
Senior Security Interest means any security interest in or Subordination Agreement – BioMed / Zosano Pharma -1-
Senior Security Interest means the security interest in and lien on the Collateral granted by the Corporation to the Secured Party under the Senior Security Agreement (as defined in the Indenture).
Senior Security Interest means the Security Interest as defined in and provided for by the Senior Pledge Agreement.
Senior Security Interest means any Security Interest in favour of the Senior Creditor created by a Senior Security Document.
Senior Security Interest in respect of any sums secured or owed to the First Creditor pursuant to the Assignment and Senior Security Interest in respect of any sums secured or owed to the Second Creditor pursuant to the Purchase Agreement pari passu and pro-rata in proportion to each contribution by the First Creditor and Second Creditor to the Senior Security Interest Purchase Price;
Senior Security Interest has the meaning assigned to such term in Section 2.01.