Examples of Subordinated Lien Documents in a sentence
In the event of any conflict between any term, covenant, or condition of this Agreement and any term, covenant or condition of any of the Senior Loan Documents, the provisions of the Lease pertaining to the Liens in favor of the Subordinated Creditor or the Subordinated Lien Documents, or any of the Subordinated Lien Documents, the provisions of this Agreement shall control and govern.
Until the Senior Debt has been indefeasibly paid in full in cash and all lending commitments under the Senior Debt Documents have terminated, and notwithstanding anything to the contrary contained in the Subordinated Lien Documents, the Subordinated Creditor shall not, without the prior written consent of the Senior Agent, agree to any amendment, modification, or supplement to the Subordinated Lien Documents.
Except as otherwise expressly set forth in Section 2.1(a), Section 2.2(a), Section 2.3, Section 3.5 and Article 6 of this Agreement, each Subordinated Lien Collateral Agent and Subordinated Lien Secured Party may exercise rights and remedies as an unsecured creditor against the Company or any Subsidiary that has guaranteed the applicable Subordinated Lien Obligations in accordance with the terms of the applicable Subordinated Lien Documents and applicable law.
From and after the date upon which the Discharge of ABL Obligations shall have occurred (or, with respect to the CF Collateral Agent, acting on behalf of itself and the CF Secured Parties, prior thereto upon the occurrence of the CF Enforcement Date), the Subordinated Lien Collateral Agents or any Subordinated Lien Secured Party may Exercise Any Secured Creditor Remedies under the applicable Subordinated Lien Documents or applicable law as to any Common Collateral.