Examples of Super Senior Finance Documents in a sentence
Any proceeds from a realisation of the Chateau Securities due to a breach of the Chateau Securities Requirements as set forth in Clause 5.9.5(i) will be placed on a bank account pledged in favour of the Holders and the Agent and the Secured Creditors as continuing security for the due and punctual fulfilment of the Issuer’s obligations under the Finance Documents and the Super Senior Finance Documents.
Subordinated Liabilities:Prior to the final discharge date of the Primary Creditors, neither the Issuer nor any other Debtor shall, and the Issuer shall procure that no other Group Company will, make any payment of Subordinated Liabilities, other than (i) prior to the occurrence of an acceleration event under the relevant Debt Documents, to the extent permitted under the Bond Terms and the Super Senior Finance Documents; or (ii) following an acceleration event, with the consent of the Instructing Group.
Hedging Agreements), the Debtors and the Third Party Security Providers may amend or waive the terms of the Super Senior Finance Documents in accordance with their terms (and subject only to any consent required under them) at any time; and nothing in this Agreement or any other Debt Document shall restrict any amendments and waivers made or granted in accordance with Clause 16 (New Debt Financings).
Any failure to make a Payment due under the Super Senior Finance Documents as a result of this Clause 3.1 shall not prevent the occurrence of an Event of Default as a consequence of that failure to make a Payment in relation to the relevant Super Senior Finance Document.