Designation as Senior Debt. All ABL Credit Obligations shall be “Designated Senior Indebtedness” or similar term for purposes of and as defined in any documentation with respect to any Subordinated Indebtedness.
Appears in 8 contracts
Samples: Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.)
Designation as Senior Debt. All The ABL Credit Obligations shall be constitute “Designated Senior IndebtednessDebt,” or any similar term for purposes of under and as defined in any documentation with respect the agreements relating to any Subordinated Indebtedness of the Lead Borrower or any Guarantor, including any subordinated Indebtedness, which contains such designation.
Appears in 2 contracts
Samples: Abl Credit Agreement (GMS Inc.), Abl Credit Agreement (GMS Inc.)
Designation as Senior Debt. All The ABL Credit Obligations shall be constitute “Designated Senior Indebtedness” Debt”, or any similar term for purposes of under and as defined in any documentation with respect the agreements relating to any Subordinated Indebtedness of the Lead Borrower or any Guarantor, including any subordinated Indebtedness, which contains such designation.
Appears in 1 contract
Samples: Intellectual Property Security Agreement (GMS Inc.)
