Common use of Senior Priority Debt Clause in Contracts

Senior Priority Debt. The Grantor shall furnish to the Trustee, as long as any Senior Priority Debt is outstanding, with copies of all agreements or instruments evidencing or governing the Senior Priority Debt, including copies of all schedules thereto relating to the Collateral, and all amendments, restatements, modifications, renewals, extensions or replacements thereof; provided that documents reflecting modifications or other alterations to such agreements need only be provided to Trustee to the extent that they relate to or affect the Collateral. Such documents shall be furnished to Trustee within five Business Days of the execution of such documents.

Appears in 2 contracts

Samples: Document Security Agreement (Silicon Graphics Inc), Security Agreement (Silicon Graphics Inc)

AutoNDA by SimpleDocs

Senior Priority Debt. The Grantor shall furnish to the Trustee, as long as any Senior Priority Debt is outstanding, with copies of all agreements or instruments evidencing or governing the Senior Priority Debt, including copies of all schedules thereto relating to the Collateral, and all amendments, restatements, modifications, renewals, extensions or replacements thereofthereof ; provided that documents reflecting modifications or other alterations to such agreements need only be provided to Trustee to the extent that they relate to or affect the Collateral. Such documents shall be furnished to Trustee within five Business Days of the execution of such documents.

Appears in 2 contracts

Samples: Security Agreement (Silicon Graphics Inc), Security Agreement (Silicon Graphics Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.