Common use of Senior Security Documents Clause in Contracts

Senior Security Documents. the Mortgages, all other Security Documents and any other security agreements, pledge agreements, deeds of trust, mortgages, control agreements or other agreements providing liens or security interests in favor of the Senior Agent in the property described therein in order to secure the obligations of the Borrowers or any of their Subsidiaries of Affiliates with respect to any of the Senior Debt.

Appears in 2 contracts

Sources: Subordination and Intercreditor Agreement (P&f Industries Inc), Subordination and Intercreditor Agreement (P&f Industries Inc)

Senior Security Documents. the Mortgages, all other Security Documents and any other security agreements, pledge agreements, deeds of trust, mortgages, control agreements or other agreements providing liens or security interests in favor of the Senior Agent in the property described therein in order to secure the obligations of the Borrowers or any of their Subsidiaries of Affiliates with respect to any of the Senior Debt. Subordinated Creditor: as defined in the first paragraph of this Agreement.

Appears in 1 contract

Sources: Subordination and Intercreditor Agreement (P&f Industries Inc)