Additional Third Priority Obligations definition
Additional Third Priority Obligations means all Obligations under and in respect of the Additional Third Priority Debt Documents which are permitted by the then extant First Priority Debt Documents and Second Priority Debt Documents to be secured by the Shared Collateral on a junior basis to the Obligations under and in respect of the First Priority Debt Documents and the Second Priority Debt Documents.
Additional Third Priority Obligations means all advances to, and debts, liabilities, obligations, covenants and duties of, the Company or any Grantor arising under any Additional Third Priority Debt Document or otherwise with respect to any Additional Third Priority Debt, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against the Company or any Grantor of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding; and without limiting the foregoing, the Additional Third Priority Obligations include the obligation to pay principal, interest, charges, expenses, fees, indemnities and other amounts payable by the Company or any Grantor under such Additional Third Priority Debt Document.