Examples of Borrower Credit Agreement Obligations in a sentence
Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Borrower Credit Agreement Obligations or Guarantor Obligations, as applicable, and the fees and disbursements of any attorneys employed by the Collateral Agent or any other Credit Agreement Secured Party to collect such deficiency.
Neither the Collateral Agent nor any other Credit Agreement Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Borrower Credit Agreement Obligations or for the guarantee contained in this Section 2 or any property subject thereto.
Each Guarantor waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Borrower or any of the Guarantors with respect to the Borrower Credit Agreement Obligations.
The Borrower Credit Agreement Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” of the Borrower under and as defined in the Senior Subordinated Note Indenture and no other obligations of any Group Member (other than the Senior Notes) constitute “Designated Senior Indebtedness” under the Senior Subordinated Note Indenture.
All representations and warranties made hereunder, in the other Loan Documents and in any document, certificate or statement delivered pursuant hereto or in connection herewith shall survive the execution and delivery of this Agreement and the making of the Loans and other extensions of credit hereunder, until all Loans, Borrower Credit Agreement Obligations and Borrower Hedge Agreement Obligations have been indefeasibly satisfied and paid in full.