Examples of Collateral Security Documents in a sentence
Any Person into which the Shared Collateral Agent may be merged, or with which it may be consolidated, or any Person resulting from any merger or consolidation to which the Shared Collateral Agent shall be a party, shall be Shared Collateral Agent under this Intercreditor Agreement and the Shared Collateral Security Documents without the execution or filing of any paper or any further act on the part of the parties hereto.
Lender may exercise all enforcement remedies specified or permitted in the Collateral Security Documents or any remedy available to Lender at law or in equity.
Other than with respect to Permitted Encumbrances, which must be junior in priority to the lien granted to Lender pursuant to the Collateral Security Documents, no other lien shall be permitted on such Collateral.
The Loan Documents shall include, but not be limited to, the Collateral Security Documents, the Note, the Disbursing Agreement and this Loan Agreement.
Except for the Permitted Liens and Encumbrances, Borrower has not taken, suffered or permitted any action, the effect of which would be to establish or cause the inception or priority of any construction or materialman’s lien, statutory or otherwise, or other lien, charge or encumbrance upon the Real Estate or the Secured Assets to be prior or superior to the liens and security interests of the Collateral Security Documents.