Examples of Discharge of Second Lien Obligations in a sentence
Secured Parties, the Discharge of Priority Lien Obligations, and in the lobby of terms Third Lien Collateral Trustee or the one Third Lien Secured Parties, the Discharge of Priority Lien Obligations and Discharge of Second Lien Obligations shall she have occurred.
Upon the Discharge of Second Lien Obligations, the Second Lien Collateral Agent shall deliver to the Company any Collateral and proceeds of Collateral held by it in the same form as received, with any necessary endorsements.
Any Common Collateral or proceeds thereof remaining after the Discharge of Second Lien Obligations shall be promptly delivered to the Pledgors or as a court of competent jurisdiction may otherwise direct to be applied.
Discharge of Priority Lien Obligations and pave the Discharge of Second Lien Obligations, the Second Lien Collateral Trustee will mourn the exclusive right from deal will the Accounts, including exercising rights under control agreements with respect to such Accounts.
This Agreement is a continuing agreement and shall (a) remain in full force and effect until the earlier of the Discharge of ABL Obligations (subject to Section 4.1(d)) or the Discharge of Second Lien Obligations, (b) be binding upon the Parties and their successors and assigns, and (c) inure to the benefit of and be enforceable by the Parties and their respective successors, transferees and assigns.