First Lien Documents definition
Examples of First Lien Documents in a sentence
In the event of any conflict between the provisions of this Agreement and the provisions of the First Lien Documents with respect to the priority of the Liens and security interests granted thereunder or the exercise of any rights or remedies by any Collateral Agent with respect to the Shared Collateral, the provisions of this Agreement shall govern and control.
To the extent any Collateral Agent or any other First Lien Claimholder receives proceeds of such insurance policy and such proceeds are not permitted or required to be returned to any Grantor under the applicable First Lien Documents, such proceeds shall be turned over to the Applicable Collateral Agent for application as provided in Section 2.1 hereof.
This Agreement, together with the other First Lien Documents and the First Lien Collateral Documents, represents the entire agreement of each of the Grantors and the First Lien Claimholders with respect to the subject matter hereof and thereof and supersedes any and all previous agreements and understandings relating to the subject matter hereof and thereof.