First Priority Loan Documents definition

First Priority Loan Documents means the First Priority Credit Agreement and the Credit Documents (as defined in the First Priority Credit Agreement), including Existing Swap Agreements, and each of the other agreements, documents and instruments providing for or evidencing any other First Priority Obligation, and any other document or instrument executed or delivered at any time in connection with any First Priority Obligations, including any intercreditor or joinder agreement among holders of First Priority Obligations, to the extent such are effective at the relevant time, as each may be amended, restated, supplemented, modified, renewed, Refinanced or extended from time to time in accordance with the provisions of this Agreement.

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First Priority Loan Documents means the First Priority Credit Agreement and the Credit Documents (as defined in the First Priority Credit Agreement) and each of the other agreements, documents and instruments providing for or evidencing any other First Priority Obligation, and any other document or instrument executed or delivered at any time in connection with any First Priority Obligations, including any intercreditor or joinder agreement among holders of First Priority Obligations, to the extent such are effective at the relevant time, as each may be amended, restated, supplemented, modified, renewed, Refinanced or extended from time to time in accordance with the provisions of this Agreement.

First Priority Loan Documents means the agreements, documents and instruments providing for or evidencing any other First Priority Obligation (including each First Priority Hedging Obligation), and any other document or instrument executed or delivered at any time in connection with any First Priority Obligations, including any intercreditor or joinder agreement among holders of First Priority Obligations, to the extent such are effective at the relevant time, as each may be amended, restated, supplemented, modified, renewed or extended from time to time in accordance with the provisions of this Agreement.

Examples of First Priority Loan Documents in a sentence

If the new First Priority Obligations under the new First Priority Loan Documents are secured by assets of the Grantors constituting Collateral that do not also secure the Second Priority Obligations, then the Second Priority Obligations shall be secured at such time by a Second Priority Lien on such assets to the same extent provided in the Second Priority Collateral Documents and this Agreement.
In the Exercise of Secured Creditor Remedies, the First Priority Agent and the First Priority Creditors may enforce the provisions of the First Priority Loan Documents and Exercise Any Secured Creditor Remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion, subject to the terms of this Agreement.
In the event of any conflict between the provisions of this Agreement and the provisions of the First Priority Loan Documents or the Second Priority Loan Documents, the provisions of this Agreement shall govern and control.
Except as otherwise provided herein, the First Priority Creditors will be entitled to manage and supervise their respective loans and extensions of credit under the First Priority Loan Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate.
Unless and until the Discharge of First Priority Obligations has occurred, the First Priority Collateral Agent and the First Priority Claimholders shall have the sole and exclusive right, subject to the rights of the Grantors under the First Priority Loan Documents, to adjust settlement for any insurance policy covering the Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding (or any deed in lieu of condemnation) affecting the Collateral.
If the new First Priority Obligations under the new First Priority Loan Documents are secured by assets of the Grantors constituting Collateral that do not also secure the Second Priority Obligations, then the Second Priority Obligations shall be secured at such time by a second priority Lien on such assets to the same extent provided in the Second Priority Security Documents and this Agreement.
Notwithstanding anything herein to the contrary, until the Discharge of First Priority Obligations, the delivery, assignment or other form of transfer of any Collateral or any document to the First Priority Collateral Agent pursuant to the First Priority Loan Documents shall satisfy any delivery requirement hereunder or under any other Collateral Document and the Collateral Agent shall have no duty to monitor whether any such Collateral has been so delivered, assigned or transferred.
Prior to the execution of the First Priority Loan Documents, Wichita GP shall obtain the Consent of AHF to the terms and forms of the First Priority Loan Documents.
Any and all references to the “Intercreditor Agreement” in the First Priority Loan Documents and the Second Priority Loan Documents shall mean the Intercreditor Agreement, as modified by this Acknowledgment hereby.
Any and all references to the “Intercreditor Agreement” in the First Priority Loan Documents and the Second Priority Loan Documents shall mean the Intercreditor Agreement, as supplemented hereby.

More Definitions of First Priority Loan Documents

First Priority Loan Documents means the “Loan Documents” as such term is defined in the First Priority Credit Agreement.

First Priority Loan Documents means collectively, the Bond Indenture, the Loan Agreement, the HUD Regulatory Agreement and all other documents executed by the Partnership in connection with the Bonds.

First Priority Loan Documents shall have the meaning provided in the Intercreditor Agreement.

First Priority Loan Documents means the Loan Documents (as defined in the First Priority Credit Agreement) and all other documents, instruments and agreements now or hereafter evidencing or securing the whole or any part of the First Priority Bank Obligations (including, without limitation, each of the loan documents as defined in any principal agreement evidencing First Priority Bank Obligations, including any documents evidencing or securing any complete, partial or successive refunding, Refinancing or replacement of the First Priority Bank Obligations or successive refunding, Refinancing or replacement, together with any amendments, replacements, modifications, extensions, renewals or supplements to, or restatements of, any of the foregoing).

First Priority Loan Documents means, collectively, the Loan and ----------------------------- Guaranty Agreement, dated as of April 5, 1999, as it may be from time to time amended, supplemented or otherwise modified, among Borrower, Holdings, NorthPoint Virginia, the Lenders party thereto from time to time, GSCP, as a Joint Lead Arranger and Syndication Agent, CIBC, as Administrative Agent, Newcourt, as Documentation Agent and Collateral Agent, and Capital Syndication Corporation, as a Joint Lead Arranger, together with the other "Loan Documents" as such term is defined in such Loan and Guaranty Agreement.