Examples of Junior Collateral Documents in a sentence
The Borrower agrees to deliver to the Designated Senior Representative copies of (i) any amendments, supplements or other modifications to the Junior Collateral Documents and (ii) any new Junior Collateral Documents promptly after effectiveness thereof.
This Note shall be pledged by each Payee that is a Loan Party (a “Loan Party Payee”) (i) to the First Lien Agent, for the benefit of the Senior Secured Parties, pursuant to the Senior Collateral Documents as collateral security for such Payee’s Senior Credit Agreement Obligations and (ii) to the Second Lien Agent for the benefit of the Junior Secured Parties, pursuant to the Junior Collateral Documents as collateral security for such Payee’s Junior Credit Agreement Obligations.
The Borrowers agree to deliver to the Designated Senior Representative copies of (i) any amendments, supplements or other modifications to the Junior Collateral Documents and (ii) any new Junior Collateral Documents promptly after effectiveness thereof.
Payment of such sums may be enforced and recovered in whole or in part at any time by one or more of the remedies provided to Purchaser in this Note, the Junior Collateral Documents or the Note Purchase Agreement.
Notwithstanding anything to the contrary contained in the Note Purchase Documents, all of the Liens with respect to the Senior Collateral created by the Senior Collateral Documents are and shall at all times remain superior and prior to the Liens on the same Collateral created by the Junior Collateral Documents.