Noteholder Liens definition
Examples of Noteholder Liens in a sentence
All Senior Lender Liens shall be and remain senior to all Noteholder Liens for all purposes, whether or not such Senior Lender Liens are subordinated to any Lien securing any other obligation of any Obligor.
In the event the Collateral Agent, the Trustee or any Noteholder becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subordinated to the Senior Lender Liens on the same basis as the other Noteholder Liens are so subordinated to such Senior Lender Liens under this Agreement and the provisions of this Agreement shall apply to such judgment lien mutatis mutandi.
The Trustee shall provide all such releases and discharges of the Noteholder Liens and the Kemess Newco Liens as the Company may request, at the Company's sole cost and expense.
Notwithstanding the foregoing, the Noteholder Collateral Agent may, subject to Section 2.05, take all such actions as it shall deem necessary to perfect or continue the perfection of its Noteholder Liens.
The Company hereby represents and warrants that the Company has executed and delivered, filed and recorded and will execute and deliver, file and record, all instruments and documents, and has done and will do all such acts and other things, at the Company's expense, as are necessary to subject the Collateral to the Noteholder Liens and the Kemess Newco Liens, as applicable.