Priority Lien Collateral Documents definition
Priority Lien Collateral Documents means each Collateral Document creating (or purporting to create) a Lien upon Collateral of the Loan Parties and their Subsidiaries in favor of the Collateral Agent, for the benefit of any of the Secured Parties, in each case, as amended, modified, renewed, restated or replaced, in whole or in part, from time to time, in accordance with its terms and the provisions of the Loan Documents and the related Pari Passu Intercreditor Agreement.
Priority Lien Collateral Documents means all security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, collateral agency agreements, control agreements or other grants or transfers for security executed and delivered by any Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Collateral Trustee, for the benefit of any of the Priority Lien Secured Parties, in each case, as amended, modified, renewed, restated or replaced, in whole or in part, from time to time, in accordance with its terms and the Collateral Trust Agreement. In no event shall “Priority Lien Collateral Documents” refer to or include any document to which the Collateral Trustee is not a party as collateral trustee, collateral agent or similar title or, with the knowledge of the Collateral Trustee, a named beneficiary of a document or instrument which the Company or any other Grantor is required to deliver or cause to be delivered pursuant to a Collateral Document or this Indenture.
Priority Lien Collateral Documents means, collectively, the Intercreditor Agreement and all other mortgages, deeds of trust, pledge agreements, collateral assignments, security agreements, fiduciary transfers, debentures, fiduciary assignments or other instruments evidencing or creating any Liens in favor of the Priority Lien Collateral Agent in all or any portion of the Collateral, in each case, as amended, amended and restated, extended, renewed, supplemented or otherwise modified from time to time, in accordance with the terms thereof.
Examples of Priority Lien Collateral Documents in a sentence
If the new Priority Lien Obligations under the new Priority Lien Documents are secured by assets of the Guarantors constituting Collateral that do not also secure the Secured Debt Obligations, then the Secured Debt Obligations shall be secured at such time by a second priority Lien on such assets to the same extent provided in the Priority Lien Collateral Documents governing such new Priority Lien Debt and this Agreement.
More Definitions of Priority Lien Collateral Documents
Priority Lien Collateral Documents shall have the meaning assigned to such term in the Intercreditor Agreement.
Priority Lien Collateral Documents means, collectively, the GE Collateral Documents, the Credit Suisse Collateral Documents, the Progreso Collateral Documents, and the Senior Facility Collateral Documents.
Priority Lien Collateral Documents means the Indenture Collateral Documents and all security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, collateral agency agreements, control agreements or other grants or transfers for security executed and delivered by any Grantor pursuant to which a Lien is granted securing any Priority Lien Obligations or under which rights or remedies with respect to such Liens are governed, in each case, as amended, modified, renewed, restated or replaced, in whole or in part, from time to time, in accordance with its terms and this Agreement.