Priority Lien Document definition

Priority Lien Document means, collectively, this Indenture, the Notes and the Priority Lien Security Documents, the Collateral Agency Agreement, any other indenture, credit agreement or other agreement pursuant to which any Priority Lien Debt or Priority Lien Obligation is incurred, and each of the other agreements, documents and instruments executed pursuant thereto or in connection therewith.
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Priority Lien Document means, collectively, the Revolving Credit Facility, the Term Loan Credit Agreement, the Priority Lien Security Documents and all other loan documents, notes, guarantees, instruments and agreements governing or evidencing, or executed or delivered in connection with, any Credit Facility pursuant to which any Priority Lien Debt is Incurred.
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Priority Lien Document shall have the meaning assigned to such term in the Description of Notes.
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Examples of Priority Lien Document in a sentence

  • Notwithstanding anything to the contrary herein or in any Secured Debt Document, the Grantors shall not be required to act or refrain from acting pursuant to this Agreement, any Priority Lien Document, any Second Lien Document or any Third Lien Document with respect to any Collateral in any manner that would cause a default under any Priority Lien Document.

  • Notwithstanding anything to the contrary herein or in any Secured Debt Document, the Grantors shall not be required to act or refrain from acting pursuant to this Agreement, any Priority Lien Document or any Second Lien Document with respect to any Collateral in any manner that would cause a default under any Priority Lien Document.

  • The Company will cause each Person that hereafter becomes a Grantor or is required by any Priority Lien Document to become a party to this Agreement to become a party to this Agreement, for all purposes of this Agreement, by causing such Person to execute and deliver to the Collateral Trustee a Collateral Trust Joinder, whereupon such Person will be bound by the terms hereof to the same extent as if it had executed and delivered this Agreement as of the date hereof.

  • If any conflict or inconsistency exists between this Agreement and any Priority Lien Document, with respect to the parties thereto only, the Priority Lien Document shall govern.

  • Each Subsidiary of any Grantor that is required to become a party to this Agreement pursuant to Section 4.20 of the Indenture or any other Priority Lien Document shall become a Grantor for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in the form of Annex 1 hereto.

  • Notwithstanding anything to the contrary herein or in any Secured Debt Document, the Grantors shall not be required to act or refrain from acting pursuant to this Agreement, any Priority Lien Document or any Second Lien Document with respect to any Collateral in any manner that would cause a default under any Priority Lien Document or any Priority Lien Document.

  • Terms defined in the New York Uniform Commercial Code which are not otherwise defined in this Security Agreement (including by reference to the Collateral Agency Agreement or any Priority Lien Document) are used herein as defined in Articles 8 or 9 of the New York Uniform Commercial Code, as the context may require, as in effect on the date hereof.

  • For the avoidance of doubt, the Borrower shall cause any Subsidiary which Guarantees obligations under any Priority Lien Document to contemporaneously become a Guarantor hereunder.

  • In relation to any provision of the Indenture or any other Priority Lien Document which requires any member of the Group to deliver a document for the purposes of granting any security for the benefit of any of the Secured Parties, the Priority Collateral Trustee shall execute any such document delivered to it as soon as reasonably practicable in accordance with such Priority Lien Document.

  • This Agreement is a Priority Lien Document for all purposes and each reference in any Priority Lien Document to the “Security Agreement” shall mean the Security Agreement as supplemented by this Agreement.


More Definitions of Priority Lien Document

Priority Lien Document means, collectively, this Indenture, the Notes and the Security Documents (in the case of the Collateral Trust Agreement, to the extent effective at the relevant time), any other indenture, credit agreement or other agreement pursuant to which any Priority Lien Debt is incurred, and each of the other agreements, documents and instruments executed pursuant thereto or in connection therewith.
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