Senior Collateral definition

Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

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Senior Collateral means with respect to any Senior Secured Party, any Collateral on which it has a Senior Lien.

Senior Collateral means all the “Senior Collateral” or “Collateral” as defined in any Senior Collateral Document.

Examples of Senior Collateral in a sentence

• Such Grantor will, prior to any change described in the preceding sentence, take all actions required by the Agent, on behalf of the Secured Party, to maintain the perfection and priority of the Secured Party’s security interest in the Senior Collateral.

• The Grantors hereby acknowledge and agree that the security interest created hereby in the Senior Collateral constitutes continuing collateral security for all of the Secured Obligations, whether now existing or hereafter arising, including any amounts currently outstanding and any future advances.

• There is not on file in any agency, land records or other office of any governmental authority, an effective financing statement, security agreement, license or transfer or any notice of any of the foregoing (other than those that have been filed in favor of the Agent for the benefit of the Secured Party pursuant to this Agreement) covering or affecting any of the Senior Collateral.

More Definitions of Senior Collateral

Senior Collateral means, at any time, all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted (or purported to be granted) as security for any Senior Obligations pursuant to any Senior Debt Document.

Senior Collateral means, (i) in the case of [A/R Lender], all A/R Facility Senior Collateral and (ii) in the case of CRG, all CRG Senior Collateral.

Senior Collateral as defined in any Senior Collateral Document and shall also include the Mortgaged Properties and the proceeds thereof, but shall not in any event include the PCS/Drugstore Pledged Collateral and the Exchange Debt First Priority Collateral.

Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of Holdings or any Borrower or other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Debt Obligation.

Senior Collateral means, (i) in the case of [A/R Lender], all A/R Facility Senior Collateral and (ii) in the case of CRG Creditors, all CRG Senior Collateral.

Senior Collateral means all the "Senior Collateral" as defined in any Senior Collateral Document and shall also include the mortgaged properties described in the Senior Credit Facility and the proceeds thereof.

Senior Collateral means the “Collateral”, as defined in the Loan Agreement.