Examples of Senior Collateral Documents in a sentence
The Borrower also agrees to provide to the Collateral Agent, from time to time upon request, evidence reasonably satisfactory to the Collateral Agent as to the perfection and priority of the Liens created or intended to be created by the Senior Collateral Documents.
The Borrower also agrees to provide to the Collateral Agent or the Borrowing Base Agent, from time to time upon request by either of them, evidence reasonably satisfactory to the Collateral Agent or the Borrowing Base Agent, as applicable, as to the perfection and priority of the Liens created or intended to be created by the Senior Collateral Documents.
So long as all or any portion of the Senior Loan and the Mezzanine Loan remains unpaid and the Senior Collateral Documents encumbers the Senior Collateral, Mezzanine Lender and Senior Lender will each execute, acknowledge and deliver in recordable form and upon demand of the other, any other instruments or agreements reasonably required in order to carry out the provisions of this Agreement or to effectuate the intent and purposes hereof.
Bank of America agrees, subject to the applicable terms and conditions set forth herein and in the other Senior Collateral Documents, to act as Senior Collateral Agent under the Junior Lien Intercreditor Agreement (which shall be substantially in the form of Exhibit J-2 (or such other form as may be reasonably acceptable to the Administrative Agent)) in connection with the incurrence of Second Priority Debt permitted under this Agreement, upon the reasonable request of the Borrower).
Subordinate Lender, on behalf of itself and its successors and/or assigns, hereby subordinates the priority of the lien of the Subordinate Collateral Document and all rights to payment and satisfaction in full of the Subordinate Obligation to the lien of the Senior Collateral Documents and the right to payment and satisfaction in full of the Senior Obligation.