Senior Lien Securities definition

Senior Lien Securities means the Securities (as defined in the Senior Lien Indenture).
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Senior Lien Securities means the 14% Senior Secured Notes due 2013 issued by the Issuers pursuant to the Senior Lien Indenture.
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Senior Lien Securities means, collectively, (a) the City of Fort Collins, Colorado, Downtown Development Authority Taxable Tax Increment Revenue Bonds, Series 2010A, (b) the City of Fort Collins, Colorado, Downtown Development Authority Tax-Exempt Tax Increment Revenue Bonds, Series 2010B, (c) all other bonds, warrants, notes, securities, leases or other contracts having a lien on the Pledged Tax Increment Revenues that is senior or superior to the lien of the Bond, and (d) the Authority’s obligation for the 2007 City of Fort Collins Lease Certificates of Participation for the Civic Center Facilities Project.
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Examples of Senior Lien Securities in a sentence

  • The holders of Senior Lien Securities, on the one hand, and the holders of Second Lien Securities, on the other hand, shall each be responsible for keeping themselves informed of (a) the financial condition of the Issuers and their Subsidiaries and all endorsers and/or guarantors of the Senior Lien Obligations or the Second Lien Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the Senior Lien Obligations or the Second Lien Obligations.

  • By acceptance of the Senior Lien Securities and guaranties thereof, the holders of the Senior Lien Obligations have authorized and directed the Senior Lien Trustee and the Senior Lien Collateral Agent to enter into this Agreement and bind such holders.

  • Until the Senior Lien Securities have been Paid in Full, the interest on the Securities shall be paid through the issuance of Additional Securities.