Senior Lienholders definition

Senior Lienholders means, collectively, the Senior Lien Agent, the Collateral Agent, the Administrative Agent, the Lenders and the counterparties to the Swap Agreements.
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Senior Lienholders means CITBC and the other lenders and financial institutions that are parties to the Senior Lienholders Loan Agreement from time to time, and any other lender or lenders refinancing or refunding all or any portion of the Senior Lienholders Obligations.
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Senior Lienholders shall have the meaning ascribed to it in Section 6.2(c)(xi).
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Examples of Senior Lienholders in a sentence

  • The Subordinated Lienholder agrees that should it receive contrary to the provisions of this Agreement any monies from the sale, liquidation, casualty or other disposition of or as a result of its Lien in the Collateral, it will (unless otherwise restricted by law) hold the same for the Senior Lienholders and promptly pay over the same to the Agent for application to the Senior Lienholders Obligations in accordance with the provisions of Section 5 of this Agreement.

  • The Agent shall have the exclusive right to sell, transfer or otherwise dispose of the Collateral or exercise any other right or remedy with respect thereto as provided in the Senior Lienholders Documents or by applicable law in the manner deemed appropriate by the Agent without regard to the Subordinated Lienholder's Liens therein, and the Subordinated Lienholder will not hinder the Agent's actions in enforcing its remedies with respect to the Collateral.

  • The Senior Lienholders and the Junior Lienholders designate the Agent to hold the HE Intercompany Note, the RPG Intercompany Note, and any other negotiable instrument or other tangible Collateral in which both the Senior Lienholders and the Junior Lienholders have a security interest or which is pledged both to the Senior Lienholders and to the Junior Lienholders.

  • The Agent and the Senior Lienholders shall have the right, but not any obligation, to cure any Subordinated Lienholder Event of Default under the Subordinated Lienholder Loan Documents at any time.

  • In addition, the Senior Lienholders shall promptly discharge or terminate all other Security Documents not so transferred or assigned.

  • Nothing in this Amended and Restated Intercreditor Agreement shall be deemed to subordinate in any way the rights of payment that are due to the Junior Lienholders under the 12.75% Senior Notes or the 12.75% Senior Secured Note Indenture to any rights of payment that are due the Senior Lienholders under the Notes, the Letters of Credit, the Secured Hedging Obligations or the Amended and Restated Credit Facility Agreement.

  • The Agent agrees to hold such Collateral on behalf of the Senior Lienholders and the Junior Lienholders in accordance with this Amended and Restated Intercreditor Agreement and any applicable Security Document.

  • Nothing contained in this Agreement shall constitute a subordination of the Subordinated Lienholder Obligations to the prior payment in full of the Senior Lienholders Obligations.

  • All capitalized terms used in this Agreement without definition shall have the meanings ascribed to such terms in the Senior Lienholders Loan Agreement.

  • All notices under this Amended and Restated Intercreditor Agreement shall be in writing (including by facsimile) and shall be effective when received by the persons listed on Schedule A attached hereto as persons entitled to receive notices on behalf of the Senior Lienholders or the Junior Lienholders, as the case may be.