Senior Priority Debt Documents definition

Senior Priority Debt Documents means (a) the First Lien Credit Agreement Credit Documents and (b) any Additional Senior Priority Debt Documents.
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Senior Priority Debt Documents means, with respect to any class of Senior-Priority Obligations, credit agreements, loan agreements, notes, indentures, Senior-Priority Collateral Documents or other operative agreements evidencing or governing such Senior-Priority Obligations, as the same may be amended, restated, supplemented or otherwise modified from time to time.
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Senior Priority Debt Documents shall have the meaning provided to such term in the First Lien/S“Senior Priority Obligations” shall have the meaning provided to such term in the First Lien/Second Lien Intercreditor Agreement.
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Examples of Senior Priority Debt Documents in a sentence

  • Notwithstanding the foregoing, no provision in this Agreement shall be construed to prevent or impair the rights of any Senior Priority Representative to enforce this Agreement (including the priority of the Liens securing the Senior Priority Obligations as provided in Section 2.1) or any of the Senior Priority Debt Documents.

  • In exercising rights and remedies with respect to the Senior Priority Collateral or Common Collateral, the Senior Priority Representatives and the Senior Priority Secured Parties may enforce the provisions of the Senior Priority Debt Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.

  • Except as otherwise provided herein, all payments received by the Senior Priority Secured Parties may be applied, reversed and reapplied, in whole or in part, to such part of the Senior Priority Obligations by the Senior Priority Secured Parties in a manner consistent with the terms of the Senior Priority Debt Documents.


More Definitions of Senior Priority Debt Documents

Senior Priority Debt Documents means (a) the First Lien Debt Documents and (b) any Additional Senior Priority Debt Documents. “Senior Priority Debt Facilities” means the Notes Indenture and any Additional Senior Priority Debt Facilities. “Senior Priority Representative” means (i) in the case of any First Lien Debt Obligations or the First Lien Debt Secured Parties, the First Lien Collateral Agent and (ii) in the case of any Additional Senior Priority Debt Facility and the Additional Senior Secured Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Additional Senior Priority Debt Facility that is named as the Representative in respect of such Additional Senior Priority Debt Facility in the applicable Joinder Agreement. “Senior Priority Secured Parties” means the First Lien Debt Secured Parties and any Additional Senior Secured Parties.
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