Senior Secured Parties definition

Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.
Senior Secured Parties means the First Lien Credit Agreement Secured Parties and any Additional Senior Debt Parties.
Senior Secured Parties means the Senior Loan Secured Parties and any Additional Senior Debt Parties.

Examples of Senior Secured Parties in a sentence

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

  • Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

  • In exercising rights and remedies with respect to the Senior Collateral, the Senior Representatives and the Senior Secured Parties may enforce the provisions of the Senior 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 for the limited agreements of the Senior Representatives pursuant to Section 5.05 hereof, none of the Senior Representatives or the Senior Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Shared Collateral for the benefit of the Second Priority Representatives or the Second Priority Debt Parties.

  • The Senior Representatives, the Senior Secured Parties, the Second Priority Representatives and the Second Priority Secured Parties shall have no duty to advise any other party hereunder of information known to it or them regarding such condition or any such circumstances or otherwise.


More Definitions of Senior Secured Parties

Senior Secured Parties means (a) with respect to the ABL Priority Collateral, all ABL Secured Parties and (b) with respect to the Term Loan Priority Collateral, all Term Loan Secured Parties.
Senior Secured Parties shall have the meaning given such term in the Intercreditor Agreement.
Senior Secured Parties means the Senior Credit Agreement Secured Parties and any Additional Senior Secured Parties.
Senior Secured Parties means the Senior Bank Parties and any Additional Senior Debt Parties.