Senior Secured Parties definition

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

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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 means the Lenders, the Agents, any Interest Rate Protection Provider, and each of their respective successors, transferees and assigns.

Examples of Senior Secured Parties in a sentence

Nothing in this Agreement shall (a) impair, as among the Loan Parties, Agent and Senior Secured Parties and as between the Loan Parties and Subordinated Creditor, the obligation of the Loan Parties with respect to the payment of the Senior Debt and the Subordinated Debt in accordance with their respective terms or (b) affect the relative rights of Agent, Senior Secured Parties or Subordinated Creditor with respect to any other creditors of the Loan Parties.
Any Distributions or other proceeds of any Enforcement Action obtained by Subordinated Creditor shall in any event be held in trust by it for the benefit of Agent and Senior Secured Parties and promptly paid or delivered to Agent for the benefit of the Senior Secured Parties in the form received until the Senior Debt is Paid in Full.
Subordinated Creditor irrevocably authorizes, empowers and directs any debtor, debtor in possession, receiver, interim receiver, trustee, liquidator, custodian, conservator, monitor or other Person having authority, to pay or otherwise deliver all such Distributions to Agent, for the benefit of the Senior Secured Parties, for application to the Senior Debt until Payment in Full of the Senior Debt.
This Agreement shall define the relative rights of Agent, Senior Secured Parties and Subordinated Creditor.
Each Loan Party understands that this Agreement is for the sole benefit of Agent, the Senior Secured Parties and Subordinated Creditor and their respective successors and assigns, and that such Loan Party is not an intended beneficiary or third party beneficiary thereof.

More Definitions of Senior Secured Parties

Senior Secured Parties shall have the meaning given such term in the Intercreditor Agreement.

Senior Secured Parties has the meaning ascribed to such term in the Collateral Agency and Accounts Agreement.

Senior Secured Parties means (a) the Senior Bank Parties and (b) the Independent Standby L/C Parties.

Senior Secured Parties means the ABL Secured Parties and the Term Secured Parties, collectively.

Senior Secured Parties shall have the meaning assigned to the term “Secured Parties” in the Senior Security Agreement.

Senior Secured Parties means, collectively, the First Lien Administrative Agent, the Issuing Bank (as defined in the Senior Revolving Credit Agreement), the Senior Lenders, and any Senior Lender or Affiliate of a Senior Lender that is a party to a Permitted Hedging Agreement (as defined in the Senior Revolving Credit Agreement) and those counterparties to Permitted Hedging Agreements that were entered into while such Person or its Affiliate was a Senior Lender, regardless of whether such Person is a Senior Lender or an Affiliate thereafter.

Senior Secured Parties means the Senior Issuing Banks, the Swing Line Lender, the Senior Lenders, the Senior Facility Agent, the Common Security Trustee and each of their respective successors and permitted assigns, in each case in connection with this Agreement.