Senior Secured Party definition

Senior Secured Party means any Senior Lender.
Senior Secured Party has the meaning assigned to such term in the Collateral and Intercreditor Agreement.
Senior Secured Party shall have the meaning given to such term in Section 1.1 of the Intercreditor Agreement.

Examples of Senior Secured Party in a sentence

  • No action under or in connection with this Agreement or any other Financing Documents to which the Borrower is a party shall be brought against any Non-Recourse Party, and no judgment for any deficiency upon the obligations hereunder or thereunder shall be obtainable by any Senior Secured Party against any Non-Recourse Party, except as hereinafter expressly set forth in this Section 12.21 or as expressly provided in any Credit Agreement Transaction Document to which such Non-Recourse Party is a party.

  • No failure by any Credit Agreement Senior Secured Party to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other P1 Financing Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.

  • No failure by any Credit Agreement Senior Secured Party to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other Financing Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.

  • If the Subordinated Lender, in contravention of the terms of this Agreement, shall attempt to collect any of the Subordinated Debt or enforce any of the Subordinated Documents, then any Senior Secured Party or any Loan Party may, by virtue of this Agreement, restrain the enforcement thereof in the name of the Senior Secured Parties or in the name of the Loan Parties.

  • No failure by any Credit Agreement Senior Secured Party to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other TCF Financing Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.


More Definitions of Senior Secured Party

Senior Secured Party means each holder from time to time of the Senior Obligations.
Senior Secured Party means each “Secured Party” under and as defined in the Senior Lien Credit Agreement , each lender, issuer, agent and other secured party under any Post-Petition Financing and each other holder of Senior Lien Obligations, in each case other than the Senior Lien Administrative Agent.
Senior Secured Party means the “Secured Party” as defined in the Senior Mortgage.
Senior Secured Party. Each of the Class A Noteholders, the Liquidity Lenders, the Backup Lenders and the Hedge Counterparties.
Senior Secured Party means International Bank of Chicago, as lender
Senior Secured Party means each Senior Secured Creditor, the P1 Intercreditor Agent, the P1 Collateral Agent, and the P1 Accounts Bank.