Senior Security Agreements definition

Senior Security Agreements. Senior Loan Agreements" "Subordinated Creditor" "Subordinated Creditor Indenture" "Subordinated Indenture Indebtedness" "Subordinated Indenture Agreements"
Senior Security Agreements means any deed of trust, assignment of leases, security agreement and/or fixture filing entered into by Grantor or any Affiliate thereof to secure the Senior Indebtedness, as any of the same may be amended, modified, restated or replaced from time to time, together with any other deeds of trust, mortgages, security agreements and other documents and instruments of every type and description evidencing and securing the lien on the Facility to secure the Senior Indebtedness, whether now existing or hereafter entered into, and including any rights to enforce claims against the property covered thereby.
Senior Security Agreements has the meaning set forth in the recitals hereto.

Examples of Senior Security Agreements in a sentence

  • In the event that a Senior Secured Party should exercise any right to foreclose on the lien of any Senior Security Agreements, then the Secured Party shall have the right to bid to purchase the Facility at any foreclosure sale.

  • The priority of any and all Senior Security Agreements over this Deed of Trust shall be effective without reference to the time, order or method of attachment of the liens of either any Senior Security Agreements or this Deed of Trust on any property.

  • Notwithstanding anything to the contrary contained herein (a) no Grantor shall be in default or breach hereunder for failure to take any action hereunder if the Grantor used its commercially reasonable efforts to take such action and (b) if the First Lien Termination Date has not occurred, no Grantor shall be required to take any action hereunder if a similar action is not required to be taken under the Senior Security Agreements.

  • No provision of the Indenture, this Pledge Agreement or any of the other Operative Documents purporting to authorize or permit the Company to take or omit to take any action shall authorize or permit any action or omission which is not authorized or permitted by the Senior Security Agreements.

  • Debtor has title to the Collateral free and clear of any lien, security interest or encumbrance, except for the security interests created by this Agreement and the Senior Security Agreements.

  • In addition, unless Secured Party shall consent otherwise in writing, Debtor will keep the Collateral free from any lien, security interest or encumbrance, except for the security interests created by this Agreement and the Senior Security Agreements.

  • Any portion of the Collateral that is received by the Junior Lender contrary to the provisions of this Agreement shall be received in trust for the benefit of the Senior Lender, shall be segregated from other funds and property held by the Junior Lender and shall forthwith be delivered over to the Senior Lender in the form so received to be held by the Senior Lender in accordance with the terms of the Senior Security Agreements.

  • The Human Resource Office develops a HR sheet that requires new hires and promoted staff to respond to the above information moving forward.

  • The Company will at all times -------------------------- comply in all material respects with all covenants, conditions, warranties, representations, restrictions and requirements of all Senior Security Agreements.


More Definitions of Senior Security Agreements

Senior Security Agreements. Subordinated Creditor"
Senior Security Agreements means the Pledgeholder Agreement, Copyright -------------------------- Security Agreement, Copyright Security Agreement Supplements and Trademark Security Agreement, as such terms are defined in the Credit Agreement.
Senior Security Agreements means any deed of trust, assignment of
Senior Security Agreements means each of the Security Agreements (as defined in each of the Senior Credit Agreements).

Related to Senior Security Agreements

  • Senior Security Documents means with respect to any Senior Secured Party, the Security Documents that secure the Senior Obligations.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • IP Security Agreements means the Copyright Security Agreement, the Trademark Security Agreement and the Patent Security Agreement.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Senior Security Account means an account maintained and specifically allocated to a Series under the terms of this Agreement as a segregated account, by recordation or otherwise, within the custody account in which certain Securities and/or other assets of the Fund specifically allocated to such Series shall be deposited and withdrawn from time to time in accordance with Certificates received by the Custodian in connection with such transactions as the Fund may from time to time determine.

  • Senior Secured Credit Agreement means the Amended and Restated Credit Agreement dated as of July 31, 2008 among the Company, as Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, and the lenders parties thereto from time to time, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 1111).

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

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Security Agreements means the Borrower Security Agreement and the Subsidiary Security Agreement.

  • IP Security Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Collateral Agent and dated as of the Effective Date, as may be amended, restated, or otherwise modified or supplemented from time to time.

  • Senior Secured Note Documents means the Senior Secured Note Indenture, the Senior Secured Note Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any security document relating to the Senior Secured Notes and/or the Senior Secured Note Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture and the other transaction documents referred to therein (including the related guarantee, the notes and the notes purchase agreement).

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Senior Security or “Senior Securities” means any Security or Securities designated pursuant to Section 301 as a Senior Security.

  • Senior Secured Credit Facilities means the revolving credit facility and other credit facilities under the Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings, refinancings or replacements thereof and any one or more indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund, supplement or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, trustee, lender or group of lenders or holders.

  • Note Agreements means, collectively, the 1995 Note Agreement, the 2000 Note Agreement and the 2001 Note Agreement.

  • Senior Secured Obligations means (a) with respect to the Revolving Facility Obligations (to the extent such Obligations are secured by the Noteholder First Lien Collateral), the Noteholder Obligations, and (b) with respect to Noteholder Obligations (to the extent such Obligations are secured by the Revolving Facility First Lien Collateral), the Revolving Facility Obligations.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Trademark Security Agreements means the Trademark Security Agreements made in favor of Agent, on behalf of Lenders, by each applicable Credit Party.

  • Loan and Security Agreement “thereunder”, “thereof” or similar words referring to the Loan Agreement shall mean and be a reference to this Agreement and (b) each reference in the Financing Agreements to a “Note” or “Revolving Credit Note” shall mean and be a Revolving Credit Note as defined in this Agreement.

  • Short-Form IP Security Agreements means short-form patent, trademark or copyright (as the case may be) security agreements, substantially in the forms of Exhibits J, K and L to this Agreement, as applicable, entered into by one (1) or more Obligors in favor of the Administrative Agent for the benefit of each Secured Party.

  • U.S. Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the U.S. Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other U.S. Loan Party (as required by this Agreement or any other Loan Document).