Senior Security Documents definition

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

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Senior Security Documents the collective reference to all documents and instruments, now existing or hereafter arising, which create or purport to create a security interest in property to secure payment or performance of the Senior Obligations.

Senior Security Documents means any and all financing documents, leases, indentures, or other financing agreements entered into in the past, the present or the future by the SPWB, State, or any subdivision of the State concerning any part of the Licensed Area, the Site, or the Facility.

Examples of Senior Security Documents in a sentence

• Neither the Judicial Council nor anyone claiming by, through, or under the Judicial Council have any rights in or to the System at any time under the Senior Security Documents except as otherwise provided in this SLA.

• All rights of control, use, occupancy, and enjoyment of the Licensed Area by Licensee, as provided in this SLA, are subordinate and subject to the rights, covenants, and obligations of the State, SPWB, and the Judicial Council as set forth in any Senior Security Documents.

• Upon request by Licensee, a copy of the Senior Security Documents will be provided to Licensee by the Judicial Council within a reasonable time period.

• The Judicial Council and the SPWB acknowledge that Licensee may be financing the acquisition and installation of the System with financing accommodations from one or more Lenders and that Licensee’s obligations under the financing documents may be secured by, among other collateral, a pledge or collateral assignment of Licensee’s rights under this SLA and a first security interest in the System subject to subordination to Senior Security Documents as set forth in section 4.

• The Judicial Council and the SPWB acknowledge that Licensee may be financing the acquisition and installation of the System with financing accommodations from one or more Lenders and that Licensee’s obligations under the financing documents may be secured by, among other collateral, a pledge or collateral assignment of Licensee’s rights under this SLA and a first security interest in the System subject to subordination to Senior Security Documents as set forth in Section 4.

More Definitions of Senior Security Documents

Senior Security Documents means the Collateral Documents (as defined in the Senior Credit Agreement) and any other agreement, document or instrument pursuant to which a Lien is granted (or purported to be granted) securing any Senior Obligations or under which rights or remedies with respect to such Liens are governed, as the same may be amended, supplemented, restated, modified and/or Refinanced from time to time.

Senior Security Documents means the documents referred to in Schedule 1 and any other document which may at any time be executed by any person as security for the payment of all or any part of the Senior Indebtedness.

Senior Security Documents has the meaning set forth in the Recitals to this Agreement.

Senior Security Documents means the “Security Documents” as defined in the Senior Credit Agreement.

Senior Security Documents means the Security Documents as defined in the Senior Facilities Agreement.

Senior Security Documents means any agreement pursuant to which the Company or any of its Subsidiaries or Affiliates provides a Lien on its assets in favor of the Lenders, and all supplementary assignments, security agreements, pledge agreements, guarantees, acknowledgments or other documents delivered or to be delivered pursuant to the terms of the Credit Agreement or any Senior Security Document, including, without limitation, the guarantee provided to the Lenders by the Subsidiaries, and all amendments, modifications and supplements made from time to time to any of the foregoing, in accordance with the terms hereof and thereof.

Senior Security Documents means all security agreements, pledge agreements, mortgages, deeds of trust, assignments, collateral assignments, chattel mortgages, financing statements and other documents, instruments or agreements evidencing, creating, establishing or perfecting Senior Liens.