Term Loan Security Documents definition

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

Term Loan Security Documents means the “Collateral Documents” as defined in the Term Loan Agreement and any documents that are designated under the Term Loan Agreement as “Term Loan Security Documents” for purposes of this Agreement.

Term Loan Security Documents has the meaning set forth in the Intercreditor Agreement.

Examples of Term Loan Security Documents in a sentence

The Term Loan Creditors agree that, notwithstanding (i) the date, time, method or order of grant, attachment or perfection of any of the Security Documents or (ii) the timing of delivery of any notice under any of the Security Documents, the rights, powers, discretions and remedies of the Term Loan Creditors in respect of the Term Loan Security Documents shall be subordinated to the rights, powers, discretions and remedies of any ECF Creditor in respect of the ECF Security Documents.

Each Secured Party acknowledges and agrees that (i) the grants of Liens pursuant to the ABL Security Documents and the Term Loan Security Documents constitute two separate and distinct grants of Liens and (ii) because of, among other things, their differing rights in the Common Collateral, the Term Loan Obligations are fundamentally different from the ABL Obligations and should be separately classified in any plan of reorganization proposed or adopted in an Insolvency Proceeding.

Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Term Loan Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Term Loan Security Documents or any of Mortgagee’s rights and remedies thereunder.

Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Term Loan Security Documents that secure the Obligations.

Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Term Loan Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

More Definitions of Term Loan Security Documents

Term Loan Security Documents shall have the meaning set forth in the Intercreditor Agreement.

Term Loan Security Documents means the documents referred to in Schedule 2.

Term Loan Security Documents the collective reference to the Guarantee and Collateral Agreement (as defined in the Term Loan Credit Agreement), the Mortgages (as defined in the Term Loan Credit Agreement) and all other security documents delivered to the Term Loan Administrative Agent granting a Lien on any property of any Person to secure the obligations and liabilities of any Loan Party under any Term Loan Document.

Term Loan Security Documents collectively, the Guarantee and Collateral Agreement (as defined in the Term Loan Agreement), the Mortgages (as defined in the Term Loan Agreement) and all other security documents delivered to the Term Loan Agent granting a Lien on any property of any Person to secure the obligations and liabilities of any Obligor under the Term Loan Agreement or the Guarantee and Collateral Agreement (as defined in the Term Loan Agreement), as such documents may be amended, restated, supplemented, replaced, refinanced or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

Term Loan Security Documents means each agreement listed in Part B of Schedule 1 hereto and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, guarantees, notes or any other documents or instruments now existing or entered into after the date hereof that create, perfect or otherwise relate to Liens on any assets or properties of any Grantor or any of its Subsidiaries to secure any Term Loan Debt Obligations (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Term Loan Substitute Facility).

Term Loan Security Documents means the Term Loan Security Agreement, the other Security Documents (as defined in the Term Loan Credit Agreement as in effect on the date hereof) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Term Loan Obligations or under which rights or remedies with respect to such Liens are governed, together with any amendments, restatements, amendments and restatements, replacements, modifications, extensions, renewals or supplements to, or restatements or amendments and restatements of, any of the foregoing.

Term Loan Security Documents means, collectively, the Borrower Pledge Agreement, the Borrower Security Agreement, each Mortgage (if any), each Concentration Account Agreement, the Collateral Account Agreement and, from and after the execution and delivery thereof, all other security documents hereafter delivered to the Agents and the Collateral Agent granting a Lien on any asset or assets of any Person to secure the Term Loan Obligations or to secure any guarantee of the Term Loan Obligations.