Term Loan Security Documents definition

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

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

Term Loan Security Documents means the Term Loan Security Agreement, the Term Loan Mortgages, and any other documents now existing or entered into after the date hereof that creates Liens on any assets or properties of Holdings, the Company or any of its subsidiaries to secure any Term Loan Obligations and Existing Notes Obligations.

Examples of Term Loan Security Documents in a sentence

• 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.

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

• All of the issued and outstanding Equity Interests of the Subsidiaries owned by any Loan Party have been (to the extent such concepts are relevant with respect to such ownership interests) duly authorized and issued and are fully paid and non-assessable free and clear of all Liens (other than Liens created under the Loan Documents and the Term Loan Security Documents).

• 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.

• 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 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.

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 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 for purposes of a Permitted Term Debt Intercreditor Agreement.

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

Term Loan Security Documents means, 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 terms therein and this Agreement and the Intercreditor Agreement.

Term Loan Security Documents for purposes of this Agreement.