Examples of Junior Credit Agreement in a sentence
The Junior Collateral Agent represents and warrants that this Agreement is binding upon the Junior Credit Agreement Secured Parties.
This Note shall be pledged by each Payee that is a Loan Party (a “Loan Party Payee”) (i) to the First Lien Agent, for the benefit of the Senior Secured Parties, pursuant to the Senior Collateral Documents as collateral security for such Payee’s Senior Credit Agreement Obligations and (ii) to the Second Lien Agent for the benefit of the Junior Secured Parties, pursuant to the Junior Collateral Documents as collateral security for such Payee’s Junior Credit Agreement Obligations.
All of Bluefly’s obligations under the Junior Credit Agreement and the other Junior Loan Documents (as defined below) are secured by liens on and security interests in the Collateral.
We will bear the costs and expenses of filing any such “piggy-back” registration statements.Our lenders under the Junior Credit Agreement we entered into on April 19, 2013 have registration rights to require us to register a sale of any of our securities held by them pursuant to an investor rights agreement dated April 19, 2013.
The Borrower shall use the proceeds of the Junior Credit Agreement on the Sixth Amendment Effective Date to repay in full in cash all obligations outstanding under the Senior Credit Agreement and otherwise for ordinary working capital purposes and accounts payable catch up consistent with the forecast delivered prior to the Sixth Amendment Effective Date.