Senior Obligations is defined in Section 5.1 of this Agreement.
Senior Obligations means the Credit Agreement Obligations and any Additional Senior Debt Obligations.
Senior Obligations has the meaning set forth in Section 5.1.
Examples of Senior Obligations in a sentence
The Borrower/Grantee shall obtain the written consent of the NMFA prior to the issuance of additional Senior Obligations or Parity Obligations unless such Senior or Parity Obligation has been issued by the NMFA.
More Definitions of Senior Obligations
Senior Obligations means (a) with respect to any ABL Priority Collateral, all ABL Obligations and (b) with respect to any Term Loan Priority Collateral, all Term Loan Obligations.
Senior Obligations means all obligations of the Issuer that are unsubordinated or that are subordinated and do not constitute either Junior Obligations or Parity Obligations.
Senior Obligations means all unsubordinated payment obligations of the Issuer (including payment obligations to the Issuer's depositors in respect of their due claims) and all subordinated payment obligations (if any) of the Issuer except Junior Obligations or Pari Passu Obligations;
Senior Obligations shall have the meaning given to the term “Obligations” in the Credit Agreement (and shall include, without limitation, all interest accruing after the commencement of any bankruptcy, insolvency, receivership or similar proceeding at the rate provided in the governing documentation, whether or not such interest is an allowed claim in such proceeding).
Senior Obligations has the meaning ascribed to it in Section 12.9(a).
Senior Obligations shall have the meaning ascribed to such term in the Intercreditor Agreement.
Senior Obligations means all obligations of the Issuer, issued directly or indirectly by it, other than Parity Obligations and Junior Obligations;