Senior Debt Definition Example with 5 Variations

This page contains an example definition of Senior Debt, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Senior Debt. Shall mean all obligations, liabilities and indebtedness of every nature of the Company from time to time owed to Agent or any Senior Lender under the Senior Loan Documents, including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to time hereafter owing, due or payable, whether before or after the... filing of a Proceeding under the Bankruptcy Code together with (a) any amendments, modifications, renewals or extensions thereof to the extent not prohibited by the terms of this Agreement and (b) any interest accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an allowed claim. Senior Debt shall be considered to be outstanding whenever any loan commitment under the Senior Loan Document is outstanding View More

Variations

Senior Debt. Shall shall mean all obligations, liabilities and indebtedness of every nature of the Company each Loan Party from time to time owed to Agent or any Senior Lender Creditor under the Senior Loan Debt Documents, along with all "Obligations" as defined in the Credit Agreement, in each case including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest interest, prepayment premiums, and all fees, costs and expenses, whether primary, secondary,... direct, contingent, fixed or otherwise, heretofore, now and from time to time hereafter owing, due or payable, whether before or after the filing of a Proceeding (including, in each case, any obligations and amounts in respect of any DIP Financing and all other amounts accruing on or after the commencement of any Proceeding relating to any Loan Party, or that would have accrued or become due under the Bankruptcy Code terms of the Senior Debt Documents but for the effect of the Proceeding and irrespective of whether a claim for all or any portion of such amounts is allowable or allowed in such Proceeding) together with (a) any amendments, modifications, renewals or extensions thereof to the extent not prohibited by the terms of this Agreement and (b) any interest interest, prepayment premiums, fees, costs and expenses accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an interest, fees, costs and expenses are allowed claim. or allowable in such Proceeding. Senior Debt shall be considered to be outstanding whenever any loan commitment for an extension of credit under the any Senior Loan Debt Document is outstanding outstanding, in each case whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured. View More
Senior Debt. Shall mean all All obligations, liabilities and indebtedness of every nature of the Company from time to time owed to Senior Creditor Agent or any and Senior Lender Creditor under the Senior Loan Debt Documents, including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest interest, prepayment premiums and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to... time hereafter owing, due or payable, whether before or after the filing of a Proceeding under the Bankruptcy Code together with (a) any amendments, restatements, modifications, renewals renewals, increases or extensions thereof to the extent not prohibited by the terms of this Agreement and (b) any interest interest, fees, expenses, premiums or other amounts accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an interest, fees, expenses, premiums or other amounts are allowed claim. or allowable in whole or in part in any such Proceeding. Senior Debt shall be considered to be outstanding whenever any loan or loan commitment under the any Senior Loan Debt Document is outstanding View More
Senior Debt. Shall mean all obligations, liabilities and indebtedness of every nature of the Company from time to time owed to Senior Creditor Agent or any and Senior Lender Creditor under the Senior Loan Debt Documents, including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest interest, prepayment premiums and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to time... hereafter owing, due or payable, whether before or after the filing of a Proceeding under the Bankruptcy Code together with (a) any amendments, restatements, modifications, renewals renewals, increases or extensions thereof to the extent not prohibited by in accordance with the terms of this Agreement hereof and (b) any interest interest, fees, expenses, premiums or other amounts accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an interest, fees, expenses, premiums or other amounts are allowed claim. or allowable in whole or in part in any such Proceeding; provided that in no event shall the principal amount of Senior Debt exceed $36,000,000. Senior Debt shall be considered to be outstanding whenever any loan or loan commitment under the any Senior Loan Debt Document is outstanding View More
Senior Debt. Shall mean all obligations, liabilities and indebtedness of every nature of the Company from time to time owed to Agent or any Senior Lender under All "Obligations" (as defined in the Senior Loan Documents, Agreement), including, without limitation, all interest, fees, expenses, indemnities and reimbursement obligations, in each case, whether now existing or hereafter created, including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest... and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to time hereafter owing, due or payable, whether before or after the filing of a Proceeding under the Bankruptcy Code together with (a) any amendments, modifications, renewals or extensions thereof to the extent not prohibited by the terms of this Agreement and (b) any interest accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an allowed claim. Senior Debt shall be considered to be outstanding whenever any loan commitment under the Senior Loan Document is outstanding View More
Senior Debt. Shall mean all obligations, liabilities Liabilities and indebtedness of every nature of the Company Borrower from time to time owed to Agent or any the Senior Lender under the Senior Loan Documents, including, without limitation, the principal amount of all debts, claims and indebtedness, Debt Documents plus, respectively, (a) any Protective Advances; (b) accrued and unpaid interest interest, and (c) all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or... otherwise, heretofore, now and from time to time hereafter owing, due or payable, whether before or after the filing of a Proceeding under the Bankruptcy Code Code, together with (a) any amendments, modifications, renewals or extensions thereof to the extent not prohibited by the terms of this Agreement and (b) any interest accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an allowed claim. The Senior Debt shall be considered to be outstanding whenever any loan commitment or loan under the Senior Loan Document Debt Documents is outstanding outstanding. View More
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