Senior Obligations

Example Definitions of "Senior Obligations"
Senior Obligations. The collective reference to the unpaid principal of and interest on the Senior Note and all other obligations and liabilities of the Credit Parties to the Senior Lender of whatever kind or nature pursuant to, under or in connection with the Senior Loan Documents (including, without limitation, interest accruing at the then applicable rate provided in the Senior Loan Documents after the maturity of the Senior Note and interest accruing at the then applicable... rate provided in the Senior Loan Documents after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to any Credit Party, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, whether arising under, out of, or in connection with, the Senior Note, this Agreement, the other Senior Loan Documents or any other document made, delivered or given by any Credit Party in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Senior Lender that are required to be paid by Credit Parties pursuant to the terms of the Senior Note or this Agreement or any other Senior Loan Document). View More Arrow
Found in SCHLOTZSKYS INC contract
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Senior Obligations. The collective reference to the unpaid principal of and interest on the Senior Note Notes and all other obligations and liabilities of the Credit Parties to the Senior Lender Lenders or the Senior Agent of whatever kind or nature pursuant to, under or in connection with the Senior Loan Documents (including, without limitation, indemnity obligations with respect to claims asserted or threatened by third parties, interest accruing at the then applicable rate provided in the Senior Loan Documents Credit Agreement after the maturity of the Senior Note Loans and interest accruing at the then applicable rate provided in the Senior Loan Documents Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to any Credit Party, the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, whether arising under, out of, or in connection with, the Senior Note, Credit Agreement, the Senior Notes, this Agreement, the other Senior Loan 3 Documents or any other document made, delivered or given by any Credit Party in connection therewith, Party, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Senior Lender Agent that are required to be paid by Credit Parties pursuant to the terms of the Senior Note Credit Agreement or this Agreement or any other Senior Loan Document). View More Arrow
Found in GOOD GUYS INC contract
Senior Obligations. The collective reference to the unpaid principal of and interest on the Senior Note Notes and all other obligations and liabilities of the Credit Parties any Borrower or Holding Co. to the Senior Lender of whatever kind or nature pursuant to, under or in connection with the Senior Loan Documents (including, without limitation, interest accruing at the then applicable rate provided in the Senior Loan Documents Agreement after the maturity of the Senior Note Loans and interest accruing at the... then applicable rate provided in the Senior Loan Documents Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to any Credit Party, Borrower or Holding Co., whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, whether arising under, out of, or in connection with, the Senior Note, Loan Agreement, the Senior Notes, this Agreement, the other Senior Loan Documents or any other document made, delivered or given by any Credit Party in connection therewith, Borrower or Holding Co., in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Senior Lender that are required to be paid by Credit Parties any Borrower or Holding Co. pursuant to the terms of the Senior Note Loan Agreement or this Agreement or any other Senior Loan Document). View More Arrow
Found in CAMBRIDGE HOLDINGS LTD contract
Senior Obligations. The collective reference to the unpaid principal (which for purposes of this Agreement shall not exceed $16,500,000) of and interest on the Senior Note Notes and all other obligations and liabilities of any Borrower or the Credit Parties Guarantor to the Senior Lender of whatever kind or nature pursuant to, under or in connection with the Senior Loan Documents (including, without limitation, interest accruing at the then applicable rate provided in the Senior Loan Documents Agreement after the... maturity of the Senior Note Loans and interest accruing at the then applicable rate provided in the Senior Loan Documents Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to any Credit Party, Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, whether arising under, out of, or in connection with, the Senior Note, Loan Agreement, the Senior Notes, this Agreement, the other Senior Loan Documents or any other document made, delivered or given by any Credit Party in connection therewith, Borrower or the Guarantor, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Senior Lender that are required to be paid by Credit Parties any Borrower pursuant to the terms of the Senior Note Loan Agreement or this Agreement or any other Senior Loan Document). View More Arrow
Found in EDAC TECHNOLOGIES CORP contract
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Senior Obligations. The obligation of Delta or its affiliates to make payments to Greenwich or Goldman Sachs pursuant to the terms of the Senior Agreement.
Found in DELTA FINANCIAL CORP contract
Senior Obligations. The term "Senior Obligations" shall mean the aggregate principal amount of the loan made by the Lender to the Borrower pursuant to the Note, together with all interest on such principal amount (including, without limitation, interest which accrues after the commencement of any case, proceeding or other action relating to any Reorganization of the Borrower or any Obligor notwithstanding any law to the contrary) and all other fees, expenses and other amounts due from time to time under the... Financing Agreements (including, without limitation, attorneys fees and expenses, but excluding termination fees, if any, payable in accordance with the terms of the Financing Agreements), provided, however, that the Senior Obligations shall not include any Excluded Obligations. View More Arrow
Found in OVATION PRODUCTS CORP contract
Senior Obligations. All indebtedness of the Company for principal, interest, fees, expenses and other amounts now existing or hereafter incurred or due and owing under the Notes and/or the Purchase Agreement.
Found in MONITRONICS INTERNATIONAL INC contract
Senior Obligations. Means all obligations (including (a) principal, interest, fees, indemnities and all other amounts and (b) interest accruing after commencement of a proceeding in bankruptcy, reorganization or insolvency, whether or not allowable as a claim), contingent or otherwise, of the Loan Parties from time to time to the Senior Creditors under the Credit Documents. The foregoing shall also include any Swap Contract between any Loan Party and any Lender... or affiliate of a Lender. View More Arrow
Found in ARDENT HEALTH SERVICES LLC contract
Senior Obligations. (a) all indebtedness, obligations and liabilities of the Borrowers to FCC under the FCC Senior Credit Agreement or otherwise, whether now existing or hereafter arising, whether direct, indirect, absolute or contingent, due or to become due, including, without limitation, the principal amount of all Loans and Letter of Credit reimbursement obligations outstanding from time to time under the FCC Senior Credit Agreement, and all interest, fees, expenses, indemnification obligations and other... amounts from time to time owing under the FCC Senior Credit Agreement, and all other indebtedness, liabilities or obligations from time to time owing from the Borrowers to FCC, and (b) all indebtedness, obligations and liabilities of the Borrowers to any one or more Senior Creditors, or their successors and assigns, hereafter incurred under any Refinanced Senior Credit Agreement. Notwithstanding anything to the contrary set forth herein, (i) the Senior Obligations shall expressly include all interest which may accrue in respect of any Senior Obligations after the commencement by or against any Borrower of any Reorganization, and (ii) unless the Subordinated Creditors otherwise consent in writing, the aggregate amount of Senior Obligations with respect to which the Subordinated Obligations shall be subordinated shall be limited to $33,000,000 in principal (the "Subordination Limit"), plus interest, fees costs and expenses. 2 View More Arrow
Found in ALTERNATIVE RESOURCES CORP contract
Senior Obligations. Means collectively, (i) all Rent Obligations, (ii) all obligations of Facility Lessee now or hereafter existing under any application, reimbursement agreement, indemnity or other agreement or undertaking with respect to any letter of credit, surety bond or guarantee constituting Qualifying Credit Support including, without limitation, reimbursement and indemnity obligations thereunder, interest owed thereon (including interest payable subsequent to the commencement of any proceeding against or... with respect to Facility Lessee under any chapter of the Bankruptcy Code, or any provision of a state bankruptcy law, whether or not such interest is an allowed claim enforceable against the debtor, and whether or not the holder of such obligation would be otherwise entitled to receive dividends or payments with respect to any such interest or any such proceeding), and fees and expenses related thereto and (iii) all obligations of Facility 1 2 Lessee then or thereafter existing with respect any unsubordinated indebtedness permitted to be incurred by the terms of the Operative Documents including, without limitation, the principal thereof, interest owed thereon (including interest payable subsequent to the commencement of any proceeding against or with respect to Facility Lessee under any chapter of the Bankruptcy Code, or any provision of a state bankruptcy law, whether or not such interest is an allowed claim enforceable against the debtor, and whether or not the holder of such obligation would be otherwise entitled to receive dividends or payments with respect to any such interest or any such proceeding), and fees and expenses related thereto. View More Arrow
Found in RELIANT ENERGY MID ATLANTIC POWER HOLDINGS LLC contract
Senior Obligations. All of the obligations and liabilities of the Borrower under the Senior Notes, whether fixed, contingent, now existing or hereafter arising, created, assumed or incurred, and including all post-petition interest and make-whole premiums, whether or not allowed as a secured claim or as an unsecured claim in any proceeding, including any proceeding arising under Title 11 of the United States Code; provided, however, that Senior Obligations shall not exceed, in the aggregate, the principal amount... and interest of the Senior Notes outstanding and in any event more than $3,400,000. View More Arrow
Found in Onstream Media CORP contract
Senior Obligations. Means all obligations of the Borrower under the Senior Loan Documents including but not limited to principal, interest, fees and all other amounts owing to Senior Lenders under the Senior Loan Documents, from time to time. Notwithstanding the foregoing, the Senior Obligations shall not include any principal owed by the Borrower to the Senior Lenders in excess of $10,000,000 except with the consent of the Senior Security Holders' Representative and the Subordinate Lenders' Representatives.
Found in IDERA PHARMACEUTICALS, INC. contract
Senior Obligations. (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all loans made pursuant to each Senior Credit Facility, (ii) all reimbursement obligations (if any) and interest thereon (including without limitation any Post-Petition Interest) with respect to any letter of credit or similar instruments issued pursuant to the Senior Credit Facility, (iii) all Hedging Obligations of the Company or any Subsidiary, (iv) all fees, expenses, costs... and other amounts payable from time to time pursuant to the Senior Credit Facility including, but not limited to, fees, reimbursement obligations, guaranty obligations, penalties, indemnities, legal and other fees, charges and expenses, and amounts advanced by and expenses incurred in order to preserve any collateral or security interest, whether due after acceleration or otherwise. View More Arrow
Found in DUNE ENERGY INC contract
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