Secured parties may receive preference to unsecured senior lenders. Notwithstanding the senior status of a loan or other debt instrument, another debt instrument (whether senior or otherwise) may benefit from security that effectively renders that other instrument more likely to be repaid in an insolvency than unsecured senior debt.
A typical example of a tsundere character. Tsundere (ãã³ãã¬, pronounced [tsÉ¯ndeÉ½e]) is a Japanese term for a character development process that describes a person who is initially cold and even hostile towards another person before gradually showing a warmer side over time.
â Catullus 85. 1  The Japanese term tsundere refers to an outwardly violent character who runs hot and cold, alternating between two distinct moods: tsuntsun (aloof or irritable) and deredere (lovestruck). The term was originally used to describe characters who began with a harsh outgoing personality, but slowly revealed a soft and vulnerable interior over time.