No Separate Security. The Lender shall not obtain from the Borrower, any guarantor or any other person or entity any additional collateral, guaranty, or security that separately secures the portion of the loan not guaranteed by VSBFA.
No Separate Security. Each Creditor Party represents and warrants to each other Creditor Party that, in respect of its Senior Debt Obligations, it has not received any security or guaranty from the Company Group Members or any other Person other than its interest in the Collateral as provided in the Financing Documents.
No Separate Security. 17 3.6 Subordinated Affiliate Bonds .............................. 17
No Separate Security. Each Senior Secured Party (for itself, each Person on whose behalf it executes this Agreement and any Person claiming through it) represents and warrants to each other Senior Secured Party that it has not received, and covenants to each other Senior Secured Party that it will not receive, any security interest in respect of the Senior Secured Obligations other than any security interest granted pursuant to any Senior Secured Credit Document.
No Separate Security. Each Secured Party that is a party to this Agreement (including the Administrative Agent, the Replacement Letter of Credit Administrative Agent and the Collateral Agent, on behalf of the applicable Secured Parties): (a) agrees that, except as otherwise provided in Section 5.03, all Collateral is for the joint benefit of all the Secured Parties; and (b) represents and warrants to each other Secured Party that, in respect of any Secured Obligations now or hereafter owing to such Secured Party, it has received no security or guarantees from the Borrower or any Affiliate thereof, other than (i) its interest in the Collateral as provided in the Security Documents, if any, or (ii) as otherwise provided pursuant to the Financing Documents. In furtherance of the foregoing, if any Secured Party shall receive or be entitled to demand or otherwise call upon any guaranty, security or other assurance of payment which is not described in clause (i) or (ii) of the preceding sentence in respect of the Secured Obligations owed to such Secured Party, such Secured Party shall receive any proceeds thereof in trust for all the Secured Parties (to be shared promptly and ratably with the other Secured Parties) and shall exercise its rights to demand or call upon such guaranty, security or other assurance of payment as directed by the Required Secured Parties (determined without regard to the Voting Party Percentage of such Secured Party).
No Separate Security. Each Secured Party that is a party -------------------- hereto (for itself, each party on whose behalf it executes this Agreement and any Person claiming through it) (a) agrees that all collateral security pledged under the Security Documents is for the joint benefit of all the Secured Parties and (b) represents and warrants to each other Secured Party that, in respect of the Senior Secured Obligations owing to it, it has received no security or guarantees from the Issuer or any of its Affiliates other than its interest in the Collateral as provided in the Security Documents.
No Separate Security. Each Secured Party that is a party hereto (for itself and any Person claiming through it) (a) agrees that all of the Collateral pledged under the Security Documents (other than the Working Capital Facility Collateral, which is solely for the benefit of the Working Capital Facility Lenders and the Working Capital Facility Administrative Agent) is for the joint and, subject to Section 6.1, pari passu benefit of all the Secured Parties as security for the payment and performance of the Obligations and (b) agrees with the other Secured Parties that it will not, without the prior consent of the other Secured Parties, take or obtain any Lien on any properties or assets of the Borrower to secure the Obligations under any Financing Document and shall not enter into any agreement with the Borrower, the Sponsors or the Shareholders relating in any manner to the Credit Facilities, except for the benefit of all Secured Parties or, with respect to the Working Capital Facility Collateral and any and all Disbursement LCs, for the benefit of the Working Capital Facility Lenders and the Working Capital Facility Administrative Agent. The parties hereto acknowledge that the Working Capital Facility Collateral is pledged to the Offshore Collateral Agent solely for the benefit of the Working Capital Facility Lenders and the Working Capital Facility Administrative Agent.
