Obligations to be Secured. 2.1 Subject to 1 (Considerations) and to paragraph 2.2 below and other than in respect of any Credit-Specific Transaction Security, the obligations to be secured are the Secured Obligations and are to be granted in favour of the Common Security Agent on behalf of each of the Secured Parties.
Obligations to be Secured. 1. Subject to (B) (Considerations) and to paragraph 2 below, the obligations to be secured are the Secured Liabilities. The Security is to be granted in favour of the Security Agent on behalf of each Lender from time to time, and the Agent and the Arrangers.
Obligations to be Secured. 1. The Security will secure both the Notes, the Note Guarantees and the Issuer’s Obligations under this Indenture to the extent permitted by law and Security is to be granted in favor of the Security Agent on behalf of the Holders of Notes and the Trustee.
Obligations to be Secured. Whether or not recovery upon any of the following secured obligations is now or hereafter becomes barred by any statute of limitations or is now or hereafter becomes otherwise unenforceable, the security interest granted in this Agreement shall secure:
Obligations to be Secured. 2.1Subject to Clause 1 (Considerations) above and to paragraph 2.2 below, the obligations to be secured are the Secured Obligations (as defined below). The security is to be granted in favor of Purchaser Agent on behalf of each Secured Party from time to time or, to the extent required in any applicable jurisdiction, in favor of the Secured Parties from time to time as represented by Purchaser Agent. For ease of reference, the following definitions should, to the extent legally possible, be incorporated into each Security Document:
Obligations to be Secured. 5. Subject to (A) (Considerations) and to paragraph 2 below, the obligations to be secured are the Obligations.
Obligations to be Secured. (a) Subject to paragraph 1 (Considerations) above and to paragraph (c) below, the obligations to be secured are the Secured Obligations (as further detailed below). The Security is to be granted in favour of the Security Agent on behalf of the Secured Parties. If “parallel debt” or “joint and several creditor” provisions are necessary, such provisions will be contained in the individual security documents. To the extent possible, there should be no action required to be taken in relation to the guarantees and/or security under the Transaction Security Documents when any Secured Party transfers any of its participation under a Finance Document to a new Secured Party.
Obligations to be Secured. 4.1 Subject to paragraph 4.3 below, the obligations to be secured are the Secured Liabilities and, for ease of reference, this definition (as well as the definition of Secured Parties from this Agreement) should to the extent legally possible be incorporated in all material respects into each Transaction Security Document.
Obligations to be Secured. Whether or not recovery upon any of the following secured obligations is now or hereafter becomes barred by any statute of limitations or is now or hereafter becomes otherwise unenforceable, the security interests herein granted shall secure the prompt and complete payment and performance of each indebtedness arising under the Loan Agreement, as well as any and all sums and expenses including, without limitation, attorneys’ fees, court costs and collection and receivers’ expenses, advanced or incurred by Secured Party in connection with the perfection and protection of the security interests herein granted, the preservation or disposition of the Collateral, or any part thereof, or the enforcement by Secured Party of any of the foregoing obligations whether upon default by Debtor or otherwise.
Obligations to be Secured. (a) Subject to paragraph 1 (Considerations) and to clause (b) and paragraph 3 (General) below, the obligations to be secured are the Obligations. The security interest is to be granted in favor of the Collateral Agent for the benefit of the Secured Parties. Where a right is given to the Secured Parties, it shall always be exercisable by any agent or representative of the Secured Parties, and any notice to be given by or to the Secured Parties shall be given by or to such representative or agent. If required for the granting of security in favor of the Collateral Agent to secure the Obligations, parallel debts will be assumed by the Borrower.
