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.
Appears in 5 contracts
Samples: Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Obligations to be Secured. 2.1 1. Subject to 1 paragraph (A) (Considerations) and to paragraph 2.2 below and other than in respect of any Credit-Specific Transaction Securityabove, the obligations to be secured by any such Security are the Secured Obligations and are (as defined below). Such security is to be granted in favour of the Common Security Agent on behalf of each of the Secured Parties.. For ease of reference, the following definitions should, to the extent legally possible, be incorporated into each Transaction Security Document (with the capitalised terms used in them having the meaning given to them in the Intercreditor Agreement):
Appears in 3 contracts
Samples: Private and Confidential (Chen Xiangyu), Strictly Private and Confidential (WuXi PharmaTech (Cayman) Inc.), Strictly Private and Confidential (WuXi PharmaTech (Cayman) Inc.)
Obligations to be Secured. 2.1 (a) Subject to paragraph 1 (Considerations) and to paragraph 2.2 below and other than in respect of any Credit-Specific Transaction Security(c) below, the obligations to be secured and/or guarantee (as the case may be) are the Secured Obligations and are (as defined below). Unless otherwise provided in a Finance Document, any Security is to be granted in favour of the Common Security Agent on behalf of each of Lender from time to time, the Secured PartiesAgent, the MLABs and any Hedge Counterparty.
Appears in 3 contracts
Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.)
Obligations to be Secured. 2.1 1. Subject to Section 1 (Considerations) and to paragraph 2.2 below and other than in respect of any Credit-Specific Transaction Security2.3 below, the obligations to be secured are the Secured Obligations and are Obligations. The Security is to be granted in favour of the Common Security Collateral Agent on behalf of each of the Secured PartiesParty.
Appears in 2 contracts
Samples: Credit Agreement (1295728 Alberta ULC), Intercreditor Agreement (1295728 Alberta ULC)
Obligations to be Secured. 2.1 1. Subject to 1 (A) (Considerations) and to paragraph 2.2 below and other than in respect of any Credit-Specific Transaction Security2 below, the obligations to be secured are the Secured Obligations and are (as defined below). The Collateral is to be granted in favour favor of the Common Security Collateral Agent on behalf of each Secured Party. For ease of reference, the Secured Parties.following definitions should, to the extent legally possible, be incorporated into each Security Document (with the capitalized terms used in them having the meaning given to them in the Credit Agreement):
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Grifols SA), Credit and Guaranty Agreement (Grifols SA)
Obligations to be Secured. 2.1 Subject to paragraph 1 (Considerations) above and to paragraph 2.2 below paragraphs 2.3 and other than in respect of any Credit-Specific Transaction Security2.4 below, the obligations to be secured are the Borrower Secured Obligations and are Liabilities. The Security is to be granted in favour of the Common Borrower Security Agent Trustee on behalf of each of the Borrower Secured PartiesCreditor from time to time.
Appears in 1 contract
Obligations to be Secured. 2.1 1. Subject to 1 (A) (Considerations) and to paragraph 2.2 below and other than in respect of any Credit-Specific Transaction Security2 below, the obligations to be secured are the Secured Obligations and are Liabilities. The Security is to be granted in favour of the Common Security Agent on behalf of each of the Secured PartiesParty.
Appears in 1 contract