Common use of Obligations to be Secured Clause in Contracts

Obligations to be Secured. 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.

Appears in 2 contracts

Sources: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Obligations to be Secured. 1. Subject to (BA) (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 ArrangersSecured Party. 2. The secured obligations will be limited:

Appears in 1 contract

Sources: Guarantee Facility Agreement (UTAC Holdings Ltd.)

Obligations to be Secured. 1. Subject to (BA) (Considerations) and to paragraph 2 below, the obligations to be secured are the Secured LiabilitiesObligation (as defined below). The Security is to be granted in favour of the Lender. For ease of reference, the following definition should, to the extent legally possible, be incorporated into each Transaction Security Agent on behalf of each Lender from time to time, and the Agent and the Arrangers.Document:

Appears in 1 contract

Sources: Facilities Agreement (Velti PLC)