Transaction Securities Sample Clauses

Transaction Securities. 10.1 Granting of the Transaction Securities
Sample 1
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Transaction Securities. 17.1 Borrowers shall, on or prior to the Closing Date, create the following Securities in favour of the Lender, in form and substance satisfactory to the Lender, such Securities shall secure the Secured Amounts:
Sample 1
Transaction Securities. 17.1 The following Securities which were created by the Borrowers pursuant to the Original Agreement in favour of the Lender, in form and substance satisfactory to the Lender (and as amended from time to time), shall continue to secure the Secured Amounts:
Sample 1
Transaction Securities 
Sample 1

Related to Transaction Securities

  • Reorganization Securities If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior Obligations and the Second Priority Debt Obligations, then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the Second Priority Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

  • Transaction Security Each of the Parties agrees that the Transaction Security shall rank and secure the Credit Facility Liabilities, the Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities).

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