Agent’s Liens definition

Agent’s Liens means the Liens granted by each Loan Party or its Subsidiaries to Agent under the Loan Documents and securing the Obligations.
Agent’s Liens means the Liens in the Collateral granted to the Agent, for the ratable benefit of the Lenders, BABC, and Agent pursuant to this Agreement and the other Loan Documents.

Examples of Agent’s Liens in a sentence

  • Agent hereby appoints each other Lender (and each Bank Product Provider) as its agent (and each Lender hereby accepts (and by its entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to accept) such appointment) for the purpose of perfecting the Agent’s Liens in assets which, in accordance with Article 8 or Article 9, as applicable, of the Uniform Commercial Code can be perfected only by possession or control.

  • Agent hereby appoints each other Lender (and each Bank Product Provider) as its agent (and each Lender hereby accepts (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to accept) such appointment) for the purpose of perfecting Agent’s Liens in assets which, in accordance with Article 8 or Article 9, as applicable, of the Code can be perfected by possession or control.

  • No termination of the obligations of the Lender Group (other than payment in full of the Obligations and termination of the Commitments) shall relieve or discharge any Loan Party of its duties, obligations, or covenants hereunder or under any other Loan Document, and Agent’s Liens in the Collateral shall continue to secure the Obligations and shall remain in effect until all Obligations have been paid in full.

  • The Agent’s Liens in and to the Collateral shall attach to all Collateral without further act on the part of Agent or Borrower.

  • When all of the Obligations have been paid in full, Agent will, at Borrower’s sole expense, execute and deliver any termination statements, lien releases, discharges of security interests, and other similar discharge or release documents (and, if applicable, in recordable form) as are reasonably necessary or reasonably requested to release, as of record, Agent’s Liens and all notices of security interests and liens previously filed by Agent.


More Definitions of Agent’s Liens

Agent’s Liens means the Liens granted by Borrower or its Subsidiaries to Agent under this Agreement or the other Loan Documents.
Agent’s Liens has the meaning set forth in Section 3.01.
Agent’s Liens has the meaning set forth in Section 4.1.
Agent’s Liens has the meaning set forth in SECTION 4.1.
Agent’s Liens. “Liens in favor of Agent”, “Liens granted to Agent”, “security interest of Agent” or words of similar import mean the Liens granted to Agent, for the benefit: of Agent, LC Issuer and Lenders pursuant to this Agreement and the other Loan Documents.
Agent’s Liens has the meaning specified therefor in the Credit Agreement.