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.
Agent’s Liens means the Liens 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 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 and the Commitments have been terminated.

  • If, prior to any of the foregoing, (A) Agent’s Liens shall have been released or terminated or (B) any provision of this Agreement shall have been terminated or cancelled, Agent’s Liens, or such provision of this Agreement, shall be reinstated in full force and effect and such prior release, termination, cancellation or surrender shall not diminish, release, discharge, impair or otherwise affect the obligation of any Loan Party in respect of such liability or any Collateral securing such liability.

  • The Swing Loans shall be secured by Agent’s Liens, constitute Revolving Loans and Obligations, and bear interest at the rate applicable from time to time to Revolving Loans that are Base Rate Loans.

  • All Liens of Agent in the Collateral are duly perfected, first priority Liens, subject only to Permitted Liens that are expressly allowed to have priority over Agent’s Liens.


More Definitions of Agent’s Liens

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 means the Liens granted by any Borrower or its Subsidiaries to Agent under the Loan Documents. Any reference in any Loan Document to an Agent’s Lien granted by the US Borrower shall be a reference to such Agent’s Lien, subject to the Carve Out.
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.