Examples of Australian Security Agreement in a sentence
The obligations of Company under this Debenture are secured by all assets of Company and each Subsidiary (other than the Petroleum Exploration License) pursuant to the Security Agreement and the Australian Security Agreement, each dated as of May 27, 2016 among Company, the relevant Subsidiaries of Company and Agent.
In the event of any contradiction between this Security Agreement and the Australian Security Agreement, the provisions of this Security Agreement will prevail.
Australian Security Agreement the document entitled ‘General Security Deed’ between the Guarantor and the Secured Party dated on or about the date of this deed.
Except for Permitted Liens (as defined in the Debentures), each Debtor shall at all times maintain the liens and Security Interests provided for hereunder as valid and perfected first priority liens and security interests in the Collateral in favor of Agent, for the benefit of Secured Parties, until this Agreement, the Australian Pledge Agreement, the Australian Security Agreement and the Security Interest hereunder and thereunder shall be terminated pursuant to Section 14 hereof.
Each of the Issuer and each Subsidiary Guarantor consents to, and agrees to be bound by, the terms of the Security Agreement, the Australian Security Agreement, the Intercreditor Agreements and the Collateral Trust Agreement and the other Priority Lien Security Documents, as the same may be in effect from time to time, and to perform its obligations thereunder in accordance therewith.