Bermuda Security Agreement definition

Bermuda Security Agreement means the Collateral Assignment, dated as of November 9, 2001, by the Bermuda Company in favor of the Borrower.
Bermuda Security Agreement means a Deed of Security Assignment and Charge, in substantially the form of Exhibit F-3, among the Bermuda Loan Parties and the Administrative Agent, for the benefit of the Lender Parties.
Bermuda Security Agreement means that certain Deed of Security Assignment and Charge dated as of February 11, 2015, by and among the Bermuda Borrowers and the Administrative Agent, for the benefit of the Secured Parties, as ratified and reaffirmed by the Bermuda Borrowers on the Effective Date pursuant to the Reaffirmation Agreement.

Examples of Bermuda Security Agreement in a sentence

  • In connection with Dura's security interest with respect to the Keftab Products pursuant to the terms of the Dura Bermuda Security Agreement (as defined in Schedule 7.2(b) hereof), Dura hereby covenants that should Dura exercise its rights at any time during the Licensing Period with respect to its security interest in the Keftab Products under the Dura Bermuda Security Agreement, Dura shall assume all of Dura Bermuda's obligations to DJ Pharma with respect to the Keftab Products under this Agreement.

  • Notwithstanding the foregoing, Dura hereby covenants that should the Keftab Rights be transferred to DJ Pharma pursant to Section 1.4 hereof, and if as of such time Dura has not exercised its rights under the Dura Bermuda Security Agreement with respect to the Keftab Products, Dura shall as of the Second Closing release its security interest under the Dura Bermuda Security Agreement with respect to the Keftab Products.

  • Notwithstanding the foregoing, Dura hereby covenants that should the Keftab Rights be transferred to DJ Pharma pursuant to Section 1.4 hereof, and if as of such time Dura has not exercised its rights under the Dura Bermuda Security Agreement with respect to the Keftab Products, Dura shall as of the Second Closing release its security interest under the Dura Bermuda Security Agreement with respect to the Keftab Products.


More Definitions of Bermuda Security Agreement

Bermuda Security Agreement means the Collateral Assignment, dated as of November 9, 2001 by AWA Bermuda in favor of the Company.
Bermuda Security Agreement means the Collateral Assignment, dated as of November 9, 2001 by Arjo Wiggins Appleton (Bermuda) Limited in favor of the Company.
Bermuda Security Agreement means the Collateral Assignment, dated as of November 9, 2001, by the Bermuda Company in
Bermuda Security Agreement means that certain Deed of Security Assignment and Charge dated as of February 11, 2015, by and among the Bermuda Borrowers and the Administrative Agent (as successor-in-interest to Rabobank as collateral agent), for the benefit of the Secured Parties, as ratified and reaffirmed by the Bermuda Borrowers on the Effective Date pursuant to the Reaffirmation Agreement. “Board” means the Board of Governors of the Federal Reserve System of the United States. “Borrower” or “Borrowers” means, individually or collectively as the context may require, the Company, the Bermuda Borrowers and any other Persons from time to time becoming Borrowers hereunder pursuant to Section 9.02(e), but excluding any Persons who from time to time cease to be Borrowers hereunder pursuant to Section 9.02(f). “Borrower Representative” means the Company, in its capacity as contractual representative of the Borrowers pursuant to Article XI. “Borrowing” means (a) Revolving Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect; (b) a Term Loan made on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect; and (c) a Swingline Loan. “Borrowing Request” means a request, in substantially the form of Exhibit A, by the Borrower Representative for a Borrowing of Revolving Loans or Term Loans, in each case in accordance with Section 2.03. “Business Day” means any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to remain closed; provided that, when used in connection with a Eurodollar Loan, the term “Business Day” shall also exclude any day on which banks are not open for dealings in dollar deposits in the London interbank market. “Capital Lease Obligations” of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a consolidated balance sheet of such Person, and the amount of such obligations shall be the capitalized amount thereof. “Captive Insurance Company” means, collectively, (a) GK Insurance Company, organized and licensed to provide insurance under the laws of the State of Vermont; (b) Mayflower Insurance Company, Ltd., organized and license...
Bermuda Security Agreement means a Deed of Security Assignment and Charge, in substantially the form of Exhibit F-3, among the Bermuda Loan Parties and the Administrative Agent, for the benefit of the Secured Parties.
Bermuda Security Agreement means that certain Deed of Security Assignment and Charge dated as of February 11, 2015, by and among the Bermuda Borrowers and the Administrative Agent (as successor-in-interest to Rabobank as collateral agent), for the benefit of the Secured Parties, as ratified and reaffirmed by the Bermuda Borrowers on the Effective Date pursuant to the Reaffirmation Agreement. “Board” means the Board of Governors of the Federal Reserve System of the United States. “Borrower” or “Borrowers” means, individually or collectively as the context may require, the Company, the Bermuda Borrowers and any other Persons from time to time becoming Borrowers hereunder pursuant to Section 9.02(e), but excluding any Persons who from time to time cease to be Borrowers hereunder pursuant to Section 9.02(f). “Borrower Representative” means the Company, in its capacity as contractual representative of the Borrowers pursuant to Article XI. “Borrowing” means (a) Revolving Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single, as of any date of determination, (a) with respect to Term SOFR Rate Loans outstanding as of such date, a borrowing consisting of Loans of the same Class and having the same Interest Period is in effect; (b) a Term Loan made on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect; and (c) a Swingline Loanwith respect to Daily Simple SOFR 10
Bermuda Security Agreement means a Floating Charge Over Receivables, substantially in the form of Exhibit D-6 to the Credit Agreement, as amended, supplemented, restated or otherwise modified from time to time.