Examples of Canadian Collateral Agreement in a sentence
In this regard, one of the predicate facts underlying this paper is that a “one size fits all” approach to drug control systems has terribly impeded efficient and effective drug control.
After the Closing Date, Centuri will notify the Administrative Agent in writing promptly upon any Credit Party’s acquisition (including any acquisition by statutory division) or ownership of any Collateral not already covered by the US Collateral Agreement or Canadian Collateral Agreement, as applicable (such acquisition or ownership being herein called an “Additional Collateral Event” and the property so acquired or owned being herein called “Additional Collateral”).
After the Closing Date, the US Borrower will notify the Administrative Agent in writing promptly upon any Credit Party’s acquisition or ownership of any Collateral not already covered by the US Collateral Agreement or Canadian Collateral Agreement, as applicable (such acquisition or ownership being herein called an “Additional Collateral Event” and the property so acquired or owned being herein called “Additional Collateral”).
The Canadian Collateral Agreement is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, a legal, valid, binding and enforceable security interest in the Collateral described therein and proceeds and products thereof to secure the Obligations.
In the event that any provisions of this Intellectual Property Security Agreement are in conflict with the Canadian Collateral Agreement or the Credit Agreement, the provisions of the Canadian Collateral Agreement or the Credit Agreement shall govern.