Examples of Common Security and Account Agreement in a sentence
Except as expressly provided for herein, the terms and conditions of the Common Security and Account Agreement shall continue unchanged and shall remain in full force and effect.
The provisions set forth in Section 10.3 (Limitation on Recourse) of the Common Security and Account Agreement are incorporated by reference and shall apply mutatis mutandis as if fully set forth herein.
It is the intent of the parties that the Security Interests granted in the Collateral, and the guarantees granted by the Guarantors, in each case under and pursuant to the Common Security and Account Agreement, shall continue in full force and effect with respect to the Senior Debt Obligations arising under this Agreement.
Piracy is an important source of predation which creates economic disruption.
All notices, requests and demands to or upon the Security Trustee or the Subordinated Debtor hereunder shall be effected in the manner provided in Section 12.7 (Notices) of the Common Security and Account Agreement.
The waiver of subrogation set forth in Section 11.4 (No Subrogation) of the Common Security and Account Agreement shall apply to this Agreement mutatis mutandis, with the same effect as if any references in such section to the “Guarantors” were references to the “Pledgor” for the purposes of this Section 7.2.
Except to the extent provided in Section 10.3 (Limitation on Recourse) of the Common Security and Account Agreement, (a) the Non-Recourse Persons shall not be liable for any amount payable under this Agreement or any Finance Document and (b) no Secured Party shall seek a money judgment or deficiency or personal judgment against any Non-Recourse Person for payment or performance of any obligation of the Loan Parties under this Agreement or the other Finance Documents.
In this Obligor Subordination Agreement and the Schedules hereto, except as otherwise expressly set forth herein, capitalized terms shall have the meanings assigned to them in Section 1.3 of Schedule A (Common Definitions and Rules of Interpretation) of the Common Security and Account Agreement.
The provisions of Section 10.3 (Limitation on Recourse) of the Common Security and Account Agreement apply to this Agreement, mutatis mutandis.
The obligations of the Guarantors to the Holders of Notes and to the Trustee pursuant to the Note Guarantee and the Indenture are expressly set forth in Article 11 of the Indenture and Section 11 of the Common Security and Account Agreement and reference is hereby made to the Indenture for the precise terms of the Note Guarantee.