Dutch Collateral Party definition

Dutch Collateral Party has the meaning specified in Section 9.12(a).
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Dutch Collateral Party means each Obligor that agrees to provide security governed by Netherlands law.
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Examples of Dutch Collateral Party in a sentence

  • The payment undertaking of each Dutch Collateral Party under this Article 8 (Parallel Debt) are each to be referred to as a “Parallel Debt”.

  • The Parallel Debt of each Dutch Collateral Party will be payable in the currency or currencies of the Corresponding Obligations and will become due and payable as and when and to the extent the relevant Corresponding Obligations become due and payable.

  • The Collateral Agent is hereby authorized to execute and deliver any Collateral Document expressed to be governed by the laws of the Netherlands and agree with the creation of parallel debt obligations of any Dutch Collateral Party (the “Parallel Debt”).

Related to Dutch Collateral Party

  • Cash Collateral shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.