Dutch Security Document definition

Dutch Security Document shall have the meaning assigned to such term in Section 8.07.

Dutch Security Document means, collectively, each of the following documents to be entered into on, and to be dated, the Effective Date (i) the Deed of Establishment of a right of Pledge on Registered Shares GC Pan European Crossing Holdings B.V., (ii) the Deed of Establishment of a right of Pledge on Registered Shares Global Crossing Nederland B.V., (iii) the Deed of Establishment of a right of Pledge on Registered Shares GC Pan European Crossing Nederland B.V., (iv) the Deed of Establishment of a right of Pledge on Registered Shares GC Pan European Crossing Networks B.V., (v) the Deed of Establishment of a right of Pledge on Registered Shares Global Crossing Venezuela B.V., (vi) the Deed of Establishment of a right of Pledge on Registered Shares GT Netherlands B.V., (vii) the Agreement and Deed of Non-Possessory Pledge of Assets, (viii) the Agreement and Deed of Disclosed Pledge of Intercompany Accounts Receivable dated, (ix) the Agreement and Deed of Disclosed Pledge of Credit Balances on Bank Accounts, (x) the Agreement and Deed of Undisclosed Pledge of Third Party Accounts Receivable and (xi) the Deed of Establishment of a right of Mortgage and Pledge.

Dutch Security Document means any Security Document governed by Dutch law.

Examples of Dutch Security Document in a sentence

• The Holders by acquiring the Securities are deemed to have authorized the Collateral Agent, to create parallel debt obligations of any relevant Note Party as will be described in any Dutch Security Document (the “Parallel Debt”), including that an amount paid by any relevant Note Party in respect of a Parallel Debt will discharge the liability of that Note Party under the corresponding Notes Obligations.

• The retiring Collateral Agent will reasonably cooperate in assigning its rights under the Parallel Debt to any such successor Collateral Agent and will reasonably cooperate in transferring all rights under any Dutch Security Document to such successor Collateral Agent.

• In addition, the Borrower has requested that the Dutch Security Document (as defined in the Collateral Trust Agreement) beterminated by the Collateral Trustee and the other parties thereto.

• The parties hereto acknowledge and agree that, for purposes of a Dutch Security Document, any resignation or removal by the Collateral Agent is not effective with respect to its rights and obligations under the Parallel Debt until such rights and obligations have been assigned to and assumed by a successor Collateral Agent.

More Definitions of Dutch Security Document

Dutch Security Document means any Security Document governed by the laws of The Netherlands.

Dutch Security Document means each document identified on Schedule 1.1(D) (as such schedule may be amended or supplemented by the Administrative Agent to add additional Dutch Security Documents in connection with the execution of a Counterpart Agreement pursuant to Section 5.10) and such other mortgages, pledges, security agreements, documents and instruments governed by the laws of the Netherlands to provide security for any or all Dutch Parallel Debt as may be required by the Administrative Agent (based on advice of local counsel) to be delivered on the Closing Date or at other times set forth in the Loan Documents, as each such Dutch Security Document is amended, restated, supplemented or otherwise modified from time to time.

Dutch Security Document means, collectively, each of the following documents to be entered into on, and to be dated, the Effective Date (i) the Deed of Establishment of Global Security Agreement

Dutch Security Document means the agreement and deed of pledge of shares of Silicon Graphics World Trade B.V.

Dutch Security Document means a notarial deed of pledge over shares dated October 31, 2017 among the Company, the Administrative Agent and MCC Labels1 Netherlands B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands relating to the grant by the Company of a Lien over 66% of the shares in MCC Labels1 Netherlands B.V.

Dutch Security Document shall have the meaning assigned to such term in Section 8.07 (Parallel Debt).

Dutch Security Document means each document, agreement and instrument set forth in Part A of Schedule 9 or any other document, agreement or instrument designated as such by the Global Collateral Agent and the Lien Grantor entering into such document, agreement or instrument.