English Security Agreement definition

English Security Agreement means the account charge to be executed by the Borrower and Citibank, N.A. as Secured Party in connection with the pledge of CTY Shares substantially in the form of Exhibit K1 and a Hebrew translation thereof substantially in the form of Exhibit K2.

English Security Agreement means the English law security agreement over all assets of the English Credit Parties, including, without limitation, the shares of the English Credit Parties, the Eligible English Accounts, the English Dominion Account, the English Collection Account and the Eligible English Inventory to be entered into among the Credit Parties party thereto and the Collateral Agent, for the benefit of the Secured Creditors.

English Security Agreement means the debenture, dated as of the date hereof, between the English Chargor and the French Administrative Agent, as the same may be amended, restated, supplemented or otherwise modified from time to time, substantially in the form of Exhibit D-3, which shall secure the Obligations of the English Chargor under the Guaranty (French Obligations).

Examples of English Security Agreement in a sentence

• Guarantor and Secured Party entered into that certain Plain English Security Agreement dated as of September 22, 2010 (including all annexes, exhibits and schedules thereto, and as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Security Agreement”), pursuant to which Guarantor granted a security interest in the Collateral to secure the payment and performance in full of all the Secured Obligations.

• This Section 6.7 shall not apply to the extent that it would require any security to be granted with respect to any assets of the Borrower or any of its Subsidiaries where the grant of such security with respect to such assets is prohibited under the terms of the Excluded Agreements (as defined in the English Security Agreement).

• Upon the occurrence and during the continuance of an Event of Default, subject to the terms of the Plain English Security Agreement by and between Us and You dated as of September 22, 2010 (as may be further amended, modified, revised, supplemented, extended, restated or replaced from time to time, the “Security Agreement”) and the Guaranty, We shall have the right, but shall in no way be obligated, to bring suit in Our own name to enforce Your rights in the Intellectual Property Collateral.

• The SPV hereby notifies each party to this Agreement of the assignment of its rights under the Transaction Documents to the Security Trustee, pursuant to the terms of the English Security Agreement and the Irish Security Agreement.

• Each Lender, each Issuing Bank, the US Collateral Agent, the Canadian Collateral Agent, the European Administrative Agent, the Canadian Administrative Agent and the Administrative Agent appoints the European Collateral Agent to act as security trustee under and in connection with the Netherlands Security Agreement and the English Security Agreement on the terms and conditions set forth on Schedule 8.

More Definitions of English Security Agreement

English Security Agreement means, individually and collectively as the context may require, each security agreement entered into by the Company governed by the laws of England and Wales that creates or purports to create a Lien in favor of the European Collateral Agent for the benefit of the Secured Parties in the Inventory of the Company located in England and Wales (and in any Accounts governed by the laws of England and Wales).

English Security Agreement means an English law debenture, dated as of even date with the Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each Loan Party who is organized under the Laws of England for the benefit of Agent.

English Security Agreement means the English law security agreement entered into between members of the Borrower Security Group and the Borrower Security Trustee on or about the Closing Date;

English Security Agreement means the template English law governed security document which is available at xxx.xxxxx-xx.xxx/Xxxxxxxxx or on request to the Information Agent in accordance with paragraph 10.5 of Section 1 Part A (Introduction).

English Security Agreement means the template English law governed security document which is available at www.lucid-is.com/Steinhoff or on request to the Information Agent in accordance with paragraph 10.5 of Section 1 Part A (Introduction).“Entitlement Letter”means either a SEAG Entitlement Letter or a SFHG Entitlement Letter.“Eurobonds”means the €800,000,000 1.875 per cent notes issued by the Company on 24 July 2017, unconditionally and irrevocably guaranteed by SIHNV, due 2025 (ISIN: XS1650590349).“Eurobonds Agent”means The Bank of New York Mellon, London Branch, as paying agent under the Eurobonds.“Eurobonds Claim”means any Claim arising out of an interest in the Eurobonds.“Eurobonds Instruction Deadline”means 5.00 p.m. (London time) on 12 December 2018.“Eurobonds Instruction Letter”means the letter from the Company to the Clearing Systems, confirming that the CVA has become effective and irrevocably instructing the Clearing Systems to cancel all of the issued and outstanding Eurobonds with immediate effect upon receipt of the letter.“Euroclear”means Euroclear Bank S.A./N.V. or any successor as operator of the Euroclear clearing system.“European Union”has the meaning given to it in paragraph (i) of Part 2 (Interpretation) of this Annex 1 (Definitions and interpretation).“Existing Entitlement”has the meaning given to it in Part A of Annex 17 (Calculation of Final Entitlements).“Existing SEAG Debt”means any financial indebtedness owed by the Company in respect of the Existing SEAG Facility Agreements and the Eurobonds.“Existing SEAG Debt Claim”means any claim or claims in respect of any Liability of the Company, SIHNV or any other Group Company arising directly or indirectly in relation to, or arising out of or in connection with, the Existing SEAG Facility Agreements or the Eurobonds, including any claim or claims in relation to any Liability of the Company, SIHNV or any other Group Company in respect of loss or damage suffered or incurred, whether directly or indirectly, as a result of or in connection with such Liability (including, for the avoidance of doubt, any interest accruing on, or accretions arising in respect of, such claims). For the avoidance of doubt, an Existing SEAG Debt Claim shall not include any Liability which arises as a result of a failure to comply with the terms of the Restructuring Documents and/or the CVA.“Existing SEAG Facility Agreements”means:

English Security Agreement means the agreement described in clause (y) of the definition of Security Agreement.

English Security Agreement means the security agreement governed by English law, dated on or around the Closing Date, by and among the SPV and the Security Trustee.