Examples of Existing Secured Obligations in a sentence
The Administrative Agent shall have received reasonably satisfactory evidence of the termination of all Liens securing any Existing Secured Obligations.
To the extent authorized by the Financing Orders, Borrowers shall prepay 100% of the Existing Secured Obligations outstanding at such time.
Each Grantor, pursuant to the Existing Notes Collateral Agreements, has granted to the Collateral Trustee for the benefit of the Existing Indenture Secured Parties as security for such Grantors’ Existing Secured Obligations, a security interest in all right, title and interest of such Grantor in all Collateral, whether then existing or thereafter acquired (the “Existing Security Interests”).
For the avoidance of doubt, such fee shall not be waived if the Existing Secured Obligations and the Obligations are paid in full with proceeds from any other source, whether during the Bankruptcy Cases or under a plan of reorganization.
All Existing Secured Obligations of Canadian Borrower to Agent and Canadian Revolving Lenders that are outstanding and unpaid as of the date hereof pursuant to the Existing Credit Agreement or otherwise shall be deemed Secured Obligations under this Agreement which are secured by Liens in the Collateral pursuant to the terms of this Agreement.