Examples of German Security Documents in a sentence
Each Lessee acknowledges that the Lessor has transferred or will transfer all of its rights under this Agreement to the German Security Trustee pursuant to the German Security Documents.
The Administrative Agent may resign as Administrative Agent upon 20 days’ notice to the Lenders and the U.S. Borrower; provided that, for purposes of the Dutch Security Documents, the German Security Documents, the U.S. Guarantee Agreement and the Foreign Guarantee Agreement, any resignation by the Administrative Agent shall not be effective with respect to its rights under the Parallel Debts until such rights are assigned to the successor agent.
Also, the holder of an option or contract to purchase or any other person having enforceable proprietary interest in such land.
The German Security shall be realised, and any enforcement proceeds shall be distributed, in accordance with the relevant provisions of the Credit Agreement together with the relevant provisions of the German Security Documents.
By accepting the benefits of the Liens and/or Collateral, each Person to whom a Secured Obligation is owed shall be deemed to have appointed the Collateral Agent as its agent and agreed to be bound by the German Security Documents as a Secured Party.