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.
The Administrative Agent will reasonably cooperate in assigning its rights under such Parallel Debts to any such successor agent and will reasonably cooperate in transferring all rights under the Dutch Security Documents or the German Security Documents to such successor agent.
On this basis, it is understood that three on-site PV plants are to be developed at the SA PGM operations as part of Sibanye-Stillwater’s strategy to address its Energy and Decarbonisation goals.
In the event of a conflict in respect of the terms “Parallel Debt Obligations” and/or “Secured Obligations” between the German Security Documents (as entered into on the Signing Date) and this Agreement, the German Security Documents shall prevail.