Indenture Secured Obligations definition
Examples of Indenture Secured Obligations in a sentence
This Agreement is a continuing agreement and shall (i) remain in full force and effect until the Discharge of the Loan Agreement Secured Obligations shall have occurred and the Indenture Secured Obligations shall have been paid in full, (ii) be binding upon the Parties and their successors and assigns, and (iii) inure to the benefit of and be enforceable by the Parties and their respective successors, transferees and assigns.
Pursuant to this Agreement, each Grantor hereby grants to the Collateral Trustee for the benefit of the PP&E Indenture Secured Parties, as security for such Grantor’s PP&E Indenture Secured Obligations, a security interest in all right, title and interest of such Grantor in all Collateral, whether now existing or hereafter acquired (the security interests granted hereby to secure the PP&E Indenture Secured Obligations, the “PP&E Indenture Security Interests”).
The Collateral Agent, Trustee, and Noteholders will be entitled to manage and supervise the Indenture Secured Obligations and their rights under the Indenture Loan Documents as they may, in their sole discretion, deem appropriate, and they may manage without regard to any rights or interests that the Agent has in the Collateral or otherwise except as otherwise expressly set forth in this Agreement.
Notwithstanding the amount of the Loans, the UK Loans and such other Secured Obligations outstanding at any particular time, the Mortgagor acknowledges and agrees that this Mortgage secures the total amount of the Loans, the UK Loans and other Secured Obligations (including the Indenture Secured Obligations) outstanding at any particular time up to the Maximum Secured Amount.
Agent and Lenders, on the one hand, and Noteholders and Trustee, on the other hand, shall have no responsibility or obligation for keeping the other informed of (a) the financial condition of the Parent and its subsidiaries and all endorsers and/or guarantors of the Loan Agreement Secured Obligations or the Indenture Secured Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the Loan Agreement Secured Obligations or the Indenture Secured Obligations.