Lender Security Documents definition

Lender Security Documents means “Security Documents” as defined in the Loan Agreement (including as amended, supplemented, amended and restated, and/or otherwise modified by the Definitive Documentation).“Permitted Liens” has the meaning given it in the DIP Credit Agreement [ECF No. 1017].“POR” means a chapter 11 plan of reorganization filed or supported by the Debtors (including the Receivables Seller and the Debtor Guarantors).“POR Effective Date” means the effective date of the POR.“Purchaser Security Documents” means the Colombian Back-Up Security Agreement and the Costa Rican Back-Up Security Agreement (including as amended, supplemented, amended and restated, and/or otherwise modified by the Definitive Documentation).“Settlement Effective Date” shall have the meaning given it in the Settlement Agreement.“Specified Default” has the meaning given it in Section 11 of the Settlement Agreement.“USAV Parties” means, collectively, the Lender Parties and USAV. Net Obligations As of the Settlement Effective Date, the aggregate outstanding principal amount of the Loans shall be equal to US$66,962,332.85 (the “Net Obligations”).The Net Obligations are calculated as follows: $100,000,000 aggregate principal amount of the Loans as of the Petition Date minus $30,751,434.251 applied to principal from the Petition Date through October 13, 2020, with further reductions of (x) $1,820,083.20 (the amount that was previously paid to White & Case post-petition in connection with or related to the ongoing or concluded lawsuits, contested matters, appeals, and mediation with the Debtors, including the USAV Litigation (the “Litigation Matters”)), to reflect that the Lenders shall be responsible for the amounts swept by Citibank post-petition that were applied to pay White & Case for the Litigation Matters and (y) $466,149.70, which amount should have been paid to the Lenders as principal but remains in the Administrative Agent’s Account (and the Debtors agree that such amount shall be released to the Lenders from the Administrative Agent’s Account as repayment of principal on the Settlement Effective Date).2 Use of Post-Petition Sales and Release of Other Retained Funds Other than as applied by Citibank to the obligations to arrive at the Net Obligations amount cited above, the post-petition sales that have accumulated in the accounts through to the Settlement Effective Date (collectively, the “Post-Petition Sales”) shall be applied on the Settlement
Sample 1Sample 2
Lender Security Documents means each and all of the mortgages, revolving credit and security agreements, pledges, assignments, security agreements and other documents and instruments at any time securing any of the Lender Indebtedness.
Sample 1Sample 2
Lender Security Documents means the Lender Security Agreement, the Lender Security Agreement Amendments, the Second Amended and Restated Lender Surat Kuasa, the Second Amended and Restated Fiduciary Transfer and the Second Amended and Restated Lender Fiduciary Assignment.
Sample 1

Examples of Lender Security Documents in a sentence

  • The Lender Parties hold or benefit from claims against USAV in the amount of the Net Obligations secured by first priority liens on the Collateral evidenced by the Lender Security Documents (including as amended, supplemented, amended and restated, and/or otherwise modified by the Definitive Documentation).

  • The Lender Security Documents provide the Collateral Agent or the Collateral Trustee (as applicable, and in each case for the benefit of the Lenders and the other Secured Parties) with effective, valid, legally binding, enforceable, non-avoidable, and properly perfected first priority Liens on all of the Collateral, and were granted to, or for the benefit of, the Secured Parties for fair consideration and reasonably equivalent value.

  • SECURITYIn order to secure the due payment by the Borrower of the dues to the Lender under this Agreement, the Borrower has pledged and/or shall pledge in favour of the Lender the Securities as are acceptable to the Lender, Security Documents to be executed in this behalf by the Borrower and/or the Security Provider.

  • The Lender Security Documents provide the Collateral Agent or the Collateral Trustee (as applicable, and in each case for the benefit of the Lenders and the other Secured Parties) with effective, valid, legally binding, enforceable, non-avoidable, and properly Execution Version perfected first priority Liens on all of the Collateral, and were granted to, or for the benefit of, the Secured Parties for fair consideration and reasonably equivalent value.

  • True and correct copies of the Lender Security Documents are annexed to the Second Weedman Decl.15.

  • On the Closing Date, Borrower and its Subsidiaries shall deliver to Administrative Agent for the ratable benefit of each Lender, Security Documents covering the foregoing, each in form and substance acceptable to Administrative Agent.

  • As soon as practicable after the date hereof, (i) the SGLP Parties will file the appropriate documents to evidence the release of the SemGroup Lenders’ Liens on the SemGroup Transferred Assets and (ii) the SGLP Parties will file the SGLP Lender Security Documents.


More Definitions of Lender Security Documents

Lender Security Documents means the Lender Security Agreement, the Lender Surat Kuasa, the Fiduciary Transfer and the Lender Fiduciary Assignment, in each case as amended by the relevant Lender Security Document Amendment.
Sample 1
Lender Security Documents means all fixed and floating charges and other security documents which are from time to time entered into by any Obligor in favour of the Security Trustee creating or expressed to create security for any or all of the Lender Debt;
Sample 1

Related to Lender Security Documents

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.