Parallel Debt Agreement definition

Parallel Debt Agreement means the parallel debt agreement entered into by the CBC, the Security Trustee and the Secured Parties (other than the Covered Bondholders) on the Programme Date.
Parallel Debt Agreement means the agreement entered into between, amongst others, ECL, the Issuer and the Security Agent under which the Issuer has (among others) undertaken to pay the parallel debt to the Security Agent.
Parallel Debt Agreement means that certain Parallel Debt Agreement dated as of the Closing Date between the Collateral Agent (and, pursuant to the powers of attorney granted by the Lenders pursuant to Section 11.20 hereof, each of the Lenders) and FMCAG (and, pursuant to the power of attorney granted to FMCAG by the other Credit Parties pursuant to Section 11.20 hereof, each other Credit Party), or any substantially similar agreement that creates an obligation of the Credit Parties (as debt acknowledgement or abstraktes Schuldanerkenntnis) in favor of the Collateral Agent under this Credit Agreement under the Law of Germany, in each case as amended or modified from time to time.

Examples of Parallel Debt Agreement in a sentence

  • Subject to the provisions in the Facility Agreement and the Parallel Debt Agreement, the Pledgee may assign or transfer all or any of its rights, benefits and obligations under this Agreement.


More Definitions of Parallel Debt Agreement

Parallel Debt Agreement means the agreement entered into between, amongst others, RPIH, the Issuer and the Security Agent under which the Issuer has (among others) undertaken to pay the parallel debt to the Security Agent.
Parallel Debt Agreement means the second amended parallel debt agreement originally dated 19 September 2016 entered into between PRA Group Europe Holding S.à r.l. and DNB Bank ASA.
Parallel Debt Agreement means the Parallel Debt Agreement dated the Original Effective Date, among Credit Suisse AG, collateral agent for the French Lenders and collateral agent for the U.S. Lenders (each as defined therein), CGGVeritas Holding B.V. and CGGVeritas Marine B.V.
Parallel Debt Agreement means the parallel debt agreement entered into between PRA Group Europe Holding S.à x.x. as debtor and DNB Bank ASA as security agent (as amended on or about the date of the Sixth Amendment and Restatement Agreement and as further amended and/or amended and restated from time to time).
Parallel Debt Agreement means the second amended parallel debt agreement originally dated 19 September 2016 entered into between PRA Group Europe Holding S.à x.x. and DNB Bank ASA.
Parallel Debt Agreement means the Parallel Debt Agreement dated as of December 8, 2009, among Holdings, Intermediate Holdings, the U.S. Borrower, the Subsidiary Loan Parties and the Collateral Agent, as amended, supplemented or otherwise modified from time to time.
Parallel Debt Agreement has the meaning given to that term in the Facility Agreement.