Project Secured Parties definition

Project Secured Parties means the Bank Agent, the Indenture Trustee, the Bank Lenders, the Second Mortgage Note Holders, the counterparties to any Interest Rate Agreements entered into by the Company under the Bank Credit Agreement (to the extent that the Credit Agreement permits such Interest Rate Agreements to be secured) and the Disbursement Agent acting on behalf of any one or more of the foregoing (but not on behalf of the FF&E Agent or the FF&E Lenders).
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Project Secured Parties means the Secured Parties.
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Examples of Project Secured Parties in a sentence

  • All such action as is necessary has been taken to establish and perfect the Secured Parties' rights in and to the Project Security, including any recording, filing, registration, giving of notice or other similar action (other than perfection of the Project Secured Parties' lien in any motor vehicles, which shall be accomplished within fifteen (15) days aft the Closing Date).

  • This Agreement shall inure to the benefit of the successors or assigns of the Project Debt Agents and the other Project Secured Parties.

  • No Bridge Loan Secured Party shall, in an Insolvency Proceeding or otherwise, oppose any sale or disposition of any assets of the Project Company or Intermediate Holdco that is supported by the Project Secured Parties, and each Bridge Loan Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code (and otherwise) to any sale supported by the Project Secured Parties.

  • Nothing in this Agreement shall affect any right that the Project Debt Agents or other Project Secured Parties may otherwise have to bring any action or proceeding relating to this Agreement against any of Project Company, Bridge Loan Secured Parties, or Holdings or such Person’s properties in the courts of any jurisdiction.

  • Nothing contained herein shall prohibit or in any way limit any Project Secured Parties from objecting in any Insolvency Proceeding or otherwise to any action taken by any Bridge Loan Secured Party, including, without limitation, the seeking by any Bridge Loan Secured Party of adequate protection or the asserting by any Bridge Loan Secured Party of any of its rights and remedies under the Bridge Loan Documents or otherwise.

  • Each Bridge Loan Secured Party expressly waives all notice of the acceptance of and reliance on this Agreement by the Project Secured Parties.

  • This is a continuing agreement and the Project Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, the Project Company on the faith hereof.

  • The Project Debt Agents (on behalf of the Project Secured Parties) may enforce this agreement through specific performance.