Revolving Secured Parties definition

Revolving Secured Parties shall have the meaning given to the termSecured Parties” in the Revolving Credit Agreement.
Revolving Secured Parties means the Revolving Lenders, Swingline Lenders and Issuing Banks.

Examples of Revolving Secured Parties in a sentence

  • The Revolving Credit Agent represents and warrants to the Note Collateral Agent that it has the requisite power and authority under the Revolving Loan Documents to enter into, execute, deliver, and carry out the terms of this Intercreditor Agreement, and that this Agreement shall be binding obligations of the Revolving Credit Agent and the Revolving Secured Parties, enforceable against the Revolving Credit Agent and the Revolving Secured Parties in accordance with its terms.

  • The Note Collateral Agent, on behalf of the Secured HY Note Holders, agrees that no payment to the Revolving Credit Agent or any Revolving Secured Parties pursuant to the provisions of this Agreement shall entitle the Note Collateral Agent or any Secured HY Note Holder to exercise any rights of subrogation in respect thereof prior to the Discharge of Revolving Debt.

  • This Intercreditor Agreement is solely for the benefit of the Revolving Credit Agent, Revolving Secured Parties, Note Collateral Agent and the Secured HY Note Holders.

  • Notwithstanding anything to the contrary herein contained, none of the Revolving Secured Parties, the Note Collateral Agent or the Secured HY Note Holders waives any claim that it may have against the other on the grounds that and sale, transfer or other disposition by such Person was not commercially reasonable in every respect as required by the Uniform Commercial Code.

  • The Revolving Credit Agent and the Revolving Secured Parties shall have the right (as between the parties hereto) to determine whether such proceeds will be applied to the Revolving Debt or used to rebuild, replace or repair the affected Collateral.


More Definitions of Revolving Secured Parties

Revolving Secured Parties means the “Secured Parties” as defined in the Revolving Credit Agreement.
Revolving Secured Parties has the meaning specified in the preamble hereto.
Revolving Secured Parties means, collectively, the Agent (and each co-agent or sub-agent appointed by the Agent from time to time), the Letter of Credit Issuer, the Lenders, and the Bank Product Providers.
Revolving Secured Parties means, collectively, (i) the Revolving Administrative Agent, (ii) each other agent under the Revolving Credit Agreement, (iii) each Person that is a lender or letter of credit issuer under the Revolving Credit Agreement and (iv) each other Person that is a holder of any Revolving Obligations.
Revolving Secured Parties means the “Secured Parties” as defined in the Revolving Credit Agreement, or the applicable definition designated by Holdings as being its equivalent in any Subsequent Revolving Credit Agreement.
Revolving Secured Parties means the Canadian Secured Parties and the US Revolving Secured Parties.
Revolving Secured Parties means the Revolving Agent, the Revolving Collateral Agent and the other holders of Priority Payment Lien Obligations.