Examples of Secured Counterparties in a sentence
This Bond is issued to the Agent for the benefit of the Secured Counterparties by the Company pursuant to the Company’s obligations under the Collateral Management Agreement.
Mortgagor acknowledges that the right to maintain a consolidated foreclosure action is a specific inducement to the Secured Counterparties to enter into the Facility guaranteed by the Guaranty, and Mortgagor expressly and irrevocably waives any objections to the commencement or consolidation of the foreclosure proceedings in a single action and any objections to the laying of venue or based on the grounds of forum non conveniens which it may now or hereafter have.
Under the Facility, the Company and the Secured Counterparties from time to time will enter into transactions involving the purchase and sale of electrical energy, generating capacity, fuel and other energy related commodities and other Energy Transactions (as such term is defined in the Common Agreement) pursuant to the Secured Counterparty ISDA Agreements (as such term is defined in the Common Agreement).
The acceptance of this Bond shall be deemed to constitute the consent and agreement by the Holder hereof (on behalf of the Secured Counterparties) to all of the terms and provisions of the Mortgage Indenture.
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The Credit Parties shall cooperate with the Secured Counterparties, including in the event of a permitted assignment or transfer of rights or of obligations under this Agreement, by providing information requested by any Secured Counterparty to allow such Secured Counterparty to meet its obligations under the Patriot Act to identify its counterparties under this Agreement.
Upon receipt of any such notice of resignation, the Required Secured Counterparties shall have the right, subject to the consent of the Parent (not to be unreasonably withheld or delayed) so long as no Default or Event of Default has occurred and is continuing, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States.
Each of the Loan Parties, each Credit Agreement Representative, on behalf of itself and the Credit Agreement Secured Parties, the Secured Counterparties, and Sowood agrees that it shall not at any time execute or deliver any amendment or other modification to any of the Credit Agreement Documents, Secured Counterparty Documents, or the Sowood Documents inconsistent with or in violation of this Agreement.
Each Secured Counterparty hereby appoints Wilmington Trust, National Association as Agent hereunder and as a Secured Debt Representative under the Intercreditor Agreement, and each of the Secured Counterparties hereby authorizes Wilmington Trust, National Association to act as Agent in accordance with the terms of this Agreement and such other applicable Facility Documents.
Upon the receipt of any such notice, the Agent will provide a notice to the other Secured Counterparties, in the form of Exhibit M hereto.