Secured Creditor Documents definition
Examples of Secured Creditor Documents in a sentence
No Secured Party shall have any duty to act or refrain from acting in a manner which allows, or results in, the occurrence or continuance of an event of default or default under any agreements with either the Company or any Subsidiary thereof (including any Secured Creditor Documents), regardless of any knowledge thereof which it may have or be charged with.
This Agreement, the other Secured Creditor Documents and any Designated Hedge Documents represent the final agreement among the parties with respect to the subject matter hereof and thereof, supersede any and all prior agreements and understandings, oral or written, relating to the subject matter hereof and thereof, and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements among the parties.
Each Secured Party will be entitled to manage and supervise its extensions of credit under the Secured Creditor Documents in accordance with law and as it may otherwise, in its sole discretion, deem appropriate, and may manage extensions of credit without regard to any rights or interests that any other Secured Party have in the Collateral or otherwise, except as otherwise provided in this Agreement.
All agreements, statements, representations and warranties made by each Grantor herein or in any certificate or other instrument delivered by such Grantor or on its behalf under this Agreement shall be considered to have been relied upon by the Secured Creditors and shall survive the execution and delivery of this Agreement, the other Secured Creditor Documents and any Designated Hedge Document regardless of any investigation made by the Secured Creditors on their behalf.
During the term of this Pledge Agreement, and except as provided in this Section 8 below, each Pledgor shall have (i) the right to vote the Pledged Stock, Pledged Membership Interests or Pledged Partnership Interests on all governing questions in a manner not inconsistent with the terms of this Pledge Agreement or any Secured Creditor Documents and (ii) the right to be a member or a partner of all the Pledged Subsidiaries which are limited liability companies or partnerships, respectively.
In the event of any conflict between any provision of this Agreement and any other provision of the Secured Creditor Documents, the Collateral Documents or any Guaranties, such provision contained in this Agreement shall govern.
This Pledge Agreement and the other Secured Creditor Documents embody the final and entire agreement and understanding among the Pledgors, the Collateral Agent and the Secured Parties and supersede all prior agreements and understandings among the Pledgors, the Collateral Agent and the Secured Parties relating to the subject matter thereof.
This Pledge Agreement shall remain in full force and effect until the Secured Obligations (including, without limitation, the Secured Obligations as defined in the Intercreditor Agreement) (other than contingent indemnity obligations) shall have been indefeasibly and fully paid in cash and any commitments to extend credit under the Secured Creditor Documents shall have terminated.
Neither this Agreement nor any of the Collateral Documents or Secured Creditor Documents creates a joint venture among the parties.
This Agreement, the other Collateral Documents and the respective Secured Creditor Documents contain the entire agreement and understanding among the parties hereto with respect to the subject matter hereof and thereof and supercede all prior agreements and understandings relating thereto.