Secured Debt Facility definition
Examples of Secured Debt Facility in a sentence
Seller is not a party to, or bound by, any document or agreement (other than (A) the Senior Secured Debt Facility, (B) any banking agreements with HTCC that may arise in the course of normal business and (C) Seller's agreement on a best efforts basis to increase its participation in the Senior Secured Debt Facility following the Closing) that could materially and adversely affect the Shares, Unsecured Notes or Warrants or Buyer's rights and remedies under this Agreement.
The Additional Authorized Representative in respect of the Additional Secured Debt Facility is [insert name of New Representative].
Upon execution and delivery of the Pari Passu Collateral Agency Joinder, (i) the Obligations hereunder will constitute an Additional Secured Debt Facility (as defined in the Pari Passu Collateral Agency Agreement) and Parity Lien Obligations (as defined in the Pari Passu Indenture) and (ii) Pari Passu Collateral Agent, for the benefit of Secured Parties, will have a legal, valid, enforceable and perfected security interest in the Pari Passu Collateral.
Each Brownsville Assigned Contract to which Seller is a party or by which any of the Brownsville Terminal Assets are bound or encumbered by or subject to (excluding the Secured Debt Facility documents, the Pipeline Service Agreement and the LPG Transportation Agreement) is described on Schedule 4.9. Seller has provided or made available to Buyer true and correct copies of each Brownsville Assigned Contract identified on Schedule 4.9 and each amendment thereto.
The Depositor makes each of the representations and warranties set out in this Clause 7 to the Depositee and acknowledges that the Depositee has entered into this Agreement and that each Finance Party and the Security Agent have entered into the Senior Secured Debt Facility Agreement and the documents provided for therein, in reliance on these representations and warranties.
The address of the Additional Authorized Representative in respect of the Additional Secured Debt Facility for purposes of all notices and other communications hereunder and under the Collateral Trust Agreement is , , Attention of (Facsimile No. , electronic mail address: ).
The address of the Additional Authorized Representative in respect of the Additional Secured Debt Facility for purposes of all notices and other communications hereunder and under the Collateral Agency Agreement and the Intercreditor Agreement is __________, __________, Attention of __________ (Facsimile No. __________, electronic mail address: ____________).
All Liens on the Assets, the Mexican Assets, the Tergas Option, the Tergas Shares, the Shares and the Fee Properties securing any obligations under or with respect to the Secured Debt Facility shall have been released and terminated and copy of the documents evidencing such release and termination shall have been provided to Buyer Parties.
Upon the acknowledgment by the Company of this Joinder, the [describe the document governing such Additional Secured Debt Facility] will be designated as an Other Second Lien Agreement.
Administrative Agent shall have received fully executed copies of the Pari Passu Collateral Agency Joinder, which shall be in full force and effect, and each other document required to be delivered (and that has been delivered) to Pari Passu Collateral Agent pursuant to the Pari Passu Collateral Agency Agreement in order for the Obligations hereunder to be an Additional Secured Debt Facility (as defined in the Pari Passu Collateral Agency Agreement).