Examples of Secured Lenders in a sentence
The City shall from time to time, upon request made by Developer, meet with Developer and representatives of each of its Secured Lenders to negotiate in good faith any Secured Lender’s request for interpretation of any part of this Agreement.
Notwithstanding Section 20.1, the Generator, from time to time on or after the date of this Agreement shall have the right, at its cost, to enter into a Secured Lender's Security Agreement.
For greater certainty, in the case of a deed of trust or similar instrument securing bonds or debentures where the trustee holds security on behalf of, or for the benefit of, other Lenders, only the trustee shall be entitled to exercise the rights and remedies under the Secured Lender's Security Agreement as the Secured Lender on behalf of the Lenders.
A Secured Lender will have no rights under this Agreement unless and until it enters into the such an agreement with the AESO and the Generator for the purpose of implementing the Secured Lender's Security Agreement protection provisions contained in this Agreement.
Notwithstanding the foregoing, amounts secured by the Project Financing Lien(s) may be for amounts up to eighty percent (80%) of the total cost of the Project (as reasonably documented to Buyer) if the entire eighty percent (80%) is granted to the Senior Secured Lenders and eighty percent (80%) of the total cost of the Project is being financed by such Senior Secured Lenders.