Examples of Secured Notes Secured Parties in a sentence
By accepting the benefits of this Agreement and the other Collateral Documents, each 13% Secured Notes Secured Party hereby appoints the Collateral Agent, to serve as collateral agent of the 13% Secured Notes Secured Parties under each of this Agreement and the other Collateral Documents on the terms set forth herein and in the other Collateral Documents.
Each Lender further understands, acknowledges and agrees that the provisions setting forth the priorities as between the Secured Notes Secured Parties, on the one hand, and the Secured Parties, on the other hand, are set forth in the Secured Notes Intercreditor Agreement.
No sale of participations, assignments, transfers, or other dispositions of any agreement governing the Secured Notes Obligations or any portion thereof or interest therein shall in any manner impair the Lien granted to the Notes Collateral Agent hereunder for the benefit of the Notes Collateral Agent and the Secured Notes Secured Parties.
In connection with the Borrower’s entry into this Agreement, the Administrative Agent is authorized to enter into the Intercreditor Agreement establishing the relative rights of the Secured Parties and the Existing Senior Secured Notes Secured Parties with respect to the Shared Collateral and certain related matters.
The terms and provisions of this Security Agreement shall be binding upon and inure to the benefit of each Grantor, the Notes Collateral Agent and the Secured Notes Secured Parties and their respective successors and permitted assigns (including all Persons who become bound as a debtor to this Security Agreement).