Examples of Secured Notes Secured Parties in a sentence
Any and all rights not herein expressly given to the 13% Secured Notes Secured Parties are expressly reserved to the Collateral Agent and the Noteholders.
By acceptance of the benefits under this Agreement and the other Collateral Documents, the 13% Secured Notes Secured Parties will be deemed to have acknowledged and agreed that the provisions of the preceding sentence are intended to induce the Noteholders to permit such persons to be Secured Parties under this Agreement and certain of the other Collateral Documents and are being relied upon by the Noteholders as consideration therefor.
To the extent that the rights and benefits herein or in any other Collateral Document conferred on the 13% Secured Notes Secured Parties shall be held to exceed the rights and benefits required so to be conferred by such provisions, such rights and benefits shall be limited so as to provide such 13% Secured Notes Secured Parties only those rights and benefits that are required by such provisions.
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.