Secured Obligations definition

Secured Obligations has the meaning specified in the Security Agreement.
Secured Obligations shall have the meaning assigned in Section 3.1.
Secured Obligations means, collectively, (a) the Obligations and (b) all existing or future payment and other obligations owing by any Credit Party under (i) any Secured Hedge Agreement (other than an Excluded Swap Obligation) and (ii) any Secured Cash Management Agreement.

Examples of Secured Obligations in a sentence

  • After the termination of this Agreement, decisions concerning the Guarantees (and any such security) shall be made by the holders of Other Secured Obligations as they may determine among themselves.

  • Notwithstanding the termination of this Agreement by reason of payment of the Credit Facilities, or for any other reason (but subject always to the last sentence of Section 3.2(a)(iii)), the Other Secured Obligations shall continue to be guaranteed by the Guarantees (and secured if applicable), except as to former Lenders or their Affiliates as provided in Section 3.2(a)(iii).

  • Notwithstanding the foregoing, Other Secured Obligations owing to a Person who has ceased to be a Lender or its Affiliates shall not include any such Other Secured Obligations incurred on or after the date such Person has ceased to be a Lender for any reason.

  • Without limiting the generality of the foregoing, the Joining Guarantors each hereby guarantees, jointly and severally together with the other Guarantors, the prompt payment of the Secured Obligations in accordance with Article X of the Credit Agreement.

  • Any Financial Indebtedness or other Obligation of any Loan Party to a Guarantor shall be subordinated to such Loan Party’s Secured Obligations in the manner consistent with the subordination provisions set forth in Exhibit D.


More Definitions of Secured Obligations

Secured Obligations means all Obligations and all Additional Secured Obligations.
Secured Obligations means all Obligations, together with all (i) Banking Services Obligations and (ii) Swap Agreement Obligations owing to one or more Lenders or their respective Affiliates; provided, however, that the definition of “Secured Obligations” shall not create any guarantee by any Guarantor of (or grant of security interest by any Guarantor to support, as applicable) any Excluded Swap Obligations of such Guarantor for purposes of determining any obligations of any Guarantor.
Secured Obligations means the “Obligations” (as defined in the Credit Agreement).
Secured Obligations means (a) the Loan Document Obligations, (b) the Secured Cash Management Obligations and (c) the Secured Swap Obligations.
Secured Obligations has the meaning set forth in Section 2 hereof.
Secured Obligations means Borrower’s obligations under this Agreement and any Loan Document, including any obligation to pay any amount now owing or later arising.
Secured Obligations means all present and future obligations and liabilities of the Issuer to the Secured Parties under the Finance Documents.