Secured Parties definition

Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

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Secured Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuer, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents.

Secured Parties has the meaning assigned to such term in the Security Agreement.

Examples of Secured Parties in a sentence

• The Collateral Documents create, as security for the Obligations, valid and enforceable, exclusive, first priority security interests (subject only to Permitted Liens) in and Liens on all of the Collateral in which any Borrower Party has any right, title or interest, in favor of Administrative Agent for the benefit of the Secured Parties, subject to no other Liens, except as enforceability may be limited by Debtor Relief Laws and equitable principles.

• In the event that the Administrative Agent or Secured Parties elect to commence the exercise of remedies pursuant to the Loan Documents as a result of the occurrence of any Event of Default, the Loan Parties agree to cooperate in good faith with the Administrative Agent and/or Secured Parties to enable the Administrative Agent and/or Secured Parties to issue Capital Calls, and enforce the payment thereof by the Investors, and otherwise exercise the remedies granted pursuant to the Loan Documents.

• Each Borrower Party will perform all such acts and execute all such documents as Administrative Agent may reasonably request in order to enable the Secured Parties to report, file, and record every instrument that Administrative Agent may deem necessary in order to perfect and maintain Secured Parties’ Liens and security interests in the Collateral and otherwise to preserve and protect the rights of the Secured Parties.

• In connection with each Request for Credit Extension, each Borrower Party shall be deemed to have represented and warranted to Secured Parties on the date of such Borrowing that, as of the date of the requested Borrowing, the proceeds of such Borrowing will not be used by such Borrower Party to, directly or indirectly, either (x) purchase any asset or securities from any Regulation W Affiliate or (y) invest in any fund sponsored by Lender or Affiliate thereof.

• Administrative Agent (on behalf of Secured Parties) may exercise remedies against each Borrower and its property separately, whether or not Administrative Agent exercises remedies against any other Borrower or its property.

More Definitions of Secured Parties

Secured Parties means (a) the Administrative Agent, (b) the Lenders, (c) the Issuing Bank, (d) each provider of Banking Services, to the extent the Banking Services Obligations in respect thereof constitute Secured Obligations, (e) each counterparty to any Swap Agreement, to the extent the obligations thereunder constitute Secured Obligations, (f) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document, and (g) the successors and assigns of each of the foregoing.

Secured Parties means, collectively, the Agents, any Interest Hedge Counterparty, the Collateral Administrator, the Custodian, the Document Custodian, the Securities Intermediary and the Lenders.

Secured Parties means (a) the Lenders, (b) the Administrative Agent, (c) the Collateral Agent, (d) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (e) the successors and assigns of each of the foregoing.

Secured Parties as defined in the Guarantee and Collateral Agreement.

Secured Parties means the Administrative Agent and the Lenders.

Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, each Lender, each Issuing Bank, each Hedge Bank that is party to any Secured Hedge Agreement, each Cash Management Bank that is party to any Secured Cash Management Agreement and each sub-agent appointed pursuant to Section 8.02 by the Administrative Agent with respect to matters relating to the Loan Documents or by the Collateral Agent with respect to matters relating to any Security Document.

Secured Parties has the meaning assigned to that term in the Pledge and Security Agreement.