Examples of Secured Party Representatives in a sentence
If the Debtor shall fail to insure the Equipment to the Secured Party Representative's satisfaction, or if the Debtor shall fail so to endorse and deposit all policies or certificates with respect thereto, the Secured Party Representative shall have the right (but shall be under no obligation) to procure such insurance and the Debtor agrees to reimburse the Secured Party Representative for all costs and expenses of procuring such insurance, together with interest at a rate per annum equal to 15%.
The Secured Party Representatives may deem and treat the payee of any Note as the Holder thereof for all purposes unless such Note shall have been transferred in accordance with Section 5.02 of the Note Purchase Agreement or Section 3.02 of the Credit Agreement, as the case may be, and all actions required by such Section in connection with such transfer shall have been taken.
The Secured Party Representatives may deem and treat the payee of any Note as the owner thereof for all purposes unless such Note shall have been transferred in accordance with Section 10.04 and all actions required by such Section in connection with such transfer shall have been taken.
Interested parties may participate in the conference call by dialing 877-407-8031 (U.S. or Canada) or 201-689-8031 (international), which will also be simultaneously broadcast live over the Internet at www.sifycorp.com or www.vcall.com.
The Collateral Agent may resign as Collateral Agent at any time upon written notice to the Secured Party Representatives and Grantor, and may be removed at any time with or without cause by the Required Secured Parties, with any such resignation or removal to become effective only upon the appointment of a successor Collateral Agent under this Section.
PESRM agrees and acknowledges that notwithstanding the rights granted to the Secured Party Representatives hereunder, PESRM will continue to be liable to Owner for all obligations under the Infrastructure Agreement.
In the event that the Collateral Agent receives such a notice of the occurrence of any Event of Default, the Collateral Agent shall give notice thereof to the Secured Party Representatives.
PESRM hereby agrees (and acknowledges to Owner) that it shall not agree to any material amendment of the Infrastructure Agreement without prior written notice to, and the prior written consent of, each of the Secured Party Representatives.
The Collateral Agent shall promptly distribute to the Secured Party Representatives copies of all notices, documents and certificates received by it from Grantor under this Deed of Trust unless this Deed of Trust provides that Grantor shall distribute such notice, document or certificate directly to the Secured Party Representatives.
The Collateral Trustee shall give written notice to each Secured Party Representative and Citizens of amounts deposited in the Suspense Account, and Citizens shall cooperate with the Collateral Trustee and the Secured Party Representatives in determining the appropriate application of such amounts.