Senior Note Security Agreement definition
Examples of Senior Note Security Agreement in a sentence
The Seller shall have executed that certain Security Agreement providing Seller a first lien security interest in the Acquired Assets to secure the Senior Note ("Security Agreement"), in substantially the form attached hereto as Exhibit F.
In particular, but without limiting the generality of the foregoing, the Pledgee shall not be charged with knowledge of the terms of the Indentures, the Notes, the Senior Note Security Agreement or any other Collateral Documents, nor shall the Pledgee have any responsibility for monitoring or ensuring the Pledgor's compliance with such terms, whether required or contemplated under this Agreement or otherwise.
So long as no Event of Default (as defined in the Indenture) shall have occurred and be continuing, and subject to the other terms and conditions hereof, of the Senior Note Security Agreement and of the Indentures, the Company shall be entitled to receive, and to utilize free and clear of the pledge created by this Agreement, all dividends and distributions paid from time to time in respect of the Pledged Stock other than dividends and distributions in the form of additional shares of Stock to BCL.
Except as permitted by the Indentures, the Pledgor shall not (and shall not enter into any agreement to) sell, lease, exchange, assign or otherwise dispose of, grant any option with respect to, or create, incur, assume or suffer to exist any encumbrance (except the encumbrance created by this Agreement and the Senior Note Security Agreement and the other Collateral Documents) on any portion of the Collateral.
The Pledgee will continue to hold such certificates unless and until requested by the Collateral Agent to deliver the same, subject always to the requirements of Applicable Legislation, to the Collection Agent or its designee to be also held pursuant to the Senior Note Security Agreement.
Subject to the final sentence of Section 9 hereof, this Agreement, the Senior Note Security Agreement, the Indentures, the Notes, the agreement relating to the appointment of the Pledgee as collateral agent for the Trustees and the other Collateral Documents contain the complete agreement of the parties with respect to the matters covered hereby and supersede any previous written or oral agreements between the parties.