Shared Secured Obligations definition

Shared Secured Obligations means (a) the Non-Shared Secured Obligations and (b) all obligations of the Borrower in respect of other Priority Lien Debt.
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Shared Secured Obligations means, collectively, (a) all ACH Obligations and (b) all Obligations.
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Shared Secured Obligations means all the Liabilities and all other present and future liabilities and obligations at any time due, owing or incurred by any member of the NAC Obligor Group and by each Debtor to any Secured Party under the Shared Secured Debt Documents, both actual and contingent and whether incurred solely or jointly and as principal or surety or in any other capacity.
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Examples of Shared Secured Obligations in a sentence

  • The grant of a security interest in, the Collateral by each Grantor under this IP Shared Security Agreement secures the payment of all Shared Secured Obligations, whether direct or indirect, absolute or contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or otherwise.

  • The Court before which the proceedings are pending shall determine the keeper's fees, and the payment of such fees shall constitute a portion of the Shared Secured Obligations secured by the lien hereof.

  • Without limiting the generality of the foregoing, this Shared Security Agreement secures, as to each Grantor, the payment of all amounts that constitute part of the Shared Secured Obligations and would be owed by such Grantor to any Shared Secured Party but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving a Loan Party.

  • The grant of a security interest in, the Shared Collateral by the undersigned under this Shared Security Agreement Supplement and the Shared Security Agreement secures the payment of all Shared Secured Obligations, whether direct or indirect, absolute or contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or otherwise.

  • If the WRC determines that it can do so consistent with Applicable Pretreatment Laws and Regulations and the Drainage District’s NPDES Permit, the WRC shall, to the extent reasonably possible under the circumstances, attempt to limit its action to halt or prevent any such discharge to the known specific source or sources of the discharge.

  • The grant of a security interest in the Supplementary Collateral by the Grantor under this IP Shared Security Agreement Supplement secures the payment of all Shared Secured Obligations, whether direct or indirect, absolute or contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or otherwise.


More Definitions of Shared Secured Obligations

Shared Secured Obligations or "Collateral Trust Agreement Default" set forth in Section 1.01;
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Shared Secured Obligations has the meaning set forth in Section 1.01 of the Credit Agreement.
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Shared Secured Obligations means all the Liabilities and all other present and future liabilities and obligations at any time due, owing or incurred by any member of the Group and by each Debtor to any Shared Secured Party under the Debt Documents, both actual and contingent and whether incurred solely or jointly and as principal or surety or in any other capacity.
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Related to Shared Secured Obligations

  • U.S. Secured Obligations means all Secured Obligations of the US Loan Parties.

  • Related Secured Obligations means, as of any date, the outstanding principal amount of the Related Equipment Notes issued under each Related Indenture, the accrued and unpaid interest (including, to the extent permitted by applicable law, post-petition interest and interest on any overdue amounts) due thereon in accordance with such Related Indenture as of such date, the Related Make-Whole Amount, if any, with respect thereto due thereon in accordance with such Related Indenture as of such date, and any other amounts payable as of such date under the “Operative Documents” (as defined in each Related Indenture).

  • Senior Secured Obligations means, (a) with respect to the Term/Notes Priority Collateral, the Second-Priority Lien Obligations and, (b) with respect to the RBL Priority Collateral, the First-Priority Lien Obligations. The First-Priority Lien Obligations shall, collectively, constitute one “Class” of Senior Secured Obligations and the Second-Priority Lien Obligations shall, collectively, constitute a separate “Class” of Senior Secured Obligations.

  • Issuer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Indenture Trustee for the benefit of the Indenture Trustee and the Noteholders under this Indenture, the Notes or the other Basic Documents.

  • Secured Obligations has the meaning specified in the Security Agreement.