Shared Secured Parties definition

Shared Secured Parties means (a) the Non-Shared Secured Parties and (b) the agents, lenders, holders or purchasers under any other Priority Lien Debt.
Shared Secured Parties means (a) the Non-Shared Secured Parties and (b) the agents and lenders under each of the Alpha Facility and the Riverside Facility.
Shared Secured Parties means the Security Agent, any Receiver, Delegate or Tabulation Agent and each of the Primary Creditors from time to time but, in the case of each Primary Creditor, only if it (or, in the case of a Pari Passu Noteholder, its Creditor Representative) is a Party or has acceded to this Agreement in the appropriate capacity pursuant to Clause 18.9 (Creditor/Creditor Representative Accession Undertaking).

Examples of Shared Secured Parties in a sentence

  • The Shared Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Shared Transaction Security or to exercise any right, power, authority or discretion arising under the Shared Security Documents except through the Security Agent.

  • The indemnities provided to Primary Creditors and Shared Secured Parties under Clauses 20.2 (Company indemnity to Primary Creditors) and 20.3 (Operational indemnity) shall be in addition to, and not in derogation of, any indemnity provided to such Primary Creditors and Shared Secured Parties under the terms of the other Debt Documents.


More Definitions of Shared Secured Parties

Shared Secured Parties means the Security Agent, any Receiver or Delegate and each of the Primary Creditors from time to time but, in the case of each Primary Creditor, only if it (or, in the case of a Senior Secured Noteholder or a Subordinated

Related to Shared Secured Parties

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • 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).

  • Notes Secured Parties means the Secured Noteholders, the Notes Collateral Agent and the Notes Trustee.

  • Shared Collateral means, at any time, Collateral in which the holders of two or more Series of First-Lien Obligations hold a valid and perfected security interest at such time. If more than two Series of First-Lien Obligations are outstanding at any time and the holders of less than all Series of First-Lien Obligations hold a valid and perfected security interest in any Collateral at such time, then such Collateral shall constitute Shared Collateral for those Series of First-Lien Obligations that hold a valid security interest in such Collateral at such time and shall not constitute Shared Collateral for any Series which does not have a valid and perfected security interest in such Collateral at such time.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Controlling Secured Parties means, with respect to any Shared Collateral, the Series of First Lien Secured Parties whose Authorized Representative is the Applicable Authorized Representative for such Shared Collateral.

  • Non-Controlling Secured Parties means, with respect to any Shared Collateral, the First Lien Secured Parties which are not Controlling Secured Parties with respect to such Shared Collateral.