Shared Security Agreement definition
Examples of Shared Security Agreement in a sentence
Pursuant to Section 9.01(b) of the Collateral Trust Agreement, each Representative (as defined in the Collateral Trust Agreement) hereby certifies to the Required Representative (as defined in the Collateral Trust Agreement) that this Security Agreement complies with the amendment provisions of the Existing Shared Security Agreement and the Existing Non-Shared Security Agreement.
Each Grantor hereby certifies that it has (1) confirmed and ratified all Security Agreement Supplements, Security Control Agreements, Account Control Agreements, Intellectual Property Security Agreements heretofore delivered pursuant to the Existing Shared Security Agreement or the Existing Non-Shared Security Agreement and (2) continued hereunder all Liens previously granted and thereunder.
EACH GRANTOR HEREBY WAIVES ANY DEFENSES IT MIGHT ASSERT AGAINST Dynegy Second Lien Shared Security Agreement EACH INDEMNIFIED PARTY BASED ON THE HOLDING OF THE TEXAS SUPREME COURT IN ETHYL CORP.
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.
If at any time after the terminations of the Facility Security Agreement, the Shared Security Agreement and the Shared Collateral Trust Agreement (i) the Senior Debt Rating by S&P is less than A- or (ii) the Senior Debt Rating by ▇▇▇▇▇’▇ is less than A3, the Borrower shall, promptly, and in any event within thirty (30) days, following notice from the Administrative Agent, cause the Facility Collateral Requirement and the Shared Collateral Requirement to be satisfied.