Transaction Security definition

Transaction Security means the Security created or evidenced or expressed to be created or evidenced under the Security Documents.
Transaction Security means the Security provided for the Secured Obligations pursuant to the Security Documents.
Transaction Security means the Security created or expressed to be created in favour of the Security Agent pursuant to the Transaction Security Documents.

Examples of Transaction Security in a sentence

  • However, the Agent is not responsible for the execution or enforceability of the Finance Documents or the perfection of the Transaction Security.

  • The Issuer shall not provide, prolong or renew any security over any of its assets (present or future) to secure any loan or other indebtedness other than Transaction Security.


More Definitions of Transaction Security

Transaction Security means the Security provided for the Secured Obligations pursuant to the Security Documents, initially being:
Transaction Security means the Security created or evidenced or expressed to be created or evidenced under or pursuant to the Security Documents.
Transaction Security means the Security provided to the Secured Parties under the Security Documents.
Transaction Security as defined in the Intercreditor Agreement from time to time.
Transaction Security means the security created or purported to be created under the Security Documents.
Transaction Security means, in relation to the Facility, the Security created or expressed to be created in favour of the Security Agent in respect of the Facility pursuant to the Transaction Security Documents for the Facility;
Transaction Security means any Security granted under the Finance Documents.