Transaction Security definition

Transaction Security means the Security created or expressed to be created in favour of the Security Agent pursuant to the Transaction 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 (on behalf of the Secured Parties) pursuant to the Transaction Security Documents.

Examples of Transaction Security in a sentence

• Each Borrower shall, and shall procure that each other Transaction Obligor will, promptly inform the Lender if it delivers to the Registrar particulars required under the Overseas Regulations of any UK Establishment and it shall comply with any directions given to it by the Lender regarding the recording of any Transaction Security on the register which it is required to maintain under The Overseas Companies (Execution of Documents and Registration of Charges) Regulations 2009.

• The Borrowers shall, on demand, pay to the Lender the amount of all costs and expenses (including legal fees) incurred by the Lender in connection with the enforcement of, or the preservation of any rights under, any Finance Document or the Transaction Security and with any proceedings instituted by or against the Lender as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, or enforcing those rights.

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 expressed to be created in favour of the Security Trustee pursuant to the Transaction 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 the Security Interests created or evidenced or expressed to be created or evidenced under the Finance Documents.

Transaction Security means any Security granted under the Finance Documents.

Transaction Security means the Security provided to the Secured Parties under the Transaction Security Documents.