Trust Secured Parties definition

Trust Secured Parties means each of the Trustees in respect of the Trustee Trust Secured Obligations and the Security Insurer in respect of the Insurer Trust Secured Obligations.
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Trust Secured Parties means the Trust Secured Parties under the Indenture.
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Examples of Trust Secured Parties in a sentence

  • The Initial Members each acknowledge that his, her or its expertise in the business of the Company is of a special, unique, unusual, extraordinary and intellectual character, which gives such expertise a peculiar value, and that a breach by it of the covenants contained in this Article 12 cannot be reasonably or adequately compensated in damages in an Action at law and that such breach will cause Purchaser and the Company irreparable injury and damage.

  • As an additional inducement to the Insurer to issue the Note Policy, and as security for the performance by the Trust of the Insurer Trust Secured Obligations and as security for the performance by the Trust of the Trustee Trust Secured Obligations, the Trust has agreed to assign the Collateral (as defined below) to the Trust Collateral Agent for the benefit of the Trust Secured Parties, as their respective interests may appear.

  • The Trust intends the security interest Granted pursuant to this Indenture in favor of the Trust Secured Parties to be prior to all other liens in respect of the Trust Property, and the Trust shall take all actions necessary to obtain and maintain, in favor of the Trust Collateral Agent, for the benefit of the Trust Secured Parties, a first lien on and a first priority, perfected security interest in the Trust Property.

  • Any determination of an adverse effect on the interest of the Trust Secured Parties or the Noteholders shall be made without consideration of the availability of funds under the Note Policy.

  • The parties hereto further agree that the holding by any court of competent jurisdiction that any remedy pursued by the Collateral Agent, or any of the Trust Secured Parties, hereunder is unavailable or unenforceable shall not affect in any way the ability of the Collateral Agent or any of the Trust Secured Parties to pursue any other remedy available to it or them (subject, however, to the provisions of this Agreement limiting such remedies).

  • The Collateral Agent’s books and records shall at all times show that the Spread Account Agreement Collateral is held by the Collateral Agent as agent of the Trust Secured Parties and is not the property of the Collateral Agent.

  • The Collateral Agent shall keep all Spread Account Agreement Collateral and related documentation in its possession separate and apart from all other property that it is holding in its possession and from its own general assets and shall maintain accurate records pertaining to the Eligible Investments and Spread Account included in the Spread Account Agreement Collateral in such a manner as shall enable the Collateral Agent and the Trust Secured Parties to verify the accuracy of such record-keeping.

  • As an additional inducement to the Note Insurer to issue the Note Policy, and as security for the performance by the Trust of the Note Insurer Issuer Secured Obligations and as security for the performance by the Trust of the Indenture Trustee Issuer Secured Obligations, the Trust has agreed to grant and assign the Collateral (as defined below) to the Indenture Trustee for the benefit of the Trust Secured Parties, as their respective interests may appear.

  • CBR tests on the specimens exposed to different patterns of freeze-thaw history under three different water contents were conducted by using the newly developed freeze-thawing CBR test apparatus.

  • Some aspects that we examine include—the method compatibility with legacy applications and file systems;—the ease of key or password revocation;—how easily one may change the method’s configuration to fulfill a security policy (e.g., encryption algorithm and key size); and—whether one can control the granularity (e.g., file and disk partition) of confidential storage and deletion operations.

Related to Trust Secured Parties

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • 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).

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Note Agent means any Registrar, Paying Agent or Conversion Agent.

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Senior Creditors means the Senior Agent, the Senior Lenders and any other Person who holds Senior Indebtedness.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations, each Priority Lien Representative and the Collateral Trustee.

  • Credit Agreement Secured Parties means the “Secured Parties” as defined in the Credit Agreement.

  • 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.

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

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Prepetition Secured Parties means the lender parties under the Prepetition Credit Facilities and the beneficial holders of the Prepetition Secured Notes.

  • Trust Collateral Agent means such successor Person.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • 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.

  • Collateral Agent as defined in the preamble hereto.

  • Note A-4 Trustee means the trustee under the Note A-4 PSA.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.