Examples of UK Debenture in a sentence
A default shall occur under the UK Debenture and such default is not cured within any applicable grace period provided therein.
All terms and provisions of the UK Debenture shall remain unchanged and in full force and effect and Marin Ltd hereby reaffirms its obligations under the UK Debenture.
The Borrower shall undertake commercially reasonable efforts to execute and deliver the UK Debenture as promptly as practicable after the Closing Date.
Procure that Viking Gas will, within the period which is 10 days from the Effective Date, notify to the Secretary of State for Trade and Industry of the United Kingdom all information required under paragraph 5 of the Open Permission (Creation of Security Rights Over Licenses) in relation to the creation of a Lien over the Natural Gas Field Licenses as contemplated by the UK Debenture.
All the provisions of Clause 2.14 (above) of the UK Debenture shall apply in respect of the liability of any Receiver or Administrator or delegate in all respects as though every reference in Clause 2.14 (above) to the European Collateral Agent were instead a reference to the Receiver or, as the case may be, Administrator or delegate.