UK Debenture definition

UK Debenture has the meaning assigned to that term Section 5.1(b).

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UK Debenture means (a) the English law all assets security agreement, dated May 14, 2021, by Square Box in favor of Agent, and (b) any other English law all assets security agreement, in form and substance reasonably satisfactory to Agent, made by a UK Loan Party in favor of Agent.

UK Debenture means a fixed and floating charge over substantially all of the applicable grantors’ assets from time to time in form and substance acceptable to the Administrative Agent.

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.

• Under the laws of each Obligor’s jurisdiction of incorporation, it is not necessary that any Loan Document (save in relation to the requirements referred to in Schedule 10.1.13 relating to the U.K. Debenture and the U.K. Bond and Floating Charge) be filed, recorded or enrolled with any court or other authority in that jurisdiction or that any stamp, registration or similar tax be paid on or in relation to the Loan Documents or the transactions contemplated by the Loan Documents.

• Without limiting the foregoing, except as otherwise provided in Section 4.1, the grant of a security interest by Borrower in Section 4.1 and the charges granted under the ISR Debentures and the UK Debenture shall survive until the termination of this Agreement, the ISR Debentures and the UK Debenture and all Bank Services Agreements.

More Definitions of UK Debenture

UK Debenture shall have the meaning provided in the definition of Security Agreement.

UK Debenture means, an English law all assets security agreement, in form and substance reasonably satisfactory to Agent, made by a UK Loan Party in favor of Agent.

UK Debenture means the debenture, governed by English law, dated as of the Issue Date, between Rockley Photonics Limited and the Collateral Agent, as the same is amended, restated, supplemented or otherwise modified from time.

UK Debenture means the English law governed debenture dated the Closing Date between Alliance One International Holdings, Ltd. and Pyxus Agriculture Holdings Limited, as chargors, and the Senior Collateral Agent, as collateral agent.

UK Debenture means any debenture executed and delivered to the Administrative Agent substantially in the form of Exhibit A-2.

UK Debenture means any debenture (or similar agreement) entered into by a UK Loan Party in favor of the Administrative Agent for the benefit of the Secured Parties, both on the Closing Date and thereafter, in each case in form and substance reasonably satisfactory to the Administrative Agent.

UK Debenture has the meaning specified in the Conditions Precedent to Initial Credit Extension.