UK Secured Parties definition

UK Secured Parties has the meaning assigned to such term in the Security Agreement.
UK Secured Parties means the agents and the lenders under the UK Credit Agreement.
UK Secured Parties means the “Secured Parties” and each “Secured Party” under and as defined in each U.K. Security Agreement.

Examples of UK Secured Parties in a sentence

  • US Secured Parties or UK Secured Parties, as the context requires.

  • Notwithstanding the foregoing, the UK Secured Parties shall have no rights to any distribution of proceeds in excess of the Matured UK Guarantee Claim.

  • The allocations set forth in this Section are solely to determine the rights and priorities among UK Secured Parties, and may be changed by agreement of the affected UK Secured Parties, without the consent of any UK Obligor.

  • UK Secured Parties: Agent, UK Lenders and any other holder of UK Obligations.

  • Each other UK Secured Party confirms that it does not wish to be registered as a joint proprietor of any security interest constituted by a UK Security Agreement and accordingly authorizes: (i) the Administrative Agent to hold such security interest in its sole name (or in the name of any Delegate) as trustee for the UK Secured Parties; and (ii) the Land Registry (or other relevant registry) to register the Administrative Agent (or any Delegate or Appointee) as a sole proprietor of such security interest.


More Definitions of UK Secured Parties

UK Secured Parties has the meaning specified in the UK Security Documents.
UK Secured Parties shall have the meaning assigned to the termSecured Parties” in the U.K. Security Documents.
UK Secured Parties means the “Secured Parties” and each “Secured Party” under and as defined in each U.K. Security Agreement. “U.K. Security Agreements” means the Non-U.S. Security Agreements governed by the laws of England and Wales or (as applicable) the laws of Scotland. “U.K. Security Documents” means the U.K. Security Agreements, each Additional Security Document governed by the laws of England and Wales or (as applicable) the laws of Scotland and any document governed by English law or (as applicable) Scots law pursuant to which any Lien is granted or perfected by any Credit Party to the Administrative Agent as administrative agent and security trustee for the U.K. Secured Parties as security for any of the Obligations.
UK Secured Parties as defined in the First Lien Credit Agreement.
UK Secured Parties has the meaning specified in the definition of “UK Security Agreements”. “UK Security Agreements” means the Non-U.S. Security Agreements governed by the laws of England or (as applicable) the laws of Scotland. “UK Security Documents” means the UK Security Agreements, each Additional Security Document governed by the laws of England or (as applicable) the laws of Scotland and any document governed by English law or (as applicable) Scots law pursuant to which any Lien is granted or perfected by any Credit Party to the Administrative Agent as security for any of the Obligations. “UK Security Property” means: (i) the Liens expressed to be granted under the UK Security Documents in favor of the Administrative Agent as security trustee for the UK Secured Parties and all proceeds of those Liens; (ii) all obligations expressed to be undertaken by a Credit Party to pay amounts in respect of the Obligations to the Administrative Agent as security trustee for the UK Secured Parties and secured by the UK Security Documents together with all representations and warranties expressed to be given by a Credit Party in favor of the Administrative Agent as security trustee for the UK Secured Parties; and (iii) any other amounts or property, whether rights, entitlements, choses in action or otherwise, actual or contingent, which the Administrative Agent is required by the terms of the UK Security Documents to hold as security trustee on trust for the UK Secured Parties. “Unity” has the meaning assigned to such term in Section 3.03(i). “U.S. Borrower” has the meaning provided in the preamble to this Agreement. “U.S. Borrower Guaranteed Obligations” has the meaning provided in Section 10.01. “U.S. Borrower Guarantor” means any U.S. Subsidiary that is or hereafter becomes a party to a U.S. Subsidiary Guaranty, other than any Excluded Subsidiary. “U.S. Collateral” means the “Collateral” (or any equivalent term) as defined in the U.S. Security Agreement or any other applicable U.S. Security Document, together with any other assets (whether Real Property or personal property) pledged pursuant to any U.S. Security Document.
UK Secured Parties means, collectively, the Administrative Agent, the Lenders under the Dutch Subfacility, each Additional Lender under the Dutch Subfacility, each Hedge Bank, each Cash Management Bank, each Affiliate of a Lender under the Dutch Subfacility that provide Bank Products that constitute Obligations, 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) or 9.02.
UK Secured Parties means (a) U.K. Lender, (b) U.K. Agent, (c) U.K. Collateral Agent, (d) each counterparty to any Derivative Obligation with a U.K. Borrower that either (i) is in effect on the Restatement Date if such counterparty is U.K. Lender, a U.K. Participant or any of their respective Affiliates as of the Restatement Date or (ii) is entered into after the Restatement Date if such counterparty is U.K. Borrower, a U.K. Participant or any of their respective Affiliates at the time such Derivative Obligation is entered into, (f) the beneficiaries of each indemnification obligation undertaken by a U.K. Borrower or any of its Restricted Subsidiaries that is a U.K. Subsidiary under any Loan Document and (g) the successors and assigns of each of the foregoing.