New Security. (a) To the extent that:
New Security. (a) To the extent any Senior Secured Notes Creditor Refinancing Liabilities cannot be secured pari passu with the then existing Senior Secured Liabilities under the existing Security Documents (the “Initial Security Documents”) without the Security under such Initial Security Documents first being released, the Parties agree that such Senior Secured Notes Creditor Refinancing Liabilities will (to the extent permitted by applicable law) be secured pursuant to the execution of additional security documents (the “Additional Security Documents”) on a second or lesser ranking basis.
New Security. (i) Within 10 Banking Days after the creation or acquisition of a new Material Subsidiary or the designation of an existing Subsidiary as a new Material Subsidiary pursuant to Section 15.1, the Borrower will cause such Material Subsidiary to execute and deliver to the Agent the applicable Security together with a certificate of a senior officer of such Harvest Party confirming that all authorizations and actions have been taken by such Harvest Party to authorize, execute and deliver such Security.
New Security. 5 NYSE........................................................................ 3
New Security. First ranking and second ranking security documents necessary to give effect to the new security arrangements outlined below and in the Intercreditor Term Sheet; (e)
New Security. Within 10 Banking Days after a Subsidiary is designated as a Restricted Subsidiary pursuant to Section 15.1, the Borrower will cause such Restricted Subsidiary to execute and deliver to the Agent the applicable Security together with a certificate of a senior officer of such Harvest Party confirming that all authorizations and actions have been taken by such Harvest Party to authorize, execute and deliver such Security and that such Harvest Party is at the time of granting of such Security a wholly-owned Subsidiary of the Trust. The Borrower will also deliver or cause to be delivered such other documentation relating thereto, including legal opinions of the Borrower's Counsel, all in form and content acceptable to the Agent, acting reasonably.
New Security. Any new security created (and guarantees and indemnities granted), in respect of any Secured Obligation shall be extended to and shared between the Secured Parties on a pro rata basis and in accordance with the ranking and priority set forth above. Governing law: The Intercreditor Agreement shall be governed by Swedish law. We hereby certify that the above Terms and Conditions are binding upon ourselves. Stockholm, 2024 The Issuer YA HOLDING AB (PUBL) Name: We hereby undertake to act in accordance with the above Terms and Conditions to the extent they refer to us. Stockholm, 2024 The Agent NORDIC TRUSTEE & AGENCY AB (PUBL)
New Security. (i) Within 10 Banking Days after a Subsidiary (other than a JV Partnership) is designated as a Restricted Subsidiary pursuant to Section 15.1, the Borrower will cause such Restricted Subsidiary to execute and deliver to the Agent the applicable Security together with a certificate of a senior officer of such Harvest Party confirming that all authorizations and actions have been taken by such Harvest Party to authorize, execute and deliver such Security and that such Harvest Party is at the time of granting of such Security a wholly-owned Subsidiary of the Borrower.
New Security. 3.1 Evidence that any Transaction Security created in connection with the Facility has been registered and perfected.
New Security. An Authorized Pool Representative may by written order require the Depository to pledge additional or other Permissible Securities at any time it is determined to be advisable or necessary for the protection of the Pool. If for any reason the Total Pool Balance on deposit with the Depository exceeds the market value of pledged security, the Depository shall immediately pledge additional Permissible Securities to the Pool. The Pool may at any time investigate the value of securities pledged by the Depository to secure the Pool funds. Should the Depository fail to pledge the required Permissible Securities within five (5) days after the date the Depository is served with a copy of said order, the Pool's Board of Trustees may select a new depository and terminate this Agreement without any further obligation to the Depository.
