Note Security. Note Holder acknowledges that the Note is part of a group of Notes offered by the Fund. The Note will be secured against the Assets of the Fund Pari Passu with the other Notes offered by the Fund as part of the Offering, but subject to any Credit Facilities, as described herein.
Appears in 2 contracts
Sources: Intercreditor Security Agreement (DLP Positive Note Fund LLC), Intercreditor Security Agreement (DLP Positive Fixed Returns Fund LLC)