Secured Creditors Sample Clauses

Secured Creditors. (a) The Surviving Company has granted no fixed or floating security interests that are outstanding as at the date of this Plan of Merger.
Secured Creditors. 14. (a) Merger Sub has no secured creditors and has granted no fixed or floating security interests that are outstanding as at the date of this Plan of Merger; and
Secured Creditors. (1) The Bond Trustee, as regards the exercise and performance of all powers, rights, trusts, authorities, duties and discretions of the Bond Trustee in respect of the Collateral, under or pursuant to this Agreement or any other Transaction Document to which the Bond Trustee is a party or the rights or benefits in respect of which are comprised in the Collateral (except where specifically provided otherwise), has regard only to the interests of the Holders of the Covered Bonds while any of the Covered Bonds remain outstanding and shall, subject to applicable law, not be required to have regard to the interests of any other Secured Creditor or any other person or to act upon or comply with any direction or request of any other Secured Creditor or any other person whilst any amount remains owing to any Holders of the Covered Bonds.
Secured Creditors. Except as detailed in Schedule 4.8, the Seller and its Affiliates shall have no other indebtedness which creates a secured interest in any of the Assets. Upon Closing, the Seller shall make all payments to the Secured Creditors in order to satisfy in full the balance due the Secured Creditors. In exchange for such payment, the Secured Creditors shall release all securities, claims and rights against the Assets, as well as all UCC filings indicating such claims.
Secured Creditors. 14. (a) The names and addresses of the creditor(s) and the nature of secured interest held of Merger Sub are as follows: NAME ADDRESS Nature of Secured Interest [•] [•] Fixed and floating charge over the [Debt Service Reserve Account] pursuant to (and as defined in) an account charge dated [date] between Merger Sub as chargor and [name of Security Agent] as security agent on behalf of certain lenders (the “Security Agreement”) Merger Sub has obtained the consent to the Merger of each secured creditor which is a beneficiary of the security interests created under the Security Agreement, pursuant to section 233(8) of the Companies Act. Save for the above, Merger Sub has no secured creditors and has not granted any other fixed or floating security interests as at the date of this Plan of Merger; and
Secured Creditors. (a) The Company has no secured creditors and has granted no fixed or floating security interests that are outstanding as at the date of this Plan of Merger, or which will be outstanding at the Effective Time.
Secured Creditors. 10.1 Merger Sub has no secured creditors and has not granted any other fixed or floating security interests as at the date of this Plan of Merger.
Secured Creditors. (a) Parent has neither created nor granted any fixed or floating security interest over any of its assets that remains outstanding as of the date of this Plan of Merger.
Secured Creditors. 13. (a) [Merger Sub has entered into a [•] dated [•] in favor of [•] pursuant to which a fixed and/or floating security interest has been created and the consent of [•] to the Merger has been obtained.] Merger Sub has no [other] secured creditors and has not granted any other fixed or floating security interests as at the date of this Plan of Merger; and
Secured Creditors. ETL represents and warrants that the only outstanding security interests relating to the Collateral are in favor of Capstone Capital Group I, LLC or its affiliates and ETL shall not create or incur any other indebtedness or obligation for borrowed money except for indebtedness with respect to trade obligations and other normal accruals in the ordinary course of business not yet due and payable, and shall not grant any other security interests in the Collateral until payment and performance in full of the obligations hereunder.