Secured Financing Sample Clauses

Secured Financing. Upon the execution of this Agreement, the ----------------- Partnership, as a co-borrower, will enter into a certain first deed of trust loan in the aggregate principal amount of $320 million with New York Life Insurance Company, The Equitable Life Assurance Society of the United States and Teachers Assurance and Annuity Association of America. As among the co- borrowers, the Partnership will be the primary obligor on $160 million.
Sample 1Sample 2
AutoNDA by SimpleDocs
Secured Financing. (a) The Borrower shall ensure that it is a term of any Secured Financing that at any time after a declaration by the Agent under Clause 21.2(a) all moneys owing under that Secured Financing (whether actually or contingently) will be immediately due and payable upon written request by the Agent (acting on the instructions of the Majority Lenders) to the Beneficiary.
Sample 1
Secured Financing. Lessee grants to Lessor a security interest in the Facility and all Items thereof, and represents and warrants that upon the filing of financing statements as delivered to Lessor in the jurisdiction(s) indicated in Attachment 1 hereto, Lessor shall have a first, prior and perfected security interest in the Facility and such Items as and to the extent specified in Section 7 of the Master Lease. Lessor will retain such security interest in the Facility until the conclusion of the Term hereof and that of the Master Lease and satisfaction of all obligations under the Master Lease and Lessee will have paid any costs of collection associated therewith. Except as expressly modified hereby, all terms and provisions of the Master Lease remain in full force and effect. The parties hereto have caused their duly authorized officers to execute this Schedule on the dates indicated below.
Sample 1
Secured Financing. 21 13.6 Lender as Beneficiary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 13.7 Agent's authority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 13.8 Notification of issue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 13.9 Drawings procedure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 13.10
Sample 1
Secured Financing. Upon the execution of this Agreement, the ----------------- Partnership will enter into a certain $150 million first deed of trust loan with Connecticut General Life Insurance Company.
Sample 1
Secured Financing. Upon the execution of this Agreement, the ----------------- Partnership will enter into an Amendment and Restatement of an existing deed of trust loan by and between the Partnership and Northwestern Mutual Life Insurance Company (the "Lender") pursuant to which Note B of the existing loan with the Lender is being satisfied and the loan is being increased to a new original principal amount of $160 million.
Sample 1
Secured Financing 
Sample 1
AutoNDA by SimpleDocs

Related to Secured Financing

  • Senior Debt The Obligations constitute “Senior Indebtedness” (or any comparable term) or “Senior Secured Financing” (or any comparable term) under, and as defined in, the documentation governing, any Indebtedness that is subordinated to the Obligations expressly by its terms.

  • Designated Senior Indebtedness The Loan Documents and all of the Obligations have been deemed “Designated Senior Indebtedness” or a similar concept thereto, if applicable, for purposes of any other Indebtedness of the Loan Parties.

  • Securities Subordinated to Senior Indebtedness The Company and each Holder of a Security, by his acceptance thereof, agree that (a) the payment of the principal of, premium (if any) and interest on and any Additional Amounts with respect to each and all the Securities and (b) any other payment in respect of the Securities, including on account of the acquisition or redemption of Securities by the Company, is subordinated, to the extent and in the manner provided in this Article Thirteen, to the prior payment in full of all Senior Indebtedness of the Company, whether outstanding at the date of this Indenture or thereafter created, incurred, assumed or guaranteed, and that these subordination provisions are for the benefit of the holders of Senior Indebtedness. This Article Thirteen shall constitute a continuing offer to all Persons who, in reliance upon such provisions, become holders of, or continue to hold, Senior Indebtedness, and such provisions are made for the benefit of the holders of Senior Indebtedness, and such holders are made obligees hereunder and any one or more of them may enforce such provisions.

  • Trustee's Relation to Senior Indebtedness The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article XII in respect of any Senior Indebtedness of the Company at any time held by it, to the same extent as any other holder of Senior Indebtedness of the Company and nothing elsewhere in this Indenture shall deprive the Trustee of any of its rights as such holder. With respect to the holders of Senior Indebtedness of the Company, the Trustee undertakes to perform or to observe only such of its covenants and obligations as are specifically set forth in this Article XII, and no implied covenants or obligations with respect to the holders of Senior Indebtedness of the Company shall be read into this Indenture against the Trustee. The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness of the Company and the Trustee shall not be liable to any holder of Senior Indebtedness of the Company if it shall pay over or deliver to holders of Securities, the Company or any other Person money or assets to which any holder of Senior Indebtedness of the Company shall be entitled by virtue of this Article XII or otherwise.

  • Subordinated Indebtedness The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

  • Designated Senior Debt Designate any Indebtedness (other than under this Agreement and the other Loan Documents) of the Borrowers or the Restricted Subsidiaries as “Designated Senior Indebtedness” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing Documentation.

  • Securities Subordinate to Senior Indebtedness The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

  • Senior Indebtedness The Loans, the Obligations and the Guaranteed Obligations constitute “senior indebtedness” (or any other similar or comparable term) under and as defined in the documentation governing any Indebtedness of the Credit Parties that is subordinated in right of payment to any other Indebtedness thereof.

  • Senior Indebtedness Status The Obligations of each Credit Party under this Agreement and each of the other Financing Documents ranks and shall continue to rank at least senior in priority of payment to all Debt that is contractually subordinated to the Obligations of each such Person under this Agreement and is designated as “Senior Indebtedness” (or an equivalent term) under all instruments and documents, now or in the future, relating to all Debt that is contractually subordinated to the Obligations under this Agreement of each such Person.

  • Additional Obligations The Company will use its best efforts to (a) register and qualify the Registrable Securities covered by a Registration Statement under such other securities or blue sky laws of such jurisdictions as each Investor who holds (or has the right to hold) Registrable Securities being offered reasonably requests, (b) prepare and file in those jurisdictions any amendments (including post-effective amendments) and supplements to such registrations and qualifications as may be necessary to maintain their effectiveness during the Registration Period, (c) take any other actions necessary to maintain such registrations and qualifications in effect at all times during the Registration Period, and (d) take any other actions reasonably necessary or advisable to qualify the Registrable Securities for sale in such jurisdictions. Notwithstanding the foregoing, the Company is not required, in connection such obligations, to (i) qualify to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section 3.4, (ii) subject itself to general taxation in any such jurisdiction, (iii) file a general consent to service of process in any such jurisdiction, (iv) provide any undertakings that cause material expense or burden to the Company, or (v) make any change in its charter or bylaws, which in each case the Board of Directors of the Company determines to be contrary to the best interests of the Company and its stockholders.

Time is Money Join Law Insider Premium to draft better contracts faster.