Security and guarantees. (a) Any Security Document or any guarantee in or any subordination under any Finance Document is not in full force and effect or any Security Document does not create in favour of the Security Trustee for the benefit of the Secured Parties the Security which it is expressed to create fully perfected and with the ranking and priority it is expressed to have.
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Samples: Agreement (Las Vegas Sands Corp), Restatement Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp)
Security and guarantees. (a) Any Security Document or any guarantee or indemnity in or any subordination under any Finance Document is not in full force and effect or any Security Document does not create in favour of the Security Trustee for the benefit of the Secured Finance Parties the Security which it is expressed to create fully perfected and with the ranking and priority it is expressed to have.
Appears in 1 contract
Samples: Agreement (Las Vegas Sands Corp)
Security and guarantees. (a) Any Security Document or any guarantee in or any subordination under any Finance Document is not in full force and effect or any Security Document does not create in favour of the Security Trustee Agent for the benefit of the Secured Parties the Security which it is expressed to create fully perfected and with the ranking and priority it is expressed to have.
Appears in 1 contract
Samples: Facility Agreement (American Realty Capital Global Trust II, Inc.)
Security and guarantees. (a) Any Security Document or any guarantee in or any subordination under any Finance Document is not in full force and effect or any Security Document does not create in favour of the Security Trustee for the benefit of the Secured Finance Parties and the Hedging Banks the Security which it is expressed to create fully perfected and with the ranking and priority it is expressed to have.
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