Common use of The Agreed Security Principles embody a Clause in Contracts

The Agreed Security Principles embody a. recognition by all parties that there may be certain legal, commercial and practical difficulties in obtaining effective security from the Company and each of its Restricted Subsidiaries in every jurisdiction in which the Company and its Restricted Subsidiaries are located. In particular:

Appears in 8 contracts

Samples: Indenture (NXP Semiconductors N.V.), Indenture (NXP Semiconductors N.V.), Indenture (Freescale Semiconductor, Ltd.)

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The Agreed Security Principles embody a. recognition by all parties that there may be certain legal, commercial legal and practical difficulties in obtaining effective guarantees and security from all Material Companies and other members of the Company Group required to give guarantees and each of its Restricted Subsidiaries security (the “Guarantor Companies”) in every jurisdiction in which Guarantor Companies are or may in the Company and its Restricted Subsidiaries are future be located. In particular:

Appears in 3 contracts

Samples: Notes Purchase Agreement (Membership Collective Group Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

The Agreed Security Principles embody a. recognition by all parties that there may be certain legal, commercial legal and practical difficulties in obtaining effective or commercially reasonable guarantees and/or security from the Company and each of its Restricted Subsidiaries Group Members in every jurisdiction in which the Company and its Restricted Subsidiaries are locatedan Applicable Security Jurisdiction. In particular:

Appears in 1 contract

Samples: Credit Agreement (Clarivate Analytics PLC)

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The Agreed Security Principles embody a. recognition by all parties that there may be certain legal, commercial legal and practical difficulties in obtaining effective security from all relevant members of the Company and each of its Restricted Subsidiaries Group in every jurisdiction in which the Company and its Restricted Subsidiaries those members are located. In particular:

Appears in 1 contract

Samples: Senior Facilities Agreement (Toys R Us Inc)

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