Examples of Additional Secured Debt in a sentence
The Collateral Agent may conclusively rely on the information provided by each representative of holders of Additional Secured Debt pursuant to this paragraph and shall incur no liability for acting in reliance thereon.
The relevant Key Subsidiary shall pay any shortfall in interest (“ Additional Secured Debt Interest”) to the relevant Other Creditor within 30 days from the completion of Disposal.
The relevant Key Subsidiary shall be entitled to set-off/deduct from the Additional Secured Debt Interest an amount equivalent to the Excess Cash Interest.
As between the Holders of the Notes and the holders of Additional Secured Debt, only the Instructing Group shall have the right to direct the Collateral Agent in conducting foreclosures and in taking other actions with respect to the Collateral or an Event of Default.
Such rates are authorized only in connection with those costs, which the employee would be obligated.