Australian Security Documents definition
Examples of Australian Security Documents in a sentence
Agent and Australian Security Trustee may, and each Lender authorizes Agent and Australian Security Trustee to, enter into all Loan Documents to which Agent or Australian Security Trustee is intended to be a party and accept the Guaranty and Security Agreement and all Australian Security Documents.
The U.S. Extraordinary Advances shall be repayable within one Business Day of demand thereof, secured by the Liens granted under the Loan Documents (other than the Australian Security Documents), constitute U.S. Obligations hereunder, and bear interest at the rate applicable from time to time to U.S. Revolving Loans that are Base Rate Loans.
The U.S. Swing Loans shall be secured by Liens granted under the Loan Documents (other than the Australian Security Documents), constitute U.S. Revolving Loans and U.S. Obligations, and bear interest at the rate applicable from time to time to U.S. Revolving Loans that are Base Rate Loans.
The Australian Subsidiary covenants and agrees, however, that within ten (10) days following written demand by the Agent at any time following the occurrence of an Event of Default, the Australian Subsidiary shall execute and deliver any and all Australian Security Documents as shall be reasonably required by the Agent to grant to the Agent for the ratable benefit of the Lenders a Lien on and security interest in all Assets and properties of the Australian Subsidiary located in Australia.
Mesoblast Intl UK and Mesoblast SUI have entered into the Australian Security Documents, English Security Documents and/or Swiss Security Documents in each case as applicable and pursuant to which they have granted security interests in, to and under the collateral described therein (such collateral, with the UCC Collateral, collectively, the “Collateral”) in favor of Agent for the benefit of the Lenders.