Examples of Collateral Parties in a sentence
The security interests in the Collateral granted to Secured Party in accordance with the terms of Section 1 above for the benefit of the Collateral Parties hereunder constitute valid security interests in the Collateral, securing the payment of the Secured Obligations.
Secured Party or any Holder may be the purchaser of any or all of the Collateral at any such sale and Secured Party, as agent for and representative of the Collateral Parties shall be entitled, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold at any such public sale, to use and apply any of the Secured Obligations as a credit on account of the purchase price for any Collateral payable by Secured Party at such sale.
They payment undertaking of each of the Dutch Collateral Parties under this Section 9.12 (Parallel Debt) is to be referred to as its “Parallel Debt”.
For example, 2-megapixel AV2100 has larger pixels and has better low-light sensitivity than the 3-mega pixel product, AV3100.
Except as provided herein, this Agreement shall remain in full force and effect until the Collateral Parties receive notice from the Secured Party of the occurrence of the later of (a) the termination of the Commitments and (b) the payment and satisfaction in full of the Secured Obligations referred to in the Security Agreement (other than contingent obligations for which no claim has been made).