FRN Security Documents definition

FRN Security Documents means (i) the fourth and fifth ranking security documents entered into in favour of the Security Trustee for and on behalf of the FRN Trustee over the shares of the Parent; (ii) the third and fourth ranking security documents entered into in favour of the Security Trustee for and on behalf of the FRN Trustee over the HY Funding Loan and the FRN Funding Loans; (iii) the additional third and fourth ranking security documents entered into in favour of the Security Trustee for and on behalf of the FRN Trustee over the Subordinated Loan Funding Loans; (iv) the fourth and fifth ranking agreed form security document entered or to be entered into in favour of the Security Trustee for and on behalf of the FRN Trustee over the Subordinated Loan Funding Loans; (v) the Original Obligor Share Securities in respect of shares in the Borrower; (vi) the share pledges entered into in favour of the Security Trustee on behalf of, amongst others, the FRN Trustee and the HY Trustee over the shares in Euroweb Romania; (vii) the Invitel Technocom Share Security; (viii) the second ranking share pledges entered into in favour of the Security Trustee on behalf of the FRN Trustee, the HY Trustee and the Subordinated Loan Finance Parties over the shares in Invitel Austria; (ix) the Turkish Subsidiary Share Security; (x) the Invitel Telecom Share Security; (xi) the Invitel IH Share Security; (xii) any pledge or (as the case may be) charge over the shares of any other Obligor provided that (a) such shares are simultaneously (by way of a first ranking pledge) charged or (as the case may be) pledged to the Senior Creditors and (b) such security is at all times second ranking by and subject to the terms of the Intercreditor Deed; and (xiii) the Intercreditor Deed.
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FRN Security Documents means the FRN Security Documents (as defined in the Senior Facilities Agreement) including, for the avoidance of doubt, the Junior Pledge of the FRN Funding Loan.
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FRN Security Documents means (i) the fourth ranking agreed form security document entered or to be entered into in favour of the Security Trustee for and on behalf of the FRN Trustee over the shares of the Parent; (ii) the third and fourth ranking agreed form security documents entered or to be entered into in favour of the Security Trustee for and on behalf of the FRN Trustee over the HY Funding Loan and the FRN Funding Loans; (iii) the Original Obligor Share Securities in respect of shares in the Borrower, V-holding and Euroweb Hungary (as of the effectiveness of the amendments to be made thereto pursuant to the Original Obligor Share Securities Amendment Agreements); (iv) the second ranking agreed form share pledge entered or to be entered into in favour of the Security Trustee on behalf of the FRN Trustee and the HY Trustee over the shares in Euroweb Romania; (v) the HTCC Opco Share Securities; (vi) the Original Obligor Share Securities Amendment Agreements; (vii) any pledge or (as the case may be) charge over the shares of any other Obligor provided that (a) such shares are simultaneously (by way of a first ranking pledge) charged or (as the case may be) pledged to the Senior Creditors and (b) such security is at all times second ranking by and subject to the terms of the Intercreditor Deed; and (viii) the Intercreditor Deed.
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Examples of FRN Security Documents in a sentence

  • The Security Trustee shall enforce the security conferred by the FRN Security Documents (if then enforceable) in such manner as instructed by the Majority Lenders or (in accordance with this Deed) the FRN Trustee or, in the absence of instructions as it sees fit and, subject as required by applicable law, having first regard to the interests of the Senior Creditors and FRN Creditors, in that order.

  • Subject to such security having become enforceable, and subject to clause 16.3.3, until the Senior Discharge Date, the Security Trustee shall act, in relation to the security conferred by the FRN Security Documents, in accordance with the instructions of the Majority Lenders (which, subject to clause 16.3.3, shall override any conflicting instructions given by or on behalf of the FRN Trustee).

  • Subject to the provisions of this clause 16 ( Enforcement of Security), no Senior Creditor nor FRN Creditor shall be responsible to any Subordinated Shareholder Creditor or Obligor for any failure or delay to enforce or maximise the proceeds of any enforcement of the FRN Security Documents (except to the extent arising from such person’s gross negligence or wilful default).

  • The Group also holds hedge options which are held at fair value determined by models which have observable inputs.

  • Euro area money market rates are appended to the respective Austrian series.

  • The proposed rule included a number of new categorical exclusions (“CatExs”).

  • The Security Trustee shall enforce the security conferred by the FRN Security Documents (if then enforceable) in such manner as instructed by the Majority Senior Creditors or (in accordance with this Deed) the FRN Trustee or, in the absence of instructions as it sees fit and, subject as required by applicable law, having first regard to the interests of the Senior Creditors and FRN Creditors, in that order.

  • Do not engage targets outside of the Rifle Range 1 impact berm during fire conditions set at “VERY HIGH” or higher without the approval of the Range Master (or designee).

  • The Majority Lenders or the FRN Trustee may give or refrain from giving instructions to the Security Trustee to enforce or refrain from enforcing the security conferred by the FRN Security Documents (in the case of the FRN Trustee, solely to the extent permitted by clauses 15.1 ( Restrictions on HY Creditor, FRN Creditor Enforcement and Subordinated Bridge Creditor Action) and clause 16.3.3).

  • The Majority Senior Creditors or the FRN Trustee may give or refrain from giving instructions to the Security Trustee to enforce or refrain from enforcing the security conferred by the FRN Security Documents (in the case of the FRN Trustee, solely to the extent permitted by Clauses 13.1 ( Restrictions on FRN Creditor Enforcement Action) and Clause 14.2(c)).


More Definitions of FRN Security Documents

FRN Security Documents means each of the following Security entered into (whether prior to, on or after the date of this Deed) in favour of the Security Trustee for and on behalf of the FRN Trustee:
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Related to FRN Security Documents

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • First Lien Security Documents means the Security Documents (as defined in the First Lien Credit Agreement) and any other agreement, document or instrument pursuant to which a Lien is granted or purported to be granted securing any First Lien Obligations or under which rights or remedies with respect to such Liens are governed.

  • Foreign Security Documents means any agreement or instrument entered into by any Foreign Subsidiary Borrower that is reasonably requested by the Collateral Agent providing for a Lien over the assets (including shares of other Subsidiaries) of such Foreign Subsidiary Borrower.

  • Transaction Security Documents means each of the documents listed as being a Transaction Security Document in paragraph 2(e) of Part I of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement and any document required to be delivered to the Administrative Agent under paragraph 3(d) of Part II of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement together with any other document entered into by any Obligor creating or expressed to create any Security over all or any part of its assets in respect of the obligations of any of the Obligors under any of the Finance Documents (and any other Debt Documents).

  • ABL Security Documents means any agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed.

  • Canadian Security Documents means the Canadian Security Agreement, any share pledge agreement governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations, and each other agreement, document or instrument executed by any Loan Party governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations.

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • UK Security Documents means the UK Pledge Agreements and the UK Debenture.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • U.S. Security Documents means and include the U.S. Security Agreement, the U.S. Pledge Agreement, each Mortgage covering a U.S. Mortgage Property and each Additional Security Document covering assets of a U.S. Credit Party situated in the United States.

  • Dutch Security Documents means the Dutch Share Pledges, the Dutch Intercompany Pledges and any other Dutch law security document creating security for the benefit of the Collateral Agent.

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.

  • Collateral Security Documents Any document or instrument given to secure or guaranty the Mortgage Loan, including without limitation, the Mortgage, each as amended, supplemented, assigned, extended or otherwise modified from time to time.

  • Note Security Documents means any agreement, document or instrument pursuant to which a Lien is granted securing any Note Obligations or under which rights or remedies with respect to such Liens are governed.

  • First Priority Documents means the First Priority Agreement, each First Priority Security Document and each First Priority Guarantee.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Additional Security Documents shall have the meaning provided in Section 9.12(a).

  • Senior Security Documents means with respect to any Senior Secured Party, the Security Documents that secure the Senior Obligations.

  • Second Priority Documents means each Second Priority Agreement, each Second Priority Security Document and each Second Priority Guarantee.

  • Security Document means and include each of the Security Agreement, the Pledge Agreement, each Mortgage and, after the execution and delivery thereof, each Additional Security Document.

  • Security Documentation means the Security Documentation applicable to the specific Services purchased by Client, as updated from time to time, and as made reasonably available by Securiti.

  • Collateral Documents means, collectively, the Security Agreement, the Intellectual Property Security Agreements, the Mortgages (if any), each of the collateral assignments, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent, Collateral Agent or the Lenders pursuant to Sections 4.01(1)(c), 6.11 or 6.13 and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Canadian Security Agreements means, collectively, those certain Amended and Restated Security Agreements, dated as of the Restatement Date, and those certain deeds of movable hypothec dated on or about the Restatement Date, made by the Canadian Credit Parties party thereto in favor of Agent, on behalf of itself and for the benefit of the Secured Parties, as amended, restated, supplemented or otherwise modified from time to time.

  • Second Lien Note Documents means the Second Lien Note Indenture, the Second Lien Notes, the Second Lien Security Documents and each other document, instrument or agreement relating to the issuance of the Second Lien Notes, as the same may be amended, restated, supplemented, waived and/or otherwise modified from time to time in accordance with the terms thereof, of this Agreement and of the Prepetition Intercreditor Agreement.