Examples of Guarantor Collateral in a sentence
In order to evidence the security interests of the Administrative Agent under this Agreement, the Credit Parties shall, from time to time take such action, or execute and deliver such instruments as may be necessary (including, without limitation, such actions as are reasonably requested by the Administrative Agent) to maintain and perfect, as a first-priority interest, the Administrative Agent’s security interest in the Collateral and Guarantor Collateral, respectively.
Notwithstanding the foregoing, if any Lien on any Secondary Collateral or any Guarantor Collateral is not intended to be a first priority Lien, all references herein to a first priority Lien with respect to such Secondary Collateral or Guarantor Collateral shall be to a Lien in the priority set forth in Sections 6.E. and F.
Comprehensive and adaptive guidelines will have to be developed to be made applicable in each country, covering broad thematic elements of forest MAR.
Name of Creditor or Type of Liability and Category of Amount Guarantor Collateral, if any The requirements of law relating to the reporting of financial interests are in the public interest and no adverse inference of unethical or illegal conduct or behavior will be drawn merely from compliance with these requirements.
Guarantor agrees that each Beneficiary may proceed at any time, in its sole discretion, and without prior demand or notice, to enforce such security interest by the sale of any and all Guarantor Collateral in any manner and upon such terms as a Beneficiary may determine in its sole discretion.