Examples of Lender Security Documents in a sentence
The Lender Parties hold or benefit from claims against USAV in the amount of the Net Obligations secured by first priority liens on the Collateral evidenced by the Lender Security Documents (including as amended, supplemented, amended and restated, and/or otherwise modified by the Definitive Documentation).
The Lender Security Documents provide the Collateral Agent or the Collateral Trustee (as applicable, and in each case for the benefit of the Lenders and the other Secured Parties) with effective, valid, legally binding, enforceable, non-avoidable, and properly perfected first priority Liens on all of the Collateral, and were granted to, or for the benefit of, the Secured Parties for fair consideration and reasonably equivalent value.
SECURITYIn order to secure the due payment by the Borrower of the dues to the Lender under this Agreement, the Borrower has pledged and/or shall pledge in favour of the Lender the Securities as are acceptable to the Lender, Security Documents to be executed in this behalf by the Borrower and/or the Security Provider.
The Lender Security Documents provide the Collateral Agent or the Collateral Trustee (as applicable, and in each case for the benefit of the Lenders and the other Secured Parties) with effective, valid, legally binding, enforceable, non-avoidable, and properly Execution Version perfected first priority Liens on all of the Collateral, and were granted to, or for the benefit of, the Secured Parties for fair consideration and reasonably equivalent value.
True and correct copies of the Lender Security Documents are annexed to the Second Weedman Decl.15.
On the Closing Date, Borrower and its Subsidiaries shall deliver to Administrative Agent for the ratable benefit of each Lender, Security Documents covering the foregoing, each in form and substance acceptable to Administrative Agent.
As soon as practicable after the date hereof, (i) the SGLP Parties will file the appropriate documents to evidence the release of the SemGroup Lenders’ Liens on the SemGroup Transferred Assets and (ii) the SGLP Parties will file the SGLP Lender Security Documents.