New Secured Parties definition

New Secured Parties means the New Investors and the Collateral Agent, in each case, together with their heirs, successors and permitted assigns.
New Secured Parties means, at any relevant time, subject to Section 2.02, the holders of any New Obligations at that time, including each applicable New Representative.

Examples of New Secured Parties in a sentence

  • The New Representative, on behalf of the New Secured Parties, and the Collateral Agent, on behalf of the existing Secured Parties, each hereby acknowledges and agrees that the Collateral Agent in its capacity as such shall be agent on behalf of the New Representative and on behalf of all other Secured Parties.

  • The New Representative represents, warrants and acknowledges that it has the authority to bind each of the New Secured Parties to the Collateral Trust Agreement and such New Secured Parties are hereby bound by the terms, conditions and provisions of the Collateral Trust Agreement, including, without limitation, the provisions relating to the ranking of Transaction Liens and the order of application of proceeds from the enforcement of Transaction Liens.

  • The New Representative, on behalf of the New Secured Parties, and the Collateral Trustee, on behalf of the existing Secured Parties, each hereby acknowledges and agrees that the Collateral Trustee in its capacity as such shall be agent on behalf of the New Representative and on behalf of all other Secured Parties.

  • The rights and remedies of the Collateral Agent hereunder and of the New Secured Parties, under the New Debenture Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have.

  • If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any promissory note or other instrument, such note or instrument shall be immediately pledged and delivered to the Collateral Agent for the benefit of the New Secured Parties, duly endorsed in a manner satisfactory to the Collateral Agent.

  • The New Representative, on behalf of itself and the New Secured Parties, consents to and directs the Collateral Agent to perform its obligations under the Collateral Trust Agreement and the Security Documents.

  • By their signatures on this Agreement, the Original Secured Parties consent to the sharing, on the same first secured priority basis, of their security interest in the Collateral under this Agreement and the Amended Patent and Trademark Security Agreement with the New Secured Parties, both as to the New Notes and as to any Option Notes that Sutura may sell and issue in the future to the New Secured Parties.

  • Notwithstanding anything contrary herein or in the New Debenture Documents, the rights, benefits, priorities and interests of the Collateral Agent and the New Secured Parties (including, without limitation, with respect to the Collateral, the Proceeds thereof and exercise of rights, powers and remedies) shall be subject in all respects to the provisions of the Collateral Agency and Intercreditor Agreement.

  • It reported that the National Illicit Crop Substitution Program (PNIS) will be executed in keeping with the security and anti-narcotics policy79.

  • The state is taking 8% of our ad velorum tax of$20,370.45, so legislature approved a program to secure payment by the state.


More Definitions of New Secured Parties

New Secured Parties means the Administrative Agent, each Lender and the Arranger.

Related to New Secured Parties

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Term Secured Parties shall have the meaning assigned to that term in the introduction to this Agreement.

  • Term Loan Secured Parties means the “Secured Parties” as defined in the Term Loan Credit Agreement.

  • Second Priority Secured Parties means the Second Priority Representative, the Second Priority Creditors and any other holders of the Second Priority Obligations.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • First Priority Secured Parties means the First Priority Representative, the First Priority Creditors and any other holders of the First Priority Obligations.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Second Lien Agent means the “Agent” under and as defined in the Second Lien Credit Agreement.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Credit Agreement Secured Parties means the “Secured Parties” as defined in the Credit Agreement.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.