Examples of Other Secured Obligations in a sentence
Subject to Section 9.11, all amounts owing in respect of the Obligations and the Other Secured Obligations shall rank pari passu with each other.
Notwithstanding the foregoing, Other Secured Obligations owing to a Person who has ceased to be a Lender or its Affiliates shall not include any such Other Secured Obligations incurred on or after the date such Person has ceased to be a Lender for any reason.
The Borrower shall, subject to this Section, deliver or cause the delivery of unconditional guarantees of the Obligations and the Other Secured Obligations by each of the Material Subsidiaries, in each case in favour of the Agent for the benefit of the Lenders.
Notwithstanding that any Person ceases to be a Lender for any reason, Other Secured Obligations shall not cease to rank pari passu with the Obligations (and secured by any security that may be held from time to time by or for the benefit of the Lenders) without the prior written consent of the applicable former Lender or Affiliate to whom the Other Secured Obligations are owed.