Examples of RCF Priority Collateral in a sentence
From time to time, Loan Parties shall take such actions and execute and deliver to the Agent such additional documents, instruments, certificates, and agreements as any of the Lenders may reasonably request to effectuate the purposes of the Loan Documents (subject to the Intercreditor Agreement with respect to the Term Loan/Euro RCF Priority Collateral).
Subject to the Intercreditor Agreement with respect to Term Loan/Euro RCF Priority Collateral, whenever the Agent may take possession of the Collateral, pursuant to Section 13.1, the Agent may take possession of the Collateral on Borrower’s or the applicable Loan Party’s premises or may remove the Collateral, or any part thereof, to such other places as the Agent may, in its sole discretion, determine.
The Agent’s rights and remedies with respect to the Collateral, in addition to those rights granted herein and in any other agreement between Borrower and any Loan Party and the Agent or Lenders now or hereafter in effect, shall be those of a secured party under the UCC and under any other applicable law (subject to the Intercreditor Agreement with respect to the Term Loan/Euro RCF Priority Collateral).
Subject to the Intercreditor Agreement with respect to Term Loan/Euro RCF Priority Collateral, if requested by the Agent, Borrower and each Loan Party shall assemble the Collateral and deliver it to the Agent at such place as may be designated by the Agent.
Subject to Section 4.6(b), the Term Loan/Euro RCF Collateral Agent further covenants and agrees that after payment in full in cash of the Term Loan/Euro RCF Obligations, the Term Loan/Euro RCF Collateral Agent shall take all actions and do all things reasonably requested by the ABL Administrative Agent to promptly transfer or assign any Term Loan/Euro RCF Priority Collateral (or interest therein) to the ABL Administrative Agent for the purpose of perfecting and protecting the ABL Second Priority Lien.
The cooperation of LBG GmbH and the partner organisations is regulated in a cooperation contract (“Contract for setting up a Ludwig Boltzmann Institute”).
With respect to the Term Loan/Euro RCF Priority Collateral identified in clause (ii) above, the Term Loan/Euro RCF Collateral Agent shall not transfer to any other Person or return or reassign to the Grantors possession or control of any such Term Loan/Euro RCF Priority Collateral unless the ABL Administrative Agent shall have consented thereto or all ABL Obligations have been satisfied in full.
Subject to Section 4.6(b), the Term Loan/Euro RCF Collateral Agent shall pay over to the ABL Administrative Agent all remaining moneys and other property held by the Term Loan/Euro RCF Collateral Agent or received by the Term Loan/Euro RCF Collateral Agent with respect to the Term Loan/Euro RCF Priority Collateral on or prior to the first Business Day falling after the Term Loan/Euro RCF Obligations have been paid in full in cash and the related commitments have been terminated.