Secured Agreement definition

Secured Agreement when used with respect to any Secured Obligation, refers collectively to each instrument, agreement or other document that sets forth obligations of the Borrower, obligations of a guarantor and/or rights of the holder with respect to such Secured Obligation.

Secured Agreement when used xxxx xxxxxct to any Secured Obligation of any Lien Grantor, refers to each instrument, agreement or other document that sets forth obligations of each Lien Grantor and/or rights of the holder with respect to such Secured Obligation.

Secured Agreement when used with respect to any Secured Obligation, refers collectively to each instrument, agreement or other document that sets forth obligations of the Company, obligations of a guarantor and/or rights of the holder with respect to such Secured Obligation.

Examples of Secured Agreement in a sentence

• If the Borrower fails to pay any Secured Obligation punctually when due, each Guarantor agrees that it will forthwith on demand pay the amount not so paid at the place and in the manner specified in the relevant Secured Agreement.

• If acceleration of the time for payment of any Secured Obligation by the Borrower is stayed by reason of the insolvency or receivership of the Borrower or otherwise, all Secured Obligations otherwise subject to acceleration under the terms of any Secured Agreement shall nonetheless be payable by the Guarantors hereunder forthwith on demand by the Secured Party.

• If acceleration of the time for payment of any Secured Obligation by the Borrower is stayed by reason of the insolvency or receivership of the Borrower or otherwise, all Secured Obligations otherwise subject to acceleration under the terms of any Secured Agreement shall nonetheless be payable by the Guarantors hereunder forthwith on demand by the Administrative Agent.

• Collateral Agent has been appointed as Collateral Agent hereunder pursuant to the Secured Agreement.

• If acceleration of the time for payment of any Secured Obligation by the Borrower is stayed by reason of the insolvency or receivership of the Borrower or otherwise, all Secured Obligations otherwise subject to acceleration under the terms of any Secured Agreement shall nonetheless be payable by the Guarantors hereunder forthwith on demand by either Secured Party.

More Definitions of Secured Agreement

Secured Agreement means each Swap and/or Securities Lending Agreement and/or Custody Agreement and/or Loan Service Agent Agreement and/or any other agreement entered into with a Secured Agent in relation to a Series of Notes

Secured Agreement means, in relation to a Mortgage, any document or agreement under which any money secured by that Mortgage is or may become outstanding.

Secured Agreement means each of the Agency Agreement, the Account Bank Agreement, the Swap and the YWS Agreements.

Secured Agreement means any agreement between you and us (including a guarantee given by you) whenever made, under which you undertake to pay or repay us money and which you acknowledge in writing (including by electronic communication) to be an agreement to which the Security Interest extends.

Secured Agreement means any agreement under which the mortgagee agrees to make an advance to an accommodated person or to a party giving this mortgage that specifies that that advance is to be secured by this mortgage and includes the mortgage instrument and any agreement in the future recording a further advance;

Secured Agreement means the Credit Agreement, this Agreement, any other Security Document, any other Loan Document and any other instrument or agreement giving rise to Secured Obligations.

Secured Agreement means any agreement giving rise to a Secured Obligation.