Secured Obligations definition

Secured Obligations has the meaning specified in the Security Agreement.
Secured Obligations shall have the meaning assigned in Section 3.1.
Secured Obligations means all Obligations, together with (a) all Banking Services Obligations and (b) all Secured Hedging Obligations.

Examples of Secured Obligations in a sentence

  • Additionally, in the event the Pari Passu Secured Obligations of any Series are modified pursuant to applicable law (including, without limitation, pursuant to Section 1129 of the Bankruptcy Code), any reference to such Pari Passu Secured Obligations or the Pari Passu Documents governing such Pari Passu Secured Obligations shall refer to such obligations or such documents as so modified.

  • Amounts shall be applied to each category of Secured Obligations set forth above until Full Payment thereof and then to the next category.

  • If any amounts received and applied by any Agent to any Secured Obligations are later required to be returned by such Agent pursuant to Applicable Law, each Lender shall pay to such Agent, on demand, such Lender’s share (in accordance with its Pro Rata Percentage, where applicable) of the amounts required to be returned.

  • Any Indebtedness of any Loan Party permitted pursuant to Section 6.01(d) (or any other loan or advance between Loan Parties) shall be subordinated to such Loan Party’s Secured Obligations in a manner reasonably satisfactory to the Administrative Agent.

  • Notwithstanding the foregoing, however, a Secured Party may take action to preserve or enforce its rights against a Loan Party where a deadline or limitation period is applicable that would, absent such action, bar enforcement of Secured Obligations held by such Secured Party, including the filing of proofs of claim in an Insolvency Proceeding.


More Definitions of Secured Obligations

Secured Obligations means, collectively, (a) the Obligations and (b) all existing or future payment and other obligations owing by any Credit Party under (i) any Secured Hedge Agreement (other than an Excluded Swap Obligation) and (ii) any Secured Cash Management Agreement.
Secured Obligations means the “Obligations” (as defined in the Credit Agreement).
Secured Obligations means Borrower’s obligations under this Agreement and any Loan Document, including any obligation to pay any amount now owing or later arising.
Secured Obligations has the meaning set forth in Section 2 hereof.
Secured Obligations means all Obligations, together with all (i) Banking Services Obligations and (ii) Swap Agreement Obligations owing to one or more Lenders or their respective Affiliates; provided, however, that the definition of “Secured Obligations” shall not create any guarantee by any Guarantor of (or grant of security interest by any Guarantor to support, as applicable) any Excluded Swap Obligations of such Guarantor for purposes of determining any obligations of any Guarantor.
Secured Obligations means all Obligations and all Additional Secured Obligations.
Secured Obligations is defined in Section 2.2.