Security Grantors definition

Security Grantors means the Original Security Grantors and any company or person which accedes to this Agreement as a New Security Grantor.
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Security Grantors means each and any of the companies set forth in Schedule 4 hereto and any company which executes a New Security Grantor’s Accession Agreement after the execution hereof.
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Examples of Security Grantors in a sentence

  • The Security Agent may accept deposits from, lend money to, and generally engage in any kind of banking or other business with any of the Debtors or Security Grantors.

  • Hedging Agreements), the relevant Senior Secured Creditors, the Debtors and the Security Grantors may amend or waive the terms of the Secured Debt Documents in accordance with their terms (and subject to any Consent required under them) at any time.

  • The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any of the Debtors or Security Grantors may have to any of the Charged Property and shall not be liable for or bound to require any Debtor or any Security Grantor, as applicable to remedy any defect in its right or title.

  • This agreement is made on [date] by the Acceding [Debtor]/[Security Grantor] in relation to an intercreditor agreement (the “Intercreditor Agreement”) dated [l] (as amended and/or amended and restated from time to time) between, amongst others, Virgin Media Investment Holdings Limited, [l] as security agent and as senior agent, the other Creditors and the other Debtors and Security Grantors (each as defined in the Intercreditor Agreement).

  • If, for any reason, any of the trusts expressed to be created in this Clause ‎14 (Turnover of Receipts) should fail or be unenforceable, the affected Creditor, Debtor or Security Grantors will promptly pay an amount equal to that receipt or recovery to the Security Agent to the extent permitted by applicable law to be held on trust by the Security Agent for application in accordance with the terms of this Agreement.

  • Each of the Security Grantors herewith irrevocably consents to any New Secured Party’s Accession Agreement entered into in accordance with this Agreement.

  • The Security Agent and/or any other Beneficiaries, however, shall also be entitled to take legal action against any of the Security Grantors before any other competent court of law having jurisdiction over such Security Grantor or any of its assets.

  • Each of the Security Grantors herewith irrevocably consents to any New Security Grantor’s Accession Agreement entered into in accordance with this Agreement.

  • The Administrative Agent and the Beneficiaries, however, shall also be entitled to take legal action against any of the Security Grantors before any other competent court of law having jurisdiction over such Security Grantor or any of its assets.

  • Each of the Security Grantors herewith irrevocably consents to any New Finance Party’s Accession Agreement entered into in accordance with this Agreement.