Security Sharing Agreement definition
Examples of Security Sharing Agreement in a sentence
Each Sprott Party and the Obligors hereby acknowledge, confirm and agree that each of this Agreement, the Convertible Debentures and the A&R Loan Agreement constitutes a “Project Finance Document” for the purposes of the Sprott Security Documents and the Security Sharing Agreement.
The Parties acknowledge and agree that each of this Agreement and the Existing Loan Agreement, as amended by this Agreement, constitutes a “Project Finance Document” and that the Obligations constitute “PF Obligations” and “Obligations”, as applicable, for the purposes of the Security Documents, the Security and the Security Sharing Agreement.
The parties hereto acknowledge and agree that this Agreement constitutes a “Project Finance Document” for the purposes of the Security and the Security Sharing Agreement and each Sprott Lender Party is a “Creditor” under the Security Sharing Agreement.