Examples of Senior Notes Security Agreement in a sentence
Capitalized terms not otherwise defined herein have the meanings set forth in the Senior Notes Security Agreement (Second Lien), dated as of March 31, 2011, among Pretium Packaging L.L.C., Pretium Finance, Inc., the other Guarantors party thereto and the Collateral Trustee (as amended, restated, supplemented, or otherwise modified from time to time, the “Notes Security Agreement”).
Capitalized terms not otherwise defined herein have the meanings set forth in the Senior Notes Security Agreement (Second Lien), dated as of March 31, 2011, among Pretium Packaging, L.L.C., Pretium Finance, Inc., the other Guarantors party thereto and the Collateral Trustee (as amended, restated, supplemented, or otherwise modified from time to time, the “Notes Security Agreement”).
Each Successor Corporation shall execute and deliver to the Trustee an amendment to the Senior Notes Security Agreement granting to the Trustee for the benefit of the Trustee and the Holders of Senior Notes a lien on and security interest in substantially all of the assets of such Successor Corporation.
Other than as set forth in the Senior Notes Security Agreement or the Series D Notes, neither the Company nor any Subsidiary is a party to, or bound by, any agreement that restricts the grant by the Company or any Subsidiary of a security interest in the Collateral.
The Senior Notes, Security Agreement, Purchase Agreement and all other agreements, instruments and other documents executed in connection with the obligations of the Company under the Senior Note are legal, valid, binding and enforceable against the Company in accordance with their terms.
The Company is the sole owner of, and has good and marketable title to, all of the Collateral free and clear of any and all liens or encumbrances, in each case other than as set forth in the Senior Notes Security Agreement.
If an Event of Default occurs and is continuing, the Trustee may, subject to the Intercreditor Agreement, pursue any available remedy to collect the payment of principal, and premium, if any, on the Senior Notes or to enforce the performance of any provision of the Senior Notes, this Indenture, the Subsidiary Guarantees or the Senior Notes Security Agreement.