Senior Secured Note Guarantees definition
Examples of Senior Secured Note Guarantees in a sentence
The Debenture Guarantees shall be subordinated in right of payment to the prior payment in full of all of the Senior Secured Note Guarantees.
Subject to the Security Principles, the security will secure all of the Obligations with respect to the Senior Secured Notes and the Senior Secured Note Guarantees.
Pursuant to Section 5.01(a)(v), each of the Issuers and each Senior Secured Note Guarantor hereby confirms that its obligations under the Senior Secured Notes Indenture, the Senior Secured Notes, the Senior Secured Note Guarantees, the First Lien Intercreditor Agreement and the Security Documents, as applicable, shall apply to the obligations of BP I under the Senior Secured Notes Indenture, the Senior Secured Notes and the Senior Secured Note Guarantees assumed hereunder.
Each Senior Secured Note Guarantee will be an upstream, cross-stream and downstream guarantee of all the Obligations with respect to the Senior Secured Notes and the Senior Secured Note Guarantees, subject to the requirements of the Security Principles in each relevant jurisdiction.
All security interests in the Collateral for the Senior Secured Notes and the Senior Secured Note Guarantees will be granted and implemented subject to the Agreed Security Principles.
BP II will designate the Senior Secured Notes and the Senior Secured Note Guarantees as “Designated Senior Indebtedness” for all purposes of the 2013 Senior Note Indenture and the 2013 Senior Subordinated Notes Indenture, and as “Additional Secured Obligations” for the 2013 Intercreditor Agreement.
All security interests in the Collateral for the Senior Secured Notes and the Senior Secured Note Guarantees will be granted and implemented subject to the Reference Agreement Security Principles.
BP II will designate the Senior Secured Notes and the Senior Secured Note Guarantees as “Designated Senior Indebtedness” and this Senior Secured Notes Indenture as included in the definition of “Credit Agreement” for all purposes of the 2007 Senior Note Indenture, the 2007 Senior Subordinated Notes Indenture and the 2007 UK Intercreditor Agreement.
As of the Escrow Release Date, BP II will designate the Senior Secured Notes and the Senior Secured Note Guarantees as “Designated Senior Indebtedness” and the Senior Secured Notes Indenture as included in the definition of “Credit Agreement” for all purposes of the 2007 Senior Note Indenture, the 2007 Senior Subordinated Notes Indenture and the 2007 Intercreditor Agreement.
In accordance with article 9 of the Spanish Limited Liability Companies Act 2/1995, 23 March (Ley de Sociedades de Responsabilidad Limitada) a Spanish Debtor which is a limited liability company (sociedad de responsabilidad limitada) cannot issue or secure the issue of notes or other securities such as the Senior Secured Notes and the Senior Secured Note Guarantees.