Series Secured Creditors definition

Series Secured Creditors means, in relation to a Series, each of the Note Trustee, any Receiver or any other appointee of the Note Trustee, the Accounts Bank and any other accounts bank with which a Cash Security Account is opened, the Agent Bank, the Paying Agents, any Swap Counterparties, any Dealers in relation to such Series, the Noteholders in relation to such Series and all other secured creditors of the Issuer in relation to that Series as specified in the relevant Final Terms and "Series Secured Creditor" means any one of them;
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Series Secured Creditors. ’ means, in relation to a Series, each of the Note Trustee, any Receiver or any other appointee of the Note Trustee, the Accounts Bank, the Agent Bank, the Paying Agents,
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Series Secured Creditors. ’ means, in relation to a Series, each of the Note Trustee, any Receiver or any other appointee of the Note Trustee, the Accounts Bank and any other accounts bank with
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Examples of Series Secured Creditors in a sentence

  • The billing thereafter will include recurring charges and actual usage as defined in this Service Catalog.

  • Each of the Series Manager and the Trust Manager has undertaken in the Issue Supplement and the Supplementary Terms Notice (as applicable) that if it determines that any other such security interests arise and that failure to perfect those security interests could have material adverse effect upon the Series Secured Creditors or the Trust Secured Creditors (as applicable) that it will give certain directions to take appropriate action to perfect such security interests under the PPSA.

  • Neither the Series Security Trustee nor Liberty Funding will have any liability to the Series Secured Creditors in respect of any such deficiency.

  • Upon the occurrence of a Series Event of Default, the Series Security Trustee will be entitled to enforce the Series Charge and apply the Series Assets which are charged in favour of the Series Security Trustee for the benefit of the Series Secured Creditors of the Series (which term includes the Holders of the Offered Notes).

  • The rights of the Series Secured Creditors as beneficiaries under the Series Security Trust are restricted.

  • The moneys available to the Series Security Trustee for distribution may not be sufficient to satisfy in full the claims of all or any of the Series Secured Creditors and this may have an impact upon Liberty Funding’s ability to repay all amounts outstanding in relation to the Offered Notes and absent sufficient credit support, Holders of the Offered Notes may suffer a loss.

  • In particular, the Series Secured Creditors have only limited rights with respect to the direction and removal of the Series Manager, Liberty Funding (in respect of the Series), and the Series Security Trustee.

  • Liberty Funding’s liability in connection with the Transaction Documents of a Series (including any transaction in connection with them) may be discharged from, and the recourse of the Series Security Trustee and the Series Secured Creditors is limited to, the Series Collateral.

  • In such circumstances the Note Trustee or the Receiver will be entitled to enforce the Series Assets only in relation to the Defaulted Series for the benefit of the Series Secured Creditors of such Defaulted Series and will have no further claim against the Issuer in respect of the amounts payable under the Notes other than under the Issuer Floating Charge and thereafter as an unsecured creditor.

  • The Series 2 Priority of Payments is the sequence in which the Issuer or, following a Guarantee Event, the Series Security SPV, as the case may be, will make payments to the Issuer’s creditors in respect of this Series (including the Noteholders and the other Series Secured Creditors).


More Definitions of Series Secured Creditors

Series Secured Creditors means, in relation to a Series, the relevant Series Trustee (in its own capacity and on behalf of the relevant Noteholders) and all other Series Transaction Parties and other creditors for the benefit of whom the relevant Series Security is expressed to be granted;
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Series Secured Creditors means each of the creditors of the Issuer set out in the Series 2 Priority of Payments that is a party to a Series Transaction Agreement;
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Related to Series Secured Creditors

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Notes Secured Parties means the Trustee, the Notes Collateral Agent and the Holders of the Notes.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Senior Secured Credit Agreement means the Amended and Restated Credit Agreement dated as of July 31, 2008 among the Company, as Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, and the lenders parties thereto from time to time, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 1111).

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Guaranteed Creditors means and include each of the Agent, the Collateral Agent, the Banks and each party (other than any Credit Party) party to an Interest Rate Protection Agreement or Other Hedging Agreement to the extent such party constitutes a Secured Creditor under the Security Documents.

  • Term Loan Secured Parties means the “Secured Parties” as defined in the Term Loan Credit Agreement.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • Second Lien Agent means the “Agent” under and as defined in the Second Lien Credit Agreement.

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.