Transaction Security definition

Transaction Security means the Security created or expressed to be created in favour of the Security Agent pursuant to the Transaction Security Documents.

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Transaction Security means the Security provided for the Secured Obligations pursuant to the Security Documents.

Transaction Security means the Security created or expressed to be created in favour of the Security Agent (on behalf of the Secured Parties) pursuant to the Transaction Security Documents.

Examples of Transaction Security in a sentence

The constitutional documents of companies whose shares are subject to the Transaction Security do not and could not restrict or inhibit any transfer of those shares on creation or enforcement of the Transaction Security.
It is the responsibility of the New Lender to ascertain whether any other documents or other formalities are required to perfect a transfer of such a share in the Existing ▇▇▇▇▇▇’s Transaction Security in any jurisdiction and, if so, to arrange for execution of those documents and completion of those formalities.
This paragraph (f) shall not apply to any legal or arbitration proceeding relating to the perfection, preservation or protection of rights under the Transaction Security Documents or enforcement of the Transaction Security or Transaction Security Documents.
The Parent or an Obligor (or any other relevant party (other than the Finance Parties)) rescinds or purports to rescind or repudiates or purports to repudiate a Finance Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any Transaction Security.
Where an Obligor secures shares, the Transaction Security Documents will be governed by the laws of the Borrower whose shares are being secured and not by the law of the country of the pledgor.

More Definitions of Transaction Security

Transaction Security means the Security provided to the Secured Parties under the Security Documents.

Transaction Security means any Security for all or any part of the obligations of the Borrower under the Finance Documents or any of them expressed to be created by or pursuant to, or to be evidenced in, the Security Documents or any of them.

Transaction Security means the Security Interests created or evidenced or expressed to be created or evidenced under the Finance Documents.

Transaction Security as defined in the Intercreditor Agreement from time to time.

Transaction Security means the security constituted or intended to be constituted by the Security Documents;

Transaction Security means the security created or purported to be created under the Security Documents.

Transaction Security means the Security created or expressed to be created in favour of the Security Agent and/or the Secured Parties pursuant to the Security Documents or this Agreement.