U.S. Secured Parties definition

U.S. Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the U.S. Revolving Credit Lenders, the U.S. L/C Issuer, the U.S. Hedge Banks, the U.S. Cash Management Banks, each co-agent or sub-agent appointed by any Agent from time to time pursuant to Section 9.05, the Canadian Secured Parties and the other Persons the U.S. Obligations owing to which are or are purported to be secured by the U.S. Collateral under the terms of the Collateral Documents.
U.S. Secured Parties means the “Secured Parties” as defined in the U.S. Credit Agreement.

Examples of U.S. Secured Parties in a sentence

  • The Secured Parties comprise the US Secured Parties, the Canadian Secured Parties and the Hedging Secured Parties – the US Secured Parties and the Canadian Secured Parties have a first priority lien on the Collateral (as defined in the Revolver Facility, the “ Revolver First Lien Collateral”) and a junior lien on the Additional Collateral and the Hedging Secured Parties have a second priority lien on the Revolver First Lien Collateral and a further junior lien on the Additional Collateral.

  • No U.S. Secured Party has any fiduciary relationship or duty to any U.S. Loan Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship between the U.S. Secured Parties and the U.S. Loan Parties by virtue of, any U.S. Loan Document or any transaction contemplated therein.

  • Exercise on behalf of the US Secured Parties and the Canadian Secured Parties, as applicable, all of its other rights and remedies under this Agreement, the other Loan Documents and Applicable Law, in order to satisfy all of the Secured Obligations.

  • A Lender may cure its status as a Non-Funding Lender under clause (a) of the definition of “Non-Funding Lender” if such Lender fully pays to the Administrative Agent, on behalf of the applicable U.S. Secured Parties, the Aggregate Excess Funding Amount, plus all interest due thereon, and timely funds the next U.S. Revolving Loan required to be funded by such Lender or makes the next reimbursement required to be made by such Lender.

  • The Administrative Agent shall have received all filings and recordations that are necessary to perfect the security interests of the Administrative Agent, on behalf of the US Secured Parties and the Canadian Secured Parties in the Collateral and the Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that upon such filings and recordations such security interests constitute valid and perfected first priority Liens thereon (subject to Permitted Liens).


More Definitions of U.S. Secured Parties

U.S. Secured Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Lenders, the US Hedge Banks, the US Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 12.5, any other holder from time to time of any US Secured Obligations and, in each case, their respective successors and permitted assigns.
U.S. Secured Parties the collective reference to the Lenders under the U.S. Facilities, the Agents, the Qualified Counterparties under Specified Agreements entered into by the U.S. Borrower, the U.S. Co-Borrower or any Subsidiary Guarantor and the U.S. Issuing Lenders.
U.S. Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, each other Agent, the U.S. Lenders and each party to a Permitted U.S. Hedging Agreement if such person executes and delivers to the Administrative Agent a letter agreement in form and substance reasonably acceptable to the Administrative Agent pursuant to which such person (i) appoints the Collateral Agent as its agent under the applicable Loan Documents and (ii) agrees to be bound by the provisions of Sections 11.03 and 11.09.
U.S. Secured Parties shall have the meaning assigned to such term in the U.S. Security Agreement.
U.S. Secured Parties means the Term Loan Secured Parties and the U.S. Revolver Secured Parties, or any or all of them, as the case may be.
U.S. Secured Parties means, collectively, the Agent, the U.S. Lenders, the U.S. Bank, any U.S. Letter of Credit Issuer, the Indemnified Persons and each of the Agent, any U.S. Lender or any Affiliate of the Agent or such U.S. Lender to which is owed any Designated Bank Products Obligations, in each case in its capacity as an obligee of U.S. Obligations.