Examples of U.S. Secured Party in a sentence
No determination or redetermination by any U.S. Loan Party or L/C Issuer and no other currency conversion shall change or release any obligation of any U.S. Loan Party or of any U.S. Secured Party (other than the Administrative Agent and its Related Persons) under any U.S. Loan Document, each of which agrees to pay separately for any shortfall remaining after any conversion and payment of the amount as converted.
Ito ay naatasang duminig sa sakdal/demanda at magsagawa ng paglilitis.
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.
No U.S. Secured Party shall be under any obligation to marshal any Property in favor of any U.S. Loan Party or any other party or against or in payment of any U.S. Secured Obligation.
Previously, it was considered that there may be a separation of duties that would be “minor” and covered by this Committee, and “major” and would be covered by this Committee in addition to the Committee on Academic Standards, Admissions, and Financial Aid.
The Administrative Agent and the U.S. Collateral Agents may, upon any term or condition it specifies, delegate or exercise any of its rights, powers and remedies under, and delegate or perform any of its duties or any other action with respect to, any U.S. Loan Document by or through any trustee, co-agent, employee, attorney-in-fact and any other Person (including any U.S. Secured Party).
No waiver of this Agreement or consent to any departure by any U.S. Secured Party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section 6.08, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given.
Each Guarantor agrees that its guaranty hereunder shall continue to be effective or shall be automatically reinstated, as the case may be, if at any time and for any reason payment, or any part thereof, of any Guaranteed Obligation is rescinded or must otherwise be restored by the Administrative Agent or any other U.S. Secured Party whether upon the bankruptcy or reorganization of the U.S. Borrower, any other U.S. Loan Party, or otherwise, notwithstanding the occurrence of a Scheduled Maturity Date.
U.S. Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Agreement or the U.S. Security Documents, and U.S. Collateral Agent shall not by reason of this Agreement or the U.S. Security Documents be a trustee for any U.S. Secured Party or have any other fiduciary obligation to any U.S. Secured Party (including any obligation under the Trust Indenture Act of 1939, as amended).
Without limiting the generality of the foregoing, the extension of neither the Term Loan Maturity Date nor the U.S. Revolving Credit Termination Date shall be construed as a waiver of any Default, regardless of whether the Agents or any other U.S. Secured Party may have had notice or knowledge of such Default at the time.