Common use of Transaction Security Clause in Contracts

Transaction Security. Each of the Parties agrees that the Transaction Security shall rank and secure the Credit Facility Liabilities, the Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities).

Appears in 5 contracts

Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

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Transaction Security. Each of the Parties agrees that the Transaction Security shall rank and secure the Credit Facility Liabilities, the Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities).

Appears in 2 contracts

Samples: Intercreditor and Security Sharing Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Transaction Security. Each of the Parties agrees that the Transaction Security shall rank and secure the Credit Facility Liabilities, the Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities)) (subject to the terms of this Deed) pari passu and without any preference between them.

Appears in 2 contracts

Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Selina Hospitality PLC)

Transaction Security. Each of the Parties agrees that the Transaction Security shall rank and secure the Credit Facility Liabilities, the Hedging Secured Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities)them.

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

Transaction Security. Each of the Parties agrees that the Transaction Security shall rank and secure the Super Senior Liabilities, the Arranger Liabilities, the Credit Facility Liabilities, the Pari Passu Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities).

Appears in 1 contract

Samples: Agreement

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Transaction Security. Each of the Parties agrees that the Transaction Security shall rank and secure the Credit Facility Liabilities, the Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities).) in the following order:

Appears in 1 contract

Samples: Intercreditor Agreement (Global Ship Lease, Inc.)

Transaction Security. Each of the Parties agrees that the Transaction Security shall rank and secure the Credit Facility Liabilities, Lender Liabilities and the Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities).

Appears in 1 contract

Samples: Intercreditor Agreement (Kosmos Energy Ltd.)

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