Transaction Security. Subject to the Legal Reservations, each Security Document to which it is a party validly creates the Security which is expressed to be created by that Security Document and evidences the Security it is expressed to evidence.
Appears in 7 contracts
Sources: Facility Agreement (Kronos Worldwide Inc), Third Amendment Agreement (Kronos International Inc), Fifth Amendment Agreement (Kronos International Inc)
Transaction Security. Subject to the Legal Reservations, each Transaction Security Document to which it is a party validly creates the Security which is expressed to be created by that Transaction Security Document and evidences the Security it is expressed to evidenceevidence provided that no representation or warranty is given concerning whether any Security is of a fixed or floating nature.
Appears in 3 contracts
Sources: Term Facility Agreement (Manchester United PLC), Term Facility Agreement (Manchester United PLC), Revolving Facilities Agreement (Manchester United Ltd.)
Transaction Security. Subject to the Legal ReservationsReservations and Perfection Requirements, each Security Document to which it is a party validly creates the Security which is expressed to be created by that Security Document and evidences the Security it is expressed to evidence.
Appears in 1 contract
Sources: Senior Secured Facility Agreement (Aluminum Corp of China)
Transaction Security. Subject to the Legal ReservationsReservations and applicable Perfection Requirements, each Security Document to which it is a party validly creates the Security which is expressed to be created by that Security Document and evidences the Security it is expressed to evidence.
Appears in 1 contract