Common Transaction Security definition

Common Transaction Security means any Transaction Security which to the extent legally possible and subject to any Agreed Security Principles:
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Common Transaction Security means any Transaction Security which, to the extent legally possible and subject to the Agreed Security Principles:
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Common Transaction Security means any Transaction Security which to the extent legally possible is created in favour of the Security Agent as trustee for the other Secured Parties in respect of their Liabilities and which ranks in the order of priority contemplated in Clause 2.2 (Transaction Security)].
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Examples of Common Transaction Security in a sentence

  • In this report, community space refers to long- term spaces, owned or leased, used by mission-driven organizations to deliver their programs and services.

  • There remains considerable debate regarding the measurement and dimensions of organizational culture (e.g., Detert et.

  • General The Senior Lenders and the Mezzanine Lenders (among others) both benefit from the Senior Loan Security (which as a result is also referred to herein as the Common Transaction Security).

  • See the section entitled "The key characteristics of the Senior Loan Security" for more details.General The Senior Lenders and the Mezzanine Lenders (among others) both benefit from the Senior Loan Security (which as a result is also referred to herein as the "Common Transaction Security").

  • No Senior Finance Party may take any enforcement action against any Debtor in relation to any of the Senior Facility Liabilities or instruct the Common Security Agent to enforce the Common Transaction Security as a result of a Senior Loan Event of Default if that Senior Loan Event of Default is a Curable Default, until the expiry of the applicable Grace Period, and if, within the Grace Period, the Mezzanine Lenders have made the necessary Cure Payment to remedy that Senior Loan Event of Default.

  • Other improvements were observed,e.g. in the timing of caesarian sections in Makoni and of post-abortion care services at MPH.

  • Subject to the restrictions summarised below in “—Restriction on Senior Finance Party Enforcement Action”, the Instructing Group (acting through the relevant facility agent) may, pursuant to the Intercreditor Agreement, give the Common Security Agent instructions as it sees fit with respect to enforcement of any Security created or expressed to be created pursuant to any Common Security Document (the Common Transaction Security) upon the Common Transaction Security becoming enforceable.

  • General The Senior Lenders and the Mezzanine Lenders (among others) both benefit from the Senior Loan Security (which as a result is also referred to herein as the "Common Transaction Security").

  • On the basis of the Restructuring Programme, the realisation value of the Common Transaction Security does not secure the full amount of the outstanding Secured Obligations, meaning that a part of the Notes Liabilities are qualified as unsecured restructuring debt and is subject debt restructuring measures as set out in the Restructuring Programme.

  • An in-depth study can be carried out to examine the perception of both Egyptian and Saudi EFL of the English culture and community.


More Definitions of Common Transaction Security

Common Transaction Security means any Transaction Security that is created in favor of the Security Agent for the benefit of the Secured Parties in respect of the Secured Liabilities and that ranks (or is intended or purported to rank) in the order of priority contemplated in Section 2.2.
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Common Transaction Security means the Security created or evidenced or expressed to be created or evidenced under or pursuant to the Common Transaction Security Documents.
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Common Transaction Security is a reference to the Security constituted pursuant to this Debenture; and
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Related to Common Transaction Security

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

  • Private Placement Transaction means a “limited offering” as defined from time to time in Rule 17j-l under the 1940 Act or any applicable successor provision. Currently, this means an offering exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or 4(6) or Rule 504, 505 or 506 under that Act, including hedge funds.

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Transaction Security Documents means each of the documents listed as being a Transaction Security Document in paragraph 2(e) of Part I of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement and any document required to be delivered to the Administrative Agent under paragraph 3(d) of Part II of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement together with any other document entered into by any Obligor creating or expressed to create any Security over all or any part of its assets in respect of the obligations of any of the Obligors under any of the Finance Documents (and any other Debt Documents).

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Acquisition Transaction has the meaning set forth in Section 5.09(a).

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • Business Combination Transaction means:

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Qualified Securitization Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or any of its Restricted Subsidiaries may sell, convey or otherwise transfer to:

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Acquisition Transaction Announcement means (i) the announcement of an Acquisition Transaction or an event that, if consummated, would result in an Acquisition Transaction, (ii) an announcement that Counterparty or any of its subsidiaries has entered into an agreement, a letter of intent or an understanding designed to result in an Acquisition Transaction, (iii) the announcement of the intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include, an Acquisition Transaction, (iv) any other announcement that in the reasonable judgment of the Calculation Agent may result in an Acquisition Transaction, or (v) any announcement of any change or amendment to any previous Acquisition Transaction Announcement (including any announcement of the abandonment of any such previously announced Acquisition Transaction, agreement, letter of intent, understanding or intention). For the avoidance of doubt, announcements as used in the definition of Acquisition Transaction Announcement refer to any public announcement whether made by the Issuer or a third party.

  • Reorganization Securities has the meaning set forth in Section 6.9 hereof.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognised exchange which holds the rights to the securities and the agreement does not allow a counterparty to transfer or pledge a particular security to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities and a reverse repurchase agreement for the counterparty buying them;