Secured Creditors definition

Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

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Secured Creditors shall have the meaning provided in the recitals of this Agreement.

Secured Creditors means, collectively, the Administrative Agents, the Collateral Agent, the Lenders, the Issuing Banks and each Secured Bank Product Provider.

Examples of Secured Creditors in a sentence

• The Parties agree that where any Secured Creditor Representative on behalf of its Secured Creditor(s) directs the Security Agent in response to, or in connection with, an ICA Proposal, an Entrenched Right or a Direction Notice, such Secured Creditor or, on behalf of such Secured Creditor, its Secured Creditor Representative will have no fiduciary duty to any other Secured Creditor.

• If the Security Agent is not instructed to serve a Determination Dissenting Notice or Entrenched Right Dissenting Notice within 10 Business Days of receipt of the relevant ICA Proposal by the persons specified in Clause 15.7 (ICA Voting Request), the Security Agent and the Qualifying Secured Creditors or, as the case may be, Secured Creditors shall be deemed to have consented to the voting category and the Decision Period proposed in the relevant ICA Proposal.

• Additional Secured Creditor The Secured Creditors and the other Parties hereto from time to time hereby authorise the Security Agent to execute each Accession Memorandum (without liability therefor) and agree to be bound by the terms of each such Accession Memorandum.

• The Appropriate Expert (acting jointly, if comprising more than one individual) having regard to all the circumstances and facts that he/she considers relevant must determine the relevant voting category in respect of the relevant ICA Proposal or whether such ICA Proposal gives rise to an Entrenched Right affecting the relevant Secured Creditor(s).

• Except where expressly provided in this Deed, nothing contained in this Deed is intended to or shall impair, as between the Subordinated Creditor, any Obligor and any Secured Creditor, the obligations of the Subordinated Creditor or any Obligor under the Finance Documents to which such Secured Creditor is a Party, including the obligation of the Subordinated Creditor and of each Obligor to pay the Secured Creditors all of the Secured Obligations owing by it.

More Definitions of Secured Creditors

Secured Creditors has the meaning provided in the Security Agreement.

Secured Creditors shall have the meaning set forth in the recitals hereto.

Secured Creditors means, collectively, the Lenders (including each Issuing Lender) and the Administrative Agent, any other holder from time to time of any of the Secured Obligations and, in each case, their respective successors and assigns.

Secured Creditors means the Lender Creditors and the Other Creditors.

Secured Creditors has the meaning set forth in the Recitals hereto.

Secured Creditors shall have the meaning assigned that term in the Pledge Agreement.

Secured Creditors. “Required Lenders” or any similar terms shall, unless the context clearly otherwise indicates, include each of the Agents in their respective individual capacity. Each of the Agents may accept deposits from, lend money to, and generally engage in any kind of banking, trust or other business with any Credit Party or any Affiliate of any Credit Party as if it were not performing the duties specified herein, and may accept fees and other consideration from the Borrower or any other Credit Party for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.