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 has the meaning provided in the Security Agreement.

Examples of Secured Creditors in a sentence

• In any event, the recovery of any judgment by Administrative Agent shall be for the ratable benefit of all Secured Creditors, subject to the reimbursement of expenses and costs of Administrative Agent.

• The Obligations, and any of them, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon this Article VI and all dealings between any Borrower or any other Obligor, on the one hand, and the Secured Creditors, on the other hand, likewise shall be conclusively presumed to have been had or consummated in reliance upon this Article VI.

• Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of Required Lenders (or, if so specified by this Agreement, all ​ Lenders), and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans and all other Secured Creditors.

• Administrative Agent will thereafter cause to be distributed on the same day (if payment was actually received by Administrative Agent prior to 5:00 p.m. on such day) like funds relating to the payment of principal or interest or fees ratably to the Secured Creditors entitled thereto.

• Administrative Agent shall have received an executed legal opinion of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, counsel to the Obligors and the Individual Guarantors, which opinion shall be addressed to Administrative Agent and the other Secured Creditors and shall be in form and substance reasonably satisfactory to Administrative Agent.

More Definitions of Secured Creditors

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

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.