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

• Until any such payments are so deposited, such payments shall be held in trust by such Grantor for and as the property of the Administrative Agent, for the benefit of the Administrative Agent and the other Secured Creditors hereunder.

• To the extent permitted by any such requirement of law, the Administrative Agent on behalf of the Secured Creditors (or certain of them) may bid for and become the purchaser (by bidding in Secured Obligations or otherwise) of the Collateral or any item thereof offered for sale in accordance with this Section without accountability to the relevant Grantor (except to the extent of surplus money received as provided in Section 8.05).

• All agreements, statements, representations and warranties made by each Grantor herein or in any certificate or other instrument delivered by such Grantor or on its behalf under this Agreement shall be considered to have been relied upon by the Secured Creditors and shall survive the execution and delivery of this Agreement, the other Loan Documents, any Banking Services Agreement and any Designated Hedge Document regardless of any investigation made by the Secured Creditors on their behalf.

• No creditor of any Grantor or any of its Affiliates, or other Person claiming by, through or under any Grantor or any of its Affiliates, other than the Administrative Agent and the other Secured Creditors, and their respective successors and assigns, shall be a beneficiary or third-party beneficiary of this Agreement or otherwise shall derive any right or benefit herefrom.

• It is the desire and intent of each Grantor, the Administrative Agent and the other Secured Creditors that this Agreement shall be enforced as a full recourse obligation of each Grantor to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought.

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 the Lender Creditors and the Other Creditors.

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 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.