Reference to Secured Parties Sample Clauses

The 'Reference to Secured Parties' clause defines how the term 'Secured Parties' is used and interpreted throughout the agreement. Typically, this clause clarifies that 'Secured Parties' includes all lenders, agents, and other parties who hold a security interest or benefit from the collateral under the agreement. For example, it may specify that any rights, obligations, or protections granted to 'Secured Parties' apply collectively to all such entities. The core function of this clause is to ensure clarity and consistency in identifying the parties entitled to security interests, thereby preventing ambiguity or disputes over who is covered by the agreement's protections and obligations.
Reference to Secured Parties. In each case herein where any payment or distribution is to be made or notice is to be given to the “Secured Parties”, (i) such payments and distributions in respect of the Lenders shall be made to the Collateral Agent and (ii) such notices in respect of the Lenders shall be made to the Administrative Agent. Any reference herein to notice or other delivery to be provided to S&P shall no longer be applicable if S&P is no longer rating any Loans (whether or not so specified herein).
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Reference to Secured Parties. In each case herein where any payment or distribution is to be made or notice is to be given to the “Secured Parties”, (i) such payments and distributions in respect of the Lenders shall be made to the Collateral Agent and (ii) such notices in respect of the Lenders shall be made to the Administrative Agent.
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Reference to Secured Parties. (a) In each case herein where any payment or distribution is to be made or notice is to be given to the "Secured Parties", (i) such payments and distributions in respect of the Lenders shall be made to the Administrative Agent and (ii) such notices in respect of the Lenders (other than any Borrower Affiliated Lender) shall be made to the Administrative Agent. (b) Any reference herein to notice or other delivery to be provided to any Lender or S&P shall no longer be applicable to that Lender after the applicable Loan Payoff Date (whether or not so specified herein). (c) Any reference herein to a consent to be obtained from any Lender or S&P shall no longer be applicable to that Lender after the applicable Loan Payoff Date (whether or not so specified herein). (d) Any reference herein to notice or other delivery to be provided to S&P shall no longer be applicable if S&P is no longer rating any of the Loans (whether or not so specified herein).
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Reference to Secured Parties. (a) In each case herein where any payment or distribution is to be made or notice is to be given to the “Secured Parties” or the Subordinated Noteholders, (i) such payments and distributions in respect of the Lenders and the Subordinated Noteholders, as applicable, shall be made to the Collateral Agent for distribution to the Lenders or the Subordinated Noteholders, as applicable, (ii) such notices in respect of the Lenders shall be made to the Administrative Agent and (iii) such notices in respect of the Subordinated Noteholders shall be made to the Collateral Agent (together with an instruction to the Collateral Agent to forward such notice to the Subordinated Noteholders). (b) Any reference herein to notice or other delivery to be provided to any Lender or S&P shall no longer be applicable after the Loan Payoff Date if all Commitments have been terminated (whether or not so specified herein). (c) Any reference herein to a consent to be obtained from any Lender or S&P shall no longer be applicable after the Loan Payoff Date if all Commitments have been terminated (whether or not so specified herein). (d) Any reference herein to notice or other delivery to be provided to S&P shall no longer be applicable if S&P is no longer rating any Loans (whether or not so specified herein).
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Reference to Secured Parties. In each case herein where any payment or distribution is to be made or notice is to be given to "Secured Parties," such payments, distributions and notices shall be made to the Indenture Trustee.
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Related to Reference to Secured Parties

  • Reference to and Effect Upon the Credit Agreement (a) The Credit Agreement and the other Loan Documents shall remain in full force and effect, as amended hereby, and are hereby ratified and confirmed. (b) The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of Agent or any Lender under the Credit Agreement or any Loan Document, nor constitute a waiver or amendment of any provision of the Credit Agreement or any Loan Document, except as specifically set forth herein. Upon the effectiveness of this Amendment, each reference in the Credit Agreement to “this Credit Agreement,” “hereunder,” “hereof,” “herein” or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby.