Common use of Security and guarantees Clause in Contracts

Security and guarantees. A Secured Party may take, accept or receive the benefit of:

Appears in 3 contracts

Sources: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement

Security and guarantees. A Secured Party may take, accept or receive the benefit of: (a) any Security from the Subordinated Creditor or Group Company in respect of the Secured Obligations in addition to the Transaction Security and the Guarantees if at the same time it is also offered either:

Appears in 1 contract

Sources: Intercreditor Agreement