Notes Obligations definition
Examples of Notes Obligations in a sentence
All amounts on deposit in the Project Accounts will constitute the property of the Issuer, the Subsidiary Guarantors or Fluidstack (as applicable), will constitute a part of the Collateral, and will not constitute payment of any Notes Obligations or any other obligation of the Issuer or the Subsidiary Guarantors.
The Issuer hereby agrees, and shall cause the Subsidiary Guarantors to agree, that the Collateral Agent shall hold the Collateral (directly or through co-trustees or agents) on behalf of and for the benefit of all of the Holders and the other holders of Notes Obligations.
Each of the Trustee, the Collateral Agent and the Holders, by accepting any Notes and the Subsidiary Guarantees, acknowledges that, as more fully set forth in the Collateral Documents, the Collateral as now or hereafter constituted shall be held for the benefit of all the holders of Notes Obligations, the Collateral Agent and the Trustee, and the Lien created by Collateral Documents is subject to and qualified and limited in all respects by the Collateral Documents and actions that may be taken thereunder.