Security and Guarantee Principles definition

Security and Guarantee Principles shall have the meaning set forth in Exhibit Q.
View Source

Examples of Security and Guarantee Principles in a sentence

  • This Exhibit Q addresses the manner in which the Security and Guarantee Principles will impact the Guarantees and security interests proposed to be taken pursuant to the Foreign Security Documents in relation to the Transactions.

  • This Exhibit N addresses the manner in which the Security and Guarantee Principles will impact the Guarantees and security interests proposed to be taken in jurisdictions outside of the United States; provided, that for the avoidance of doubt, (i) under no circumstances shall a security interest be granted in any property or assets that constitute an Excluded Asset and (ii) any obligation to grant a security interest hereunder shall be subject to the definition of Excluded Asset.

  • The Security and Guarantee Principles embody recognition by all parties that there may be certain legal and practical difficulties in obtaining Guarantees and security interests from all Guarantors that are Foreign Subsidiaries in jurisdictions in which such Guarantors are incorporated and/or it has been agreed that such Guarantees and security interests will be granted.

  • The Security and Guarantee Principles embody recognition by all parties that there may be certain legal and practical difficulties in obtaining Guarantees and security interests from all Guarantors in every non-U.S. jurisdiction in which Guarantors are incorporated and/or it has been agreed that Guarantees and security interests will be granted.

Related to Security and Guarantee Principles

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Guarantee Priority of Payments means the priority of payments relating to moneys received by the Cash Manager for and on behalf of the Guarantor and moneys standing to the credit of the Guarantor Accounts, to be paid on each Guarantor Payment Date in accordance with the Guarantor Agreement.

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date of this Agreement executed and delivered by each Loan Party, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance reasonably satisfactory to Administrative Agent.

  • Collateral and Guarantee Requirement means, at any time, the requirement that:

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.