Examples of Transaction Securities in a sentence
We give no warranty, guarantee or commitment (express or implied) as to the performance or profitability of any Transaction, Securities or any part thereof.
The Bonds are further secured by the Transaction Securities (as defined below) granted by certain other direct and indirect subsidiaries of the Issuer (the “Pledgors” and, together with the Guarantors, the “Security Providers”).
Except as otherwise expressly set forth in this Agreement to the contrary, for all purposes related to the Transactions including, the right to receive dividends, property, or other distributions from the Company or any other person or entity in respect of, or in exchange for, the Transaction Securities (collectively, the “ Distribution”), the effective date of the sale, conveyance, assignment, and delivery of the Transaction Securities shall be the Agreement Date.
The Security Agent may at any time, acting on instructions of the other Secured Creditors, release any Transaction Securities in accordance with the terms of the Transaction Security Documents and the Security Agent Agreement.
No proceedings relating to the Transaction Securities are pending or, to the knowledge of the Seller, threatened, before any court, arbitrator or administrative or governmental body or authority that would adversely affect the Seller’s right to transfer the Transaction Securities to the Buyer.