Example ContractsClausesGerman Parallel Debt.
German Parallel Debt.
German Parallel Debt. contract clause examples

German Parallel Debt” has the meaning specified in Section 11.25.

For purposes of # taking security in, or subject to the laws of, Germany and # ensuring the continued validity of such security, each of the Administrative Agent, the Lenders and the Loan Parties agree:

For purposes of # taking security in, or subject to the laws of, Germany and # ensuring the continued validity of such security, each of the Administrative Agent, the Lenders and the Loan Parties agree:

Each Loan Party irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts equal to its Corresponding Obligations as they may exist from time to time (each a “Parallel Debt”).

. For the purposes of ensuring the validity and enforceability of any security rights governed by Dutch law,

German Parallel Debt” has the meaning specified in [Section 11.25].

German Parallel Debt” has the meaning specified in [Section 11.25].

For purposes of # taking security in, or subject to the laws of, Germany and # ensuring the continued validity of such security, each of the Administrative Agent, the Lenders and the Loan Parties agree:

German Parallel Debt” has the meaning specified in Section 11.25.

For purposes of # taking security in, or subject to the laws of, Germany and # ensuring the continued validity of such security, each of the Administrative Agent, the Lenders and the Loan Parties agree:

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