KudoZ home » English to French » Law: Contract(s)

perfected first priority security interest

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
22:45 Aug 1, 2006
English to French translations [PRO]
Bus/Financial - Law: Contract(s) / Credit Agreement
English term or phrase: perfected first priority security interest
(j) Covenant to Guarantee Obligations and Give Security. (v) Upon the request of the Collateral Agent following the occurrence and during the continuance of an Event of Default, (w) upon the formation or acquisition of any new direct or indirect Subsidiaries by any Loan Party necessary to comply with the Guarantee and Collateral Requirement, (x) upon the acquisition of any property by any Loan Party, and such property, in the reasonable judgment of the Collateral Agent, shall not already be subject to a perfected first priority security interest or a registered first ranking hypothec in favor of the Collateral Agent for the benefit of the Secured Parties, or (z) as otherwise shall be necessary to comply with the Guarantee and Collateral Requirement, then in each case at the Borrower’s expense, all subject to and only to the extent required to comply with the Guarantee and Collateral Requirement:
xabi
Guadeloupe
Local time: 03:21
Advertisement



Discussion entries: 1





  

Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search