Additional Security Provisions Sample Clauses

Additional Security Provisions. (a) The Borrower acknowledges and agrees that the Obligations undertaken by it under this Agreement involve the provision of collateral security for and that such provision of collateral security for the Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the Borrower understands and agrees, to the fullest extent permitted under applicable Law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the Borrower shall remain obligated hereunder (including with respect to the collateral security provided by the Borrower herein) and the enforceability and effectiveness of this Agreement and the liability of the Borrower, and the rights, remedies, powers and privileges of the Administrative Agent and the other Lenders under this Agreement and the other Loan Documents shall not be affected, limited, reduced, discharged or terminated in any way, without regard to, and the Borrower hereby expressly waives to the fullest extent permitted by law any defense now or in the future arising by reason of, (A) the illegality, invalidity or unenforceability of any Loan Document, any of the Obligations or any other collateral security therefor or guarantee or right of offset with respect thereto at any time or from time to time held by the Administrative Agent or any other Lender; (B) any defense, set-off or counterclaim (other than a defense of payment or performance) which may at any time be available to or be asserted by any Borrower against the Administrative Agent or any other Lender; (C) the insolvency, bankruptcy arrangement, reorganization, adjustment, composition, liquidation, disability, dissolution or lack of power of the Borrower or the failure of the Administrative Agent or any other Lender to file or enforce a claim in bankruptcy or other proceeding with respect to any Person; or any sale, lease or transfer of any or all of the assets of the Borrower, or any changes in the shareholders of the Borrower; (E) any failure of the Administrative Agent or any other Lender to exhaust any Collateral for all or any part of the Obligations, to pursue or exhaust any right, remedy, power or privilege it may have against the or to take any action whatsoever to mitigate or reduce the Borrower’s liability under this Agreement; or (F) any other circumstance or act whatsoever, including any action or omission (with or without notice to or knowledge o...
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Additional Security Provisions. The dollar value of service available to Purchaser shall be limited to the dollar amount of the prepayment or security deposit available to Provider. The amount of any required prepayment, cash security deposit, or letter of credit is outlined in Exhibit A. Any letter of credit shall be substantially similar in form to Exhibit A to this Agreement and shall be from a financial institution reasonable acceptable to Provider.
Additional Security Provisions. (a) Each Borrower hereby authorizes the Lender, at any time and from time to time, without such Borrower's further signature or authorization, to file financing statements, continuation statements and amendments thereto that describe and include the Collateral, and which contain any other information required by Part 5 of Article 9 of the Uniform Commercial Code for sufficiency or the applicable filing office to properly file any such financing statement, continuation statement or amendment, including whether such Borrower is an organization, the type of organization and any organization identification number issued to such Borrower. Each Borrower agrees to furnish any such information to the Bank promptly upon request.
Additional Security Provisions. The Client acknowledges and agrees that it is responsible for the security of any email systems it uses to communicate with Argentex, including assuring that its systems (whether provided directly by Client or through a third party) are not accessed by an unauthorised third party. The Client represents and warrants that:

Related to Additional Security Provisions

  • Additional Security This guarantee is in addition to and is not in any way prejudiced by any other guarantee or security now or subsequently held by any Finance Party.

  • Additional Security Agents (a) The Security Agent may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it:

  • Additional Indemnity In addition to, and without regard to any limitations on, the indemnification provided for in Section 1 of this Agreement, the Company shall and hereby does indemnify and hold harmless Indemnitee against all Expenses, judgments, penalties, fines and amounts paid in settlement actually and reasonably incurred by him or on his behalf if, by reason of his Corporate Status, he is, or is threatened to be made, a party to or participant in any Proceeding (including a Proceeding by or in the right of the Company), including, without limitation, all liability arising out of the negligence or active or passive wrongdoing of Indemnitee. The only limitation that shall exist upon the Company’s obligations pursuant to this Agreement shall be that the Company shall not be obligated to make any payment to Indemnitee that is finally determined (under the procedures, and subject to the presumptions, set forth in Sections 6 and 7 hereof) to be unlawful.

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