Common use of Agreement With Respect to Collateral Clause in Contracts

Agreement With Respect to Collateral. Debtor and Administrative Lender, on behalf of itself and each of the Lenders party to the Credit Agreement, agree that to the extent that any of the Collateral may be deemed to be a Fixture as opposed to Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement, it is the intention of each of these parties that such Collateral be deemed to be Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement and such Collateral not be deemed to be a Fixture.

Appears in 3 contracts

Samples: Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc)

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Agreement With Respect to Collateral. Each Debtor and Administrative Lender, on behalf of itself and each of the Lenders party to the Credit Agreement, Agent agree that to the extent that any of the Collateral may be deemed to be a Fixture as opposed to Equipment, Inventory Inventory, or any other form of Collateral that may be perfected by the filing of a UCC financing statement, it is the intention of each of these parties Debtors, Administrative Agent and Secured Parties that such Collateral be deemed to be Equipment, Inventory Inventory, or any other form of Collateral that that, to the extent not prohibited by Law, may be perfected by the filing of a UCC financing statement and such Collateral not be deemed to be a Fixture.

Appears in 1 contract

Samples: Security Agreement (Carbon Natural Gas Co)

Agreement With Respect to Collateral. Debtor and Administrative LenderAgent, on behalf of itself and each of the Lenders party to the Credit Agreement, agree that to the extent that any of the Collateral may be deemed to be a Fixture as opposed to Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement, it is the intention of each of these parties that such Collateral be deemed to be Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement and such Collateral not be deemed to be a Fixture.

Appears in 1 contract

Samples: Security Agreement (World Access Inc /New/)

Agreement With Respect to Collateral. Debtor Borrower and Administrative Lender, on behalf of itself and each of the Lenders party to the Credit Agreement, Secured Party agree that to the extent that any of the Collateral may be deemed to be a Fixture as opposed to Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement, it is the intention of each of these parties that such Collateral be deemed to be Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement and such Collateral not be deemed to be a Fixture.

Appears in 1 contract

Samples: Security Agreement (Viseon Inc)

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Agreement With Respect to Collateral. Each Debtor and Administrative Lender, on behalf of itself and each of the Lenders party to the Credit Agreement, Secured Party agree that to the extent that any of the Collateral may be deemed to be a Fixture as opposed to Equipment, Inventory or any other form of Collateral that may be maybe perfected by the filing of a UCC financing statement, it is the intention of each of these parties that such Collateral be deemed to be Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement and such Collateral not be deemed to be a Fixture. No Debtor shall agree with any other Person to treat any such Collateral as a Fixture.

Appears in 1 contract

Samples: Security Agreement (Overhill Farms Inc)

Agreement With Respect to Collateral. Debtor and Administrative Lender, on behalf of itself and each Each of the Lenders party to the Credit Agreement, agree Company Parties and Secured Party agrees that to the extent that any of the Collateral may be deemed to be a Fixture as opposed to Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement, it is the intention of each of these parties that such Collateral be deemed to be Equipment, Inventory or any other form of Collateral that may be perfected by the filing of a UCC financing statement and such Collateral not be deemed to be a Fixture.

Appears in 1 contract

Samples: Security Agreement (Quiznos Corp)

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