Amendment of Security Agreement. (a) Section 6.1 of the Security Agreement shall be amended and restated in its entirety as follows:
Amendment of Security Agreement. Upon the effectiveness of this Amendment in accordance with Section 6 hereof, the Security Agreement is hereby amended as follows:
(a) The definition of "Collateral" in Section 1.01 is hereby amended and restated in its entirety as follows:
Amendment of Security Agreement. Xxxxxx Station and the Company hereby agree that each reference to the Promissory Note (the “Original Note”) in the Security Agreement between Xxxxxx Station and the Company dated as of July 21, 2003 (the “Security Agreement”) shall be deemed to be a reference to the New Note, as defined in this letter agreement, and that the first priority security interest of Xxxxxx Station in the assets of the Company created by the Security Agreement shall be uninterrupted by the substitution of the Note for the Original Note and the New Note for the Note.
Amendment of Security Agreement. Medicis hereby consents to the amendment as of the Termination Effective Date of the Security Agreement by and among Revance and the other parties named therein, dated as of January 24, 2011, to which Medicis is a third party beneficiary to Section 5(h) thereunder, as set forth in the form attached hereto as Schedule 4.4. To implement such consent, Medicis agrees to execute and deliver to Revance the form of amendment to such Security Agreement attached hereto as Schedule 4.4 concurrently with the execution of this Termination Agreement, provided that such amendment shall not be effective until the Termination Effective Date.
Amendment of Security Agreement. Section 4.3(a) of the Security Agreement is hereby amended in its entirety to read as follows:
(a) Conveyance of Interest in Collateral. Sell, lease, assign, transfer, convey, Grant an interest in, exchange or otherwise dispose of any of the Collateral, any part thereof or any interest therein or otherwise cause or permit any of the foregoing to occur; provided, that Debtor may enter into an aircraft charter agreement with a carrier appropriately certified under Part 135 of FAR so long as such charter agreement is subject and subordinate to the Security
Amendment of Security Agreement. Section 2 of the Security Agreement shall be amended by deleting said Section 2 in its entirety and substituting in lieu thereof the following new Section 2 to read in its entirety as follows:
Amendment of Security Agreement. (a) The Security Agreement is hereby amended to insert “(i)” after the words “(b) Deposit Accounts.” and before the first sentence of Section 3.04(b).
(b) The Security Agreement is hereby amended to replace the word “and” before subclause (C) of the last sentence of Section 3.04(b)(ii) with a comma, and to insert the following language before the period at the end thereof: “ and (D) any Deposit Account that holds amounts deposited for purposes of securing letter of credit reimbursement obligations, which liens are permitted pursuant to Section 6.02(t) of the Credit Agreement”.
Amendment of Security Agreement. The definition of “Notes Obligations” in the Security Agreement is hereby deleted and replaced with the following:
Amendment of Security Agreement. The Security Agreement is hereby amended replacing the reference to "the Company" in clause (c) of the second paragraph with a reference to "any Borrower".
Amendment of Security Agreement. (a) All references in the Security Agreement to the “Credit Agreement” shall be deemed to refer to the Amended and Restated Credit Agreement dated as of June __, 2011.
(b) Exhibits A, B, D and E are replaced with the Exhibits A, B, D and E attached to this Amendment.
