Amendment to Security Agreements. Each of the Borrower Security Agreement, the Subsidiary Security Agreement and the Pledge Agreement are hereby amended by inserting in Section 1 thereof the following definitions:
Amendment to Security Agreements. The Security Agreements are hereby amended by deleting the definitions of “Obligations” in Section 1 thereof and replacing it with the following:
Amendment to Security Agreements. (a) The Company and the Guarantors shall not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Security Agreements in any way that would be adverse to the Holders in any material respect except in the following circumstances:
(i) to the extent permitted by the Intercreditor Agreement;
(ii) to effectuate a release of any part of the Second Lien Collateral Agent’s Liens upon the Collateral in accordance with Section 14.02; or
(iii) with the written consent of Holders of a majority of the principal amount of Outstanding Notes or without the consent of any Holder in accordance with Section 9.01.
(b) Notwithstanding clause (a)(1), an amendment, waiver or consent granted by the Credit Facility Agent will not similarly modify the Security Agreements if it would have the effect of imposing additional duties or obligations on the Second Lien Collateral Agent (or that otherwise adversely affects the rights of the Second Lien Collateral Agent in its individual capacity) without its consent or permitted additional Liens on the Collateral that are not permitted under the terms of this Indenture.
Amendment to Security Agreements. Borrower hereby confirms that the term “Obligations” as used in the Security Agreement, includes, without limitation, the obligations now existing or hereinafter arising under or in respect of the H Licensing Guaranty and reaffirms and pledges, hypothecates, assigns, transfers and sets over to Bank and grants Bank a continuing security interest in all the Collateral, now owned or at any time hereinafter acquired by Borrower or in which Borrower now or has or at any time in the future may acquires any right, title or interest.
Amendment to Security Agreements. The First Amendment to Security Agreement in the form of Annex "B" hereto, executed by Borrower.
Amendment to Security Agreements. An Amendment to that certain Amended and Restated Security Agreement dated as of April 6, 2001, by and among Agent and the Companies, in form and substance satisfactory to Agent, evidencing, among other things, a Lien granted by W&B to Agent and the Banks in and to the Asset Sale Note;
Amendment to Security Agreements. The definition of “Secured Parties” in each Security Agreement is hereby restated in its entirety as follows:
Amendment to Security Agreements. 3.1 A new Section 15 is hereby add to the end of the U.S. Security Agreement to read as follows:
Amendment to Security Agreements. The definition of the term Obligations contained in each of the Security Agreements is hereby deleted in its entirety and replaced as follows:
Amendment to Security Agreements. Effective as of the date hereof, each of the Security Agreements is hereby amended to add a new Section 6.12 thereto, which section shall read as follows:
