General Security Agreement Sample Clauses
General Security Agreement. You agree and covenant that if you are in default of this Agreement or any livestock and/or financial arrangements [between us, you and/or a Guarantor] (or in any event if you consent in writing) THEN at any time you will upon request by us, and whether or not we have made a request pursuant to clause 21.1 above:
(a) grant to us a Security Interest over all or any part of your present and after acquired personal property belonging to each and every one of the persons described as Xxxxxx including all livestock which is not already secured by this Livestock Agreement; and
(b) execute and deliver to us a General Security Agreement granting, and giving effect to, the Security Interest in clause 21.2(a) and all such transfers, assignments, securities, instruments and other deeds in such form as we direct for us to perfect, or otherwise obtain such Security Interest over part or all of such property.
General Security Agreement. For value received, the Tenant hereby grants to the Landlord a security interest (the “Security Interest”) in all presently owned and hereafter acquired personal property of the Tenant of whatsoever nature and kind and wheresoever situate and all proceeds thereof and therefrom, renewals thereof, accessions thereto and substitutions therefor, (all of which are herein collectively called the “Collateral”), including, without limiting the generality of the foregoing, all the presently owned or held and hereafter acquired right, title and interest of the Tenant in and to all goods (including all accessories, attachments, additions and accessions thereto), chattel paper, documents of title (whether negotiable or not), instruments, intangibles, licenses, money, securities, and all:
(a) inventory of whatsoever nature and kind and wheresoever situate;
(b) equipment (other than inventory) of whatsoever nature and kind and wheresoever situate, including, without limitation, all machinery, tools, apparatus, plant, furniture, fixtures and vehicles of whatsoever nature and kind;
(c) book accounts and book debts and generally all accounts, debts, dues, claims, actions and demands of every nature and kind howsoever arising or secured including letters of credit, letters of guarantee and advices of credit, which are now due, owing or accruing or growing due to or owned by or which may hereafter become due, owing or accruing or growing due to or owned by the Tenant;
(d) deeds, documents, writings, papers, books of account and other books relating to or being records of debts, chattel paper or documents of title or by which such are or may hereafter be secured, evidenced, acknowledged or made payable;
(e) contractual rights and insurance claims and all goodwill; and
(f) monies other than trust monies lawfully belonging to others; as general and continuing security for payment, performance and satisfaction of each and every obligation, indebtedness and liability of the Tenant to the Landlord, present or future, direct or indirect, absolute or contingent, matured or not, extended or renewed, wheresoever and howsoever incurred, and any ultimate unpaid balance thereof, including obligations of the Tenant under this Lease (all of which obligations, indebtedness and liabilities are herein collectively called the “Obligations”). The Tenant confirms and agrees that the Security Interest is complete and valid without the necessity of any other or further documentation in respect the...
General Security Agreement. This Trademark Security Agreement has been entered into in conjunction with the provisions of the General Security Agreement. Each Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Collateral Agent with respect to the Collateral are more fully set forth in the General Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein.
General Security Agreement. In consideration of BLACK FOREST INTERNATIONAL, LLC, having an office at c/o BCGU, LLC, 2000 Xxxxx xxx Xxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxx 00000, (the “Secured Party”) heretofore or hereafter (1) extending or agreeing to extend any credit or other financial accommodation to or relying on any guaranty, endorsement or other assurance of payment of EACH UNDERSIGNED PERSON, each of which is an entity and is organized under the law as indicated in its signature block appearing at the end of this Agreement and has an address for notice purposes at 3000 Xxxx Xxxxxx, Suite 403, Dallas, Texas 75205, (individually and collectively, the “Debtor”) or (2) agreeing to any direct or indirect extension, renewal, refinancing or other modification or replacement of or waiving or forbearing from exercising any right, remedy or power relating to any obligation heretofore or hereafter arising or accruing as a result of any such credit or other financial accommodation, and for other valuable consideration, the receipt and sufficiency of which are conclusively acknowledged by the Debtor, the Debtor jointly with each other Debtor and severally agrees with the Secured Party as follows:
General Security Agreement the General Security Agreement by each Canadian Loan Party in favor of the Administrative Agent, for the benefit of the Secured Parties.
General Security Agreement. The Corporation hereby confirms that the security interests created on its assets pursuant to the GSA shall remain in full force and effect. For greater certainty, the security interests thereby created shall secure the performance by the Corporation of its obligations under the Guarantee and this Agreement.
General Security Agreement. The “General Security Agreement” means a General Security Agreement, dated ___________ 20__, from the Debtor to the Secured Party.
General Security Agreement. The Bank shall have received a general security agreement (the "General Security Agreement") duly executed by the Borrower together with - UCC-1 financing statements - UCC-3 termination statements, if required - insurance certificate naming the Bank as loss payee - an assignment to the Bank of the Ex-Im Bank insurance policy (to the extent Eligible Foreign Accounts Receivable)
General Security Agreement. The Security shall not extend or apply to the last day of the term of any lease or sublease or any agreement for a lease or sublease, now held or hereafter acquired by the Guarantor LP in respect of real property, but the Guarantor LP shall stand possessed of any such last day upon trust to assign and dispose of it as the Bond Trustee may direct.
General Security Agreement. This shall be a continuing guarantee, and shall cover and secure any ultimate balance owing to the Secured Parties, including all costs, charges and expenses which any Secured Party or the Collateral Agent may incur in enforcing or obtaining payment of the sums of money due to the Secured Parties from the Issuer either alone or in conjunction with any other corporation, person or persons, or otherwise howsoever, or attempting to do so. The Collateral Agent shall not be obliged to seek any recourse against the Issuer or other persons or the securities it may hold before being entitled to payment from the Company of all and every Obligations hereby guaranteed. The Company hereby renounces the benefits of discussion and division. The Company renounces to claim against, or set up against, the Collateral Agent any right which the Company may have to be subrogated in any of the rights, hypothecs, privileges and other security held from time to time by the Collateral Agent. Every certificate issued under the hand of a duly authorised officer of the Collateral Agent, purporting to show the amount at any particular time due and payable to the Collateral Agent, and covered by this guarantee, shall be received as conclusive evidence (in the absence of manifest error) as against the Company that such amount is at such time so due and payable to the Collateral Agent and is covered hereby.