Grant of Collateral. The Borrower has good and marketable title to all of the Collateral. The Borrower has taken all actions necessary to perfect its interest in the Collateral transferred by the Transferor. Except as otherwise expressly permitted by the terms of this Agreement, no item of Collateral has been sold, transferred, assigned or pledged by the Borrower to any Person, other than as contemplated by Article II and the Grant of such Collateral to the Collateral Agent, for the benefit of the Secured Parties, pursuant to the terms of this Agreement.
Grant of Collateral. The Loan Parties have good and marketable title to all of the Collateral. Such Loan Party has taken all actions necessary to perfect its interest in the Collateral transferred by the Originator. Except as otherwise expressly permitted by the terms of this Agreement, no item of Collateral has been sold, transferred, assigned or pledged by such Loan Party to any Person, other than as contemplated by Article II and the Grant of such Collateral to the Collateral Agent, for the benefit of the Secured Parties, pursuant to the terms of this Agreement.
Grant of Collateral. To secure the prompt payment and performance of the Obligations, the Borrower pledges, assigns, transfers and grants to the Bank a continuing first priority security interest in the following property of the Borrower (collectively, the "Collateral"):
Grant of Collateral. Section 6.16. of the Agreement is hereby amended by inserting the following phrase immediately following the phrase "Net Loss" contained in the fifth line thereof as follows: " (calculated, with regard to any period encompassing the fiscal quarter ended September 30, 2000, exclusive of a non-cash charge incurred by the Company in such fiscal quarter up to $75,000 in the aggregate relating to the extension of the exercise period of certain options previously granted by the Company)". This SECOND AMENDMENT shall be construed and enforced in accordance with the laws of the State of New York without reference to principles of conflicts of law. Capitalized terms used herein and not otherwise defined herein shall have the same meanings as defined in the Agreement. Except as expressly amended hereby, the Agreement shall remain in full force and effect in accordance with the original terms thereof and is ratified and confirmed. The agreements herein contained are limited specifically to the matters set forth above and do not constitute directly or by implication an amendment or waiver of any other provision of the Agreement or any Default or Event of Default which may occur or may have occurred under the Agreement. The Company hereby represents and warrants that, after giving effect to this SECOND AMENDMENT, (1) no Default or Event of Default exists under the Agreement or any other related document and (2) the representations and warranties contained in Article IV. of the Agreement are true and correct as of the date hereof as if made on the date hereof (unless limited to an earlier date, in which event they shall be true as of such earlier date) after giving effect to this SECOND AMENDMENT. Please be advised that should there be a need for further amendments or waivers with respect to these covenants or any other covenants, those requests shall be evaluated by the Lender when formally requested, in writing, by the Company. This SECOND AMENDMENT may be executed in one or more counterparts, each of which shall constitute an original, but all of which when taken together shall constitute but one SECOND AMENDMENT. This SECOND AMENDMENT shall become effective when duly executed counterparts hereof which, when taken together, bear the signatures of each of the parties hereto shall have been delivered to the Lender.
Grant of Collateral. As collateral security for the performance and prompt payment in full when due (whether at stated maturity, upon acceleration, upon any optional or mandatory prepayment or otherwise) of the Credit Obligations, the Grantor hereby pledges and grants to the Lender, a perfected security interest (subject to no other liens created by Grantor, except Permitted Exceptions and liens in favor of Lender under the Security Documents) in all of the Grantor’s right, title and interest in, to and under the following property and assets, whether now owned or in the future acquired by the Grantor and whether now existing or in the future coming into existence (all of the property and assets described in this Article II, collectively, the “Collateral”):
Grant of Collateral. Assignor hereby Grants to Assignee, absolutely and unconditionally, for the exclusive benefit and security of Assignee, all of Assignor’s rights, title and interests in, to and under, whether now owned or hereafter acquired, the Collateral. All Equity Bridge Loan Proceeds and the other Collateral under this Assignment will be made to Assignee or otherwise in accordance with the payment instructions received from Assignee. Such Grants are made to secure the payment and performance of the Obligations. Upon the occurrence of an Event of Default (past any applicable notice or cure period), the Collateral may be used by Assignee and applied from time to time to pay the outstanding principal balance, accrued interest and other amounts due under the Loan and all other Obligations.
Grant of Collateral. THIS SECTION INTENTIONALLY DELETED.
Grant of Collateral. To secure the prompt payment and performance of the Obligations, Borrower pledges, assigns, transfers, and grants to Fleet a continuing, first priority lien and security interest in the following property of Borrower (the "Collateral"): 15 (a) All domestic accounts (the "Accounts"), as that term is defined in Section 9-106 of the Uniform Commercial Code as in effect from time-to-time in the State of Connecticut (the "UCC"), including, without limitation, all accounts receivable, book debts and other forms of obligations, other than forms of obligations evidenced by Chattel Paper or Instruments, as those terms are defined below, now owned or hereafter received or acquired by or belonging or owing to Borrower, including, without limitation, under any trade name, style, or division thereof, whether arising out of goods sold or services rendered by Borrower or from any other transaction, whether or not the same involves the sale of goods or services by Borrower, including, without limitation, any such obligation which may be characterized as an account or contract right under the UCC, and all of Borrower's rights in to and under all purchase orders or receipts now owned or hereafter acquired by it for goods or services, and all of Borrower's rights to any goods represented by any of the foregoing, including, without limitation, unpaid seller's rights of rescission, replevin, reclamation or repossessed goods, and all monies due or to become due to Borrower under all purchase orders and contracts for the sale of goods or the performance of services or both by Borrower, whether or not yet earned by performance on the part of Borrower or in connection with any other transaction, now in existence or hereafter occurring, including, without limitation, the right to receive the proceeds of such purchase orders and contracts, and all collateral security and guaranties of any kind given by any person with respect to any of the foregoing; (b) All equipment (the "Equipment"), as that term is defined in Section 9-109(2) of the UCC, now or hereafter owned or acquired by Borrower and, in any event, shall include, without limitation, all machinery, tools, dyes, equipment, furnishings, vehicles, and computers and other electronic data processing and other office equipment, any and all additions, substitutions and replacements of any of the foregoing, wherever located, together with all attachments, components, parts, equipment and accessories installed thereon or affixed there...
Grant of Collateral. On the date hereof, as security for the payment of all Loans now or hereafter made by Lender under the Loan Agreement or under any Note, and as security for the payment or other satisfaction of all other Liabilities (including, without limitation, all reimbursement obligations under any Letters of Credit), each of Holdings and Bickford's hereby grants to Lender a security interest in and to the xxxxxxxxx property of each of them, whether now owned or existing, or hereafter acquired or coming into existence, wherever now or hereafter located (all such property is hereinafter referred to collectively as the "COLLATERAL"):
Grant of Collateral. 56 Section 8.1 Grant of Security Interest.............................56 Section 8.2 The Mortgage...........................................57 Section 8.3 Lenders' Rights........................................57 Section 8.4 Lenders' Appointment as Attorney-in-fact...............58
