Common use of Initial Security Clause in Contracts

Initial Security. The Obligations of the Borrower shall be secured by: (a) the Security Agreement; (b) the Pledge Agreement; (c) the Assignment and Security Agreement; and (d) the security interest in the Collateral Account herein granted in favor of the Administrative Agent for the ratable benefit of the Lenders, and the other Liens provided in this Agreement and the other Security Documents.

Appears in 3 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

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Initial Security. The Obligations of the Borrower shall be secured by: (a) the Security Agreement; (b) the Pledge Agreement; (c) the Assignment and Security Agreement; and (d) the security interest in the Collateral Account herein granted in favor of the Administrative Agent for the 58 60 ratable benefit of the Lenders, and the other Liens provided in this Agreement and the other Security Documents.

Appears in 1 contract

Samples: Credit Agreement (America Service Group Inc /De)

Initial Security. The Obligations of the Borrower and the Guarantors shall be secured by: (a) the Security Agreement; (b) the Pledge Agreement; (c) the Assignment Patent and License Security Agreement; and (dc) the security interest in the Collateral Account herein granted in favor of the Administrative Agent for the ratable benefit of the Lenders, and the other Liens provided in this Agreement and the other Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Cti Molecular Imaging Inc)

Initial Security. The Obligations of the Borrower shall be secured by: (a) the Security Agreement; (b) , the Pledge Agreement; (c) other Loan Documents and the Assignment other instruments, documents and agreements executed and delivered pursuant to the Security Agreement; and (db) the security interest in the Collateral Account herein granted in favor of the Administrative Agent for the ratable benefit of the Lenders, the Issuing Bank and the Administrative Agent, and the other Liens provided in this Agreement and the other Security Documents.

Appears in 1 contract

Samples: Credit Agreement (I Trax Inc)

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Initial Security. The Obligations of the Borrower shall be secured by: (a) the Guarantee and Security Agreement and the Loan Documents and other instruments, documents and agreements executed and delivered pursuant to the Guarantee and Security Agreement; (b) the Pledge Agreement; (c) the Assignment and Security AgreementMortgages; and (dc) the security interest in the Collateral Account herein granted in favor of the Administrative Agent for the ratable benefit of the Lenders, the Issuing Bank and the Administrative Agent, and the other Liens provided in this Agreement and the other Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Symbion Inc/Tn)

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