Common use of Intercompany Security Agreements Clause in Contracts

Intercompany Security Agreements. Each Primary Obligor shall have delivered (i) intercompany security agreements in form and substance satisfactory to Agent securing each such Person's obligations under its Pledged Note together with such other documents and instruments relating thereto and records of company proceedings and (ii) if requested by Agent, legal opinions, as Agent may reasonably request.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Firstcity Financial Corp), Revolving Credit Agreement (Firstcity Financial Corp)

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Intercompany Security Agreements. Each Primary Obligor shall have delivered (i) intercompany security agreements (or confirmations thereof) in form and substance satisfactory to Agent securing each such Person's ’s obligations under its Pledged Note together with such other documents and instruments relating thereto and records of company proceedings and (ii) if requested by Agent, legal opinions, as Agent may reasonably request.

Appears in 2 contracts

Samples: Reducing Note Facility Agreement (Firstcity Financial Corp), Reducing Note Facility Agreement (Firstcity Financial Corp)

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Intercompany Security Agreements. Each Primary Obligor shall have delivered (i) intercompany security agreements in form and substance satisfactory to Agent securing each such Person's ’s obligations under its Pledged Note together with such other documents and instruments relating thereto and records of company proceedings and (ii) if requested by Agent, legal opinions, as Agent may reasonably request.

Appears in 1 contract

Samples: Subordinated Delayed Draw Credit Agreement (Firstcity Financial Corp)

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