Joinder to Security Agreement. As contemplated in the Credit Agreement, additional Subsidiaries may from time to time become parties hereto and additional Grantors hereunder by execution and delivery of a Joinder to Security Agreement. Such Joinder to Security Agreement shall be effective upon delivery by such additional Grantor, without further action or consent or notice to any party hereto. Upon delivery of such Joinder to Security Agreement, all obligations of each Grantor hereunder shall be joint and several with the obligations of each other Grantor hereunder.
Joinder to Security Agreement. TRC further covenants and agrees that by its execution hereof it shall be bound by and shall comply with all terms and conditions of the Security Agreement, dated as of December 22, 1997, between Perkins and the Agent, as fully as if it were the "Company" referred to therein, and thereby and hereby grants to the Agent, for the benefit of the Banks and the Agent, to secure the payment and performance in full of all of the Obligations, a security interest in and so pledges and assigns to the Agent, for the benefit of the Banks and the Agent, the following properties, assets and rights of the undersigned, wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof (all of the same being hereinafter called the "Collateral"): All personal and fixture property of every kind and nature including without limitation all furniture, fixtures, equipment, raw materials, inventory, other goods, accounts, contract rights, rights to the payment of money, insurance refund claims and all other insurance claims and proceeds, tort claims, chattel paper, documents, instruments, securities and other investment property, deposit accounts, and all general intangibles including, without limitation, all tax refund claims, license fees, patents, patent applications, trademarks, trademark applications, trade names, copyrights, copyright applications, rights to sue xxx recover for past infringement of patents, trademarks and copyrights, computer programs, computer TRC has attached hereto a duly completed Perfection Certificate and represents and warrants with respect to the matters set forth in such Perfection Certificate. TRC further covenants and agrees that by its execution hereof it shall provide all such information, complete all such forms and, take all such actions, and enter into all such agreements, in form and substance reasonably satisfactory to the Agent that are reasonably deemed necessary by the Agent in order to grant to the Agent, for the benefit of the Banks and the Agent, a valid, first-priority perfected security interest in all of the assets of the undersigned securing the Obligations; provided that TRC shall not be required to grant a mortgage on its leasehold interests in the Real Estate and on any fee owned Real Estate located in Florida.
Joinder to Security Agreement. Subject to delivery to the Bank of each of the "Joinder Agreement Documents" more particularly described in Article 9 of this Joinder Agreement:
Joinder to Security Agreement. By executing and delivering a counterpart signature page to this Amendment, the Joining Loan Party, hereby becomes a party to the U.S. Security Agreement as a “Grantor” thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder. The information set forth in Exhibit E hereto is hereby added to the information set forth in the appropriate Exhibits to the U.S. Security Agreement. The Joining Loan Party represents and warrants that the information set forth in Exhibit E attached hereto is true and correct in all respects and sets forth all information required to be scheduled under the U.S. Security Agreement with respect to the Joining Loan Party. The Joining Loan Party shall take all steps necessary to perfect, in favor of the Administrative Agent, a first-priority (except for Liens permitted to be prior under Section 4.1(g) of the U.S. Security Agreement) security interest in and lien against the Joining Loan Party’s Collateral, including, without limitation, delivering all certificated Pledged Collateral (if any) to the Administrative Agent (and other Collateral required to be delivered under the U.S. Security Agreement), and taking all steps necessary to properly perfect the Administrative Agent’s interest in any uncertificated Pledged Collateral.
Joinder to Security Agreement. Each of the New Grantors agrees to become, and does hereby become, a “Grantor” under the Security Agreement and agrees to be bound by such Security Agreement as if originally a party thereto. Each of the New Grantors, subject to the terms and conditions of the Security Agreement, hereby grants the Administrative Agent a security interest in its Collateral. Each of the New Grantors represents and warrants that the Exhibits to the Security Agreement attached hereto as Schedule 1 are true and correct in all respects with respect to such Grantor and such Exhibits set forth all information required to be scheduled as of the date hereof under the Security Agreement with respect to such Grantor. To the extent required under the Security Agreement, each of the New Grantors shall take all steps necessary to perfect, in favor of the Administrative Agent, a security interest in and lien against such New Grantor’s Collateral.
Joinder to Security Agreement. Each of the Assumed Borrower and XxxXx has concurrently with the execution hereof executed and delivered to the Administrative Agent and Collateral Agent a supplement to the Security Agreement, and has or will take such other actions described in Section 6.11 of the Credit Agreement.
Joinder to Security Agreement. Investor hereby agrees to be become a party to and to be bound by all of the terms and provisions of the Security Agreement as a Buyer for all purposes thereunder. In addition, the Investor Note will be deemed to be a “Note” (as defined in the Security Agreement).
Joinder to Security Agreement. (a) To secure the prompt and complete payment, performance and observance of all of the Obligations and all renewals, extensions, restructurings and refinancings thereof, each New Grantor hereby grants, mortgages, pledges and hypothecates to the Collateral Agent, for the benefit of the Collateral Agent and the Secured Parties, a Lien upon all of its right, title and interest in, to and under the Collateral.
Joinder to Security Agreement. By its execution of this Amendment, each New Subsidiary agrees to become, and does hereby become, a “Grantor” under the Security Agreement and agrees to be bound by the Security Agreement as if originally a party thereto. Each New Subsidiary hereby pledges, assigns and grants to the Lender a security interest in all of such New Subsidiary’s right, title and interest in and to the Collateral (as defined in the Security Agreement), whether now owned or hereafter acquired, to secure the prompt and complete payment and performance of the Secured Obligations. By its execution of this Amendment, each New Subsidiary represents and warrants as to itself that all of the representations and warranties contained in the Security Agreement are true and correct in all respects as of the date hereof, it being understood and agreed that any representation or warranty which by its terms is made as of a specified date shall be required to be true and correct only as of such specified date. Each New Subsidiary represents and warrants that the Exhibits to the Security Agreement and the supplements to the Exhibits to the Security Agreement attached hereto are true and correct in all respects and such Exhibits and supplements set forth all information required to be scheduled under the Security Agreement. Each New Subsidiary shall take all steps necessary to perfect, in favor of the Lender, a first-priority security interest in and lien against such New Subsidiary’s Collateral (as defined in the Security Agreement), including, without limitation, delivering all certificated Pledged Collateral (as defined in the Security Agreement) to the Lender (and other Collateral (as defined in the Security Agreement) required to be delivered under the Security Agreement), and taking all steps necessary to properly perfect the Lender’s interest in any uncertificated Pledged Collateral (as defined in the Security Agreement). This Amendment constitutes a Security Agreement Supplement as contemplated by the Security Agreement.
Joinder to Security Agreement. Holdings hereby grants to Agent, for and on behalf of the Lenders, a security interest in all Collateral in which it has an interest, whether now or hereafter arising, in accordance with the terms of the Security Agreement. Holdings hereby assumes and agrees to perform for the benefit of Lenders and Agent, all obligations, duties and liabilities of a Grantor under the Security Agreement, as direct and primary obligations of Holdings (including any such obligations, duties and liabilities, that may have accrued prior to the date hereof) and further agrees that it shall comply with and be fully bound by the terms of the Security Agreement as a signatory thereto as a Grantor; provided, that the representations and warranties made by Holdings thereunder shall be deemed true and correct as of the date of this Amendment.
