Loan Agreement; Collateral Sample Clauses

Loan Agreement; Collateral. This Note is issued under and entitled to the benefits of a Loan and Security Agreement of even date herewith ("Loan Agreement") among Lender and the Borrower, to which Loan Agreement reference is hereby made for a statement of the rights in respect thereto of the holder of this Note. This Note will be secured by the collateral identified and described in Section 2 of the Loan Agreement (the "Collateral"), to which section reference is hereby made for a statement of the rights in respect thereto of the holder of this Note.
Sample 1
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Loan Agreement; Collateral. This Amended and Restated Note evidences advances of loan proceeds pursuant to the Loan Agreement by and between Maker and the Bank. This Amended and Restated Note is secured and in the future may be secured by certain documents and instruments, including without limitation the following:
Sample 1
Loan Agreement; Collateral. This Note is issued under and entitled to the benefits of the Loan Agreement between Lender and Borrower, to which Loan Agreement reference is hereby made for a statement of the rights in respect thereto of the holder of this Note. This Note will serve to amend and restate the Line of Credit Promissory Note in the amount of $2,500,000, given by Borrower to Lender and dated February 19, 1997 as amended by Amended and Restated Line of Credit Promissory Note in the amount of $2,000,000 dated May 30, 1998 (collectively, the "Prior Note"). The Prior Note shall remain effective as of and through ____________, 1999, as of which time the Prior Note will automatically be cancelled and be replaced by this Note. This Note will be secured by the collateral identified and described in Section 2 of the Loan Agreement (the "Collateral"), to which section reference is hereby made for a statement of the rights in respect thereto of the holder of this Note.
Sample 1
Loan Agreement; Collateral. This Note is issued under and entitled to the benefits of the Loan and Security Agreement, dated of even date herewith, (the `Loan Agreement'') between Lender and Borrower, to which Loan Agreement reference is hereby made for a statement of the rights in respect thereto of the holder of this Note. Pursuant to the Loan Agreement, the funds advanced under the Overline Loan shall be used to repay to the Bank any amounts by which the Borrowing Base exceeds the Maximum Line of Credit Loan Amount permitted under the Line of Credit Loan, as those terms are defined in the Loan Agreement. This Note will be secured by the collateral identified and described in Section 2 of the Loan Agreement (the "Collateral"), to which section reference is hereby made for a statement of the rights in respect thereto of the holder of this Note.
Sample 1
Loan Agreement; Collateral. This Note is the Promissory Note referred to in the Loan Agreement and is entitled to all of the benefits of the Loan Agreement and the collateral described therein and such other collateral which is given by Borrower to secure Borrower’s obligations thereunder or hereunder.
Sample 1

Related to Loan Agreement; Collateral

  • Collateral The Collateral for this Note includes the Funding Agreement and the Guarantee specified on the face hereof.

  • Additional Collateral and Guaranties To the extent not delivered to the Administrative Agent on or before the Closing Date (including in respect of after-acquired property and Persons that become Subsidiaries of any Loan Party after the Closing Date), each Group Member shall, promptly, do each of the following, unless otherwise agreed by the Administrative Agent:

  • Additional Collateral Each of CSSW Parent and the Borrower shall, and shall cause each of its Subsidiaries to, (a) promptly (i) execute and deliver to the Administrative Agent and the Collateral Agent such amendments to the Guarantee and Collateral Agreement as the Administrative Agent or the Collateral Agent deems necessary or advisable to grant to the Collateral Agent, for the benefit of the Lenders, a perfected first priority security interest in the Equity Interests of the Steel Winds Companies and the Stetson Intermediate Holding Company, (ii) if certificated, deliver to the Collateral Agent the certificates representing such Equity Interests, together with undated stock powers, in blank, executed and delivered by a duly Authorized Officer of the Borrower and the Steel Winds Holding Company (iii) cause the Steel Winds Companies (A) to become a party to the Guarantee and Security Agreement, (B) to take such actions necessary or advisable to grant to the Collateral Agent for the benefit of the Lenders a perfected first priority security interest in the Collateral described in the Guarantee and Security Agreement with respect to the Steel Winds Companies, including the filing of Uniform Commercial Code financing statements in such jurisdictions as may be required by the Guarantee and Security Agreement or by law or as may be requested by the Collateral Agent and (C) to deliver to the Collateral Agent a certificate of an Authorized Officer of each Steel Winds Company, substantially in the form of the certificate provided pursuant to Section 3.2(a)(iii), with appropriate insertions and attachments, (iv) if requested by the Administrative Agent, deliver to the Administrative Agent legal opinions relating to the matters described above, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent and (v) deliver to the Collateral Agent each deposit account control agreement required to be delivered pursuant to the Guarantee and Collateral Agreement, in form and substance reasonably acceptable to the Collateral Agent; provided that the parties hereto acknowledge and agree that if any LC Indebtedness or LC Conversion Indebtedness of the Steel Winds Project Company with respect to the Steel Winds Project is in existence as of the Subsequent Closing Date, then the Steel Winds Companies shall be required to become a party to the Guarantee and Security Agreement and satisfy the other requirements of this Section 9.22, upon the termination, expiration and discharge of such LC Indebtedness or LC Conversion Indebtedness, as the case may be.

  • Security Interest and Collateral In order to secure the payment and performance of the Secured Obligations, the Debtor hereby grants to the Secured Party a security interest (herein called the “Security Interest”) in and to the following property (hereinafter collectively referred to as the “Collateral”): SEE EXHIBIT A ATTACHED HERETO AND INCORPORATED HEREIN BY THIS REFERENCE.

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • Possessory Collateral Immediately upon Borrower’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower’s attorney and agent-in-fact, to endorse or assign the same on Borrower’s behalf.

  • Security Instruments (i) The Administrative Agent shall fail to have an Acceptable Security Interest in any portion of the Collateral or (ii) any Security Instrument shall at any time and for any reason cease to create the Lien on the Property purported to be subject to such agreement in accordance with the terms of such agreement, or cease to be in full force and effect, or shall be contested by the Borrower, any Guarantor or any of their respective Subsidiaries;

  • Security Instrument Borrower will execute the Security Instrument dated of even date with this Loan Agreement. The Security Instrument will be recorded in the applicable land records in the Property Jurisdiction.

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