Other Security Agreements Sample Clauses
The "Other Security Agreements" clause establishes that the agreement in question does not supersede or affect any other security agreements the parties may have entered into. In practice, this means that if the borrower or obligor has granted security interests in the same or different collateral under separate agreements, those arrangements remain valid and enforceable alongside the current agreement. This clause ensures that all existing security interests are preserved and clarifies that the parties' rights and obligations under other agreements are not altered, thereby preventing unintended conflicts or waivers.
Other Security Agreements. Seller has not become bound under Section 9-203(d) of the UCC by a Security Agreement previously entered into by another Person.
Other Security Agreements. Subject to Section 5.15, each of the Security Agreements (other than the Security Agreements described in the other provisions of this Section 3.20) is effective to create in favor of the Collateral Agent (or equivalent agent in such jurisdiction) for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Security Agreement Collateral referred to therein and, upon the registrations, recordings and other actions specified on Schedule 7 to the relevant Perfection Certificate, the Liens created by such Security Agreement shall constitute valid, perfected First Priority Liens on, and security interests in, all right, title and interest of the grantors thereunder in the Security Agreement Collateral referred to therein (other than such Security Agreement Collateral in which a security interest cannot be perfected under applicable law as in effect at the relevant time in the relevant jurisdiction), in each case subject to no Liens other than Permitted Liens.
Other Security Agreements. If
(i) Agent executes any chattel mortgage or other security agreement on any materials, fixtures or articles of personal property used in the construction or operation of the Unit Improvements or if any such materials, fixtures or articles are purchased pursuant to any conditional sales contract or other security agreement or otherwise so that the title thereto will not vest in Owner free from encumbrance or (ii) Agent does not furnish to Owner upon request the contracts, bills of sale, statements, receipted vouchers and other agreements and documents, or any of them, under which Owner claims title to such materials, fixtures or articles.
Other Security Agreements. Any of the following occurs: (i) Borrower executes any chattel mortgage or other security agreement on any materials, fixtures or articles of personal property used in the construction of Borrower's Work, which, for security agreements securing an amount less than $1,000,000, are not discharged within 5 days after notice from Agent of the existence of such security agreement or if any such materials, fixtures or articles are purchased pursuant to any conditional sales contract or other security agreement or otherwise so that the ownership of such materials, fixtures or articles will not vest unconditionally in Borrower upon delivery, unconditionally and free from encumbrance or (ii) Borrower does not furnish to Agent within 30 days after request the contracts, bills of sale, statements, receipted vouchers and agreements, or any of them, under which Borrower claims title to such materials, fixtures or articles.
Other Security Agreements. This Collateral Assignment shall not be deemed to affect, limit, modify or otherwise have any impact on, or be affected, limited, modified or otherwise impacted by, any other security agreement or similar instrument (including, but not limited to, any Security Document) given by Borrower or any other debtor in connection with the Loan or the Loan Documents. Notwithstanding anything to the contrary herein contained, this Collateral Assignment shall be deemed supplemental to, and not in derogation of, any such security agreement or similar instrument (including, but not limited to, any Security Document) now or hereafter executed by Borrower or any other debtor in favor of Bank.
Other Security Agreements. In order to secure Dao County’s obligations under the Finance Lease Arrangement, the following security documents have also been executed on 23 August 2018 (after trading hours): Guarantee Agreement The Company has entered into the guarantee agreement in favour of Huaneng Tiancheng (the “Guarantee Agreement”), pursuant to which the Company has agreed to provide an irrevocable guarantee for all the debts of the Huaneng Tiancheng under the Finance Lease Agreement. Mortgage Agreement Dao County has entered into the mortgage agreement in favour of Huaneng Tiancheng (the “Mortgage Agreement”), pursuant to which Dao County has agreed to charge the assets listed therein to Huaneng Tiancheng, to secure the obligations of Dao County under the Finance Lease Agreement. Share Pledge Agreement Yongzhou Concord has entered into the share pledge agreement in favour of Huaneng Tiancheng (the “Share Pledge Agreement”), pursuant to which Yongzhou Concord has agreed to pledge all its equity interest in Dao County to Huaneng Tiancheng, to secure the obligations of Dao County under the Finance Lease Agreement. Accounts Receivable Security Agreement Dao County has entered into the accounts receivable security agreement in favour of Huaneng Tiancheng (the “Accounts Receivable Security Agreement”), pursuant to which Dao County has agreed to pledge its gains from the receivable in electricity fee to Huaneng Tiancheng, to secure the obligations of Dao County under the Finance Lease Agreement. Account Custodian Agreement Dao County has entered into the account custodian agreement with ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (the “Account Custodian Agreement”), pursuant to which, a joint account is opened under the name of Dao County for the purpose of managing the funds under the Finance Lease Agreement, to secure the obligations of Dao County under the Finance Lease Agreement. Shortfall Guarantee Agreement Century Concord has entered into a shortfall guarantee agreement in favour of Huaneng Tiancheng (the “Shortfall Guarantee Agreement”), pursuant to which Century Concord has agreed to provide an irrevocable shortfall guarantee to Dao County, to guarantee the debts of Huaneng Tiancheng under the Finance Lease Agreement.
Other Security Agreements. If (i) Agent executes any chattel mortgage or other security agreement on a material amount of any materials, fixtures or articles of personal property used in the construction or operation of the Project or if a material amount of any such materials, fixtures or articles are purchased pursuant to any conditional sales contract or other security agreement or otherwise so that the title thereto will not vest in Owner, free from encumbrance, except Permitted Liens or (ii) any such materials, fixtures or articles are not in accordance with the Plans or (iii) Agent does not furnish to Owner upon request the contracts, bills of sale, statements, receipted vouchers and other agreements and documents, or any of them, under which Owner claims title to such materials, fixtures or articles.
Other Security Agreements. In order to secure Dao County’s obligations under the Financial Lease Arrangement, the following security documents, among others, have also been executed on 29 September 2017 (after trading hours) (the “Security Agreements”) irrevocable joint and several liability guarantee to the Lessor, and unconditionally and irrevocably undertake that, upon receipt of a demand from the Lessor, the Company and Century Concord will unconditionally pay the amount demanded by the Lessor, which will be expired two years from the payment due date of the Finance Lease Agreement the Lessee in favour of the Lessor, to secure the obligations of the Lessee under the Finance Lease Agreement
Other Security Agreements. Borrower may, concurrently herewith or hereafter, execute and deliver to Lender a security agreement with respect to all or part of the Personal Property and, at the request of Lender, other personal property. The rights and obligations of Borrower and Lender with respect to all personal property described therein (including, without limitation, any of the Personal Property which is described therein) shall be controlled by the terms and provisions of such security agreement to the extent, if any, that the provisions of Article III of this Deed of Trust are inconsistent therewith. To the extent not inconsistent, the respective rights and obligations of Borrower and Lender hereunder and under any such security agreement shall be cumulative.
Other Security Agreements. The phrase "or allow any of its Subsidiaries to enter into" in the third sentence of Section 6.16 of the Credit Agreement is hereby deleted and replaced with "or allow any of the Borrowing Subsidiaries to enter into".