Party to Security Agreement. Upon delivering this Security Agreement Supplement to the Collateral Agent, the Lien Grantor will become a party to the Security Agreement and will thereafter have all the rights and obligations of a Subsidiary Guarantor and a Lien Grantor thereunder and be bound by all the provisions thereof as fully as if the Lien Grantor were one of the original parties thereto.5
Party to Security Agreement. Upon delivering this Security Agreement Supplement to the Agent, the Grantor will become a party to the Security Agreement and will thereafter have all the rights and obligations of a Guarantor and a Grantor thereunder and be bound by all the provisions thereof as fully as if the Grantor were one of the original parties thereto.
Party to Security Agreement. Upon delivery of this Security Agreement Supplement to the Collateral Agent, the New Lien Grantor will become a party to the Security Agreement and will thereafter have all of the rights and obligations of a Lien Grantor thereunder and be bound by all of the provisions thereof as fully as if the New Lien Grantor were one of the original parties thereto. 765749.1 10/9/98 7:28p
Party to Security Agreement. Upon delivery of this Security Agreement Supplement to the Collateral Agent, the Subsidiary Guarantor will become a party to the Security Agreement and will thereafter have all of the rights and obligations of a Subsidiary Guarantor thereunder and be bound by all of the provisions thereof as fully as if the Subsidiary Guarantor were one of the original parties thereto.
Party to Security Agreement. Upon delivering this Security Agreement Supplement to the Collateral Agent, the Grantor will, if not already a party, become a party to the Security Agreement and will thereafter have all the rights and obligations of a Grantor thereunder and be bound by all the provisions thereof as fully as if the Grantor were one of the original parties thereto. References in the Security Agreement to a “Grantor” shall be deemed to refer to the Grantor, references to Schedules to the Perfection Certificate shall be deemed to include the corresponding Schedules to the Perfection Certificate delivered in connection with this Security Agreement Supplement and references to “Collateral” shall be deemed to include the New Collateral.
Party to Security Agreement. Upon delivering this Security Agreement Supplement to the Collateral Representative, the Lien Grantor will become a party to the Security Agreement and will thereafter have all the rights and obligations of a Guarantor and a Lien Grantor thereunder and be bound by all the provisions thereof as fully as if the Lien Grantor were one of the original parties thereto.7 --------------------------------- 4 Delete bracketed words if the Lien Grantor is the Company. 5 Delete bracketed words if the Lien Grantor is a Guarantor.
Party to Security Agreement. Upon delivering this Security Agreement Supplement to the Administrative Agent, the Lien Grantor (x) will become a party to the Security Agreement and will thereafter have all the rights and obligations of a Guarantor and a Lien Grantor thereunder and be bound by all the provisions thereof as fully as if the Lien Grantor were one of the original parties thereto and (y) will become a party to the Intercreditor Agreement and will thereafter have all the rights and obligations of a “Loan Party” thereunder (and as defined therein) and be bound by all the provisions thereof as fully as if the Lien Grantor were one of the original “Loan Parties” party thereto.3
Party to Security Agreement. Upon delivering this Security Agreement Supplement to the Collateral Agent, the Assignor will become a party to the Security Agreement and will thereafter have all the rights and obligations of an Assignor thereunder and be bound by all the provisions thereof as fully as if the Assignor were one of the original parties thereto.
Party to Security Agreement. Upon delivering this Security Agreement Supplement to the Collateral Agent, the Lien Grantor will become a party to the Security Agreement and will thereafter have all the rights and obligations of a Subsidiary Guarantor and a Lien Grantor thereunder and be bound by all the provisions thereof as fully as if the Lien Grantor were one of the original parties thereto.6 3 Delete bracketed words if the Lien Grantor is the Borrower. 4 Delete bracketed words if the Lien Grantor is a Subsidiary Guarantor. 5 If the Lien Grantor is not already a party to the Security Agreement, clauses (i) through (xiii) of, and the proviso to, Section 3(a) of the Security Agreement may be appropriate. 6 Delete Sections 4 and 5 if the Lien Grantor is already a party to the Security Agreement.
Party to Security Agreement. Upon executing and delivering this Security Agreement Supplement to the Collateral Agent, the Lien Grantor will become a party to the Security Agreement and will thereafter have all the rights and obligations of a Lien Grantor thereunder and be bound by all the provisions thereof as fully as if the Lien Grantor were one of the original parties thereto.3 The Lien Grantor authorizes the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral without the signature of the Lien Grantor in such form and in such offices as the Collateral Agent determines appropriate to perfect the security interests of the Collateral Agent under this Security Agreement Supplement. The Lien Grantor authorizes the Collateral Agent to use collateral descriptions such as “all personal property” or “all assets”, in each case “whether now owned or hereafter acquired”, words of similar import or any other description the Collateral Agent, in its sole discretion, so chooses in any such financing statements. The Lien Grantor agrees that a carbon, photographic, photostatic or other reproduction of this Security Agreement Supplement or of a financing statement is sufficient as a financing statement for filing and recording purposes.
