Common use of Party to Security Agreement Clause in Contracts

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

Appears in 1 contract

Samples: Security Agreement (Marvel Enterprises Inc)

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Party to Security Agreement. Upon delivery of delivering this Security Agreement Supplement to the Collateral Agent, the New Lien Grantor will become a party to the Security Agreement as a “Company” and will thereafter have all of the rights and obligations of a Lien Grantor Company 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.

Appears in 1 contract

Samples: Security Agreement (Thornburg Mortgage Inc)

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.

Appears in 1 contract

Samples: Security Agreement (Marvel Enterprises Inc)

Party to Security Agreement. Upon delivery of delivering 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 Subsidiary Guarantor and 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.

Appears in 1 contract

Samples: Credit Agreement (NMI Holdings, Inc.)

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Party to Security Agreement. Upon delivery of this Security Agreement Supplement to the Collateral Administrative 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.

Appears in 1 contract

Samples: Security Agreement (Sybron Chemicals Inc)

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