Common use of Security Agreements, etc Clause in Contracts

Security Agreements, etc. The Obligations shall be secured by a Security Agreement in the form of Exhibit E, duly executed by Borrower (the "Borrower Security Agreement"); provided, however, that if during any fiscal quarter after the Total Commitment has been reduced to $30,000,000 or less, and Borrower maintains a Leverage Ratio of less than 0.65/1.00, the security interests of Agent and the Bank Parties created pursuant to the Borrower Security Agreement shall be released and discharged and shall not be reinstated.

Security Agreements, etc. The Obligations shall be secured by a Security Agreement in the form of Exhibit E, duly executed by Borrower (the "Borrower Security Agreement"); provided, however, that if during any fiscal quarter after the Total First Commitment has been reduced to $30,000,000 or lessReduction Date, and Borrower maintains a Leverage Ratio of less than 0.65/1.00, the security interests of Agent and the Bank Parties created pursuant to the Borrower Security Agreement shall be released and discharged and shall not be reinstated.