Security and Guarantee. 14.1 Despite anything to the contrary contained herein or any other rights which Advanced Dental Artistry may have howsoever:
(a) where the Patient and/or the Guarantor (if any) is the owner of land, realty or any other asset capable of being charged, both the Patient and/or the Guarantor agree to mortgage and/or charge all of their joint and/or several interest in the said land, realty or any other asset to Advanced Dental Artistry or Advanced Dental Artistry’s nominee to secure all amounts and other monetary obligations payable under these terms and conditions. The Patient and/or the Guarantor acknowledge and agree that Advanced Dental Artistry (or Advanced Dental Artistry’s nominee) shall be entitled to lodge where appropriate an absolute caveat, which caveat shall be withdrawn once all payments and other monetary obligations payable hereunder have been met.
(b) should Advanced Dental Artistry elect to proceed in any manner in accordance with this clause 14.1, the Patient and/or Guarantor shall indemnify Advanced Dental Artistry from and against all Advanced Dental Artistry’s costs and disbursements including legal costs on a solicitor and own client basis.
(c) the Patient and/or the Guarantor (if any) agree to irrevocably nominate constitute and appoint Advanced Dental Artistry or Advanced Dental Artistry’s nominee as the Patient’s and/or Guarantor’s true and lawful attorney to perform all necessary acts to give effect to the provisions of this clause 14.1.
14.2 The Guarantor guarantees to Advanced Dental Artistry the due and punctual payment of all moneys and performance by the Patient of all of its obligations under the Agreement. This guarantee shall be continuing and shall not be discharged by the winding up of the Patient and shall bind the successors and legal personal representatives of the Guarantor.
Security and Guarantee. The Guarantees and security interests to be provided in connection with the Credit Agreement will be given in accordance with the security and guarantee principles set out in this Exhibit N (the “Security and Guarantee Principles”). This Exhibit N addresses the manner in which the Security and Guarantee Principles will impact the Guarantees and security interests proposed to be taken; provided, that for the avoidance of doubt, (i) under no circumstances shall a security interest be granted in any property or assets that constitute an Excluded Asset, (ii) any obligation to grant a security interest hereunder shall be subject to the definition of Excluded Asset and (ii) shall be qualified entirely by, and subject to, the definition of “Excluded Assets.” The Security and Guarantee Principles embody recognition by all parties that there may be certain legal and practical difficulties in obtaining Guarantees and security interests from all Guarantors in every non-U.S. jurisdiction in which Guarantors are incorporated and/or it has been agreed that Guarantees and security interests will be granted. In particular with respect to such Guarantors:
Security and Guarantee. As security for and to guarantee the full and timely payment of the principal of and interest on the Notes and all other Indebtedness or liabilities of the Company to the Lenders, whether now existing or hereafter arising:
Security and Guarantee. All obligations of each Borrower under this Agreement, and all other Loan Documents shall be unconditionally guaranteed by the Guarantor pursuant to the Guarantee.
Security and Guarantee. Any Security Document is not (once entered into) in full force and effect or any Security Document does not (once entered into) create in favour of the Trustee for the benefit of the Debentureholders which it is expressed to create fully perfected with the ranking and priority it is expressed to have or the Security Interest created pursuant to the Security Documents (once entered into) is, in the opinion of the Trustee, in jeopardy.
Security and Guarantee. The security of the federal republic and of the Greek Cypriot and Turkish Cypriot federated states will be guaranteed.
Security and Guarantee. 52. The security of the federal republic and of the Greek Cypriot and Turkish Cypriot federated states will be guaranteed.
53. The demilitarization of the federal republic remains an objective.
54. The 1960 Treaties of Guarantee and of Alliance continue in force and will be supplemented in a document to be appended as set out below.
55. The Treaty of Guarantee will ensure the independence and territorial integrity of the federal republic and exclude union in whole or in part with any other country and any form of partition or secession; ensure the security of the Greek Cypriot and the Turkish Cypriot federated states; and ensure against the unilateral change of the new constitutional order of the federal republic by either community.
56. A numerical balance of Greek and Greek Cypriot troops and equipment on the one hand and of Turkish and Turkish Cypriot troops and equipment on the other hand will be achieved within months after the overall framework agreement has been approved by the two communities in separate referenda.
57. A timetable will be established for the further reduction to an agreed level of the Greek Cypriot and the Turkish Cypriot units and for the withdrawal of all non-Cypriot forces not provided for under the Treaty of Alliance. This timetable will be fully implemented prior to the establishment of the federal republic and in phases parallel to the implementation of the programme of action set out in the appendix.
58. The Treaty of Alliance will provide for the stationing in
Security and Guarantee. (a) All obligations of each Borrower and the Guarantors under this Agreement and all other Loan Documents shall be secured in accordance with the Collateral Documents.
(b) All obligations of each Borrower under this Agreement, and all other Loan Documents shall be unconditionally guaranteed by each Guarantor pursuant to the Guarantees.
Security and Guarantee. As security for the full and timely payment of the principal and interest on the Secured Promissory Note and the Liabilities, whether now existing or hereafter arising:
Security and Guarantee. The Guarantees and security interests to be provided by the Foreign Security Documents in connection with the Credit Agreement will be given in accordance with the security and guarantee principles set out in this Exhibit Q (the “Security and Guarantee Principles”). This Exhibit Q addresses the manner in which the Security and Guarantee Principles will impact the Guarantees and security interests proposed to be taken pursuant to the Foreign Security Documents in relation to the Transactions. The Security and Guarantee Principles embody recognition by all parties that there may be certain legal and practical difficulties in obtaining Guarantees and security interests from all Guarantors that are Foreign Subsidiaries in jurisdictions in which such Guarantors are incorporated and/or it has been agreed that such Guarantees and security interests will be granted. In particular, with respect to each Foreign Security Document:
