Security and Guaranties Sample Clauses
Security and Guaranties. (a) All Obligations of the Borrower and the Guarantors under this Agreement and all other Loan Documents to which they are a party shall be secured in accordance with the Collateral Documents.
(b) All Obligations of the Borrower under this Agreement and all other Loan Documents to which it is a party shall be unconditionally guaranteed by each Guarantor pursuant to its Guaranty.
Security and Guaranties. (a) All Obligations of the Company under this Agreement, the Notes and all other Loan Documents shall be secured in accordance with the Collateral Documents.
(b) All Obligations of the Company under this Agreement, the Notes and all other Loan Documents shall be unconditionally guaranteed by the Guarantors pursuant to the Guaranties.
Security and Guaranties. As security for the payment and performance of the Loan Obligations, and also as security for the payment and performance of all Obligations to Administrative Agent, Borrower shall execute and deliver, or cause to be executed and delivered, to Administrative Agent the following documents, each satisfactory to Lenders:
Security and Guaranties. Payment of the loan or loans hereunder shall be secured and guaranteed as provided in this Section 3.
Security and Guaranties. 13 2.5 Fees.................................................................................................13 2.6 Extension of Maturity Date; Termination..............................................................13
Security and Guaranties. As security for the full and timely payment and performance of the Lender Debt, whether now existing or hereafter arising:
Security and Guaranties. The Credit Facilities, the Letters of Credit, and the Obligations (as modified and increased pursuant to this Agreement) shall all be (a) secured by the Collateral pursuant to the Liens created by the Security Documents, and all proceeds thereof, until the particular item of Collateral is released or until the Letters of Credit have expired and the Credit Facilities and all the Obligations are paid and performed in full (and any obligation of Lenders to make Advances has been terminated) and (b) guaranteed by each Subsidiary (other than an Excluded Subsidiary or Foreign Subsidiary) pursuant to the terms of a Guaranty Agreement. Upon the occurrence of a Default which has not been waived by the Required Lenders, Borrower and Guarantors shall cause the Foreign Subsidiaries to grant to Administrative Agent (on behalf of Lenders) a Lien on all of their assets except to the extent they are prohibited from so doing pursuant to an agreement permitted by Section 8.12; and to execute, deliver to Administrative Agent and file all documents, instruments and agreements (all at Borrower's and Guarantors' expense) which Administrative Agent shall require to create and perfect such Liens. On or before thirty (30) days after Borrower or any Guarantor makes an Investment in any Foreign Subsidiary, Borrower or such applicable Guarantor shall deliver to Administrative Agent the related, original Foreign Subsidiary Inter-Company Note, together with a collateral assignment and endorsement thereof in form satisfactory to Administrative Agent.
Security and Guaranties. As security for the full and timely payment and performance of the Obligations, whether now existing or hereafter arising, and subject to Section 5.3:
Security and Guaranties. 21 8.1. SECURITY AGREEMENTS....................................................... 21 8.2. PLEDGE AGREEMENTS......................................................... 21 8.3. COLLATERAL ASSIGNMENTS.................................................... 21 8.3.1. INTELLECTUAL PROPERTY ASSIGNMENTS.................................... 21
Security and Guaranties. (a) In order to secure the due payment and performance by the Loan Parties of all of the Indebtedness, liabilities and Obligations of the Borrower to the Agent and the Lenders, whether now existing or hereafter arising under this Agreement, the Notes or any of the other Loan Documents (all such Indebtedness, liabilities and obligations are hereinafter referred to, collectively, as the "OBLIGATIONS") including, without limitation, the due and punctual payment of the principal of and the interest on the Notes according to their terms and effect:
(i) the Borrower shall grant to the Agent, as agent for the Lenders, subject to Section 4.2(e) hereof, a duly perfected first priority Lien on all of Borrower's right, title and interest in the Collateral subject to no other Liens other than Liens permitted under Section 7.2(b) hereof, as applicable, by the execution and delivery to the Agent, of a security agreement in the form of EXHIBIT D-1 to the original Loan Agreement (the "SECURITY AGREEMENT") and an assignment of leases, in the form of EXHIBIT E-1 to the Original Loan Agreement (the "ASSIGNMENT OF LEASES"), and by the execution and delivery from time to time of supplements to the Security Agreement, in the form of EXHIBIT D-2 to the Original Loan Agreement (the "Security Agreement Supplements"), and supplements to the Assignment of Leases, in the form of EXHIBIT E-2 to the Original Loan Agreement (the "ASSIGNMENT OF LEASES SUPPLEMENTS");
(ii) the Borrower shall deliver to the Agent all executed copies of the Leases in connection with the perfection of the Agent's first priority Lien in such Leases in accordance with Section 4.2(f) hereof;
(iii) in accordance with Section 4.2(e) hereof, the Borrower shall execute and deliver to the Agent all UCC financing statements or such other documentation, including copies of such documents acknowledging the filings of such documentation with the appropriate governmental authorities, as may be reasonably required by the Agent to perfect the interest of the Borrower and the Agent in the Collateral; and
(iv) execute and deliver or cause to be executed and delivered such other agreements, instruments and documents as the Agent may reasonably require in order to effect the purposes of the Security Agreement, the Assignment of Leases, the Security Agreement Supplements, the Assignment of Leases Supplements and this Agreement (the Security Agreement, the Assignment of Leases, the Security Agreement Supplements, the Assignment o...