Security and Guaranty. The Incremental Commitments will be secured on a pari passu or (at the Borrower’s option) junior basis by the same Collateral securing the obligations under the Facilities, and the Incremental Commitments and any incremental loans drawn thereunder shall rank pari passu in right of payment with or (at the Borrower’s option) junior to the obligations under the Facilities (it being understood any such junior liens shall be subject to any Intercreditor Agreement or any Other Intercreditor Agreement). Incremental Commitments shall benefit from the same guarantees as the Facilities.
Security and Guaranty. [THIS SECTION SHALL BE INCLUDED IN ANY AGREEMENT WHERE EKPC’S OR COOPERATIVE’S MARKET OR CREDIT EXPOSURE IS ANTICIPATED TO EXCEED $5,000 DURING ANY YEAR OF THE TERM.]
Security and Guaranty. (a) All Obligations of the Company and the Guarantors under this Agreement, the Notes, the Guaranty and all other Loan Documents shall be secured in accordance with the Collateral Documents. The Liens created by the Collateral Documents shall also secure Obligations under Specified Swap Contracts.
(b) All Obligations of the Company under this Agreement, each of the Notes and all other Loan Documents shall be unconditionally guaranteed by the Guarantors pursuant to the Guaranty.
Security and Guaranty. The obligations and liabilities of the Borrower hereunder and under the Loan Documents shall be secured and guaranteed as provided in this Section 3, subject to the provisions set forth below.
Security and Guaranty. As security for the full and timely payment of the principal and interest under the Note and for any and all other indebtedness or liability of the Borrower to the Lender, whether now existing or hereafter arising (all of which indebtedness is hereby referred to as AIndebtedness@), each Co-Guarantor grants and/or agrees to the following:
Security and Guaranty. All Obligations of the Borrower, the Guarantors and the Borrowing Subsidiaries under this Agreement, the Notes and all other Loan Documents shall be secured in accordance with the Collateral Documents.
Security and Guaranty. 58 ARTICLE III
Security and Guaranty. (a) All obligations of the Borrower and the Guarantors under this Agreement, the Notes, the Guaranty, and all other Loan Documents, and the obligations of the Borrower to Reference Bank in respect of any Swap Contracts or cash management arrangements, shall be secured in accordance with the Collateral Documents.
(b) All obligations of the Borrower under this Agreement, the Notes, and all other Loan Documents, and the obligations of the Borrower to Reference Bank in respect of any Swap Contracts or cash management arrangements, shall be unconditionally guaranteed by each Guarantor pursuant to the Guaranty.
Security and Guaranty. (a) This Agreement is secured by the Security Documents.
(b) The Borrower grants to the Agent for the benefit of all Lenders, as security for the Notes and the payment of all Obligations, a first priority lien and security interest in accounts receivable, inventory and all assets of the Borrower, as more particularly described in the Security Agreement (collectively, the “Collateral”).
(c) The Borrower’s Obligations shall be guaranteed by all current and future material subsidiaries of the Borrower excluding any Project Subsidiary (each a “Guarantor”). Each such Guarantor shall, promptly after the formation of such Guarantor, execute and deliver a Guaranty in form and substance satisfactory to the Agent. As of the date hereof, the Borrower represents and warrants that it has no subsidiaries which qualify as Guarantors under this Section 6.1(c).
Security and Guaranty. 2.1 Party B shall put security with amount of 10% of par value of the notes into the specified security account before Party A starts the acceptance.
2.2 Party B has the right to ask Party A for legal and effective guaranty. The maximum guarantee contract is signed. (Contract No. 30115010485201)
2.3 If there occurs any events that may affect the creditor’s right of Party A, Party B shall put more security or provide other guaranty recognized by Party A.
