Security and Pledge Agreements Sample Clauses

Security and Pledge Agreements. The Administrative Agent shall have received, with counterparts for each Lender, each Security and Pledge Agreement, dated as of the Effective Date and duly executed and delivered by an Authorized Officer of the Borrower and each Subsidiary Guarantor, as applicable, together with (a) certificates evidencing all of the issued and outstanding Capital Stock pledged pursuant to the applicable Security and Pledge Agreement, which certificates in each case shall be accompanied by undated instruments of transfer duly executed in blank, or, if any such shares of Capital Stock pledged pursuant to such Security and Pledge Agreement are uncertificated securities, the Administrative Agent shall have obtained "control" (as defined in the UCC) over such shares of Capital Stock) and such other instruments and documents as may be necessary under applicable law, in the reasonable opinion of the Administrative Agent, to perfect the first priority security interest of the Administrative Agent in such shares of Capital Stock; provided, however, that (i) no more than 65% of the shares of Capital Stock held by the Borrower or a Subsidiary of the Borrower of a Foreign Subsidiary will be required to be pledged and (ii) no shares of Capital Stock of any Foreign Subsidiary held by another Foreign Subsidiary will be required to be pledged to the Administrative Agent; (b) all Intercompany Notes, if any, pledged pursuant to the Security and Pledge Agreement; (c) executed copies of Filing Statements naming each such Obligor as a debtor and the Administrative Agent as the secured party, or other similar instruments or documents to be filed under the Uniform Commercial Code of all jurisdictions, as the Administrative Agent may reasonably require to perfect the security interests (or maintain the perfected security interests) of the Administrative Agent pursuant to the Security and Pledge Agreement; The Administrative Agent shall be satisfied that (i) the Lien granted to the Administrative Agent, for the benefit of the Secured Parties in the collateral described above is a first priority (or local equivalent thereof) security interest subject only to Liens permitted pursuant to Section 7.2.3; and (ii) no Lien exists on any of the collateral described above other than the Lien created in favor of the Administrative Agent, for the benefit of the Secured Parties, pursuant to a Loan Document and Liens permitted pursuant to Section 7.2.3.
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Security and Pledge Agreements. Each Loan Party shall grant to the Lender a perfected lien on and security interest, subject only to Permitted Liens, in all of its assets and properties, whether now or hereafter existing, owned or acquired, all in accordance with the terms of the Postpetition Security Agreement, as applicable, and the Interim Order and the Final Order. Each Loan Party shall assist the Lender with any and all filings necessary or appropriate and reasonably requested by the Lender for the perfection of the Postpetition Security Interest, granted under and in accordance with the terms of this Agreement.
Security and Pledge Agreements. The Company and each Material Subsidiary shall grant to the Purchaser a perfected lien on and security interest, subject to Permitted Liens, in all of its assets and properties, whether now or hereafter existing, owned or acquired, all in accordance with the terms of the Security and Pledge Agreement and the Subsidiary Security and Pledge Agreements, as applicable. The Company shall assist the Purchaser with any and all filings necessary or appropriate and reasonably requested by the Purchaser for the perfection of the security interests granted under this Agreement provided that such security interests shall be subordinate to the security interests of the holders of the Permitted Existing Secured Indebtedness pursuant to the Intercreditor Agreement.
Security and Pledge Agreements. 63 SECTION 5.1.20. Patent Security Agreement, Copyright Security Agreement and Trademark Security Agreement............ 64 SECTION 5.1.21. Mortgages............................................. 64 SECTION 5.1.22. Perfection Certificate, Filing Agent, etc............. 64 SECTION 5.1.23. Insurance............................................. 65 SECTION 5.1.24. Approvals............................................. 65
Security and Pledge Agreements. A Security and Pledge Agreement by and among the Company, DynTek Services, Inc., and the holders of the Senior Notes, in the form attached as Exhibit E (the "Senior Security and Pledge Agreement"), and all related financing statements and a Security and Pledge Agreement by and among the Company, DynTek Services, Inc. and the holders of the Junior Note, in the Form attached as Exhibit G (the "Junior Security and Pledge Agreement", and collectively with the Senior Security and Pledge Agreement, the "Security and Pledge Agreements") and other similar instruments and documents, will have been executed and delivered to the Purchasers by a duly authorized officer of the Company and a duly authorized officer of each of the subsidiaries of the Company party thereto.
Security and Pledge Agreements. In order to secure performance of the Company's obligations under Section 6.10(b) of this Agreement, the Company shall have delivered or caused to have been delivered to the Investors (A) a Security and Pledge Agreement in form and substance satisfactory to the Investors pursuant to which the Company grants to the Investors a security interest in all of its assets; (B) one or more Financing Statements on Form UCC-1 showing the Company as Debtor and the Investors as Secured Parties and evidencing the grant of security described in (A) hereof; and (C) one or more Pledge Agreements in form and substance satisfactory to the Investors executed by one or more current stockholders of the Company and granting to the Investors a perfected security interest in 2,000,000 shares of Common Stock of the Company.
Security and Pledge Agreements. (i) the Security Agreement, duly executed by the Debtors; (ii) the Pledge Agreement, duly executed by the Debtors; and (iii) notwithstanding subsections (i) and (ii) of this paragraph, or any failure on the part of the Debtors, or the Post- Petition Lender to take any of the actions set forth the Security Documents, the Liens and security interests granted herein shall be deemed valid, enforceable and perfected by entry of the Interim Order and the Final Order, as applicable without requirement for further action;
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Security and Pledge Agreements. A Security and Pledge Agreement from each of Enlight and Kona, each dated as of the date of this Agreement, in the form prepared by and acceptable to the Bank.
Security and Pledge Agreements. Payment of the Installment Payments will be secured by certain assets and all of the issued and outstanding capital stock of the Surviving Corporation. To that end, the Surviving Corporation will enter into with the Shareholder a security agreement and pledge agreement in the form attached hereto as Composite Exhibit 3.5 (hereinafter, collectively the "Security Agreements").
Security and Pledge Agreements. Each Credit Party shall have: (i) Executed and delivered to Agent the Security Agreement; (ii) Authorized Agent to file “all-asset” UCC financing statements to enable Agent to perfect and preserve its security interest in Collateral that can be perfected by the filing of a financing statement;
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