Security Documents and Guaranty Sample Clauses

Security Documents and Guaranty. 111 9.13 Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim 113 ARTICLE X [RESERVED] 114 ARTICLE XI MISCELLANEOUS 114
Sample 1
AutoNDA by SimpleDocs
Security Documents and Guaranty. 111113 9.13 Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim. 113115 Page 9.14 Administrative Agent to Provide Notice of Any Required Lenders Action. 116 ARTICLE X [RESERVED] 114117 ARTICLE XI MISCELLANEOUS 114117 11.01 Amendments, Etc. 114117 11.02 Notices; Effectiveness; Electronic Communications. 116119
Sample 1
Security Documents and Guaranty. Each Lender (which term shall include, for purposes of this Section 8.10, any Hedging Agreement Provider and any Bank Services Provider) hereby further authorizes Administrative Agent, on behalf of and for the benefit of Lenders, to enter into each Security Document as secured party and to be the agent for and representative of Lenders under the Guaranty, and each Lender agrees to be bound by the terms of each Security Document and the Guaranty; provided that Administrative Agent shall not (i) enter into or consent to any material amendment, modification, termination or waiver of any provision contained in any Security Document or the Guaranty or (ii) release any Collateral (except as otherwise expressly permitted or required pursuant to the terms of this Agreement or the applicable Security Document), in each case without the prior consent of Required Lenders (or, if required pursuant to Section 9.1, all Lenders); provided further, however, that, without further written consent or authorization from Lenders, Administrative Agent may execute any documents or instruments necessary to (a) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted by this Agreement or to which Required Lenders have otherwise consented, or (b) release any Guarantor from the Guaranty if all of the Capital Stock of such Guarantor is sold to any Person pursuant to a sale or other disposition permitted hereunder or to which Required Lenders have otherwise consented; provided that, in the case of a sale of such item of Collateral or stock referred to in subdivision (a) or (b), the requirements of Section 9.19 are satisfied. Anything contained in any of the Credit Documents to the contrary notwithstanding, Borrower, Guarantors, Administrative Agent and each Lender hereby agree that (1) no Lender shall have any right individually to realize upon any of the Collateral under any Security Document or to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies under the Security Documents and the Guaranty may be exercised solely by Administrative Agent for the benefit of Lenders in accordance with the terms thereof, and (2) in the event of a foreclosure by Administrative Agent on any of the Collateral pursuant to a public or private sale, Administrative Agent or any Lender may be the purchaser of any or all of such Collateral at any such sale and Administrative Agent, as agent for and represe...
Sample 1
Security Documents and Guaranty. 111 9.13 Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim. 113 ARTICLE X [RESERVED] 114 ARTICLE XI MISCELLANEOUS 114 11.01 Amendments, Etc. 114 11.02 Notices; Effectiveness; Electronic Communications. 116 11.03 No Waiver; Cumulative Remedies. 118 11.04 Expenses; Indemnity; Damage Waiver. 118 11.05 Payments Set Aside. 120 11.06 Successors and Assigns. 121 11.07 Treatment of Certain Information; Confidentiality. 125 11.08 Right of Setoff. 126 11.09 Interest Rate Limitation. 127 11.10 Counterparts; Integration; Effectiveness. 127 11.11 Survival of Representations and Warranties. 127 11.12 Severability. 128 11.13 Replacement of Lenders. 128 11.14 Governing Law; Jurisdiction; Etc. 129 11.15 Waiver of Jury Trial. 130 11.16 Waiver of Defenses; No Advisory or Fiduciary Responsibility. 130 11.17 USA PATRIOT Act Notice. 131 11.18 Other Liens on Collateral; Etc. 131
Sample 1
Security Documents and Guaranty. On or prior to the Closing Date, the Bank shall have received the Security Documents duly executed by the Company and each Guarantor (together with UCC-1 financing statements required pursuant to the Security Agreement and copies of all notes payable to the Company) and the Guaranty, duly executed by the Guarantors.
Sample 1
Security Documents and Guaranty 
Sample 1Sample 2Sample 3See All (63)

Related to Security Documents and Guaranty

  • Security Documents The due and punctual payment of the principal of, interest, Additional Amounts and premium, if any, on the Notes and any Note Guarantee when and as the same shall be due and payable, whether on an interest payment date, at maturity, by acceleration, repurchase, redemption or otherwise, and interest on the overdue principal of and interest and Additional Amounts (to the extent permitted by law), if any, on the Notes and any Note Guarantee and performance of all other obligations of the Issuer and any Guarantor to the Holders of Notes, the Trustee and the Security Agent under this Indenture, the Notes and any Note Guarantee, according to the terms hereunder or thereunder, are secured as provided in the Collateral Documents and the Intercreditor Agreement. Each Holder of Notes, by its acceptance thereof, consents and agrees to the terms of the Collateral Documents and the Intercreditor Agreement and any additional intercreditor agreement (including, without limitation, the provisions providing for foreclosure and release of Collateral and authorizing the Security Agent to enter into any Collateral Document on its behalf) as the same may be in effect or may be amended from time to time in accordance with its terms and authorizes and directs the Security Agent to enter into the Collateral Documents and the Intercreditor Agreement and any additional intercreditor agreement and to perform its obligations and exercise its rights thereunder in accordance therewith. The Issuer will deliver to the Trustee copies of all documents delivered to the Security Agent pursuant to the Collateral Documents, and the Issuer and the Parent will, and the Parent will cause each of its Restricted Subsidiaries to, do or cause to be done all such acts and things as may be required, or which the Security Agent from time to time may reasonably request, to assure and confirm to the Trustee that the Security Agent holds, for the benefit of the Trustee and the Holders, duly created, enforceable and perfected Liens as contemplated hereby and by the Collateral Documents and the Intercreditor Agreement, so as to render the same available for the security and benefit of this Indenture and of the Notes and any Note Guarantee secured hereby, according to the intent and purposes herein expressed. The Issuer and any Guarantor will each take, and will cause their respective Restricted Subsidiaries to take (including as may be requested by the Trustee) any and all actions reasonably required to cause the Collateral Documents and the Intercreditor Agreement to create and maintain, as security for the Obligations of the Issuer and any Guarantor hereunder, in respect of the Collateral, valid and enforceable perfected Liens in and on such Collateral ranking in right and priority of payment as set forth in the Intercreditor Agreement and subject to no other Liens other than as permitted by the terms of this Indenture and the Intercreditor Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.