Security; 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 Agents, Reseller shall, prior to, on or after the Execution Date and from time to time thereafter execute and deliver, or cause to be executed by each Covered Person and delivered, to Administrative Agents such security agreements, mortgages and other security documents as they relate to the Collateral as reasonably requested by Administrative Agents from time to time, including the following documents, each satisfactory to Administrative Agents and Required Lenders:
Security; Guaranties. The Loans (both for principal and interest) shall be secured by the property described in a Security Agreement from the Customer and each of the Customer's subsidiaries and from certain other parties and by various mortgages and deeds of trust executed by the Customer and each of its subsidiaries (all of such documents, as the same may be amended, supplemented or restated from time to time being hereinafter referred to as the "Collateral Documents"). In addition, the Loans may also be secured by collateral which secures other indebtedness which the Customer may have outstanding from the Bank at the present time or in the future. The Bank shall have the right to call for additional security satisfactory to the Bank should the value of the collateral decline or be deemed by the Bank inadequate or unsatisfactory. The Loans shall at all times be guarantied by each subsidiary of the Customer and by various other entities pursuant to various guaranties satisfactory to the Bank.
Security; Guaranties. The Company’s obligations hereunder and, to the extent related hereto, the MLA shall be secured as provided in Section 2.04 of the MLA. In addition, the Company’s obligations hereunder and, to the extent related hereto, the MLA, are guaranteed by Pennichuck Corporation (as provided in the MLA).
Security; Guaranties. (i) Any of the Collateral Documents, shall, except as the direct result of the acts of Collateral Agent and other than with respect to an immaterial portion of the Collateral, fail to provide to Collateral Agent, for the benefit of the Secured Parties, the Liens, security interest having the priority required by this Agreement or the relevant Collateral Documents, rights, titles, interest, remedies permitted by law, powers or privileges intended to be created thereby or, except in accordance with its terms, cease to be in full force and effect or be declared null and void, or the validity thereof having the priority required by this Agreement or the relevant Collateral Documents or the applicability thereof to the Loans, the Notes (if any) or any other obligations purported to be secured or guaranteed thereby or any part thereof shall be disaffirmed by or on behalf of a Co-Borrower or, in respect of the Guaranty and Security Agreement, Holdings (other than following the satisfaction in full of the Obligations or any other termination of a Collateral Document in accordance with the terms hereof and thereof); or (ii) any Guaranty for any reason, other than the Discharge of Second Lien Secured Obligations, shall cease to be in full force and effect (other than in accordance with its express terms) or shall be declared to be null and void or any Guarantor shall repudiate its obligations thereunder, or any Guarantor or Affiliate thereof shall contest the validity or enforceability of any Guaranty.
Security; Guaranties. 53 8.1. Landlord Consents...........................................53 8.2.
Security; Guaranties. As security for the payment and performance of the Loan Obligations, Borrower shall on the Execution Date and from time to time thereafter execute and deliver, or cause to be executed and delivered, to Administrative Agent such security agreements, mortgages and other security documents as they relate to the Collateral as reasonably requested by Administrative Agent from time to time, including the following documents, each in form and substance satisfactory to Administrative Agent and the Required Lenders: Landlord Consents. With respect to any real property leased by Borrower or any other Covered Person upon which Inventory or other material amounts of Collateral are located, whether on, prior to or after the Effective Date, Borrower shall cause to be delivered to Administrative Agent such landlord consents and nondisturbance and attornment agreements as Administrative Agent shall reasonably request.
Security; Guaranties. 18 7.1 Security.........................................................18 7.2 Cross-Default....................................................20
Security; Guaranties. Subject and subordinated only to Liens securing the Company’s obligations to the Senior Bank pursuant to the Senior Credit Agreement, the indebtedness evidenced by this and other Notes and the obligations created hereby and thereby are (i) secured, pursuant to a Security Agreement in favor of the Holder and other holders of Notes by a senior first priority lien on the Company’s assets, pursuant to and in accordance with the Security Agreement by the Company and its Subsidiaries (as defined in the Purchase Agreement),in favor of the holders of the Notes (the “Security Agreement”), and (ii) guaranteed by a Guaranty Agreement by the Subsidiaries (the “Guaranty Agreement”). The Company represents and covenants that such grant of security interest and guaranties are, and shall remain while any indebtedness under any of the Notes is outstanding (including, but not limited to principal and accrued but unpaid interest thereon), senior in right to all other security interests and guaranties, of the Company with regard to all Company assets and is not and shall not be subordinated to any other security interest or guaranty of any other party, except for obligations to the Senior Bank, pursuant to the Senior Credit Agreement.
Security; Guaranties. (a) All obligations of the Company and the Guarantors under this Agreement, the Notes and all other Loan Documents shall be secured in accordance with the Collateral Documents.
Security; Guaranties
