Security; Guaranty. The Company’s obligations under this Debenture are secured by a first priority lien on all finished goods inventory and accounts receivable of the Company and its Subsidiaries pursuant to a Security Agreement (the “Security Agreement”) by and among, the Company, the Subsidiaries, the holders of the Debentures and Manchester Securities Corp., a New York corporation, as collateral agent. The Company’s obligations under the Purchase Agreement and the Debentures are guaranteed by a Subsidiary pursuant to a guaranty dated as of the date hereof.
Security; Guaranty. The Indenture is hereby amended and supplemented by the addition of the following Article 13:
Security; Guaranty. The Company's obligations under the Convertible Notes will be secured by the collateral set forth in that certain Security Agreement (the "SECURITY AGREEMENT") dated as of the Closing Date between the Company and Harris Toibb ("TOIBB") as Agent for himself and the other purchaxxxx xx xxx Conxxxxxble Notes, in the form attached hereto as EXHIBIT C, and guaranteed pursuant to the Guaranty made by the Guarantors (as defined in the Guaranty) in favor of Toibb as Agent for himself and the other purchasers of the Convertible Notes, in the form attached hereto as EXHIBIT D.
Security; Guaranty. The LESSEE’S obligations to post and maintain a Security Deposit under Section 5 of the original Lease shall also be required during the Extended Term.
Security; Guaranty. Subject to the provisions of the Indenture, Navient Corporation hereby fully, irrevocably and unconditionally guarantees, jointly and severally, on an unsecured basis, the full and punctual payment (whether at the date of maturity, upon redemption, purchase pursuant to an offer to purchase or acceleration, or otherwise) of the principal of, premium, if any, and interest on, and all other amounts payable under, each Security, and the full and punctual payment of all other amounts payable by the Successor Company under the Indenture. Upon failure by the Successor Company to pay punctually any such amount, the Guarantor shall forthwith on demand pay the amount not so paid at the place and in the manner specified in the Indenture.
Security; Guaranty. (1) Subject to the provisions of this Article XIV, the Guarantor hereby fully and unconditionally guarantees to each Holder of a Security authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, the full payment of principal, premium, if any, interest, if any, on, and all other monetary obligations of the Issuers under this Indenture and the Securities with respect to each Security authenticated and delivered by the Trustee pursuant to and in accordance with this Indenture whether at stated maturity, upon redemption or purchase pursuant to an offer to purchase or otherwise (all of the foregoing being hereafter collectively called the “Obligations”). The Guarantor further agrees that the Obligations may be extended or renewed, in whole or in part, without notice or further assent from the Guarantor and that the Guarantor shall remain bound under this Article XIV notwithstanding any extension or renewal of any Obligation. The Guarantor agrees that this is a guarantee of payment and not a guarantee of collection.
(2) To evidence its Guaranty set forth in this Article XIV, the Guarantor hereby agrees that this Indenture shall be executed on behalf of such Guarantor by an officer of such Guarantor. The Guarantor hereby agrees that its Guaranty set forth in this Article XIV shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Guaranty on the Securities and the delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guaranty provided for herein on behalf of the Guarantor. If an officer whose signature is on this Indenture no longer holds that office at the time the Trustee authenticates the Securities, the Guaranty provided for herein shall be valid nevertheless.
(3) The Guarantor hereby agrees that, to the maximum extent permitted under applicable law, its obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Securities or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Securities with respect to any provisions hereof or thereof, the recovery of any judgment against the Issuers, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. Subject to Section 5.06, the Guarantor hereby waives diligence, prese...
Security; Guaranty. This Note is secured by certain Security Documents (which documents, together with any other instrument securing this Note and as may be amended from time to time, are hereinafter collectively referred to as the “Security Documents”) including without limitation a Security Agreement dated as of the date hereof between Borrower and Lender and a Pledge Agreement dated as of the date hereof between Guarantor and Lender. This Note is entitled to all of the benefits of the Security Documents, and specific reference is hereby made to such instruments for all purposes. In addition Lender shall benefit from a Guaranty dated the date hereof (the “Guaranty” and together with this Note and the Security Documents, the “Loan Documents”) by US Dry Cleaning Corporation (the “Guarantor”).
Security; Guaranty. This Note is secured by the collateral defined in the Security Agreement and by the collateral defined in the Subsidiary Security Agreement. This Note and the obligations hereunder and under the Security Agreement and the Subsidiary Security Agreement are guaranteed by the Subsidiaries of the Company pursuant to the Subsidiary Guaranty.
Security; Guaranty. INVESTORS RIGHTS. The Company's obligations under the Convertible Note will be secured by the collateral set forth in that certain Security and Pledge Agreement (the "DECEMBER SECURITY AGREEMENT") dated as of the Closing Date by and among the Company, the subsidiaries of the Company named therein and Harris Toibb ("TOIBB") as agent for himself and the other purchaxxxx xx xxx Conxxxxxble Notes ("AGENT"), in the form attached hereto as EXHIBIT C, and guaranteed pursuant to the Guaranty dated as of the Closing Date (the "DECEMBER GUARANTY") made by the Guarantors (as defined in the December Guaranty) in favor of Toibb as Agent for himself and the other purchasers of the Convertible Notes, in the form attached hereto as EXHIBIT D. The parties hereto, along with certain other entities or individuals, are entering into an Investor Rights Agreement dated the Closing Date (the "INVESTOR RIGHTS AGREEMENT").
Security; Guaranty. This Note is secured by the Mortgages. This Note is guaranteed by the Unconditional and Continuing Guaranty of Guarantor.