Security Title. Security title and right of possession without legal process of the Equipment sold hereunder shall remain with the Seller until all payments hereunder (including deferred payments whether evidenced by note or otherwise) shall have been made in cash, and the Buyer agrees to do all acts necessary to perfect and maintain such right and security title in the Seller. It is the intention of the parties that the Equipment delivered hereunder shall remain personal property until all payments have been made in full.
Security Title. Any reference herein to the term “lien”, “Lien” or words of similar import shall be deemed also to mean “security title” and “security interest” of this Deed to Secure Debt.
Security Title. All references in this Security Instrument to a “lien” or “liens” are to be deemed modified to include “security title” within the meaning of such term.
Security Title. (a) Within 30 days of the Effective Date, the Administrative Agent shall have received from each party thereto duly executed counterparts (in such number as may be requested by the Administrative Agent) of the Security Instruments described on Exhibit F. In connection with the execution and delivery of the Security Instruments, the Administrative Agent shall be reasonably satisfied that the Security Instruments create first priority, perfected Liens (subject only to Excepted Liens identified in clauses (a) to (d) and (f) of the definition thereof, but subject to the provisos at the end of such definition) on at least 75% of the total value of the Acquisition Properties, as determined by the Administrative Agent.
Security Title. The words “lien and security interest hereof,” or words of similar import shall mean the liens, security interests and security title herein conveyed.
Security Title. In addition, notwithstanding any references to the Grantor conveying a "lien" on the Mortgaged Property to the Grantee, this Instrument (a) shall operate for all purposes as a deed to secure debt under those provisions of the existing laws of the State of Georgia relating to deeds to secure debt, and not as a mortgage; and (b) is to be construed as a deed passing title to the Mortgaged Property to Grantee, subject to reconveyance, rather than as the mere placement of a lien upon the Land.
Security Title. Security title and right of possession of the products sold hereunder shall remain with Seller until all payments due from Buyer to Seller (Including deferred payments whether evidenced by notes or otherwise) shall have been made in cash and Buyer agrees to do all acts necessary to perfect and maintain such security right and title in Seller.
Security Title
