Use Prior to Default. Effective until Pledgee’s exercise of its rights and remedies upon the occurrence and during the continuance of an Event of Default under and as defined in the Loan Documents (an “Event of Default”), Pledgor shall be entitled to use the Collateral, subject to the terms and covenants of the Loan Documents and this Security Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (SMART Modular Technologies (DE), Inc.), Security Agreement (SMART Modular Technologies (WWH), Inc.)
Use Prior to Default. Effective until Pledgee’s exercise of its rights and remedies upon the occurrence and during the continuance of an Event of Default under and as defined in the Loan Documents Financing Agreements (an “Event of Default”), Pledgor Pledgors shall be entitled to use the CollateralCollateral in the ordinary course of its business, subject to the terms and covenants of the Loan Documents Financing Agreements and this Security Agreement.
Appears in 2 contracts
Samples: Collateral Assignment of Trademarks (Security Agreement) (New York & Company, Inc.), Security Agreement (New York & Company, Inc.)
Use Prior to Default. Effective until Pledgee’s exercise of its rights and remedies upon the occurrence and during the continuance of an Event of Default under and as defined in the Loan Documents Financing Agreements (an “Event of Default”), Pledgor shall be entitled to use the CollateralCollateral in the ordinary course of its business, subject to the terms and covenants of the Loan Documents Financing Agreements and this Security Agreement.
Appears in 2 contracts
Samples: Security Agreement (New York & Company, Inc.), Collateral Assignment of Trademarks (New York & Company, Inc.)
Use Prior to Default. Effective until Pledgee’s exercise of its rights and remedies upon the occurrence and during the continuance of an Event of Default under and as defined in the Loan Documents (an “Event of Default”), . Pledgor shall be entitled to use the Collateral, subject to the terms and covenants of the Loan Documents and this Security Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (SMART Modular Technologies (DE), Inc.)
Use Prior to Default. Effective until Pledgee’s exercise of its rights and remedies upon the occurrence and during the continuance of an Event of Default under and as defined in the Loan Security Documents (an “Event of Default”), Pledgor shall be entitled to use the Collateral, subject to the terms and covenants of the Loan Security Documents and this Security Agreement.
Appears in 1 contract
Samples: Security Agreement (SMART Modular Technologies (DE), Inc.)
Use Prior to Default. Effective until Pledgee’s 's exercise of its rights -------------------- and remedies upon the occurrence and during the continuance of an Event of Default under and as defined in the Loan Documents Financing Agreements (an “"Event of Default”"), Pledgor shall be entitled to use the CollateralCollateral in the ordinary course of its business, subject to the terms and covenants of the Loan Documents Financing Agreements and this Security Agreement.
Appears in 1 contract
Samples: Efax Com Inc
Use Prior to Default. Effective until Pledgee’s exercise of its rights and remedies upon the occurrence and during the continuance of an Event of Default under and as defined in the Loan Documents Indenture (an “Event of Default”), Pledgor shall be entitled to use the Collateral, subject to the terms and covenants of the Loan Security Documents and this Security Agreement.
Appears in 1 contract
Samples: Security Agreement (SMART Modular Technologies (DE), Inc.)
