Common Contracts
2 similar Security Agreement contracts by Solutia Inc
SECURITY AGREEMENT by SOLUTIA INC. and THE SUBSIDIARIES PARTY HERETO, as Grantors, and CITIBANK, N.A., as Collateral Agent Dated as of February 28, 2008Security Agreement • March 4th, 2008 • Solutia Inc • Chemicals & allied products • New York
This instrument, the rights and obligations evidenced hereby, and the liens created hereunder, are subordinate in the manner and to the extent set forth in the Intercreditor Agreement (the “Intercreditor Agreement”), dated as of February 28, 2008, by and among SOLUTIA INC., a Delaware corporation (the “Company”), each of the Company’s Subsidiaries party thereto from time to time and CITIBANK, N.A. (“Citi”), in its capacity as administrative agent for the holders of the Term Loan Obligations, and as collateral agent for the holders of the Term Loan Obligations, Citi, in its capacity as administrative agent for the holders of the Revolving Credit Obligations, and as collateral agent for the holders of the Revolving Credit Obligations, as amended from time to time; and each holder of this instrument, by its acceptance hereof, irrevocably agrees to be bound by the provisions of the Intercreditor Agreement.
SECURITY AGREEMENT by SOLUTIA INC. and THE SUBSIDIARIES PARTY HERETO, as Grantors, and CITIBANK, N.A., as Collateral Agent Dated as of February 28, 2008Security Agreement • March 4th, 2008 • Solutia Inc • Chemicals & allied products • New York
This instrument, the rights and obligations evidenced hereby, and the liens created hereunder, are subordinate in the manner and to the extent set forth in the Intercreditor Agreement (the “Intercreditor Agreement”), dated as of February 28, 2008, by and among SOLUTIA INC., a Delaware corporation (the “Company”), each of the Company’s Subsidiaries party thereto from time to time and CITIBANK, N.A. (“Citi”), in its capacity as administrative agent for the holders of the Term Loan Obligations, and as collateral agent for the holders of the Term Loan Obligations, Citi, in its capacity as administrative agent for the holders of the Revolving Credit Obligations, and as collateral agent for the holders of the Revolving Credit Obligations, as amended from time to time; and each holder of this instrument, by its acceptance hereof, irrevocably agrees to be bound by the provisions of the Intercreditor Agreement.
