Common Contracts

2 similar Security Agreement contracts by Music123, Inc.

SECURITY AGREEMENT
Security Agreement • June 30th, 2011 • Music123, Inc. • Retail-radio, tv & consumer electronics stores • New York

SECURITY AGREEMENT (this “Agreement”), dated as of October 9, 2007, by and among (a) VH MergerSub, Inc. (prior to the Merger (as defined below), the “Borrower”), to be merged (“Merger”) with and into Guitar Center, Inc. (“Guitar Center” and, after the Merger, the “Borrower”) (b) each of the Persons listed on Schedule I hereto (each such Person, individually, a “Facility Guarantor” and, collectively, the “Facility Guarantors”) (the Borrower and the Facility Guarantors are hereinafter referred to, individually, as a “Grantor” and, collectively, as the “Grantors”), and (c) JPMorgan Chase Bank, N.A., a national banking association, as collateral agent (in such capacity, the “Collateral Agent”) for its own benefit and the benefit of the other Secured Parties, in consideration of the mutual covenants contained herein and benefits to be derived herefrom.

AutoNDA by SimpleDocs
SECURITY AGREEMENT
Security Agreement • June 30th, 2011 • Music123, Inc. • Retail-radio, tv & consumer electronics stores • New York

SECURITY AGREEMENT (this “Agreement”), dated as of October 9, 2007, by and among (a) each of the Persons listed on Schedule I hereto (each such Person, individually, a “Borrower” and, collectively, the “Borrowers”), (b) each of the Persons listed on Schedule II hereto (each such Person, individually, a “Facility Guarantor” and, collectively, the “Facility Guarantors”) (the Borrowers and the Facility Guarantors are hereinafter referred to, individually, as a “Grantor” and, collectively, as the “Grantors”), and (c) JPMorgan Chase Bank, N.A., a national banking association, as collateral agent (in such capacity, the “Collateral Agent”) for its own benefit and the benefit of the other Secured Parties, in consideration of the mutual covenants contained herein and benefits to be derived herefrom.

Time is Money Join Law Insider Premium to draft better contracts faster.