Common Contracts
2 similar Guaranty and Collateral Agreement contracts
ContractGuaranty and Collateral Agreement • May 5th, 2020 • New York
EX-10.2 3 ckh-03312019xex102shiguara.htm EXHIBIT 10.2 Execution Version GUARANTY AND COLLATERAL AGREEMENT Dated as of March 19, 2019 among SEACOR HOLDINGS INC. and the other Grantors from time to time party hereto in favor of JPMORGAN CHASE BANK, N.A., as Security Trustee 4823-9888-3206v7 TABLE OF CONTENTS Page SECTION 1. DEFINED TERMS 1 1.1 Definitions 1 1.2 Other Definitional Provisions 5 SECTION 2. GUARANTEE 5 2.1 Guarantee 5 2.2 Right of Contribution 6 2.3 No Subrogation 6 2.4 Amendments, etc. with respect to the Obligations 6 2.5 Guarantee Absolute and Unconditional 6 2.6 Reinstatement 7 2.7 Payments 7 2.8 Keepwell 7 SECTION 3. GRANT OF SECURITY INTEREST 9 SECTION 4. REPRESENTATIONS AND WARRANTIES 9 4.1 Perfected First Priority Liens 10 4.2 Jurisdiction of Organization or Incorporation; Chief Executive Office 10 4.3 Pledged Notes; Pledged Stock 10 4.4 Receivables 10 4.5 Contracts 10 SECTION 5. COVENANTS 11 5.1 Covenants Under the Credit Agreement 11 5.2 Delivery of Instruments and
ContractGuaranty and Collateral Agreement • May 5th, 2020 • New York
Execution Version GUARANTY AND COLLATERAL AGREEMENT Dated as of March 19, 2019 among SEACOR HOLDINGS INC. and the other Grantors from time to time party hereto in favor of JPMORGAN CHASE BANK, N.A., as Security Trustee 4823-9888-3206v7 TABLE OF CONTENTS Page SECTION 1. DEFINED TERMS 1 1.1 Definitions 1 1.2 Other Definitional Provisions 5 SECTION 2. GUARANTEE 5 2.1 Guarantee 5 2.2 Right of Contribution 6 2.3 No Subrogation 6 2.4 Amendments, etc. with respect to the Obligations 6 2.5 Guarantee Absolute and Unconditional 6 2.6 Reinstatement 7 2.7 Payments 7 2.8 Keepwell 7 SECTION 3. GRANT OF SECURITY INTEREST 9 SECTION 4. REPRESENTATIONS AND WARRANTIES 9 4.1 Perfected First Priority Liens 10 4.2 Jurisdiction of Organization or Incorporation; Chief Executive Office 10 4.3 Pledged Notes; Pledged Stock 10 4.4 Receivables 10 4.5 Contracts 10 SECTION 5. COVENANTS 11 5.1 Covenants Under the Credit Agreement 11 5.2 Delivery of Instruments and Tangible Chattel Paper 11 5.3 Delivery of Pledged Sto
