Amended and Restated General Security Agreement definition
Examples of Amended and Restated General Security Agreement in a sentence
The Note is secured by (a) that certain Amended and Restated General Security Agreement from Borrower and Guarantors, as "Debtor" therein, to Lender, as "Secured Party" therein, dated November 19, 1997 (hereinafter referred to as the "Security Agreement"), and (b) all of the "Loan Documents," as that term is defined in that certain Amended and Restated Commercial Loan Agreement dated March 2, 1998 (hereinafter referred to as the "Loan Agreement").
The obligations of the Company hereunder and under similar notes aggregating the principal amount of up to $200,000, are secured by an Amended and Restated General Security Agreement dated as of the date hereof (the "Security Agreement").
Except as expressly set forth in this Agreement relating to the 2002 Amended and Restated Promissory Note, no other amendment or modification is made to any other provision of the 2002 Amended and Restated Promissory Note, the Amended and Restated General Security Agreement, the Loan Agreement between Xxxxxx and Teltronics dated as of March 27, 2002 ("Loan Agreement"), or any other agreement entered into between Xxxxxx and Teltronics.
The Borrower has executed and delivered the Amended and Restated General Security Agreement dated as of October 25, 2006 as amended, in favor of Administrative Agent (“Borrower GSA”).
General Security Agreement - the Amended and Restated General Security Agreement by each Loan Party in favor of the Canadian Agent, for the benefit of the Secured Parties.
No other changes or modifications to the 2002 Amended and Restated Promissory Note, the Amended and Restated General Security Agreement, the Loan Agreement or any other agreement are intended or implied and in all other respects, such agreements shall continue in full force and effect in accordance with the terms thereof and are hereby ratified and confirmed as in full force and effect.
The Guarantors a party hereto have executed and delivered the Amended and Restated General Security Agreement dated as of October 25, 2006, as amended and supplemented, in favor of the Administrative Agent (“Guarantor GSA”) and the Amended and Restated Continuing, Absolute and Unconditional Guaranty dated as of October 25, 2006, as amended and supplemented, in favor of the Administrative Agent (the “Guaranty”).
Teltronics acknowledges that such amounts will continue to be secured pursuant to and as set forth in the Amended and Restated General Security Agreement.
Teltronics shall also deliver a UCC-1 Financing Statement covering the collateral covered by the Amended and Restated General Security Agreement, which UCC-1 shall be filed in the State of Delaware.
This Agreement amends, restates and replaces in its entirety that certain Amended and Restated General Security Agreement, dated as of July 10, 2003, among the parties hereto.