Examples of Bank Collateral Documents in a sentence
The Company also expects to pledge and grant security interests in the Collateral, pursuant to the Bank Collateral Documents, as security for the Bank Credit Facility Obligations.
The Company also expects to pledge and grant security interests in the Collateral, pursuant to the Bank Collateral Documents, as security for any Bank Credit Facility Obligations.
Accordingly, any payments made by these Intervenors shall not transfer to them any rights in any of the Bank Agreements including, without limitation, the Bank Collateral Documents.
The Borrower’s obligations to the Bank under this Reimbursement Agreement and the Guarantors’ obligations to the Bank under the Guaranty shall be secured by a first priority lien on all personal property collateral pledged to the Bank under the Bank Collateral Documents.
This Agreement shall expire on the earlier to occur of (a) the refinancing of the Bank Indebtedness, and (b) payment of the Bank Indebtedness; provided, however, the provisions hereof shall continue during the pendency of any action by Bank to enforce its rights under the Bank Collateral Documents.