Borrowers Security Agreement definition

Borrowers Security Agreement means that certain Security Agreement dated as of even date herewith, made by the Borrower in favor of the Administrative Agent for the ratable benefit of the Banks, substantially in the form of Exhibit B attached hereto.

Borrowers Security Agreement means a security agreement substantially in the form of EXHIBIT I, between Borrower and Administrative Agent.

Borrowers Security Agreement the Borrowers Security Agreement to be executed and delivered by each Borrower, substantially in the form of Exhibit B, as the same may be amended, supplemented or otherwise modified from time to time.

Examples of Borrowers Security Agreement in a sentence

• The Lender shall have received executed counterparts of the Borrower's Security Agreement together with such UCC-1 financing statements and UCC search reports as the Lender may require.

• Schedule I to the Borrower's Security Agreement is hereby amended to read as set forth in Exhibit B hereto, which Exhibit B is hereby made part of such Security Agreement as Schedule I thereto.

• The Lender shall have received executed counterparts of the Borrower's Security Agreement together with such UCC-1 financing statements and UCC search reports as Lender may require.

• By its execution and delivery of this Amendment Agreement, Xxx Alabama (i) agrees to be bound by all of the terms and provisions of the Borrowers Security Agreement, (ii) hereby, and thereby, grants a security interest in all assets owned by it which meet the description of Collateral set forth on Schedule A of the Borrowers Security Agreement to secure all Obligations and (iii) agrees and confirms that it and such assets shall be subject to the terms and provisions of the Borrowers Security Agreement.

• For the avoidance of doubt, except as expressly provided in the Limited Guaranty, and subject to Parent's obligations under the Original Borrowers Security Agreement, as amended by the Original Borrowers Security Agreement Amendment, in no circumstance shall any of the Banks, Administrative Agent, or any of their Affiliates, agents, or other related persons, have recourse against Parent or any of its assets under this Agreement, the Existing Loan Agreement or any of the other Loan Documents.

More Definitions of Borrowers Security Agreement

Borrowers Security Agreement means the Debtor-in-Possession Security Agreement, substantially in the form of Exhibit W, dated as of the Closing Date, among Borrowers, the Borrowers' REO Subsidiaries and Collateral Agent, as the same may be hereafter amended, amended and restated, supplemented or modified from time to time after the Closing Date in accordance with the terms hereof and thereof.

Borrowers Security Agreement means the Amended and Restated Security Agreement executed by Borrower in favor of Administrative Agent, of even date herewith, in form and substance satisfactory to Administrative Agent, as the same may be amended, supplemented, or modified.

Borrowers Security Agreement means a security agreement in form and content acceptable to the Bank, duly executed by the Borrower and delivered to the Bank pursuant to Section 5.1(H) hereof.

Borrowers Security Agreement means the Security and Pledge Agreement dated as of November 21, 1999, by and between the Company and Buyer.

Borrowers Security Agreement has the meaning assigned to it in ---------------------------- Section 6.2(a).

Borrowers Security Agreement the Assumed Amended and Restated Borrowers Security Agreement to be executed and delivered by the Company and TWP Capital II, substantially in the form of Exhibit C, as the same may be amended, supplemented or otherwise modified from time to time.

Borrowers Security Agreement means the Security Agreement executed and delivered by each Borrower pursuant to Section 5.1.6, substantially in the form of Exhibit E-1 hereto, as amended, supplemented, amended and restated or otherwise modified from time to time.