Borrowers Security Agreement definition

Borrowers Security Agreement means that certain Amended and Restated 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 C attached hereto.

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.

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

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.

• The PAC works to encourage the growth of educational excellence through its strong support of our school.

• 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.

• All actions shall have been ---------------------------------- taken as are necessary or appropriate for Bank to maintain a valid and perfected first lien in the personal property described in the Borrower's Security Agreement and the Collateral Assignment, including without limitation, the filing and recording of such Post Bankruptcy Loan Documents as may be necessary and appropriate.

• If the latest check date is older than 30 days, this is indicative that there has been a change in income.

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 assigning to Agent, and granting Agent a security interest in, the Intercompany Notes, in form, scope, and substance acceptable to Agent.

Borrowers Security Agreement means a security agreement, 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 22, 1999, by and between the Company and Buyer.

Borrowers Security Agreement means the Second Amended and Restated Security Agreement dated of even date herewith executed by Borrower assigning to Agent, and granting Agent a security interest in, the Intercompany Notes, in form, scope, and substance acceptable to Agent.

Borrowers Security Agreement means the Security Agreement of even date herewith entered into among Collateral Agent, on behalf of itself, Agent and Lenders and Borrowers.

Borrowers Security Agreement the Borrowers Security Agreement date June 12, 1996 executed and delivered by each Borrower, substantially in the form of Exhibit B, as the same has been or may be amended, supplemented or otherwise modified from time to time.