Buyer Security Agreement definition

Buyer Security Agreement means the Pledge and Security Agreement, of even date herewith, by Buyer in favor of MHSI and the Company.
Sample 1Sample 2
Buyer Security Agreement means the Pledge and Security Agreement, of even date herewith, by Buyer in favor of Seller and the Operating Company in the form attached hereto as Exhibit G.
Sample 1Sample 2
Buyer Security Agreement as defined in Section 2.6(b)(iii).
Sample 1

Examples of Buyer Security Agreement in a sentence

  • A Member may not pledge, mortgage, encumber or hypothecate all or any part of its Membership Interest without the prior consent of the other Members, which consent may be withheld by such other Members in their reasonable discretion except as provided for in the Buyer Security Agreement or the Seller Security Agreement.

  • Notwithstanding the foregoing, any purchaser of Buyer's or Holdings' Membership Interest in accordance with the exercise by MHSI or the Company of the terms of the Buyer Security Agreement and the applicable provisions of the UCC and any purchaser of MHSI's Membership Interest in accordance with the exercise by Buyer or the Company of the terms of the Seller Security Agreement shall, upon execution of a counterpart to this Agreement become a Member with respect to the transferred Membership Interest.

  • Parent and Buyer Security Agreement, in the form attached hereto as Exhibit C.

  • The Members acknowledge that Buyer has granted a security interest in its Membership Interest pursuant to the Buyer Security Agreement.

  • Upon the resolution of any such dispute in Buyer's favor, the amount in dispute shall not be considered due and owing and the Company and the Administrative Member shall have no rights whatsoever with respect to such amount under Section 4.4(a) or (c) hereof or the Buyer Security Agreement.

  • Upon the election by either of the Secured Parties (as defined in the Buyer Security Agreement) to hold the Collateral in accordance with Section 3(f) of the Buyer Security Agreement, notwithstanding Article X of this Agreement, MHSI will thereupon be automatically admitted to the Company as a Member with respect to Buyer's Membership Interest hereunder, and concurrently, Buyer will cease to be a Member.

  • This Note shall be secured by the Buyer Security Agreement and all Buyer Security Documents provided in the Purchase Agreement.

  • Company shall take all actions necessary to secure the Buyer Security Agreement and all other Buyer Security Documents in accordance with the terms and conditions of the Purchase Agreement.

  • For the avoidance of doubt, nothing herein shall amend the governing law or jurisdiction provisions set forth in, and this Section 23 will not apply in respect of, the AU Buyer Security Agreement, the AU Transferred Entity Guarantee or the AU Transferred Entity Security Agreement.

  • This Agreement constitutes, and the Amended LLC Agreement, the Buyer Security Agreement and the Amended Credit Support Agreement, when executed at Closing, will constitute, valid and binding obligations of Buyer, enforceable against Buyer in accordance with their respective terms.


More Definitions of Buyer Security Agreement

Buyer Security Agreement means the Pledge and Security Agreement, dated as of October 1, 1994, made by the Buyer to ANB, as the same may from time to time be amended, supplemented or otherwise modified as provided herein.
Sample 1
Buyer Security Agreement means that certain Security Agreement dated as of the date hereof, between the Seller, Seller Equityholder and the Buyer.
Sample 1
Buyer Security Agreement has the meaning set forth in ss.2(c)(ii) below.
Sample 1
Buyer Security Agreement has the meaning set forth in Section 2.01(b).
Sample 1

Related to Buyer Security Agreement

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Company Security Agreement means the Company Security Agreement executed and delivered by the Company on the Effective Date, substantially in the form of EXHIBIT 1.1(D) annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Subsidiary Security Agreement means each Subsidiary Security Agreement executed and delivered by an existing Guarantor on the Effective Date or executed and delivered by any additional Guarantor from time to time thereafter in accordance with SECTION 7.8, in each case substantially in the form of EXHIBIT 1.1(I) annexed hereto, as such Subsidiary Security Agreement may be amended, supplemented or otherwise modified from time to time, and "SUBSIDIARY SECURITY AGREEMENTS" means all such Subsidiary Security Agreements.

  • U.S. Security Agreement means the security and pledge agreement, dated as of the Original Closing Date (as amended, restated, supplemented or otherwise modified from time to time), executed in favor of the Administrative Agent and the other “Secured Parties” described therein by each of the Loan Parties party thereto.

  • Trademark Security Agreement means each Trademark Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit D.

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • IP Security Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Collateral Agent and dated as of the Effective Date, as may be amended, restated, or otherwise modified or supplemented from time to time.

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Canadian Security Agreement means the general security agreement, dated as of the date hereof (as amended, supplemented or otherwise modified from time to time), between the Borrower as “Debtor”, and Agent.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • IP Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Trademark Security Agreements means the Trademark Security Agreements made in favor of Agent, on behalf of Lenders, by each applicable Credit Party.

  • Copyright Security Agreement means each Copyright Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit A.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Canadian Security Agreements means each of (a) that certain Amended and Restated Canadian Pledge and Security Agreement dated as of August 31, 2022, among the Canadian Loan Parties and the Administrative Agent, (b) any deed of hypothec entered into by a Canadian Loan Party in favor of the Administrative Agent and (c) as the context requires, any other pledge or security agreement (including Bank Act Security) after the Restatement Effective Date by any other Canadian Loan Party (as required by this Agreement or any other Loan Document), as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Existing Security Agreement has the meaning set forth in the recitals hereto.

  • Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Loan and Security Agreement “thereunder”, “thereof” or similar words referring to the Loan Agreement shall mean and be a reference to this Agreement and (b) each reference in the Financing Agreements to a “Note” or “Revolving Credit Note” shall mean and be a Revolving Credit Note as defined in this Agreement.

  • Patent Security Agreement means each Patent Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit B.

  • Intellectual Property Security Agreement Supplement means, collectively, any intellectual property security agreement supplement entered into in connection with, and pursuant to the terms of, any Intellectual Property Security Agreement.

  • IP Security Agreements means the Trademark Security Agreement, the Patent Security Agreement and the Copyright Security Agreement.

  • Short-Form IP Security Agreements means short-form patent, trademark or copyright (as the case may be) security agreements, substantially in the forms of Exhibits J, K and L to this Agreement, as applicable, entered into by one (1) or more Obligors in favor of the Administrative Agent for the benefit of each Secured Party.