Collateral Security Agreements definition
Examples of Collateral Security Agreements in a sentence
Purchaser agrees to obtain a full and unconditional release of all liens, claims or encumbrances on the Deposit Collateral represented by the Deposit Collateral Security Agreements, or otherwise arising out of such pledge, by substituting collateral of Purchaser satisfactory to such depositors or otherwise, on or before the Closing.
In the event that Purchaser does not obtain the release of the Deposit Collateral Security Agreements prior to Closing, Purchaser hereby agrees that Purchaser will purchase the Deposit Collateral on the Closing Date at a price equal to the Deposit Collateral Value.
Except for this Agreement and the other agreements contemplated hereby, Company is not a party to any agreement or instrument materially and adversely affecting its ability to cause the production and delivery of any of the Collateral described in the Collateral Security Agreements, and Company is not in default in the performance, observance or fulfillment of any material instrument or agreement to which it is a party.
This note shall be secured by the Collateral described in those certain Collateral Security Agreements dated as of even date hereof.
If applicable, Seller has pledged or otherwise encumbered the Assets of Seller listed in Schedule 6.15 under the Deposit Collateral Security Agreements to secure all of Seller’s obligations to perform under the Deposits and purchased Excluded Deposits set forth therein.
Seller has pledged or otherwise encumbered the assets of Seller listed in Schedule 6.18 under the Deposit Collateral Security Agreements to secure all of Seller's obligations to perform under the Deposits set forth therein.
The Administrative Agent shall have received from each party thereto duly executed counterparts (in such number as may be requested by the Administrative Agent) of the Second Omnibus Amendment to Deeds of Trusts, Fixture Filings, Assignments of As-Extracted Collateral, Security Agreements and Financing Statements dated as of the date hereof extending the Maturity Date.
In the event that Purchaser does not obtain the release of the Deposit Collateral Security Agreements within 30 days after Closing, Purchaser hereby agrees that Purchaser will purchase the Deposit Collateral on such thirtieth day after Closing at a price equal to the Deposit Collateral Value.
Seller has pledged or otherwise encumbered the Assets of Seller listed in Schedule 6.15 under the Deposit Collateral Security Agreements to secure all of Seller's obligations to perform under the Deposits set forth therein.
The WFOE Subsidiaries shall have executed and delivered to the Purchasers the additional Collateral Security Agreements described in Section 3.5 hereof.