Commercial Security Agreement definition

Commercial Security Agreement means a security agreement or agreements granting the Authority a security interest in the Collateral.

Commercial Security Agreement means dated as of the date

Commercial Security Agreement means the Amended and Restated Commercial Security Agreement December 27, 2024, and executed by Borrower, Heritage Global Partners Inc., a California corporation (“HGP”), Heritage Global LLC, a Delaware limited liability company (“HG”), Heritage ALT LLC, formerly known as Equity Partners HG LLC, a Delaware limited liability company (“EPHG”), National Loan Exchange, Inc., an Illinois company (“NLEX”), Heritage Global Capital LLC, a Delaware limited liability company (“HGC”), HG ALT LLC, a Connecticut limited liability company (“HG ALT”), and HGPNP, LLC, a Delaware limited liability company (“HGPNP”) together with HGP, HG, EPHG, NLEX and HG ALT, each a “Grantor” and collectively, the “Grantors”), in the principal amount of Ten Million and No/100 Dollars ($10,000,000.00), together with all renewals of, extensions of, modifications of, refinancings or, consolidations of, and substitutions for the note or credit agreement.” For avoidance of doubt, such Amended and Restated Commercial Security Agreement shall be executed by Grantors in favor of Lender concurrently herewith in the form set forth in Exhibit C attached hereto.

Examples of Commercial Security Agreement in a sentence

The word "Agreement" means this Commercial Security Agreement, as this Commercial Security Agreement may be amended or modified from time to time, together with all exhibits and schedules attached to this Commercial Security Agreement from time to time.
The word “Agreement” means this Commercial Security Agreement, as this Commercial Security Agreement may be amended or modified from time to time, together with all exhibits and schedules attached to this Commercial Security Agreement from time to time.
The word "Agreement" means this Security Agreement, as this Security Agreement may be amended or modified from time to time, together with all exhibits and schedules attached to this Commercial Security Agreement from time to time.
The word "Agreement' means this Commercial Security Agreement, as this Commercial Security Agreement may be amended or modified from time to time, together with all exhibits and schedules attached to this Commercial Security Agreement from time to time.
The LC will be substantially in the form of the LC attached hereto as Exhibit "B," and shall secure the Citizens LOC pursuant to the terms of the Commercial Security Agreement between RemoteMDx and Citizens Bank attached hereto as Exhibit "C".

More Definitions of Commercial Security Agreement

Commercial Security Agreement means the security agreement in the form of Exhibit A executed concurrently with this Supplement. “Disbursement Request and Authorization” means the disbursement request and authorization substantially in the form of Exhibit B attached hereto. “Engine” means any of the two (2) CFM56-7B26 aircraft engines with serial numbers of 874659 and 890626, the one (1) CFM56-5B5/P aircraft engine with a serial number of 779686 and the Avianca LLP Inventory Set 1. “Engines” means each Engine. “Term Loan I” means an extension of credit to CAS by Lender pursuant to this Supplement. “Term Loan I Maturity Date” means the first to occur of: (1) September 28, 2025; and (2) the date on which Term Loan I is accelerated as provided hereunder, in Term Note I or in the Master Loan Agreement. “Term Note I” means the Promissory Note of CAS in the form of Exhibit C to be executed concurrently with this Supplement.

Commercial Security Agreement is hereby deleted in its entirety and the following is hereby inserted in its place: “The word “Commercial Security Agreement” means the Amended and Restated Commercial Security Agreement December 27, 2024, and executed by Borrower, Heritage Global Partners Inc., a California corporation (“HGP”), Heritage Global LLC, a Delaware limited liability company (“HG”), Heritage ALT LLC, formerly known as Equity Partners HG LLC, a Delaware limited liability company (“EPHG”), National Loan Exchange, Inc., an Illinois company (“NLEX”), Heritage Global Capital LLC, a Delaware limited liability company (“HGC”), HG ALT LLC, a Connecticut limited liability company (“HG ALT”), and HGPNP, LLC, a Delaware limited liability company (“HGPNP”) together with HGP, HG, EPHG, NLEX and HG ALT, each a “Grantor” and collectively, the “Grantors”), in the principal amount of Ten Million and No/100 Dollars ($10,000,000.00), together with all renewals of, extensions of, modifications of, refinancings or, consolidations of, and substitutions for the note or credit agreement.” For avoidance of doubt, such Amended and Restated Commercial Security Agreement shall be executed by Grantors in favor of Lender concurrently herewith in the form set forth in Exhibit C attached hereto.

Commercial Security Agreement. Agreement Date - November 20, 2000; Secured Amount - $465,412 (Loan No. 18; Account Xx. 0000000000); Xxxxxxxxxxx - xxxx (xxxxxxxxxx); Borrower/Grantor - Xxxx Office Systems, Inc.; Lender/Grantee - Xxxxx Fargo Bank New Mexico, N.A.

Commercial Security Agreement means the security agreement in the form of Exhibit A executed concurrently with this Supplement.

Commercial Security Agreement means the commercial security agreement dated of even date herewith containing terms and conditions acceptable to Lender, and otherwise being substantially in the form of Exhibit "A", executed by the Borrowers to secure the Obligations as the same may be amended, renewed, extended, increased, restated, and/or replaced from time to time.

Commercial Security Agreement means the security agreements from Borrower to Lender pledging security interests in all of the Collateral and such security agreements as the Borrower shall execute in the future with respect to any future Advance from the Revolving Line of Credit Loan securing interests in certificates of deposit purchased in the future to secure additional Advances, if any, from the Revolving Line of Credit Loan.

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