DIP Security Agreement definition

DIP Security Agreement means that certain Security Agreement, dated as of the Closing Date, among the Grantor, JPMorgan Chase Bank, N.A., as collateral agent for the Secured Parties (as defined therein), the Revolver Agent, the Administrative Agent and the First-Priority Senior Secured Notes Trustee, as may be amended, restated, amended and restated, supplemented, re-affirmed or otherwise modified from time to time.
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DIP Security Agreement means the Security Agreement, dated as of April 1, 2002, by and among Covanta, Bank of America, N.A. as Agent and the other parties named therein, as amended from time to time.
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DIP Security Agreement means the security agreement to be executed and delivered by Borrower in favor of Lender to secure the Revolving Loans, as it may be amended, modified or supplemented from time to time.
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Examples of DIP Security Agreement in a sentence

  • The obligations of the DIP Borrowers under the DIP Credit Agreement, which became effective by its terms on October 30, 2009, are secured by the assets of the DIP Borrowers and certain of FairPoint Communications’ subsidiaries as set forth in the DIP Security Agreement and the DIP Pledge Agreement (each as defined herein).

  • The foregoing descriptions of the DIP Agreement, DIP Security Agreement, and Purchase Agreement do not purport to be complete and are qualified in their entirety by reference to the DIP Agreement, the DIP Security Agreement, and the Purchase Agreement which were filed as Exhibits 10.1, 10.2, and 10.3, respectively, to the Company’s Current Report on Form 8-K filed with the SEC on November 29, 2010.

  • Pursuant to the DIP Security Agreement, upon an asset being sold or disposed of in a transaction permitted under the DIP Credit Agreement, any lien on such asset securing the DIP Facilities will be automatically released.

  • In addition, the Debtors shall have received formal approval of the DIP Lenders, consenting to the consummation of the transactions contemplated in the Purchase Agreement and releasing security interests granted to them pursuant to the DIP Security Agreement.

  • The Administrative Agent shall have received (i) this Agreement, executed and delivered by the Borrowers, Holdings, and each Subsidiary Guarantor and each Person listed on Schedule I, (ii) the Term DIP Security Agreement, executed and delivered by each Loan Party party thereto, (iii) the Administrative Agent Fee Letter and DIP Fee Letter, and (iv) the Intercompany Note executed and delivered by each Loan Party party thereto.

  • Except as set forth on Schedule 4.15(b), each Project Company owns or possesses the Permits listed on Schedule 4.15 free and clear of all Encumbrances, except for the DIP Security Agreement, the GECC Liens and the HGC/HFC Liens.

  • On October 15, 2015, SGB, as borrower, and its subsidiaries, as guarantors, entered into the DIP Credit Agreement with HCI, and, as condition to the making of the DIP Loan, SGB and its subsidiaries entered into the DIP Security Agreement, also dated as of October 15, 2015, with HCM pursuant to which SGB and its subsidiaries granted HCM a first priority security interest in all of their respective assets for the benefit of HCI.

  • The Sellers shall have received formal approval of the lenders under the DIP Agreement, consenting to the consummation of the transactions contemplated herein and releasing security interests granted to them pursuant to the DIP Security Agreement.

  • At the Closing, the lenders under the DIP Agreement shall have released all claims against the Holding Companies and the Project Companies under the DIP Agreement and all security interests granted to them pursuant to the DIP Security Agreement in respect of the Interests, the Assets or the Business of the Project Companies.

  • There are no voting agreements or voting trusts with respect to the Interests of any Holding Company or Project Company, except pursuant to the DIP Security Agreement, the GECC Liens and the HGC/HFC Liens.


More Definitions of DIP Security Agreement

DIP Security Agreement means that certain Security Agreement dated as of March [ ], 2016 by and among Venoco, the DIP Agent and each grantor party thereto.
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DIP Security Agreement means the “Pledge and Security Agreement” as defined in the DIP Credit Agreement, as amended, restated, supplemented or otherwise modified from time to time.
Sample 1

Related to DIP Security Agreement

  • 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.

  • 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.

  • ABL Security Agreement means the Security Agreement (as defined in the ABL Credit Agreement).

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

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

  • 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.

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

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

  • 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.

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • 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.

  • Trademark Security Agreements means the Trademark Security Agreements made in favor of Agent, on behalf of itself and 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.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • 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.

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

  • 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.

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

  • 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.

  • 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.

  • Subsidiary Security Agreement means the Subsidiary Security Agreement executed and delivered by existing Subsidiary Guarantors and Administrative Agent on the Closing Date and to be executed and delivered by any additional Subsidiary Guarantors from time to time thereafter in accordance with subsection 6.8, substantially in the form of Exhibit XVII annexed hereto, as such Subsidiary Security Agreement may be amended, supplemented or otherwise modified from time to time.

  • First Priority Security Documents means each agreement or document granting or purporting to xxxxx x Xxxx on any Common Collateral to secure First Priority Obligations.

  • Pledge Agreements means the Borrower Pledge Agreement, the Holdings Pledge Agreement, and any other pledge agreement entered into after the Closing Date by any Credit Party (as required by the Agreement or any other Loan Document).

  • Stock Pledge Agreements means each Stock Pledge Agreement of the Borrower and any of its Subsidiaries in substantially the form of Exhibit 4.1B, as amended, restated or supplemented from time to time.

  • Security Agreements means the U.S. Security Agreement and the Canadian Security Agreement.