Examples of Existing Security Agreements in a sentence
Subject to the Existing Security Agreements, no person other than the Secured Party has control or possession of all or any part of the Collateral.
Notwithstanding the foregoing, the Pledgor is permitted to (i) create the Existing Liens on the Collateral in favor of the Secured Party to secure the payment obligations under the Existing Loan Agreements and the Existing Security Agreements, and (ii) create security interests on the Collateral in favor of the Secured Party to secure the payment obligations under any other loan agreement between the Secured Party and the affiliates of the Pledgor (the “Other Loan Agreements”).
Notwithstanding anything to the contrary herein, the Pledgor or its affiliates may use any Proceeds it receives from the Pledged Shares to make any payment of principal, interest or other amounts payable under the Loan Agreement, the Existing Loan Agreements or the Existing Security Agreements.
Notwithstanding the foregoing, the Pledgor is permitted to create the Existing Liens on the Collateral in favor of the Secured Party to secure the payment obligations under the Existing Loan Agreements and the Existing Security Agreements.
Notwithstanding anything to the contrary herein, the Pledgor or its affiliates may use any Proceeds it receives from the Pledged Shares to make any payment of principal, interest or other amounts payable under the Loan Agreement, the Other Loan Agreements, the Existing Loan Agreements or the Existing Security Agreements.