Examples of Existing Security Documents in a sentence
Acts of a majority of the members of the Administrator at which a quorum is present, or acts reduced to or approved in writing by the unanimous consent of the members of the Administrator, shall be the valid acts of the Administrator.
The Obligations hereunder are, and continue to be, secured by the security interest granted by the Borrower in favor of the Administrative Agent and the Lenders under the Existing Security Documents, as amended and restated by the Security Agreement.
ProfitabilityArea profitability was lower than in the prior year due to an especially adverse price/mix effect and the reduction in sales volume.The negative effects of these drivers were partly offset by the change in the euro/sterling exchange rate and the rationalization of advertising and promotion costs.
That certain Affirmation of Existing Security Documents to be executed by Borrower and Subsidiary Guarantors in favor of Agent, in form and substance satisfactory to Agent, on or prior to the Closing Date.
This Pledge Agreement renews and extends all Liens existing by virtue of the Existing Security Documents, but the terms, provisions and conditions of such Liens shall hereafter be governed in all respects by this Pledge Agreement.