Examples of First Amendment to Security Agreement in a sentence
The full and timely performance of the obligations hereunder is secured by a lien upon, and a security interest in, the collateral identified and described as security therefore in the Security Agreement, as amended by the First Amendment to Security Agreement attached hereto as Exhibit B (the “Security Agreement”).
If the Exhibiting Company does not pay the balance of the contract price at the scheduled time, INDEX reserves the right to release such exhibiting company’s space for re-assignment and shall be entitled to retain the fifty percent (50%) non-refundable deposit.
AIRNET's obligations under the Notes shall be secured by a first lien security interest in favor of the INVESTORS, which shall be evidenced by, and perfected pursuant to, the Security Agreement, which shall be amended at Closing by the execution and delivery of the First Amendment to Security Agreement.
Each Lender hereby authorizes Agent, on behalf of such Lender, to execute the certain First Amendment to Security Agreement of even date herewith among Agent and the US Loan Parties, the certain First Amendment to Security Agreement of even date herewith among Agent and the Canadian Loan Parties and each other amendment to a Loan Document to be executed and delivered on the Effective Date.
Simultaneously with the execution of this Agreement, the parties are entering into First Amendment to Security Agreement to evidence the security interest granted herein.