Inventory Security Agreement definition

Inventory Security Agreement has the meaning set forth in (S) 2.5.

Inventory Security Agreement means that certain Inventory Security Agreement, dated as of September 28, 2001, as amended, between you and us, as the same may hereafter be amended, modified, supplemented or restated from time to time.

Inventory Security Agreement means, collectively, the group of related agreements between and among BCI, the Obligor with respect thereto and the related manufacturer or distributor, pursuant to which (a) BCI agrees to extend credit to such Obligor to finance Eligible Products manufactured by such manufacturer or distributed by such distributor, (b) such Obligor grants to BCI a security interest in the specific Eligible Products financed by BCI, and (c) such Obligor agrees to repay advances made by BCI either (i) at the time of sale of the related Eligible Products to which such advance relates or (ii) in accordance with a repayment schedule providing for repayment in full of the related advance.

Examples of Inventory Security Agreement in a sentence

• If Debtor previously signed any Inventory Security Agreement regarding the Collateral with Secured Party, this Agreement will amend and supplement such prior agreement.

• The Buyer's payment of the Inventory Note shall be secured by a security interest in the Inventory pursuant to an Inventory Security Agreement (the "Inventory Security Agreement") in substantially the form of Exhibit D hereto, which the Buyer shall execute and deliver to the Seller at the Closing.

• The Buyer's payment of the Inventory Note shall be secured by a security interest in the Inventory pursuant to an Inventory Security Agreement (the "Inventory Security Agreement") in substantially the form of Exhibit D hereto, which the Buyer shall execute and deliver to the Seller on June 30, 2001.

• Furthermore, this default will subject the Debtor to all Remedies as listed in paragraph 12 of the Inventory Security Agreement and Power of Attorney or those provided by applicable law.

• This Inventory Security Agreement is between a secured party and a debtor who agrees to grant a security interest in inventory as collateral for a loan.

More Definitions of Inventory Security Agreement

Inventory Security Agreement means that certain Security Agreement, dated as of the Prior Closing Date, between the Borrowers, as debtors, and Agent, as secured party, as amended by the Omnibus Amendment.

Inventory Security Agreement means the Inventory Security Agreement between Syntax and CIT dated as of November 22, 2006, as renewed, amended, restated or supplemented from time to time.

Inventory Security Agreement means a security agreement, dated as of even date herewith, between Guitar and MFI, as debtors, and Agent, as secured party, which agreement shall be governed by the laws of Delaware and otherwise shall be in form and substance reasonably satisfactory to Agent.

Inventory Security Agreement means an Inventory Security Agreement between Borrower and Foothill, in form and substance satisfactory to Foothill.

Inventory Security Agreement means the Inventory Security and Pledge Agreement dated as of September 12, 1995 among the Borrower, the Special Purpose Members, the Collateral Agent and the Administrative Agent, substantially in the form of Exhibit E hereto, as amended from time to time.

Inventory Security Agreement means that certain Inventory Security Agreement, dated August 13, 2001, by and between Borrower and Lender.

Inventory Security Agreement the Inventory Security Agreement to be made by the Borrower and the Subsidiary Guarantors in favor of the Collateral Agent, substantially in the form of Exhibit A-2 to the Master Collateral Agreement, as the same may be amended, supplemented or otherwise modified from time to time.