Examples of Junior Security Agreement in a sentence
Such Successor Borrower shall assume the obligations under the Note or the Defeased Note, as applicable, and the Security Agreement and, if applicable, the Junior Security Agreement and Borrower shall be relieved of its obligations under such documents.
Borrower shall pay $1,000 to any such Successor Borrower as consideration for assuming the obligations under the Note or the Defeased Note, as applicable, and the Security Agreement and, if applicable, the Junior Security Agreement.
Pursuant to the June 2016 Junior Security Agreement, Marsh Supermarkets Co. granted a security interest in substantially all of its assets other than any property excluded under the June 2016 Junior Security Agreement.
Amended and Restated Subordinated Secured Note Due 2016, issued to Brainlab AG (11) 10.1+ 1998 Stock Option Plan (2) 10.2+ 2007 Stock Incentive Plan (2) 10.3+ Amended and Restated Key Personnel Incentive Program (2) 10.4+ 2010 Incentive Compensation Plan (2) 10.5+ 2010 Non-Qualified Stock Option Plan (2) 10.6 Junior Security Agreement by and between MRI Interventions, Inc.
Pursuant to the October 2016 Junior Security Agreement, each Borrower Debtor granted a security interest in substantially all of the Borrower Debtors’ assets other than the Excluded Property (as defined in the October 2016 Junior Security Agreement).