Examples of Loan Security Agreement in a sentence
Unless otherwise defined herein, terms defined in the Term Loan Security Agreement and used herein have the meaning given to them in the Term Loan Security Agreement.
No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any governmental authority or other person is necessary or required in connection with the execution, delivery or performance by, or enforcement against Borrower or any Subsidiaries or any Guarantor of this Amendment Agreement or the Loan Security Agreement except for such as have been obtained or made and filings required in order to perfect and render enforceable the Agent’s Liens.
Except as set forth in Section 2.3(b), Term Loan Advances shall bear interest, on the outstanding daily balance thereof, as set forth in the Prime Referenced Rate Addendum to Loan Security Agreement attached hereto as Exhibit E (“Interest Rate Addendum”).
Lender may foreclose under the Revolving Loan Security Agreement and apply any and all proceeds toward the Revolving Loan Secured Obligations.
Upon execution and delivery, all references to the “Security Agreement” in the Term Loan Agreement and associated loan documents shall refer to the 2016 Term Loan Security Agreement.
In the event that any provision of this Trademark Security Agreement is deemed to conflict with the Term Loan Security Agreement, the provisions of the Term Loan Security Agreement shall control unless the Administrative Agent and Collateral Agent shall otherwise determine.
Borrower has the full power and authority to enter into and perform all of its obligations under this Agreement, and this Agreement, the 2016 Note, the 2016 Security Agreement and the 2016 Term Loan Security Agreement, when executed by the Person(s) signing such documents on behalf of Borrower, shall constitute a legal, valid and binding obligation of Borrower enforceable in accordance with its terms.
This Pledge Agreement is made, and the security interests created hereby is granted to the Pledgee to secure prompt payment and performance when due of all liabilities of Pledgor under that certain Secured Non-Recourse Revolving Note of even date issued by Pledgor to Pledgee, that certain Revolving Loan Security Agreement of even date between Pledgor as Borrower and Pledgee as Lender and under this Agreement (all such liabilities and obligations of Pledgor being the "Obligations").
The Person(s) executing this Agreement, the 2016 Note, the 2016 Security Agreement and the 2016 Term Loan Security Agreement on behalf of Borrower have been duly authorized to execute this such documents by all requisite actions on the part of Borrower.
In the event that any provision of this Patent Security Agreement is deemed to conflict with the Term Loan Security Agreement, the provisions of the Term Loan Security Agreement shall control unless the Administrative Agent and Collateral Agent shall otherwise determine.