New Security Agreement definition

New Security Agreement means the Security Agreement, dated as of the ---------------------- Closing Date, executed by Reorganized Prism in favor of ▇▇▇▇▇▇, substantially in the form of Exhibit E attached hereto, either as --------- originally executed or as it may from time to time on or after the Closing Date be supplemented, modified, amended, restated or extended.

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New Security Agreement means such documents as shall be required to secure repayment of the New Senior Secured Credit Facility, in the form attached to the Disclosure Statement as Exhibit L.

New Security Agreement means the Security Agreement, dated as of the date hereof, among the Grantors and the New Investors, as amended, modified, supplemented and restated from time to time.

Examples of New Security Agreement in a sentence

• The Company acknowledges that the rights and remedies of each Secured Party with respect to the security interests in the Intellectual Property Collateral granted hereby are more fully set forth in the New Security Agreement and all such rights and remedies are cumulative.

• The Company acknowledges that this Agreement and the New Security Agreement may contain covenants and other terms and provisions variously stated regarding the same or similar matters, and the Company agrees that all such covenants, terms and provisions are cumulative and all shall be performed and satisfied in accordance with their respective terms.

• In the event of any conflict or inconsistency between this Agreement and the New Security Agreement, the terms of this Agreement shall control.

• Pursuant to the Section 5(g) of the Prior Notes, the Holders hereby acknowledge and consent (i) to the sale and issuance by the Company of the New Notes; (ii) to the Company entering into, executing and delivering the New Notes and the New Security Agreement; and (iii) that pursuant to the New Security Agreement, the Company has granted the Purchasers of the New Notes a security interest in the Collateral (as defined in the New Security Agreement).

• The Company warrants and represents that pursuant to the New Security Agreement, the Securities are secured, as to such Restricted Collateral, at least equally and ratably with all other obligations and indebtedness of the Company and certain of the Guarantors secured thereby as, and to the extent, required by the Indenture.

More Definitions of New Security Agreement

New Security Agreement means the security over cash agreement in the form agreed between the Applicant and the Agent to be entered into between the Applicant and the Security Trustee on or about the date of this Agreement.

New Security Agreement means that certain security agreement to be entered into as of the Consummation Date, among JPMorgan Chase Bank, as collateral agent, and Reorganized Chart, the Reorganized Subsidiary Debtors and certain other subsidiaries of Reorganized Chart, substantially in the form of Exhibit C-4 hereto.

New Security Agreement means the Security Agreement, dated as of August 16, 2002, among the Company, the Guarantors and Bank of America, N.A., as Collateral Agent, as in effect from time to time.

New Security Agreement means that certain Security Agreement (Amended and Restated Credit Agreement) of even date herewith executed by each of the Credit Parties in favor of the Bank granting to the Bank a lien and security interest in and to substantially all of the assets of each of the Credit Parties as therein described.

New Security Agreement means that certain Collateral Agreement to be executed on our about the Release Date by the Guarantors and the Company to and in favor of the Collateral Agent, for the ratable benefit of the Secured Parties (as such term is defined therein), and accepted and agreed to by the Trustee, as the authorized representative of the Noteholders, together with any other authorized representatives for any Additional Secured Parties (as such term is defined therein), which shall be in substantially the form of Exhibit 3 hereto, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time.

New Security Agreement means, with respect to an Owned Aircraft, the Aircraft Security Agreement between Republic Airline and the Security Trustee entered into at the Closing for such Owned Aircraft.

New Security Agreement means the security agreement to be entered into on the Effective Date by Liquidating CVEO and the Plan Trustee on behalf of the Creditors Reserve Trust, in connection with the New Note.