Examples of Parent Security Agreement in a sentence
The security interests granted in the Collateral are given in renewal, extension and modification of the security interests previously granted to Lender by Borrower (including, without limitation, the security interests granted pursuant to the Existing Loan Agreements and the Parent Security Agreement); such existing security interests are not extinguished hereby; and the ranking, perfection and priority of such existing security interests shall continue in full force and effect.
Execute and deliver, or cause to be executed and delivered to the Agent such other documents and instruments as the Agent may reasonably require in order to effect the purposes of the Parent Security Agreement (as acknowledged and confirmed by the Second Parent Security Interest Confirmation), the New Assignment of Life Insurance, the Assignment of Tax Refunds, the Stock Pledge Agreement, this Section 2.13 and this Agreement.
On and after the Nineteenth Amendment Effective Date, each reference in the Parent Security Agreement to "this Agreement", "hereunder", "hereof", "herein" or words of like import referring to the Parent Security Agreement, and each reference in the other Loan Documents to the "Parent Security Agreement", "thereunder", "thereof" or words of like import referring to the Parent Security Agreement shall mean and be a reference to the Amended Agreement.
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The execution and delivery of this Amendment by the Parent Guarantor and the performance of the Parent Security Agreement as amended by this Amendment (the "Amended Agreement") by the Parent Guarantor are within the Parent Guarantor's corporate powers and have been duly authorized by all necessary corporate action on the part of the Parent Guarantor.