Prior Security Agreement definition

Prior Security Agreement means a security agreement entered into before the coming into force of this section and includes any security agreement that is amended, renewed or extended by an agreement that is entered into on or after the coming into force of this section;
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Prior Security Agreement shall have the meaning set forth in the recitals.
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Prior Security Agreement means that certain Security Agreement, effective as of September 21, 2009, by and between the Payor and the Lacey RRSP Account. Words of one gender include the other gender; the singular includes the plural; and the plural includes the singular, unless the context otherwise requires.
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Examples of Prior Security Agreement in a sentence

  • Nothing herein contained shall in any manner affect or impair the priority of the liens and security interests created and provided for by the Prior Security Agreement as to the indebtedness and obligations which would otherwise be secured thereby prior to giving effect to this Agreement.

  • The Company (and each Subsidiary) owns its property and assets free and clear of all mortgages, liens, loans, pledges, security interests, claims, equitable interests, charges, and encumbrances, except such encumbrances and liens which arise in the ordinary course of business and do not materially impair the Company’s (and each Subsidiary’s) ownership or use of such property or assets and/or any such liens, encumbrances and security interests which arose in connection with the Prior Security Agreement.

  • This Agreement amends, restates and replaces in its entirety the security agreement included in the Prior Credit Agreement (the “Prior Security Agreement”), and nothing contained herein shall be deemed to alter or impair the liens and security interest established by the Prior Security Agreement, which liens and security interest remain in full force and effect with all priorities unchanged.

  • Except such as may have been filed in favor of Secured Party relating to the Prior Security Agreement or this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

  • Each Debtor hereby agrees that, notwithstanding the execution and delivery of this Agreement, the liens and security interests created and provided for under the Prior Security Agreement continue in effect under and pursuant to the terms of this Agreement for the benefit of all of the Obligations secured hereby.


More Definitions of Prior Security Agreement

Prior Security Agreement means the Amended Security Agreement made December 2, 2002, by Borrower in favor of FFG and those affiliates of FFG named as makers under the terms of certain demand notes entered into prior to the date of this Agreement.
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Prior Security Agreement means the Security Agreement dated as of December 16, 2015 entered into in connection with the issuance by BTCS on the date thereof of the Senior Notes.
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Prior Security Agreement means, for the purposes of this section,
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Prior Security Agreement means a security agreement entered into before section 7 comes into force; and
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Prior Security Agreement shall have the meaning given to such term in the Introductory Statement of this Credit Agreement.
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Prior Security Agreement means the Security Agreement, dated as of June 30, 2016, by and between the Company, SG Building Blocks, Inc., and the Purchasers, pursuant to which the Company granted security interests in certain property to the Purchasers as further described therein.
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Prior Security Agreement means (i) that certain Security Agreement, effective as of September 21, 2009, by and between the Payor and the Lacey RRSP Account; (ii) that certain Security Agreement, effective as of January 6, 2010, by and between the Payor and Michael Moretti; (iii) that certain Security Agreement, effective as of January 28, 2010, by and between the Payor and Lacey, as amended, and (iv) that certain Security Agreement, effective as of February 12, 2010, by and between Payor and John Gorman, Words of one gender include the other gender; the singular includes the plural; and the plural includes the singular, unless the context otherwise requires.
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