Second Security Agreement definition

Second Security Agreement. (collectively, the "Security Agreements") granting to the Collateral Trust a present and continuing security interest in certain insurance proceeds; and
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Second Security Agreement means the Second Security Agreement with respect to the Project, of even date herewith, executed by the Company, as debtor, in favor of the Bank, as secured party.
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Second Security Agreement means each of:
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Examples of Second Security Agreement in a sentence

  • The Purchaser's obligations under the Second Note were secured, pursuant to the Second Security Agreement, by security interests and liens as follows: first in priority with respect to any existing United States patents of Purchaser and any pending patent applications of Purchaser not subject to the Termination Agreement and second in priority with respect to all collateral as to which the Issuer had granted a first security interest to certain creditors pursuant to the Termination Agreement.

  • A copy of that Deed of Priority, dated 20 February 2015, as registered states: Collateral All present and after-acquired personal property owned by the Debtor being all the personal property in respect of which a security interest is granted by the Debtor under both the First Security Agreement and the Second Security Agreement (whether or not the First Security Agreement or the Second Security Agreement also extends to other property) and including and extending to proceeds.

  • Interest Period 24 months Second Secured Party Amount $750,000.00 Second Security Agreement The security agreement dated 14/02/2015 given by the Debtor, under which a security interest is granted over the Collateral in favour of the Second Secured Party (whether or not it also extends to anyother property).

  • The Second Security Agreement and the Guaranty were terminated following the payment in full of the Second Note.

  • Component commanders and supported combatant commanders use the OPLAN to develop their supporting plans.

  • This letter, when signed by you and returned to us, will constitute a priority arrangement between us in relation to the security interests under the First Security Agreement and the Second Security Agreement referred to below on the terms set out in the Document.

  • Second Security Agreement The security agreement dated / / given by the Debtor, under which a security interest is granted over the Collateral in favour of the Second Secured Party (whether or not it also extends to any other property).

  • Collateral personal property in respect of which a security interest is granted by the Debtor under both the First Security Agreement and the Second Security Agreement (whether or not the First Security Agreement or the Second Security Agreement also extend to any other property) and including and extending to proceeds.

  • If DSI's Claim is separately classified in Class 9, the Debtors believe that the Plan provides DSI with the indubitable equivalent by issuing to DSI the New Second Security Agreement.

  • The First Secured Party and the Second Secured Party agree to subordinate and arrange priorities in relation to the security interests under the First Security Agreement and the Second Security Agreement on the terms set out in the Document.


More Definitions of Second Security Agreement

Second Security Agreement means the security agreement executed or to be executed by NNS UK Holdings 1 Inc., NNS UK Holdings 2 Inc., North CableComms Holdings Inc., North CableComms Management Inc., NTL Bromley Company, NTL CableComms Group Inc., NTL Chartwell Holdings Inc., NTL Chartwell Holdings 2 Inc., NTL North CableComms Holdings Inc., NTL North CableComms Management Inc., NTL Programming Subsidiary Company, NTL Solent Company, NTL South CableComms Holdings Inc., NTL South CableComms Management Inc., NTL Surrey Company, NTL Sussex Company, NTL UK CableComms Holdings Inc., NTL Wessex Company, NTL Winston Holdings Inc., NTL Wirral Company, South CableComms Holdings Inc., South CableComms Management Inc., North CableComms LLC, South CableComms LLC and Winston Investors LLC creating a second ranking (ranking only behind the first ranking security created pursuant to the Security Documents), continuing security interest in relation to certain assets as specified therein in favour of the Second Security Trustee to hold for the benefit of the Term Banks, the Agent and itself.
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Second Security Agreement means the security agreement, dated 27 September 2001, granted by NNS UK Holdings 1 Inc., NNS UK Holdings 2 Inc., North CableComms Holdings Inc., North CableComms Management Inc., NTL Bromley Company, NTL CableComms Group Inc., NTL Chartwell Holdings Inc., NTL Chartwell Holdings 2 Inc., NTL North CableComms Holdings Inc., NTL North CableComms Management Inc., NTL Programming Subsidiary Company, NTL Solent Company, NTL South CableComms Holdings Inc., NTL South CableComms Management Inc., NTL Surrey -39- Company, NTL Sussex Company, NTL UK CableComms Holdings Inc., NTL Wessex Company, NTL Winston Holdings Inc., NTL Wirral Company, South CableComms Holdings Inc., South CableComms Management Inc., North CableComms LLC, South CableComms LLC and Winston Investors LLC, creating a second ranking (ranking only behind the first ranking security created pursuant to the Security Documents) continuing security interest in relation to certain assets as specified therein, in favour of the Second Security Trustee to hold for the benefit of the Term Banks, the Agent and itself.
Sample 1

Related to Second Security Agreement

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with the Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Borrowers and each of the Guarantors to Agent.

  • Loan and Security Agreement “thereunder”, “thereof” or similar words referring to the Loan Agreement shall mean and be a reference to this Agreement and (b) each reference in the Financing Agreements to a “Note” or “Revolving Credit Note” shall mean and be a Revolving Credit Note as defined in this Agreement.

  • Pledge and Security Agreement means the Pledge and Security Agreement executed and delivered by the Borrower and each Guarantor on the Closing Date in form and substance acceptable to the Initial Lender and the Collateral Agent, as it may be amended, supplemented, restated or otherwise modified from time to time. For the avoidance of doubt, the terms of the “Pledge and Security Agreement” shall include the terms of all Applicable Annexes (as defined in the Pledge and Security Agreement).

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Guarantee and Security Agreement means that certain Guarantee, Pledge and Security Agreement, dated as of the Effective Date, among the Borrower, the Subsidiary Guarantors, the Administrative Agent, each holder (or a representative, agent or trustee therefor) from time to time of any Secured Longer-Term Indebtedness, and the Collateral Agent.

  • U.S. Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the U.S. Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other U.S. Loan Party (as required by this Agreement or any other Loan Document).

  • Trademark Security Agreement means each Trademark Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit D.

  • General Security Agreement means that certain Security Agreement (Personal Property), substantially in the form of Exhibit F, dated as of the date hereof, between Borrowers (or, as the case may be, each Guarantor), as Debtor, and Lender, as Secured Party, securing the Obligations of Borrowers (or, as the case may be, the obligations of each Guarantor), as the same may from time to time be amended, modified or supplemented.

  • Existing Security Agreement shall have the meaning set forth in the recitals.

  • Canadian Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the Canadian Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other Canadian Loan Party (as required by this Agreement or any other Loan Document).

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Canadian Security Agreements means those certain general security agreements and deeds of hypothec dated on or about the date hereof, between each of the Canadian Loan Parties and the Agent.

  • Copyright Security Agreement means each Copyright Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit A.

  • Guarantor Security Agreement means any Security Agreement executed by any Guarantor in favor of Agent securing the Guaranty of such Guarantor.

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Trademark Security Agreements means the Trademark Security Agreements made in favor of Agent, on behalf of itself and Lenders, by each applicable Credit Party.

  • Patent Security Agreement means each Patent Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit B.

  • IP Security Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Collateral Agent and dated as of the Effective Date, as may be amended, restated, or otherwise modified or supplemented from time to time.

  • Security Agreements means the U.S. Security Agreement and the Canadian Security Agreement.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Copyright Security Agreements means the Copyright Security Agreements made in favor of Agent, on behalf of itself and Lenders, by each applicable Credit Party.

  • Patent Security Agreements means the Patent Security Agreements made in favor of Agent, on behalf of itself and Lenders, by each applicable Credit Party.

  • Subsidiary Security Agreement means a security agreement substantially in the form of Exhibit I hereto by the Subsidiary Guarantors in favor of the Collateral Agent.

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).