Examples of Security and Collateral Agency Agreement in a sentence
Pursuant and subject to the terms of the First Forbearance Agreement and the Security and Collateral Agency Agreement, the Companies granted a security interest in the Collateral (as defined in the First Forbearance Agreement) to the Collateral Agent and its successors and assigns, for the benefit of the First Forbearance Counterparties in accordance with their respective Pro Rata Realized Losses.
The Trustee acknowledges receipt of (i) counterparts of the Guarantee, Security and Collateral Agency Agreement executed by all parties thereto and (ii) the resolutions of the board of directors (or equivalent governing body) of the Company and each of the Subsidiary Grantors, as certified by the Secretary or Assistant Secretary of the Company and each of the Subsidiary Grantors, respectively.
Pursuant and subject to the terms of the First Forbearance Agreement and the Security and Collateral Agency Agreement, the Companies granted a security interest in the Designated Assets (as defined in the First Forbearance Agreement) to the Collateral Agent and its successors and assigns, for the benefit of the First Forbearance Counterparties in accordance with their respective Pro Rata Realized Losses.
The Borrower hereby acknowledges and agrees that the Guarantee, Security and Collateral Agency Agreement shall remain in full force and effect after giving effect to this Amendment.
As collateral security for the ------------------ Obligations of the Company under (and as the term "Obligations" is defined in) the Existing Credit Agreement, the Company executed and delivered to the Collateral Agent that certain Security and Collateral Agency Agreement dated as of October 24, 1994 (as amended from time to time, the "Existing Security Agreement").