Seller Security Agreement definition

Seller Security Agreement means each security and pledge agreement executed by a Seller in favor of the Lender pursuant to the Economic Direction Agreement.

Seller Security Agreement means the Pledge and Security Agreement, of even date herewith, made by MHSI in favor of Buyer and the Company.

Seller Security Agreement means the security agreement pursuant to which Seller shall grant Purchaser Representative a first priority perfected security interest in all of Seller’s assets, substantially in the form of Exhibit D.

Examples of Seller Security Agreement in a sentence

• The Seller Parent Security Agreement, substantially in the form of Exhibit C, and the Seller Security Agreement, substantially in the form of Exhibit D, shall have been duly executed and delivered to Purchaser.

• Purchaser does not, by purchase of the rights granted hereunder or otherwise pursuant to any of the Transaction Documents, acquire any assets or contract rights of Seller or any of its Affiliates under the Applicable Agreements, the Patent Rights or any other assets of Seller, other than the Purchased Royalty Interests; provided that the foregoing is without prejudice to Purchaser’s and Purchaser Representative’s rights under the Seller Parent Security Agreement and the Seller Security Agreement.

• A Member may not pledge, mortgage, encumber or hypothecate all or any part of its Membership Interest without the prior consent of the other Members, which consent may be withheld by such other Members in their reasonable discretion except as provided for in the Buyer Security Agreement or the Seller Security Agreement.

• No such argument appears in the “Law & Argument” section of its memorandum in opposition, but in the statement of facts “it is denied that a Master Program Agreement, Seller Agreement and Seller Security Agreement was ever executed as no documents were signed,” and “TRE does not require that a Seller sign the MPA, nor does a signed MPA exist in this matter.” (Rec.

• Notwithstanding the foregoing, any purchaser of Buyer's or Holdings' Membership Interest in accordance with the exercise by MHSI or the Company of the terms of the Buyer Security Agreement and the applicable provisions of the UCC and any purchaser of MHSI's Membership Interest in accordance with the exercise by Buyer or the Company of the terms of the Seller Security Agreement shall, upon execution of a counterpart to this Agreement become a Member with respect to the transferred Membership Interest.

More Definitions of Seller Security Agreement

Seller Security Agreement means that certain security agreement dated as of September 30, 2004 between Unifi Kinston and Seller as the same may be amended, supplemented, restated or otherwise modified from time to time.

Seller Security Agreement means the security agreement of even date herewith, made by Seller for the benefit of Purchaser in connection with this Agreement.

Seller Security Agreement means the Pledge and Security Agreement, dated on or prior to the Notice Date for the Initial Series, between the Seller and the Collateral Agent.

Seller Security Agreement has the meaning set forth in the Recitals.

Seller Security Agreement means the Seller Security Agreement, dated as of the date hereof, delivered by the Seller in favor of the Buyer, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Seller Security Agreement means the Security Agreement dated as of May 7, 1998, made by the Borrower in favor of Adra Systems, Inc.

Seller Security Agreement means that certain Security Agreement to be dated as of the First Tranche Funding Date executed in favor of the Buyer by the Seller substantially in the form attached hereto as Exhibit B (or such other form as reasonably acceptable to the Buyer and the Seller).