Examples of Senior Note Security Agreement in a sentence
The Seller shall have executed that certain Security Agreement providing Seller a first lien security interest in the Acquired Assets to secure the Senior Note ("Security Agreement"), in substantially the form attached hereto as Exhibit F.
In particular, but without limiting the generality of the foregoing, the Pledgee shall not be charged with knowledge of the terms of the Indentures, the Notes, the Senior Note Security Agreement or any other Collateral Documents, nor shall the Pledgee have any responsibility for monitoring or ensuring the Pledgor's compliance with such terms, whether required or contemplated under this Agreement or otherwise.
Without modifying or amending the terms of the Senior Note, the Security Agreement or the Purchase Agreement, ____________ agrees to forebear and not to seek collection against the Company of any amounts due under the Senior Note, Security Agreement or Purchase Agreement through and until the Due Date.
On the Consummation Date, Movie Gallery shall receive, in full satisfaction, settlement, release of and in exchange for its Allowed Class 2 Claim, the Senior Secured Note and the Senior Note Security Agreement.
Subject to the final sentence of Section 9 hereof, this Agreement, the Senior Note Security Agreement, the Indentures, the Notes, the agreement relating to the appointment of the Pledgee as collateral agent for the Trustees and the other Collateral Documents contain the complete agreement of the parties with respect to the matters covered hereby and supersede any previous written or oral agreements between the parties.
On the Consummation Date, the Disbursing Agent shall receive, for the benefit of all holders of the Allowed Class 2 Claim, and in full satisfaction, settlement, release of and in exchange for such Claim, the Senior Secured Note and the Senior Note Security Agreement.
Without modifying or amending the terms of the Senior Notes, the Security Agreement or the Purchase Agreement, __________ agrees to forebear and not to seek collection against the Company of any amounts due under the Senior Note, Security Agreement or Purchase Agreement through and until the Due Date.
Except as permitted by the Indentures, the Pledgor shall not (and shall not enter into any agreement to) sell, lease, exchange, assign or otherwise dispose of, grant any option with respect to, or create, incur, assume or suffer to exist any encumbrance (except the encumbrance created by this Agreement and the Senior Note Security Agreement and the other Collateral Documents) on any portion of the Collateral.
The Senior Note, Security Agreement, Purchase Agreement and all other agreements, instruments and other documents executed in connection with the obligations of the Company under the Senior Note are legal, valid, binding and enforceable against the Company in accordance with their terms.
The Pledgee will continue to hold such certificates unless and until requested by the Collateral Agent to deliver the same, subject always to the requirements of Applicable Legislation, to the Collection Agent or its designee to be also held pursuant to the Senior Note Security Agreement.