Examples of Shared Security Agreement in a sentence
Pursuant to Section 9.01(b) of the Collateral Trust Agreement, each Representative (as defined in the Collateral Trust Agreement) hereby certifies to the Required Representative (as defined in the Collateral Trust Agreement) that this Security Agreement complies with the amendment provisions of the Existing Shared Security Agreement and the Existing Non-Shared Security Agreement.
Each Grantor hereby certifies that it has (1) confirmed and ratified all Security Agreement Supplements, Security Control Agreements, Account Control Agreements, Intellectual Property Security Agreements heretofore delivered pursuant to the Existing Shared Security Agreement or the Existing Non-Shared Security Agreement and (2) continued hereunder all Liens previously granted and thereunder.
Concurrently herewith, Trustor and the other Obligors are entering into that certain Shared Security Agreement, dated as of even date herewith, with Administrative Agent and Beneficiary with respect to personal property (as amended, restated or otherwise modified from time to time, the “Security Agreement”).
The grant of a security interest in the Supplementary Collateral by the Grantor under this IP Shared Security Agreement Supplement secures the payment of all Shared Secured Obligations, whether direct or indirect, absolute or contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or otherwise.
If the WRC determines that it can do so consistent with Applicable Pretreatment Laws and Regulations and the Drainage District’s NPDES Permit, the WRC shall, to the extent reasonably possible under the circumstances, attempt to limit its action to halt or prevent any such discharge to the known specific source or sources of the discharge.