Subordinated Security Agreement means the Subordinated Security Agreement, dated as of the date of this Indenture.

Subordinated Security Agreement. The Subordinated Security Agreement, as defined on the second page of this Definitions List.

Examples of Subordinated Security Agreement in a sentence

In order to secure the Obligations, the Company and the Grantor Subsidiaries have entered into and delivered to the Collateral Agent the Subordinated Security Agreement and the other Security Documents, in each case, to which they are a party, to create the Liens on the Collateral securing their respective Obligations.
The holder of the senior subordinated note agreed to subordinate to the lenders of the senior secured notes his security interest in our assets granted under the Subordinated Security Agreement dated April 15, 2011.
Effective immediately, the Subordinated Security Agreement shall be terminated, and no party shall have any further obligations or commitments with respect thereto, and the security interests granted in and all liens created by the Subordinated Security Agreement shall be discharged and released in full.
In the event of any conflict between the terms of this Subordinated Security Agreement, on the one hand, and the terms of the Subordinated Note, Section 5.3 of the Sale Agreement or any other Operative Document, on the other hand, the terms of the Subordinated Note, Section 5.3 of the Sale Agreement or such other Operative Document, as the case may be, shall prevail.
The payment of this note is secured by the liens and security interests created by that certain Subordinated Security Agreement (the “Security Agreement”) dated as of the date hereof, executed by Maker in favor of Payee.

More Definitions of Subordinated Security Agreement

Subordinated Security Agreement means the Security Agreement between SMF and Sellers dated as of March 1, 1996, together with all schedules and exhibits thereto.

Subordinated Security Agreement means that certain Commercial Security Agreement dated as of April 30, 1996, executed by the Borrower, as debtor, and Maxxim, as secured party, covering all or a portion of the Collateral.

Subordinated Security Agreement means the Subordinated Security ------------------------------- Agreement, dated as of June 27, 1997, made by Site Lessee in favor of Site Lessor, as the same may be amended, supplemented or otherwise modified from time to time.

Subordinated Security Agreement means that certain Security Agreement dated as of the date hereof between the Seller and the Buyer, as the same may be amended, restated or otherwise modified from time to time.

Subordinated Security Agreement means the Security Agreement, of even date herewith, by and among Pledgor, the Subsidiaries and Trustee.

Subordinated Security Agreement means the Subordinated Security Agreement executed and delivered by the Borrower to the collateral agent for the Initial Sub-debt Holders dated May 17, 2013.

Subordinated Security Agreement means that Security Agreement executed by Borrowers in favor of Subordinated Creditor and pursuant to which Borrowers have granted to Subordinated Creditor security interests in all of the Collateral (other than Real Estate) as security only for the payment of the Subordinated Debt.