Examples of Subordinated Security Agreement in a sentence
The parties hereto have duly executed this Subordinated Security Agreement as of the date first set forth above.
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.
There shall have occurred an Event of Default (as defined below) under that certain Subordinated Security Agreement dated as of January 28, 1992, by and between the Foundation and Health Net.
The section and paragraph headings used in this Subordinated Security Agreement are for convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof.