Subsidiary Security Agreement definition

Subsidiary Security Agreement means each Subsidiary Security Agreement executed and delivered by an existing Guarantor on the Effective Date or executed and delivered by any additional Guarantor from time to time thereafter in accordance with SECTION 7.8, in each case substantially in the form of EXHIBIT 1.1(I) annexed hereto, as such Subsidiary Security Agreement may be amended, supplemented or otherwise modified from time to time, and "SUBSIDIARY SECURITY AGREEMENTS" means all such Subsidiary Security Agreements.

Subsidiary Security Agreement means the Security Agreement executed and delivered by an Authorized Officer of each Subsidiary of the Borrower that is not a Foreign Subsidiary pursuant to Section 7.1.7, substantially in the form of Exhibit F-3 hereto, as amended, supplemented, amended and restated or otherwise modified from time to time.

Subsidiary Security Agreement means the Amended and Restated Subsidiary Security Agreement dated as of February 26, 2018 among the Debtor, the other guarantors from time to time party thereto and the Collateral Agent.

Examples of Subsidiary Security Agreement in a sentence

• Each of the undersigned is a Restricted Subsidiary of World Acceptance Corporation who has executed and delivered to the Collateral Agent, the Administrative Agent, and the Lenders the Subsidiary Guaranty Agreement and the Subsidiary Security Agreement.

• Any Subsidiary of the Company that is not an Issuer as of the date hereof and any newly acquired or created Subsidiary shall promptly execute a Subsidiary Guaranty and a Subsidiary Security Agreement, and such other documents and such other documents and instruments as the Holder may reasonably require.

• In addition, the obligations are also guaranteed by the Company’s Subsidiaries, pursuant to the Subsidiary Guaranty, and all of Subsidiaries’ obligations under the Subsidiary Guaranty are secured by the “Collateral” (as defined in the Subsidiary Security Agreement) identified and described as security therefor in the Subsidiary Security Agreement.

• The Borrower shall not permit the License Subs to have any business activities, operations, assets, Indebtedness, Guaranties or Liens (other than holding FCC Licenses and owning the Ownership Interests of other License Subs, and other than pursuant to a Subsidiary Guaranty and Subsidiary Security Agreement issued in connection herewith or any agreement referred to in the preceding sentence).

• Sun Gro Canada is a party to the Canadian Subsidiary Security Agreement and the Canadian Subsidiary Pledge Agreement pursuant to which Sun Gro Canada has created liens in favor of Agent on certain Collateral to secure certain of the Obligations.

More Definitions of Subsidiary Security Agreement

Subsidiary Security Agreement means a security agreement substantially in the form of the Subsidiary Security Agreement set forth as Exhibit G hereto executed and delivered to the Agent by each Subsidiary of the Borrower (other than Immaterial Subsidiaries), as the same may be amended, restated, modified or supplemented from time to time.

Subsidiary Security Agreement means the Subsidiary Security Agreement, in substantially the form attached as Exhibit Q hereto, by and among the Subsidiary Guarantors and the Agent.

Subsidiary Security Agreement means the amended and restated security agreement between the Significant Subsidiaries and the Agent, for the benefit of the Secured Parties, in substantially the form of Exhibit E, as the same may be amended or otherwise modified.

Subsidiary Security Agreement means, collectively, each Security Agreement executed and delivered by any Guarantor in favor of the Administrative Agent for the benefit of the Secured Parties pursuant to the terms of this Agreement, in substantially the form of Exhibit G‑2 hereto, in each case, as amended, restated, supplemented or otherwise modified from time to time.

Subsidiary Security Agreement each Security Agreement made by each of the Subsidiary Guarantors (including any security agreement executed and delivered pursuant to subsection 8.17) in favor of the Administrative Agent for the benefit of the Lenders, substantially in the form of Exhibit K hereto, as the same may be amended, supplemented or otherwise modified from time to time.

Subsidiary Security Agreement means that certain Subsidiary Security Agreement dated as of even date herewith between each of the Borrower's Restricted Subsidiaries, on the one hand, and the Administrative Agent, (on behalf of itself and the Banks), on the other hand, substantially in the form of Exhibit I hereof, and shall include any similar agreements executed pursuant to Section 5.14 hereof.

Subsidiary Security Agreement means, collectively, each Security Agreement executed and delivered by any Subsidiary of the Borrower in favor of the Lender pursuant to the terms of this Agreement (including Section 5.1.6 and Section 7.1.7), in substantially the form of Exhibit H-2, in each case, as amended, supplemented, amended and restated or otherwise modified.