Examples of Supplemental Security Agreement in a sentence
The security interest granted to Lender hereunder is a valid, first priority security interest in the Collateral and has been or promptly after the execution of the Supplemental Security Agreement describing the Collateral will be, perfected in accordance with the requirements of all states in which any item of the Collateral is located.
In addition to said grant, Borrower intends by this Supplemental Security Agreement to grant to Lender a first priority security interest in the items of Equipment identified herein.
As used in the Original Loan Agreement, the following definitions are also modified as follows for the purposes of the Loan Documents: (a) the "Partnership Agreement" also includes the LLC Operating Agreement; (b) "Bank" means Wxxxx Fargo Bank, N.A. and its successors and assignees; and (c) "Security Agreement" means collectively the Original Security Agreement and the Supplemental Security Agreement.
This Supplemental Security Agreement shall be construed as supplemental to the Security Agreement and shall form a part thereof; and the Security Agreement is hereby incorporated by reference herein to the same extent as if fully set forth herein and is hereby ratified, approved and confirmed in all respects.
This Supplemental Security Agreement shall be construed as supplemental to the Security Agreement and shall form a part thereof, and the Security Agreement is hereby incorporated by reference herein and is hereby ratified, approved and confirmed.