Third Party Security Agreement definition
Examples of Third Party Security Agreement in a sentence
To grant a security interest to Bank in the Collateral described in the Third Party Security Agreement by and between the Company and Bank (the "Security Agreement"), which security interest shall secure all of the Company's obligations, as described in that certain Unconditional Guaranty by the Company dated as of December 4, 2000 (the "Guaranty").
Each Guarantor also executed for the benefit of Bank a Third Party Security Agreement dated December 20, 2007, granting to Bank a security interest in the collateral described therein (individually and collectively, the “Security Agreement”).
Within thirty (30) days of Carbonite Canada acquiring any assets or property (other than Intellectual Property) with a fair market value in excess of One Hundred Thousand Dollars ($100,000), a duly executed Third Party Security Agreement, duly executed by Carbonite Canada.
As security for all indebtedness of Borrower to Bank subject hereto, Borrower shall grant, and shall cause Subsidiary to grant to Bank security interests of first priority (subject to Permitted Encumbrances, as defined in Section 5.8 below) in all Collateral (as defined in the Security Agreement and Third Party Security Agreement attached hereto as Exhibits B and C, each, a “Security Agreement”).
If Pledgor Collateral is specified in Exhibit B, Borrower shall arrange for the delivery to Bank concurrent herewith of a Third Party Security Agreement duly executed by Pledgor (the assets identified as collateral therein are referred to in this Agreement as “Pledgor Collateral”).
If Borrower or other Person fails to perform any obligation or covenant or comply with any requirement under this Agreement or other Loan Document beyond any applicable cure period or the occurrence of an Event of Default under any Third Party Security Agreement or any other Loan Document.
Grantor is the grantor of a Third Party Security Agreement granted in favor of Bank dated as of April 15, 2004 (as amended, the “Security Agreement”).
As security for all indebtedness of Borrower to Bank subject hereto, Borrower shall grant, and shall cause ▇▇▇▇▇▇ to ▇▇▇▇▇ to Bank security interests of first priority (subject to Permitted Encumbrances, as defined in Section 5.8 below) in all Collateral (as defined in the Security Agreement and Third Party Security Agreement attached hereto as Exhibits B and C, each, a “Security Agreement”).
An offer made pursuant to this Section 8.4 shall constitute an irrevocable offer by the Offeror to the Offeree either (i) to sell all, but not less than all, of the Offeror’s interests in the Company (including any interests held by, or Transferred to, its Affiliates), so long as the Offeree is not a Delinquent Member, or (ii) to purchase all, but not less than all, of the Offeree’s interests in the Company (including any interests held by or Transferred to its Affiliates).
COMERICA BANK By: William Sweeny --------------------------------- Title: Senio▇ ▇▇▇▇ ▇▇▇▇▇▇▇nt CONSENT TO AMENDMENT TO LOAN AND SECURITY AGREEMENT The undersigned have each previously executed an Unconditional Guaranty and a Third Party Security Agreement with respect to the Obligations under the Agreement.