Examples of Xxxxxx Security Agreement in a sentence
Except for any restrictions imposed under the Xxxxxx Security Agreement, the June Bridge Loan Security Agreement and the September Bridge Loan Security Agreement (each as hereinafter defined), none of the Collateral is subject to contractual obligations that may restrict or inhibit the Agent’s rights or ability to sell or dispose of the Collateral or any part thereof after the occurrence of an Event of Default.
True and correct copies of the Xxxxxx Debt, the Xxxxxx Pledge, the Xxxxxx Security Agreement and each of the written contracts, agreements and leases listed in the SBC Disclosure Schedule have been delivered to the Company on or prior to the Closing Date and there are no amendments, revisions or changes, oral or in writing, to any of the foregoing.
The Accounts created are such Guarantor's exclusive property and are not and shall not be subject to any lien, consignment arrangement, encumbrance, security interest or financing statement whatsoever, except (a) the lien in favor of Xxxxxx under the Xxxxxx Term Loan and the documents executed in connection therewith, including, without limitation, the Xxxxxx Security Agreement, and (b) the liens in favor of the Existing Debentureholders.
The Debtor is the legal and beneficial owner of its Collateral free and clear of any lien, claim, option or right of others, except for the security interest created under this Agreement, the Xxxxxx Security Agreement and the security agreements executed by the Debtor or the Guarantors in connection with the Existing Debentures.
Schwab and Borrower agree that they will not make any amendments to the Schwab Security Agreement unless consented to by Xxxxxx and Xxxxxx and Borrower agree that they will not make any amendments to the Xxxxxx Security Agreement unless consented to by Schwab, such consent not to be unreasonably withheld.