Security Agreement Amendment. The Administrative Agent shall have received an Amendment (as defined in the Security Agreement) as required by Section 4.4 of the Security Agreement in form and substance reasonably satisfactory to the Administrative Agent, duly executed and delivered by the applicable Credit Parties.
Security Agreement Amendment. An amendment to the Security Agreement, substantially in the form of Exhibit F hereto;
Security Agreement Amendment. Receipt by the Administrative Agent of evidence of the effectiveness of an amendment to the Security Agreement (the “Security Agreement Amendment”), in substantially the form of Exhibit F hereto.
Security Agreement Amendment. The Security Agreement Amendment, duly executed and delivered by the Administrative Agent and the Obligors.
Security Agreement Amendment. GE Medical and each of the MICA Obligors agree that the Security Agreement is, effective as of the date hereof, amended by deleting from Section 7(a) thereof the phrase "under the Promissory Note" and substituting therefor the phrase ", including, without limitation, all Obligations of MICA or any Subsidiary to GE arising in connection with equipment leases and services provided by GE to MICA or any such Subsidiary,".
Security Agreement Amendment. A counterpart of the Security Agreement Amendment duly executed by the Company and its Subsidiaries (including NUS).
Security Agreement Amendment. The Security Agreement is amended such that the Security Interest (as defined in the Security Agreement) granted by the Borrower to the Lender will also extend to cover any amount owed by the Borrower to the Lender pursuant to this Loan.
Security Agreement Amendment. Paragraph 2 of the Security Agreement is amended in its entirety as follows:
Security Agreement Amendment. Effective as of the Amendment Agreement Effective Date, Section 7.2 of the Existing Security Agreement is hereby amended and restated as follows: “Except as expressly provided elsewhere in this Agreement, all proceeds received by the Collateral Agent in respect of any sale, any collection from, or other realization upon all or any part of the Collateral, in each case pursuant to its exercise of remedies under Section 7.1 hereof, shall be applied in full or in part by the Collateral Agent against, the Secured Obligations in the following order of priority: first, to the payment of all reasonable costs and expenses of such sale, collection or other realization, including reasonable fees and out-of-pocket expenses to the Collateral Agent and its agents and counsel, and all other reasonable out-of-pocket expenses, liabilities and advances made or incurred by the Collateral Agent in connection therewith, and all amounts for which the Collateral Agent is entitled to indemnification hereunder (in its capacity as the Collateral Agent and not as a Lender) and all advances made by the Collateral Agent hereunder for the account of the applicable Grantor, and to the payment of all reasonable costs and expenses paid or incurred by the Collateral Agent in connection with the exercise of any right or remedy hereunder or under the Credit Agreement, all in accordance with the terms hereof or thereof; second, to the extent of any excess of such proceeds and without duplication, to the payment of all Priority Obligations for the ratable benefit of the Priority Lenders and Priority Lender Counterparties; third, to the extent of any excess of such proceeds and without duplication, to the payment of all Non-Priority Obligations for the ratable benefit of the Non-Priority Lenders and Non-Priority Lender Counterparties; and fourth, to the extent of any excess of such proceeds, to the payment to or upon the order of such Grantor or to whosoever may be lawfully entitled to receive the same or as a court of competent jurisdiction may direct. For the avoidance of doubt, any non-cash proceeds received by the Collateral Agent will, for purposes of determining the application of proceeds hereunder and the satisfaction of Secured Obligations, be valued at their fair market value as of the time of application (and not, in the case of loans, notes or other securities, their face value, liquidation preference or other nominal value).”
Security Agreement Amendment. The Administrative Agent shall have received a Perfection Certificate duly executed by each of the Loan Parties and such amendments or supplements to the relevant Collateral Documents or such other documents as the Administrative Agent shall deem necessary or advisable to grant to the Administrative Agent, for the benefit of the Secured Parties, a Lien on substantially all personal property of the Loan Parties (subject to certain exceptions to be set forth in such Collateral Documents), in each case, in a form reasonably satisfactory to the Administrative Agent and duly executed by each of the Loan Parties.
