AND SECURITY AGREEMENT Sample Clauses

An "And Security Agreement" is a contractual provision that establishes a security interest in specific assets to secure the performance of obligations, typically the repayment of a loan or fulfillment of another financial commitment. In practice, this clause identifies the collateral—such as equipment, inventory, or receivables—that the borrower pledges to the lender, and outlines the lender's rights to seize or control these assets if the borrower defaults. The core function of this clause is to protect the lender by providing a legal claim to certain assets, thereby reducing the lender's risk and increasing the likelihood of recovering funds in the event of non-payment.
AND SECURITY AGREEMENT. Security Agreements
AND SECURITY AGREEMENT. In consideration of the issuance from time to time, at the request of the Account Parties of one or more Credits in accordance with the terms of any Standby Letter of Credit Application(s) submitted by the Account Parties to the Issuer, the Account Parties hereby represent, warrant and agree as follows:
AND SECURITY AGREEMENT. This Third Amendment and Joinder to Revolving Credit and Security Agreement (the “Amendment”) is made this 3rd day of October, 2006, by and among AKRION, INC., a corporation organized under the laws of the State of Delaware (“Akrion”), GOLDFINGER TECHNOLOGIES, LLC, a limited liability company organized under the laws of the State of Delaware (“Goldfinger”) (Akrion and Goldfinger, each an “Existing Borrower” and collectively “Existing Borrowers”), AKRION SCP ACQUISITION CORP., a corporation formed under the laws of the State of Delaware (“Akrion SCP” or “Joining Borrower,” and together with Existing Borrowers, “Borrowers,” and each individually a “Borrower”) and the financial institutions which are now or which hereafter become a party hereto (collectively, the “Lenders” and individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).
AND SECURITY AGREEMENT. The Borrower and Lender identified on the cover page of this document have entered or anticipate entering into one or more transactions pursuant to which Lender agrees to make available to Borrower a loan facility governed by the terms and conditions set forth in this document and one or more Supplements executed by Borrower and Lender which incorporate this document by reference. Each Supplement constitutes a supplement to and forms part of this document, and will be read and construed as one with this document, so that this document and the Supplement constitute a single agreement between the parties (collectively referred to as this "Agreement"). Accordingly, the parties agree as follows:
AND SECURITY AGREEMENT. This TRADEMARK COLLATERAL ASSIGNMENT AND SECURITY AGREEMENT (this “Agreement”) dated as of March 9, 2015 is made by and among Silver Star Brands, Inc., a Wisconsin corporation (“Silver Star”), PartyLite Gifts, Inc., a Virginia corporation (“PartyLite Gifts”), PartyLite Worldwide, LLC, a Delaware limited liability company (“PartyLite WW”), Candle Corporation of America, a New York corporation (“Candle Corp” and together with Silver Star, PartyLite Gifts and PartyLite WW, collectively, the “Assignors” and each an “Assignor”), and BANK OF AMERICA, N.A., a national banking association (the “Lender”).
AND SECURITY AGREEMENT. For value received, I promise to pay to you, or your order, at your address listed above the PRINCIPAL sum of FOUR MILLION AND NO/100 DOLLARS $4,000,000.00 [ ] Single Advance: I will receive all of this principal sum on ____________________. No additional advances are contemplated under this Note. [ ] Multiple Advance: The principle sum shown above is the maximum amount of principal I can borrow under this Note. [ ] On 02-27-2006 I will receive the amount of $2,000,000.00 and future principal advances are contemplated. [ ] Conditions: The conditions for future advances are UPON REQUEST BY CUSTOMER [ ] Open End Credit: You and I agree that I may borrow up to the maximum principal sum more than one time. This feature is subject to all other conditions and expires on 02-27-2007.
AND SECURITY AGREEMENT. This COPYRIGHT COLLATERAL ASSIGNMENT AND SECURITY AGREEMENT dated as of March 9, 2015 (this “Agreement”), is made by and among Blyth, Inc., a Delaware corporation (“Blyth”), Silver Star Brands, Inc., a Wisconsin corporation (“Silver Star”), Candle Corporation of America, a New York corporation (“Candle Corp” and together with, Blyth and Silver Star, collectively, the “Assignors” and each an “Assignor”) and GFIE, LLC, a Florida limited liability company (the “Lender”).
AND SECURITY AGREEMENT. (ACCOUNTS AND INVENTORY)
AND SECURITY AGREEMENT. DATED AS OF APRIL 30, 1999 ------------------------------ LONG BEACH MORTGAGE COMPANY AS BORROWER AND MORGXX XXXNXXX XXXTGAGE CAPITAL INC. AS LENDER ================================================================================ 2 TABLE OF CONTENTS
AND SECURITY AGREEMENT to maintain the net worth or solvency of the primary obligor, (c) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation, or (d) otherwise to assure or to hold harmless the owner of such primary obligation against loss in respect thereof, provided, however, that the termContingent Obligation” shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Contingent Obligation shall be deemed to be an amount equal to the stated or determinable amount of the primary obligation in respect of which such Contingent Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is required to perform thereunder) as determined by such Person in good faith.