COLLATERAL FOR THE OBLIGATIONS. Until paid in full, the Obligations will be secured by the following:
COLLATERAL FOR THE OBLIGATIONS. The Obligations will be secured and supported as provided in this Section:
COLLATERAL FOR THE OBLIGATIONS. Promptly upon acquisition thereof, pledge all assets and properties (including all Accounts, inventory, real property and other assets and properties) of each Borrower and its Subsidiaries constituting Collateral under the Security Documents in each case as security for the Obligations, maintain in full force and effect the lockbox arrangements contemplated by the Security Agreement and perform all obligations of each Borrower and its 93 Subsidiaries set forth in any Lockbox Agreement (including without limitation issuing irrevocable directions to all Account Debtors to remit payments in respect of Accounts to the lockboxes or accounts established with the Collateral Agent or pursuant to any Lockbox Agreement).
COLLATERAL FOR THE OBLIGATIONS. Until finally paid and satisfied in full and this Agreement is no longer of any force or effect, the Obligations are and shall remain secured by a valid and enforceable first priority pledge, assignment of and/or grant of security interest and Lien in and to all personal property of the Company, tangible and intangible, now owned and existing or hereafter acquired or arising, including, without limitation, all accounts receivable, all Purchased Accounts Receivable, cash, Pledged Cash, Investment securities, all promissory notes (including, but not limited to, the Escalade Note) made and issued by Escalade and/or any of the Escalade Domestic Subsidiaries in favor of, and owned and held by, the Company, general intangibles and all proceeds and products thereof (collectively, the "COLLATERAL"), which assignments, security interests and pledges shall be granted to the Bank by the Company Security Agreement and the Escalade Note Pledge Agreement, respectively, subject only to Liens and security interests described in the exceptions enumerated in Section 5.02(b)
COLLATERAL FOR THE OBLIGATIONS. Until paid in full, all of the Obligations will be secured by the following:
COLLATERAL FOR THE OBLIGATIONS. Section 4 of the Agreement is hereby amended and restated in its entirety to read as follows:
COLLATERAL FOR THE OBLIGATIONS. All of the Obligations will be supported and secured as hereinafter set forth:
COLLATERAL FOR THE OBLIGATIONS. The Agreement is hereby amended to delete Subsections b, c and d of Section 4 concerning the Company and Subsidiary Security Agreements and the Pledge Agreement in their entirety as the Obligations of the Company under the Agreement shall now be unsecured.
COLLATERAL FOR THE OBLIGATIONS. The Collateral Agent shall keep the Collateral segregated from its other property and may set up one or more bank or security accounts, as it deems appropriate, to maintain such segregation.
COLLATERAL FOR THE OBLIGATIONS. The ------------ Obligations will be secured by a security interest in all personal property of the Company, tangible and intangible, now owned and existing or hereafter acquired or arising, including, without limitation, all equipment, inventory, accounts receivable and general intangibles and all proceeds thereof, which security interest will be created by a Security Agreement (as the same may be amended, modified, extended, renewed, supplemented, replaced and/or restated from time to time and at any time, the "Security -------- Agreement") in the form attached as EXHIBIT I. The Security --------- --------- Agreement will provide security interests in the collateral described therein subject only to liens and security interests described in the exceptions enumerated in subsections 5.02(b)(1) through (7) of this Agreement. In the event the Company owns or acquires tangible or intangible personal property that the Bank deems is or may not be covered as collateral by the Security Agreement or in which the Bank deems its security interest therein is or may not be perfected, the Company covenants and agrees promptly upon the request of the Bank to execute such other security instruments and documents and take such other actions as the Bank may require to grant to the Bank a perfected security interest therein, all of which security instruments and documents
