Collateral Security Documents. The Collateral Security Documents shall include the following documents, each of which has been executed by Borrower in favor of Lender and dated as of an even date herewith unless otherwise noted:
Collateral Security Documents. Borrower shall have delivered or shall have caused to be delivered to the Bank all Collateral security documents as shall be required by the Bank. Financing statements describing the Collateral shall have been filed or readied for filing in each jurisdiction and in each office as shall have been required by the Bank.
Collateral Security Documents. Notwithstanding any contrary reference in the Collateral Security Documents, Borrower hereby acknowledges, agrees and states to the Bank that the Collateral Security Documents, as amended, secure the obligations of Borrower pursuant to the Loan Documents.
Collateral Security Documents. 20 5.6 Insurance..................................................20 5.7
Collateral Security Documents. 3 Commission.................................................3
Collateral Security Documents. (a) Upon execution and delivery thereof, the Collateral Security Documents will be effective to create, in favor of the Agent, legal, valid and enforceable liens on and security interests in all right, title, estate and interest of the Borrower or the General Partner, as the case may be, in and to all items of Collateral (other than those items of Collateral which, individually or in the aggregate, are not material) and (i) all necessary and appropriate recordings and filings will have been duly effected in all appropriate public offices and (ii) any cash or other amounts then required to be deposited pursuant to the Security Deposit Agreement will have been so deposited so that the liens and security interests created by the Collateral Security Documents will constitute perfected first liens (other than as to the Permitted Liens) on, and prior (other than as to the Permitted Liens) perfected security interests in, all right, title, estate and interest of the Borrower or the General Partner, as the case may be, in and to all items of Collateral (other than those items of Collateral which, individually or in the aggregate, are not material) described therein (other than any item of Collateral as to which a security interest cannot be perfected by filing, recording or registering) prior and superior to all other Liens, existing or future, except Permitted Liens. The recordings and filings shown on Schedule 3 and the registration on the books of the General Partner of the pledge effected by the Assignment and Security Agreement and the continuous possession by the Security Agent of the cash required to be deposited pursuant to the Security Deposit Agreement are all the recordings, filings and other action (other than the periodic filing of continuation statements) necessary and appropriate in order to establish, protect and perfect the Agent's lien on and security interest in the right, title, estate and interest of the Borrower or the General Partner, as the case may be, in and to all items of Collateral (other than those items of Collateral which, individually or in the aggregate, are not material).
Collateral Security Documents. To secure repayment of the Obligations, the performance of all of Borrower's obligations to Agent and the Banks with respect thereto, Borrower shall execute and deliver, or cause to be executed and delivered, to Agent, for the ratable benefit of the Banks, the Security Documents which shall create a perfected, first priority, Lien and security interest in the Collateral, subject to the exceptions noted in the Security Documents or in SCHEDULE 4.5, specifically excluding that portion of the Property identified on SCHEDULE 3.2(e)[1], BUT INCLUDING ANY PROPERTY OF THE COMPANIES ACQUIRED BY THE COMPANIES OR DISCOVERED BY THE AGENT AFTER THE DATE HEREOF. Upon termination of the pledge of the capital stock and assets of Southco to Southco, Inc., Borrower shall immediately (i) pledge such stock, and (ii) cause Southco to pledge such Assets, each to Agent for the ratable benefit of the Banks to secure the Loans pursuant to pledge instruments satisfactory to Agent, using instruments which are substantially similar to the Security Documents executed on the Closing Date. Additionally, on the Closing Date, Borrower shall obtain from L & J Lewix Xxxperties, LLC, a Texas limited liability company ("L & J"), and deliver to Agent an agreement confirming that upon the acquisition of those certain Properties described on SCHEDULE 3.2(e)[2] (the "L & J Properties") by L& J, if such properties are leased or subleased to any Company, L & J will immediately enter into such memoranda of lease, landlord lien subordination documents and consents to the granting of leasehold deeds of trust by such Company as Agent shall reasonably require. Further, upon such lease or sublease to a Company, Borrower will cause such Company to execute and deliver to Agent a Deed of Trust creating a first and prior lien in favor of Agent for the benefit of the Banks on the L & J Properties, said Deed of Trust to be in substantially the same form as those executed by the Companies on the Closing Date covering leasehold(s) located in Texas.
Collateral Security Documents. At the time of the Closing Date, the BANK shall receive all the instruments and documents then required to be delivered pursuant to Article IV and the same shall be in full force and effect.
Collateral Security Documents. The Security Agreement, the Pledge Agreements and each other agreement, document or instrument executed and/or delivered in connection with any of the foregoing shall be referred to collectively as the "Collateral Security Documents" and singly as a "Collateral Security Document."
Collateral Security Documents. The Borrower shall at its own expense deliver to each Agent with respect to any amendments, supplements or other modifications to any Security Document entered into after the Effective Date, promptly upon the execution thereof, a true and complete copy thereof, each duly recorded by the competent authority.
