Defined Terms 1. Section 1.1 Definitions 1 Section 1.2 Certain Other Terms 6 F. ARTICLE II GRANT OF SECURITY INTEREST 7 Section 2.1 Collateral 7 Section 2.2 Grant of Security Interest in Collateral 8 Section 2.3 Cash Management Accounts 8 G. ARTICLE III REPRESENTATIONS AND WARRANTIES 8 Section 3.1 Title; No Other Liens 8 Section 3.2 Perfection and Priority 8 Section 3.3 Jurisdiction of Organization; Chief Executive Office 9 Section 3.4 Inventory and Equipment 9 Section 3.5 Pledged Collateral 9 Section 3.6 Accounts 10 Section 3.7 Intellectual Property 10 Section 3.8 Deposit Accounts; Securities Accounts 11 Section 3.9 Commercial Tort Claims 11 H. ARTICLE IV COVENANTS 11 Section 4.1 Generally 11 Section 4.2 Maintenance of Perfected Security Interest; Further Documentation 11 Section 4.3 Maintenance of Records 12 Section 4.4 Pledged Collateral 12 Section 4.5 Accounts 13 Section 4.6 Delivery of Instruments and Chattel Paper 14 Section 4.7 Intellectual Property 14 Section 4.8 Payment of Obligations 16 Section 4.9 Notice of Commercial Tort Claims 16 I. ARTICLE V REMEDIAL PROVISIONS 16 Section 5.1 Code and Other Remedies 16 Section 5.2 Accounts and Payments in Respect of General Intangibles 17 Section 5.3 Pledged Collateral 18 Section 5.4 Proceeds to be Turned Over To Administrative Agent 19 Section 5.5 Securities Laws 19 Section 5.6 Deficiency 20 Section 5.7 Remedies Subject to Intercreditor Agreement 20 J. ARTICLE VI THE ADMINISTRATIVE AGENT 20 Section 6.1 Administrative Agent’s Appointment as Attorney-in-Fact 20 Section 6.2 Duty of Administrative Agent 22 Section 6.3 Authorization of Financing Statements 22 Section 6.4 Authority of Administrative Agent 22 K. ARTICLE VII MISCELLANEOUS 23 Section 7.1 Amendments in Writing 23 Section 7.2 Notices 23 Section 7.3 No Waiver by Course of Conduct; Cumulative Remedies 23 Section 7.4 Successors and Assigns 23 Section 7.5 Counterparts 24 Section 7.6 Severability 24 Section 7.7 Section Headings 24 Section 7.8 Entire Agreement 24 Section 7.9 Governing Law 24 Section 7.10 Additional Grantors 24 Section 7.11 Release of Collateral 25 Section 7.12 Reinstatement 25 Section 7.13 Intercreditor Agreement Governs 26 Section 7.14 Delivery of Collateral 26 Annex 1 Form of Deposit Account Control Agreement Annex 2 Form of Control Account Agreement Annex 3 Form of Pledge Amendment Annex 4 Form of Joinder Agreement Annex 5 Form of Short Form Intellectual Property Security Agreement Schedule 1 State of Organization; Principal Executive Office Schedule 2 Pledged Collateral Schedule 3 Filings Schedule 3.7(d) Certain Actions Schedule 4 Location of Inventory and Equipment Schedule 5 Intellectual Property Schedule 6 Bank Accounts; Control Accounts Schedule 7 Commercial Tort Claims
Appears in 1 contract
Defined Terms 1. Section SECTION 1.1 Definitions 1 Section SECTION 1.2 Certain Other Terms 6 F. ARTICLE II GRANT OF SECURITY INTEREST 7 Section Definitional Provisions 2 SECTION 2.1 Collateral 7 Section Guaranty 2 SECTION 2.2 Grant Bankruptcy Limitations on each Guarantor 2 SECTION 2.3 Agreements for Contribution 3 SECTION 2.4 Nature of Security Interest in Collateral 8 Section 2.3 Cash Management Accounts 8 G. ARTICLE III REPRESENTATIONS AND WARRANTIES 8 Section 3.1 Title; No Other Liens 8 Section 3.2 Perfection and Priority 8 Section 3.3 Jurisdiction Guaranty 4 SECTION 2.5 Waivers 5 SECTION 2.6 Modification of Organization; Chief Executive Office 9 Section 3.4 Inventory and Equipment 9 Section 3.5 Pledged Collateral 9 Section 3.6 Accounts 10 Section 3.7 Intellectual Property 10 Section 3.8 Deposit Accounts; Securities Accounts 11 Section 3.9 Commercial Tort Claims 11 H. ARTICLE IV COVENANTS 11 Section 4.1 Generally 11 Section 4.2 Maintenance of Perfected Security Interest; Further Documentation 11 Section 4.3 Maintenance of Records 12 Section 4.4 Pledged Collateral 12 Section 4.5 Accounts 13 Section 4.6 Delivery of Instruments and Chattel Paper 14 Section 4.7 Intellectual Property 14 Section 4.8 Payment of Obligations 16 Section 4.9 Notice of Commercial Tort Claims 16 I. ARTICLE V REMEDIAL PROVISIONS 16 Section 5.1 Code and Other Remedies 16 Section 5.2 Accounts and Payments in Respect of General Intangibles 17 Section 5.3 Pledged Collateral 18 Section 5.4 Proceeds to be Turned Over To Loan Documents, etc 5 SECTION 2.7 Demand by the Administrative Agent 19 Section 5.5 Securities Laws 19 Section 5.6 Deficiency 20 Section 5.7 6 SECTION 2.8 Remedies Subject to Intercreditor Agreement 20 J. ARTICLE VI THE ADMINISTRATIVE AGENT 20 Section 6.1 Administrative Agent’s Appointment as Attorney-in-Fact 20 Section 6.2 Duty 6 SECTION 2.9 Benefits of Administrative Agent 22 Section 6.3 Guaranty 6 SECTION 2.10 Termination; Reinstatement 7 SECTION 2.11 Payments 7 SECTION 3.1 Existence 7 SECTION 3.2 Authorization of Financing Statements 22 Section 6.4 Authority Agreement; Enforceability 8 SECTION 3.3 No Conflict; Consents 8 SECTION 3.4 Litigation 8 SECTION 3.5 Title to Assets 8 SECTION 3.6 Solvency 8 SECTION 3.7 Compliance with the Credit Agreement 8 SECTION 4.1 Amendments, Waivers and Consents 9 SECTION 4.2 Notices 9 SECTION 4.3 Enforcement Expenses, Indemnification 9 SECTION 4.4 Governing Law 9 SECTION 4.5 Jurisdiction and Venue 9 SECTION 4.6 Binding Arbitration; Waiver of Administrative Agent 22 K. ARTICLE VII MISCELLANEOUS 23 Section 7.1 Amendments in Writing 23 Section 7.2 Notices 23 Section 7.3 Jury Trial 10 SECTION 4.7 Injunctive Relief, Punitive Damages 11 SECTION 4.8 No Waiver by Course of Conduct; , Cumulative Remedies 23 Section 7.4 11 SECTION 4.9 Successors and Assigns 23 Section 7.5 11 SECTION 4.10 Severability 12 SECTION 4.11 Titles and Captions 12 SECTION 4.12 Counterparts 24 Section 7.6 Severability 24 Section 7.7 Section Headings 24 Section 7.8 Entire Agreement 24 Section 7.9 Governing Law 24 Section 7.10 12 SECTION 4.13 Set-Off 12 SECTION 4.14. Integration 12 SECTION 4.15. Acknowledgements 12 SECTION 4.16. Releases 13 SECTION 4.17 Additional Grantors 24 Section 7.11 Release Guarantors 13 GUARANTY AGREEMENT, dated as of Collateral 25 Section 7.12 Reinstatement 25 Section 7.13 Intercreditor Agreement Governs 26 Section 7.14 Delivery June 17, 2011 made by certain Subsidiaries (collectively, the “Guarantors”, each, a “Guarantor”) of Collateral 26 Annex 1 Form BLACKBAUD, INC., a Delaware corporation (the “Borrower”), in favor of Deposit Account Control Agreement Annex 2 Form ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (in such capacity, the “Administrative Agent”) for the ratable benefit of Control Account Agreement Annex 3 Form itself and the financial institutions (the “Lenders”) from time to time parties to the Credit Agreement, dated of Pledge Amendment Annex 4 Form of Joinder Agreement Annex 5 Form of Short Form Intellectual Property Security Agreement Schedule 1 State of Organization; Principal Executive Office Schedule 2 Pledged Collateral Schedule 3 Filings Schedule 3.7(d) Certain Actions Schedule 4 Location of Inventory even date herewith (as amended, restated, supplemented or otherwise modified, the “Credit Agreement”), by and Equipment Schedule 5 Intellectual Property Schedule 6 Bank Accounts; Control Accounts Schedule 7 Commercial Tort Claimsamong the Borrower, the Lenders and the Administrative Agent.
Appears in 1 contract
Sources: Guaranty Agreement (Blackbaud Inc)
Defined Terms 1. Section 1.1 Definitions 1 Section 1.2 Certain Other Terms 6 F. ARTICLE II GRANT CONTINUATION OF SECURITY INTEREST 7 THE ISSUER TRUST 9 Section 2.1 Collateral 7 Name 9 Section 2.2 Grant Office of Security Interest in Collateral 8 the Delaware Trustee; Principal Place of Business 9 Section 2.3 Cash Management Accounts 8 G. Initial Contribution of Trust Property; Organizational Expenses 9 Section 2.4 Issuance of the Preferred Securities 9 Section 2.5 Issuance of the Common Securities; Subscription and Purchase of Debentures 9 Section 2.6 Continuation of Trust 10 Section 2.7 Authorization to Enter into Certain Transactions 10 Section 2.8 Assets of Trust 13 Section 2.9 Title to Trust Property 13 ARTICLE III REPRESENTATIONS AND WARRANTIES 8 PAYMENT ACCOUNT 14 Section 3.1 Title; No Other Liens 8 Section 3.2 Perfection and Priority 8 Section 3.3 Jurisdiction of Organization; Chief Executive Office 9 Section 3.4 Inventory and Equipment 9 Section 3.5 Pledged Collateral 9 Section 3.6 Accounts 10 Section 3.7 Intellectual Property 10 Section 3.8 Deposit Accounts; Securities Accounts 11 Section 3.9 Commercial Tort Claims 11 H. Payment Account 14 ARTICLE IV COVENANTS 11 DISTRIBUTIONS; REDEMPTION 14 Section 4.1 Generally 11 Distributions 14 Section 4.2 Maintenance of Perfected Security Interest; Further Documentation 11 Redemption 15 Section 4.3 Maintenance Subordination of Records 12 Common Securities 17 Section 4.4 Pledged Collateral 12 Payment Procedures 17 Section 4.5 Accounts 13 Tax Returns and Reports 17 Section 4.6 Delivery Payment of Instruments and Chattel Paper 14 Taxes, Duties, Etc. of the Issuer Trust 18 Section 4.7 Intellectual Property 14 Payments under Indenture or Pursuant to Direct Actions 18 Section 4.8 Payment Liability of Obligations 16 Section 4.9 Notice the Holder of Commercial Tort Claims 16 I. Common Securities 18 ARTICLE V REMEDIAL PROVISIONS 16 TRUST SECURITIES CERTIFICATES 18 Section 5.1 Code and Other Remedies 16 Initial Ownership 18 Section 5.2 Accounts and Payments in Respect of General Intangibles 17 The Trust Securities Certificates 18 Section 5.3 Pledged Collateral 18 Execution, Delivery and Authentication of Trust Securities Certificates 19 Section 5.4 Proceeds to be Turned Over To Administrative Agent Book-Entry Preferred Securities 19 Section 5.5 Registration of Transfer and Exchange of Preferred Securities Laws 19 Certificates 21 Section 5.6 Deficiency 20 Mutilated, Destroyed, Lost or Stolen Trust Securities Certificates 22 Section 5.7 Remedies Subject to Intercreditor Agreement 20 J. ARTICLE VI THE ADMINISTRATIVE AGENT 20 Section 6.1 Administrative Agent’s Appointment as Attorney-in-Fact 20 Section 6.2 Duty of Administrative Agent Persons Deemed Holders 22 Section 6.3 Authorization 5.8 Access to List of Financing Statements Holders’ Names and Addresses 22 Section 6.4 Authority 5.9 Maintenance of Administrative Agent 22 K. ARTICLE VII MISCELLANEOUS Office or Agency 23 Section 7.1 Amendments in Writing 5.10 Appointment of Paying Agent 23 Section 7.2 Notices 5.11 Ownership of Common Securities by Sponsor 23 Section 7.3 No Waiver by Course of Conduct; Cumulative Remedies 5.12 Notices to Clearing Agency 23 Section 7.4 Successors and Assigns 23 Section 7.5 Counterparts 24 Section 7.6 Severability 24 Section 7.7 Section Headings 24 Section 7.8 Entire Agreement 24 Section 7.9 Governing Law 24 Section 7.10 Additional Grantors 24 Section 7.11 Release 5.13 Rights of Collateral 25 Section 7.12 Reinstatement 25 Section 7.13 Intercreditor Agreement Governs 26 Section 7.14 Delivery Holders; Waivers of Collateral 26 Annex 1 Form of Deposit Account Control Agreement Annex 2 Form of Control Account Agreement Annex 3 Form of Pledge Amendment Annex 4 Form of Joinder Agreement Annex 5 Form of Short Form Intellectual Property Security Agreement Schedule 1 State of Organization; Principal Executive Office Schedule 2 Pledged Collateral Schedule 3 Filings Schedule 3.7(d) Certain Actions Schedule 4 Location of Inventory and Equipment Schedule 5 Intellectual Property Schedule 6 Bank Accounts; Control Accounts Schedule 7 Commercial Tort ClaimsPast Defaults 24
Appears in 1 contract