Existing Collateral. The Substituted Collateral required to be provided by Creole and Boudin hereunder shall, except to the extent provided otherwise in this Agreement, be subject to all of the terms and conditions applicable to the Existing Collateral pursuant to the Existing Reinsurance Agreements to the same extent that such terms and conditions applied to the Existing Collateral thereunder.
Existing Collateral. The Substituted Collateral required to be provided by MII and B&W hereunder shall, except to the extent provided otherwise in this Agreement, be subject to all of the terms and conditions applicable to the Existing Collateral pursuant to the Existing Insurance Agreements to the same extent that such terms and conditions applied to the Existing Collateral thereunder.
Existing Collateral. Borrower hereby acknowledges and agrees that all security interests granted by Borrower to secure the indebtedness under the Prior Credit Agreement secures the Obligations under this Agreement, the Indenture Documents and the Hibernia Term Loan Agreement.
Existing Collateral. Borrower, in its capacity as Borrower under the Credit Agreement and in its capacity as Pledgor under the Second Amended and Restated Pledge and Security Agreement dated effective as of September 26, 2013 (the “Pledge Agreement”), between Borrower and the Administrative Agent, as Secured Party, acknowledges and agrees that the Collateral pledged pursuant to the Pledge Agreement shall continue to secure the payment of its Obligations under the Credit Agreement as amended by this First Amendment and hereby acknowledges, affirms and grants and re-grants the security interests of the Pledge Agreement to secure the Obligations.
Existing Collateral. The Substituted Collateral required to be provided by SpinCo and RemainCo hereunder shall, except to the extent provided otherwise in this Agreement, be subject to all of the terms and conditions applicable to the Existing Collateral pursuant to the Existing Insurance Agreements to the same extent that such terms and conditions applied to the Existing Collateral thereunder.
Existing Collateral. Purchaser shall use commercially reasonable efforts to cause (i) all letters of credit listed on Schedule 6.19 to be replaced at or prior to the Closing with letters of credit, cash collateral or other security reasonably acceptable to Purchaser and the beneficiary thereof and (ii) all cash collateral posted by Seller or any of its Affiliates as credit support to contractual counterparties listed in Schedule 6.19, or resulting from a draw on a letter of credit in respect of which Seller or an Affiliate of Seller was the account party listed in Schedule 6.19, to be replaced at or prior to the Closing with letters of credit, cash collateral or other security reasonably acceptable to Purchaser and the beneficiary thereof and any related cash collateral or other security to be returned to Seller.
Existing Collateral. Borrower hereby ratifies, affirms and restates the security interests previously granted to Borrower to Lender as collateral for the Loan, in all of Borrower's right, title and interest in and to the assets of the Borrower, as provided in the Loan Agreement (the "EXISTING COLLATERAL").
Existing Collateral. All collateral security granted or provided pursuant to the Master Settlement Agreement, any of the Settlement Documents and the Foreclosure Documents, all of which the Debtors ratify, confirm and agree is in full force and effect subject to Section 13 hereof, will also serve as collateral security for the Secured Obligations.
Existing Collateral. Borrower, in its capacity as Borrower under the Credit Agreement and it its capacity as Pledgor under the Security Instruments, acknowledges and agrees that the Collateral pledged pursuant to the Loan Documents shall continue to secure the payment and performance of its Obligations under the Credit Agreement as amended by this First Amendment and hereby grants and re-grants the security interests of the Security Instruments to secure the Obligations.
Existing Collateral. (i) [Reserved].
