Guarantor Security Documents. All of the obligations of each Subsidiary under its Guaranty Agreement shall be secured by a lien on all the personal property and assets of such Subsidiary now existing or hereinafter acquired granted pursuant to a guarantor security agreement dated of even date herewith between such Subsidiary and the Purchaser in the form attached hereto as Exhibit F (“Guarantor Security Agreement”).
Guarantor Security Documents. All of the obligations of the Guarantors under the Guaranties shall be secured by the following (collectively, the "Guarantor Debenture Collateral") each of which, except for Permitted Liens, shall be a lien ranking (i) junior and subordinate to the lien granted to Xxxxxx pursuant to the Xxxxxx Term Loans, and (ii) senior and superior to those liens granted to the investors in the Existing Debentures, all as more specifically set forth in the Subordination Agreement:
Guarantor Security Documents. All of the obligations of the Subsidiaries under the Guaranty Agreement shall be secured by a lien on all the personal property and assets of each respective Subsidiary now existing or hereinafter acquired granted pursuant to those certain Guarantor Security Agreements dated as of February 1, 2007 (each a “Guarantor Security Agreement”), which, except for Permitted Liens, shall be a first lien. The parties acknowledge and agree that the term “Obligations” as defined in each Guaranty Security Agreement, includes all obligations of each applicable Subsidiary to the Purchaser, including without limitation, those obligations of such Subsidiary under the applicable Guaranty Security Agreement.
Guarantor Security Documents. All of the obligations of OrthoSupply under the Guaranty Agreement shall be secured by a lien on all the personal property and assets of OrthoSupply now existing or hereinafter acquired granted pursuant to a guarantor security agreement dated of even date herewith between the Company and OrthoSupply (“Guarantor Security Agreement”), which, except for Permitted Liens, shall be a first lien.
Guarantor Security Documents. All of the obligations of each Subsidiary under its Guaranty Agreement shall be secured by a lien on all the personal property and assets of such Subsidiary now existing or hereinafter acquired granted pursuant those certain guarantor security agreements (each, a “Guarantor Security Agreement” and collectively, the “Guarantor Security Agreements”), each dated September 28, 2007 between Purchaser and each Subsidiary. Each Subsidiary acknowledges and agrees that the term “Obligations” as defined in the applicable Guarantor Security Agreement, includes all obligations of the Company to the Purchaser, including without limitation, those obligations of the Company under the Series B Preferred Stock and Transaction Documents. The parties further acknowledge and agree that the lien on the personal property of XFSC does not include the accounts receivable of XFSC as is set forth in XFSC’s security agreement with Purchaser and that liens granted pursuant to the Guarantor Security Agreements are and shall remain expressly subordinated and junior to the liens of Gottbetter as further set forth in the Guarantor Security Agreements.
Guarantor Security Documents. (1) A Guaranty constituting the Validity Guaranty of Xxxx X. Xxxxxx ("Guarantor");
Guarantor Security Documents. The Bank shall have received:
Guarantor Security Documents. All of the obligations of the Guarantors under the Guaranties shall be secured by (a) a lien on all of the personal property and assets of the respective Guarantors, now existing or hereinafter acquired, granted to the Lender pursuant to a security agreement substantially in the form attached hereto as Exhibit G (the "Watsxx Xxxrantors Security Agreement"), which, except for Permitted Liens, shall be first liens and senior in priority to the Guarantors' liens in favor of the Existing Holders; (b) collateral assignments substantially in the form attached hereto as Exhibit H (the "Watsxx Xxxrantors Collateral Assignments"), executed by the Guarantors in favor of the Lender; and (c) a first mortgage covering Houba's Culvxx, Xxdiana real property (the "Watsxx Xxxtgage"). The Watsxx Xxxurity Agreement, the Watsxx Xxxlateral Assignment, the Watsxx Xxxck Pledge Agreement, the Watsxx Xxxranty, the Watsxx Xxxrantors Security Agreement, the Watsxx Xxxrantor Collateral Assignments and the Watsxx Xxxtgage are sometimes referred to collectively herein as the "Watsxx Xxxurity Documents." The Loan Agreement, the Note, the Watsxx Xxxurity Documents and the Subordination Agreement are sometimes referred to collectively herein as the "Loan Documents."
Guarantor Security Documents the security agreement, pledge agreement, and/or other security documents executed by Guarantor in favor of Agent and the present and future Syndication Parties to secure Guarantor's performance of its obligations under the Guaranty with a first lien on all of Guarantor's assets.
Guarantor Security Documents. All of the obligations of each Subsidiary under its Guaranty Agreement shall be secured by a lien on all the personal property and assets of such Subsidiary now existing or hereinafter acquired granted pursuant to a guarantor security agreement dated of even date herewith between such Subsidiary and the Purchaser in the form attached hereto as Exhibit F (“Guarantor Security Agreement”); provided, however, that lien on the personal property of XFSC shall not include the accounts receivable of XFSC as shall be set forth in XFSC’s security agreement with Purchaser; and provided, further, that such liens shall be expressly subordinated and junior to the liens of Gottbetter.
