Initial Security Documents Clause Samples

Initial Security Documents. Spanish Power of Attorney relating to the pledge of the shares of CEMEX España, S.A.

Initial Security Documents. The Dutch law deed of pledge of shares dated October 12, 2011 among the Borrower, SG Resources, and Canadian Imperial Bank of Commerce (“CIBC”, the predecessor to the Administrative Agent).

Initial Security Documents. Canadian Security Documents

Initial Security Documents. 1. Composite Debenture granted by each of the Obligors incorporated in England and Wales, Scotland and Jersey in favour of the Security Trustee. 2. Share Charge Agreement granted by Telewest UK in favour of the Security Trustee in respect of all of its shares in TCN.

Initial Security Documents. The Administrative Agent shall have received the Initial Security Documents and a confirmation from each Credit Party of its obligations under the Initial Security Documents to which it is a party notwithstanding the amendment and restatement of the Existing Credit Agreement pursuant to this Agreement.

Initial Security Documents. 1. Assignments by each of the Collateral Vessel Owners in favour of the Security Trustee in respect of (i) the Insurances (ii) the requisition proceeds (iii) the relevant Management Agreement (iv) the Administrative Services Agreement (v) the relevant Time Charter Party (vi) the Charter Ancillary Agreement (vii) the Performance Guarantee and (iix) the benefit of the assignment referred to under paragraph 10 below. 2. Floating charge by the Charterer in favour of the Borrower in respect of the assets of the Charterer. 3. Share pledge by the Parent in favour of the Borrower in respect of the share capital of the Charterer. 4. Share charges/pledges by the Borrower in favour of the Security Trustee in respect of the share capital of each of the Original Guarantors. 5. Share charges/pledges by Madeira International Corp. in favour of the Security Trustee in respect of the share capital of each Collateral Vessel Owner owned by it. 6. Assignments by the Charterer in favour of each of the Collateral Vessel Owners in respect of the Commercial Management Agreement. 7. Assignment by the Borrower in favour of the Security Trustee in respect of (i) the floating charge by the Charterer (ii) the Performance Guarantee (iii) the share pledge by the Parent (iv) the Charter Ancillary Agreement (v) the Fleet Purchase Agreement and (vi) the Administrative Services Agreement. 8. Account pledge by the Charterer in favour of the Borrower in respect of the Charter Account with the Security Trustee. 9. Assignment by Borrower in favour of the Security Trustee in respect of the account pledge referred to in paragraph 8 above. 10. Assignments by the Manager in favour of each Collateral Vessel Owner in respect of the insurances relating to off-hire. 11. Account pledge by the Borrower in favour of the Security Trustee in respect of the Borrower Account. 12. Letter of undertaking/subordination agreement by Frontline Management AS and/or the Parent in favour of the Security Trustee in respect of any off-hire insurance relating to a Collateral Vessel under which such entities are named as co-assured. SCHEDULE 4 FORM OF DRAWDOWN REQUEST From: Ship Finance International Limited (the “Borrower”) To: Nordea Bank Norge ASA (the “Administrative Agent”) Date: [•] Dear Sirs We refer to a credit facility agreement (the “Credit Facility Agreement”) dated 17 February 2004 entered into between the Borrower, Citigroup Global Markets Limited and Nordea Bank Norge ASA (the “Bookrunners”), Citigroup Globa...

Initial Security Documents. The Borrower shall have executed and delivered to the Collateral Agent each Initial Security Document.

Initial Security Documents. Subject to and in accordance with the provisions of the Restructuring Deed, the Credit Agreement, the Amended and Restated Note Purchase Agreement, the Intercreditor Agreement and the Common Security Trust Deed the Parent agrees that the guarantee and security documents (the "Initial Security Documents") and any additional documents set out in this paragraph 3 shall be executed and delivered to the Common Security Trustee by the parties thereto (other than the Common Security Trustee) as a condition precedent to the Restructuring Date (except for the Australian share pledges set out in paragraph 3.10 which shall be provided as a condition subsequent to the Restructuring Date not more than 3 Banking Days after the Restructuring Date, and the provisions of this Memorandum shall be read subject to this exception).

Initial Security Documents. Germany 1 A security transfer of movable assets granted by German Opco.