Security and Guaranty Sample Clauses

Security and Guaranty. The Incremental Commitments will be secured on a pari passu or (at the Borrower’s option) junior basis by the same Collateral securing the obligations under the Facilities, and the Incremental Commitments and any incremental loans drawn thereunder shall rank pari passu in right of payment with or (at the Borrower’s option) junior to the obligations under the Facilities (it being understood any such junior liens shall be subject to any Intercreditor Agreement or any Other Intercreditor Agreement). Incremental Commitments shall benefit from the same guarantees as the Facilities.
Security and Guaranty. (a) All Obligations under this Agreement and all other Loan Documents shall be secured in accordance with the Collateral Documents. (b) All Obligations of any Borrower under this Agreement and all other Loan Documents to which such Borrower is a party shall be unconditionally guaranteed by each Guarantor pursuant to its Guaranty.
Security and Guaranty. [THIS SECTION SHALL BE INCLUDED IN ANY AGREEMENT WHERE EKPC’S OR COOPERATIVE’S MARKET OR CREDIT EXPOSURE IS ANTICIPATED TO EXCEED $5,000 DURING ANY YEAR OF THE TERM.]
Security and Guaranty. The obligations and liabilities of the Borrower hereunder and under the Loan Documents shall be secured and guaranteed as provided in this Section 3, subject to the provisions set forth below.
Security and Guaranty. As security for the full and timely payment of the principal and interest under the Note and for any and all other indebtedness or liability of the Borrower to the Lender, whether now existing or hereafter arising (all of which indebtedness is hereby referred to as AIndebtedness@), each Co-Guarantor grants and/or agrees to the following:
Security and Guaranty. 33 ARTICLE III
Security and Guaranty. The Company’s and the Operating Subsidiary’s obligations under this Note and the other Agreements are secured by Mortgaged Property (as defined in the Mortgage) pursuant to the terms of the Mortgage (or the Escrow Funds (as defined in the Purchase Agreement), if the Mortgage is defeased pursuant to Section 7.2(c) of the Purchase Agreement) and the obligations under this Note are guaranteed by the Operating Subsidiary pursuant to the Subsidiary Guaranty.
Security and Guaranty. The amounts outstanding hereunder are secured by a first priority security interest (subject only to Permitted Liens that have priority by operation of law) in the Collateral and the Obligations of the Borrower hereunder are guaranteed by the Guarantor. The Guarantor hereby irrevocably, unconditionally guarantees to the Agent and each Noteholder, the due and punctual payment in full of the Principal and interest on (including, without limitation, interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), and any other amounts due under, the Note Documents when and as the same shall become due and payable (whether at stated maturity or by required prepayment or by acceleration or otherwise) (all such obligations are herein called the “Guaranteed Obligations”). The guaranty in the preceding sentence is an absolute, present and continuing guaranty of payment and not of collectibility and is in no way conditional or contingent upon any attempt to collect from the Borrower or upon any other action, occurrence or circumstance whatsoever. In the event that the Borrower shall fail so to pay any of such Guaranteed Obligations, the Guarantor agrees to pay the same when due to the Agent for the benefit of the Noteholders entitled thereto, without demand, presentment, protest or notice of any kind, in lawful money of the United States of America, pursuant to the requirements for payment specified in the Note Documents. The obligations of the Guarantor shall be primary, absolute, irrevocable and unconditional, irrespective of the validity or enforceability of the Note Documents or any other instrument referred to therein, shall not be subject to any counterclaim, setoff, deduction or defense based upon any claim such Guarantor may have against the Borrower or any Noteholder or Agent or otherwise (other than in accordance with Section 3.3 hereof), and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not the Guarantor shall have any knowledge or notice thereof), including, without limitation: (a) any amendment to, modification of, supplement to or restatement of the Note Documents or any assignment or transfer of any thereof or of any interest therein, or any furnishing, a...
Security and Guaranty. Producer hereby grants to Investors as collateral security for the payment and performance in full when due by Producer of its obligations hereunder, a continuing security interest in, lien on, and a right of setoff against, all of Producer's right, title and interest in Picture as set forth in the Letter Agreement dated April 20, 2000 by and between Total Film Group, Inc., and Phat Free Productions, Inc. a copy of which is attached hereto as Exhibit B (the "Collateral"). The security interest granted herein shall extend to any and all of the proceeds of the pledged assets. If Producer does not repay the Note, Investor shall have the right to foreclose upon the Collateral and have any or all such assets and accounts receivable liquidated and/or paid over to Investor.
Security and Guaranty. (a) All obligations of the Borrower and the Guarantors under this Agreement, the Notes, the Guaranty, and all other Loan Documents, and the obligations of the Borrower to Reference Bank in respect of any Swap Contracts or cash management arrangements, shall be secured in accordance with the Collateral Documents. (b) All obligations of the Borrower under this Agreement, the Notes, and all other Loan Documents, and the obligations of the Borrower to Reference Bank in respect of any Swap Contracts or cash management arrangements, shall be unconditionally guaranteed by each Guarantor pursuant to the Guaranty.