Additional Security Agreements definition

Additional Security Agreements means such additional security agreements, debentures, pledge agreements or instruments, to be dated and delivered as soon as reasonably practicable but in any event no later than the Clean-Up Date and to the extent permitted under Applicable Laws, as may be reasonably necessary to grant a first-ranking security interest or hypothec or equivalent security , subject to Permitted Senior Encumbrances, in all movable (personal) property and material assets of the Corporation and any Subsidiary on terms consistent with the Security provided to or for the benefit of the Purchaser in Canada to the extent, in each case, that the costs associated with obtaining such additional security agreements, debentures or instruments are not excessive, given the benefits to be obtained therefrom (as determined by the holders of the ▇▇▇▇▇▇ Notes, which determination shall be communicated to the Corporation by the Trustee);

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Additional Security Agreements has the meaning ascribed in the recitals.

Additional Security Agreements in the JV to Sangdong Loan Agreement.

Examples of Additional Security Agreements in a sentence

• Neither this Agreement nor any of the Additional Security Agreements nor any of their provisions may be changed, amended, modified, waived or discharged orally, but only by an instrument in writing signed by the holders of not less than a majority of the then-outstanding aggregate principal amount of the Notes.

• Each of the Additional Security Agreements (as defined below) shall constitute a "Security Document" for all purposes of the Credit Agreement and the other Loan Documents.

• As compensation for the Services provided by the Service Provider pursuant to this Agreement, the Service Provider shall earn a service fee (the “Service Fee”) equal to $250,000 per fiscal quarter, pro-rated for any partial quarters and payable as hereinafter set forth.

• Without limiting the foregoing, upon the occurrence of any event of default under this Agreement or any of the Additional Security Agreements, if one of the Secured Parties alleges a claim of breach by the Debtor DB re³ach Claim´ th en the Debtor shall be obligated to follow the procedures set forth on Section 6 of the Note Purchase Agreements with respect to such Breach Claim, including in connection with WKH DSSRLQWPHQW RI D 3XUFKDVH defined in Section 6 of the Note Purchase Agreements.

• The Borrower hereby appoints the Issuing Banks Agent the attorney-in-fact of the Borrower for the purpose of carrying out the provisions of this Article and of the Additional Security Agreements and taking any action and executing any instrument that the Issuing Banks Agent may deem necessary or advisable to accomplish the purposes of this Article or of the Additional Security Agreements, which appointment is irrevocable and coupled with an interest.

• Each Guarantor acknowledges, consents, and agrees that new Guarantors may join in this Guaranty pursuant to Section 11.17 [Joinder of Guarantors; Additional Security Agreements] of the Credit Agreement and each Guarantor affirms that its obligations shall continue hereunder undiminished.

More Definitions of Additional Security Agreements

Additional Security Agreements means, collectively, (i) the debenture between Fibernet Group Limited, Fibernet Limited and Fibernet UK Limited as chargors in favor of The Bank of New York as collateral agent, to be dated as of December 28, 2006 and (ii) the assignment of contracts by the Issuer as assignor in favor of the The Bank of New York as collateral agent, to be dated as of December 28, 2006.

Additional Security Agreements means any agreement (other than this Agreement) executed and delivered by the Borrower pursuant to which any security interest in the ▇▇ ▇▇▇▇ Collateral Account or any ▇▇ ▇▇▇▇ Collateral is created, or is purported to be created, in favor of the Issuing Banks Agent (or any of its sub-agents) for the benefit of the Issuing Banks.

Additional Security Agreements means all security agreements or similar agreements that may be delivered to Collateral Agent after the Closing Date as collateral security for any or all of the Obligations, as such security agreements or similar agreements may be amended, supplemented or otherwise modified from time to time.

Additional Security Agreements means, collectively, the pledges, security agreements, security agreement supplements and other collateral documents executed and delivered from time to time pursuant to Section 9.6.