Buyer Security Agreement definition

Buyer Security Agreement means the Pledge and Security Agreement, of even date herewith, by Buyer in favor of Seller and the Operating Company in the form attached hereto as Exhibit G.
Buyer Security Agreement means the Pledge and Security Agreement, of even date herewith, by Buyer in favor of MHSI and the Company.
Buyer Security Agreement has the meaning set forth in ss.2(c)(ii) below.

Examples of Buyer Security Agreement in a sentence

  • The Members acknowledge that Buyer has granted a security interest in its Membership Interest pursuant to the Buyer Security Agreement.

  • At closing, Seller shall furnish Buyer at Seller’s expense with an standard owners' policy of title insurance in the amount of the consideration stated above, standard form, insuring Buyer as the owner of the Property and holder of the easement subject only to the usual printed exceptions and the Permitted Exceptions.

  • Upon the election by either of the Secured Parties (as defined in the Buyer Security Agreement) to hold the Collateral in accordance with Section 3(f) of the Buyer Security Agreement, notwithstanding Article X of this Agreement, MHSI will thereupon be automatically admitted to the Company as a Member with respect to Buyer's Membership Interest hereunder, and concurrently, Buyer will cease to be a Member.

  • A Member may not pledge, mortgage, encumber or hypothecate all or any part of its Membership Interest without the prior consent of the other Members, which consent may be withheld by such other Members in their reasonable discretion except as provided for in the Buyer Security Agreement or the Seller Security Agreement.

  • Each of Borrower and Guarantor hereby acknowledge and agree that by entering into this Agreement Seller does not waive any default under the Loan Agreement or any other Loan Document or become obligated to waive any condition or obligation in any agreement between or among the parties to this Agreement and exercise of its rights under the Promissory Note and the Buyer Security Agreement.

  • The obligation of Buyer to pay the remaining balance of the Purchase Price shall be evidenced by a Promissory Note (the "Buyer Notice) and secured by a Pledge and Security Agreement (the "Buyer Security Agreement") covering the Loan and the Loan Documents, each in the form attached hereto as Exhibit A and B, respectively.

  • Concurrently with the execution of this Agreement, the Parent and Enterprises shall have duly executed a guaranty whereby the Parent and Enterprises, severally and jointly, guarantee the obligations of Buyer under this Agreement, the Buyer Note and the Buyer Security Agreement (the “Guaranty”).

  • VR 3Tomasz Obtulowicz € Telemark Central, Skien, Norway01.10.01-01.12.01Mr. Tomasz Obtułowicz spent 2 months in Telemark Central Hospital working on the project conducted by dr.

  • The original executed Buyer Security Agreement, together with such fully executed Form UCC-1 Financing Statements and other documents as Seller may reasonably require.

  • This Agreement is the Buyer Security Agreement referred to in the Asset Purchase Agreement.


More Definitions of Buyer Security Agreement

Buyer Security Agreement means that certain Security Agreement dated as of the date hereof, between the Seller, Seller Equityholder and the Buyer.
Buyer Security Agreement means the Pledge and Security Agreement, dated as of October 1, 1994, made by the Buyer to ANB, as the same may from time to time be amended, supplemented or otherwise modified as provided herein.
Buyer Security Agreement as defined in Section 2.6(b)(iii).

Related to Buyer Security Agreement

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Subsidiary Security Agreement each Security Agreement made by each of the Subsidiary Guarantors (including any security agreement executed and delivered pursuant to subsection 8.17) in favor of the Administrative Agent for the benefit of the Lenders, substantially in the form of Exhibit K hereto, as the same may be amended, supplemented or otherwise modified from time to time.

  • U.S. Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the U.S. Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other U.S. Loan Party (as required by this Agreement or any other Loan Document).

  • Trademark Security Agreement means each Trademark Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit D.

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • IP Security Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Collateral Agent and dated as of the Effective Date, as may be amended, restated, or otherwise modified or supplemented from time to time.

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Canadian Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the Canadian Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other Canadian Loan Party (as required by this Agreement or any other Loan Document).

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • IP Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Trademark Security Agreements means the Trademark Security Agreements made in favor of Agent, on behalf of Lenders, by each applicable Credit Party.

  • Copyright Security Agreement means each Copyright Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit A.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Canadian Security Agreements means, collectively, those certain Amended and Restated Security Agreements, dated as of the Restatement Date, and those certain deeds of movable hypothec dated on or about the Restatement Date, made by the Canadian Credit Parties party thereto in favor of Agent, on behalf of itself and for the benefit of the Secured Parties, as amended, restated, supplemented or otherwise modified from time to time.

  • Existing Security Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Loan and Security Agreement “thereunder”, “thereof” or similar words referring to the Loan Agreement shall mean and be a reference to this Agreement and (b) each reference in the Financing Agreements to a “Note” or “Revolving Credit Note” shall mean and be a Revolving Credit Note as defined in this Agreement.

  • Patent Security Agreement means each Patent Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit B.

  • Intellectual Property Security Agreement Supplement has the meaning specified in the Security Agreement.

  • IP Security Agreements means the Copyright Security Agreement, the Trademark Security Agreement and the Patent Security Agreement.

  • Short-Form IP Security Agreements means short-form patent, trademark or copyright (as the case may be) security agreements, substantially in the forms of Exhibits J, K and L to this Agreement, as applicable, entered into by one (1) or more Obligors in favor of the Administrative Agent for the benefit of each Secured Party.