First Lien Security Agreement definition

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

First Lien Security Agreement means that certain Amended and Restated Collateral Agreement, dated as of December 10, 2020, among the Borrower, the other Grantors party thereto and the First Lien Administrative Agent, as amended, restated, amended and restated, extended, supplemented or otherwise modified, replaced or Refinanced from time to time.

First Lien Security Agreement means the Security Agreement, dated as of January 31, 2007, among Holdings, the Borrower, the loan parties from time to time party thereto, and the First Lien Collateral Agent.

Examples of First Lien Security Agreement in a sentence

• Capitalized terms used but not defined herein shall have the meaning assigned thereto in the First Lien Security Agreement.

• The obligations of the Issuer to the First Lien Agent hereunder shall continue in effect until the security interest of the First Lien Agent in the Securities has been terminated pursuant to the terms of the First Lien Security Agreement and the First Lien Agent has notified the Issuer of such termination by delivering to the Issuer a Notice of Termination.

• The obligations of the Financial Institution to the First Lien Collateral Agent pursuant to this Agreement shall continue in effect until the security interest of the First Lien Collateral Agent in the Deposit Account has been terminated pursuant to the terms of the First Lien Security Agreement and the First Lien Collateral Agent has notified the Financial Institution of such termination in writing.

• The obligations of the Securities Intermediary to the First Lien Collateral Agent pursuant to this Agreement shall continue in effect until the security interest of the First Lien Collateral Agent in the Securities Account has been terminated pursuant to the terms of the First Lien Security Agreement and the First Lien Collateral Agent has notified the Securities Intermediary of such termination in writing.

• Inventory First Lien Security Agreement dated as of September 25, 2013, by and among Tesoro Hawaii, LLC and Wells Fargo Bank, N.A, as inventory collateral agent.

More Definitions of First Lien Security Agreement

First Lien Security Agreement means the Security Agreement executed by the parties thereto, in favor of the Existing Collateral Agent.

First Lien Security Agreement means the Security Agreement, dated as of January 6, 2017, among the Borrower, certain Subsidiaries of the Borrower and the First Lien Agent, as amended, restated, amended and restated, extended, renewed, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing of the First Lien Credit Agreement.

First Lien Security Agreement means each collateral document, mortgage, pledge or similar agreement or guaranty entered into to secure or Guarantee the First Lien Obligations, to be dated as of the Issue Date, among the Issuers and the Guarantors in favor of the First Lien Agent, as amended or supplemented from time to time in accordance with its terms.

First Lien Security Agreement means the Amended and Restated Pledge and Security Agreement, dated as of the date hereof, among the Company, certain Subsidiaries of the Company, and the First Lien Collateral Agent. After any refinancing, extension or replacement of any Indebtedness under the First Lien Notes pursuant to the terms of the Intercreditor Agreement, the term “First Lien Security Agreement” shall mean any replacement security agreement entered into in connection with such refinancing, extension or replacement.

First Lien Security Agreement means any replacement security agreement entered into in connection with such refinancing, extension or replacement.

First Lien Security Agreement means that certain security agreement dated as of August 5, 2011 among the Issuer as borrower under the Credit Agreement, the guarantors party thereto and the Administrative Agent.

First Lien Security Agreement shall have the meaning set forth in the recitals.