General Security Agreement definition

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.
General Security Agreement means that certain Security Agreement (Personal Property), substantially in the form of Exhibit F, dated as of the date hereof, between Borrowers (or, as the case may be, each Guarantor), as Debtor, and Lender, as Secured Party, securing the Obligations of Borrowers (or, as the case may be, the obligations of each Guarantor), as the same may from time to time be amended, modified or supplemented.
General Security Agreement means that certain General Security Agreement (Tangible and Intangible Personal Property) dated of even date herewith, made by Borrower in favor of Bank.

Examples of General Security Agreement in a sentence

  • A General Security Agreement with a floating charge on land registered in Alberta is held as collateral by the bank.

  • The credit facility is secured by a General Security Agreement constituting a first ranking security interest in all personal property of the Company, with a conventional rate of interest.

  • Figure 2 illustrates how the different steps are executed in chronological order.

  • Funds are to be available to the Company under the Line of Credit pursuant to an availability formula based on eligible receivables and inventory and is secured by a General Security Agreement over the assets of the Company.

  • This facility is covered by a General Security Agreement and standard operating covenants.


More Definitions of General Security Agreement

General Security Agreement means the General Security Agreement dated as of the Closing Date among the Canadian Borrower and its Subsidiaries and the Canadian Agent for the benefit of the Secured Parties thereunder, as amended and in effect from time to time.
General Security Agreement means the amended and restated general security agreement dated November 16, 2009 entered into by Borrower in favor of Agent, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced.
General Security Agreement means the general security agreement entered into between the Company and the Agent;
General Security Agreement means that certain General Security Agreement, dated as of the date hereof among Holdings and the Administrative Agent, for the benefit of the Administrative Agent and the Secured Parties, as the same may be amended, restated, supplemented or otherwise modified from time to time.
General Security Agreement means the general security agreement dated the date hereof entered into by the Company in favor of the Collateral Agent, on behalf of the Trustee and the Holders of the Debenture, providing for, inter alia, a security interest in the present and after acquired personal property of the Company and its Significant Subsidiaries, and any proceeds thereof and any part thereof, as may be amended from time to time.
General Security Agreement means the amended and restated general security agreement between Food Services and the Partnership, dated December 22, 2010, as amended from time to time.
General Security Agreement means the General Security Agreement entered into between the Subscriber and the Company which secures the obligations of the Company under this Note in favor of the holders of the notes issued pursuant to the Offering;