Initial Security Agreement definition

Initial Security Agreement means the “Security Agreement” as defined in the Credit Agreement.
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Initial Security Agreement means a Security Agreement among the Borrower, the Guarantors and the Administrative Agent in substantially the form of Exhibit E-3 (or otherwise in form and substance reasonably acceptable to the Administrative Agent) granting Liens and a security interest on the Borrower’s and Guarantors’ personal property constituting Collateral (as defined therein, but excluding Equity Interests in Restricted Subsidiaries) in favor of the Administrative Agent for the benefit of the Secured Parties to secure the Indebtedness.
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Initial Security Agreement means the Security Agreement of even date -------------------------- herewith, made by the Purchaser in favor of Bankers Trust Company, as the Supplemental Enhancement Collateral Agent for the benefit of itself and the Supplemental Enhancement Providers.
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Examples of Initial Security Agreement in a sentence

  • All capitalized terms used in this Section 8.18 but not otherwise defined in this Agreement shall have the meanings given such terms in the Initial Security Agreement.

  • The Administrative Agent and the Lender Parties acknowledge that simultaneously with the execution and delivery of this Amendment No. 3, each of the Borrowers and each Domestic Subsidiary has executed and delivered to the Administrative Agent appropriate amendments to the Initial Security Agreement and the Intellectual Property Security Agreement.

  • Such grant shall be effectuated by the Borrower and each Guarantor executing and delivering the Amended and Restated Security Agreement prior to such time, which Amended and Restated Security Agreement shall amend and restate the Initial Security Agreement in its entirety.

  • The Borrowers and the Secured Party desire to amend and restate the Initial Security Agreement to grant a security interest in and to the Collateral (as defined in this Agreement) on the terms and conditions set forth in this Agreement.

  • Pursuant to the Initial Purchase Agreement and the Initial Note, the Borrowers agreed to grant a security interest in and to the Collateral (as defined in the Initial Security Agreement) on the terms and conditions set forth in a Security Agreement, dated January 30, 2015 (the “Initial Security Agreement”).

  • In the event of the satisfaction of the Initial Security Agreement, this Agreement shall assume the senior position of the Initial Security Agreement.

  • The Borrower shall, and shall cause the Guarantors to, deliver Deposit Account Control Agreements with respect to their respective Deposit Accounts (other than De Minimis Accounts) in accordance with the terms of and at such times as specified in Section 4.11 of the Initial Security Agreement (as such Section may be amended from time to time including pursuant to the Amended and Restated Security Agreement).

  • The Initial Lenders hereby agree that this Agreement (i) replaces and supersedes Initial Security Agreement and all representations and warranties previously made by the Company to the Initial Lenders regarding the Initial Security Agreement and the security granted thereunder, and (ii) that the Initial Security Agreement is hereby terminated.

  • InSight Health, as a borrower, the other Borrowers, and Bank of America, N.A., as Administrative Agent and as sole Lender, entered into that certain Amended and Restated Loan and Security Agreement dated as of September 22, 2005 (as at any time amended, modified, supplemented or restated prior to the date hereof, the “Existing Credit Agreement”), which amended and restated the Initial Credit Agreement and superseded the Initial Security Agreement.

  • The Borrower entered into a Credit Agreement dated as of April 5, 2000 (the "Initial Credit Agreement"), with the Lender Parties and the Agents named therein, pursuant to which the Grantors executed and delivered to the Collateral Agent for the Secured Parties a Security Agreement, dated April 5, 2000 (the "Initial Security Agreement").


More Definitions of Initial Security Agreement

Initial Security Agreement has the meaning specified in Section 3.1(a)(ii).
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