Intercompany Security Documents definition

Intercompany Security Documents means each security agreement, pledge agreement, mortgage, deed of trust or other security document reasonably requested by, and in form and substance reasonably satisfactory to, the Administrative Agent, in each case executed by a Non-Guarantor Restricted Subsidiary in favor of any Loan Party in accordance with the terms hereof, with such modifications thereto as are necessary to be in compliance with applicable state law (any such modifications to be reasonably acceptable to the Administrative Agent).

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Intercompany Security Documents means a security agreement substantially in the form of Exhibit H, together with all other agreements and documents necessary to perfect the Borrower’s security interest in the Eligible Loan Receivables.

Intercompany Security Documents means any security agreement, pledge, mortgage, deed of trust, or other security document executed by the Company in favor of the Holder, as amended or modified in accordance with the terms of the Credit Agreement.

Examples of Intercompany Security Documents in a sentence

Each Borrower shall use the proceeds of such loans in accordance with the terms of the Credit Agreement and the Intercompany Security Documents.
This Agreement has been, and each other Loan Document, the Intercompany Security Documents, the Intercompany Secured Loan Agreements and the Subordination Agreement when delivered hereunder, will have been, duly executed and delivered by each Loan Party that is party thereto.
Promptly upon request by the Administrative Agent or the Required Lenders, if an Event of Default occurs and is continuing and the Administrative Agent has exercised its rights and remedies pursuant to Section 8.02, (x) the Borrower will exercise its rights and remedies under the Intercompany Secured Loan Agreements and the Intercompany Security Documents and (y) the Subsidiary Guarantors will exercise their rights and remedies under the Subordination Agreement.
Create, incur, assume or suffer to exist any Lien upon (i) in the case of the Borrower, any of its assets and (ii) in the case of the Subsidiary Guarantors, any of the Eligible Loan Receivables or upon the Intercompany Secured Loans, other than Liens in favor of the Borrower pursuant to the Intercompany Security Documents.
Each Borrower has granted a first priority Lien on and pledges all of its rights, title and interest in its Eligible Loan Receivables, that, at any time of determination, are in the Borrowing Base to the Intercompany Lender as security for such loans granted under this Agreement and in connection with the Intercompany Security Documents.

More Definitions of Intercompany Security Documents

Intercompany Security Documents means all instruments, agreements, security agreements, pledge agreements, guaranties, mortgages, deeds of trust, and other written Contractual Obligations between a Subsidiary of the U.S. Borrower and a Borrower or other Subsidiary of the U.S. Borrower creating or purporting to create a Lien on such Subsidiary's Property for the benefit of such Borrower or other Subsidiary party.

Intercompany Security Documents means the collective reference to the guaranty agreements, security agreements, pledge agreements, mortgages and other security documents executed by Holdco and its Canadian Subsidiaries in favor of GGC in accordance with the Holdco Loan.

Intercompany Security Documents means all agreements, documents or instruments delivered from time to time by any Person in connection with the transactions contemplated by this Agreement and granting or creating an Intercompany Lien in any Asset to secure any Subsidiary Guaranty, the Intercompany Loans or the Operating Partnership Guaranties, including any and all amendments, modifications, supplements, extensions or renewals thereto or thereof.

Intercompany Security Documents means the Recapitalization Security ------------------------------ Agreements and the Recapitalization Notes.

Intercompany Security Documents means a security agreement substantially in the form of Exhibit G, together with all other agreements and documents necessary to perfect the Borrower’s security interest in the Eligible Assets (or, with respect to Eligible Assets consisting of Retained Securities, in the Equity Interests of the Subsidiary which owns such Retained Securities or, if such Subsidiary that owns Retained Securities is prohibited from having its Equity Interests pledged to the Borrower, of each direct and indirect parent company of such Subsidiary owned by such Qualified Subsidiary Guarantor, each of which shall be an Eligible Intermediate Holdco).

Intercompany Security Documents has the meaning specified in Section 5.12.

Intercompany Security Documents means each of the Intercompany Guarantees, the Intercompany Security Agreements, the Intercompany Mortgages and any other documents utilized to pledge to the secured parties contemplated thereby any other property as collateral to secure the obligations of the pledgor thereunder.