Parent Security Agreement definition

Parent Security Agreement means the Security Agreement, dated concurrently herewith, between the Parent and the Agent, for the benefit of the Agent and the Lenders, as such agreement may be amended, restated, or otherwise modified from time to time.

Parent Security Agreement means a security agreement in agreed form executed or to be executed by the Parent in favour of the Security Agent on or about the date of this Agreement, creating security over the shares in the Borrower and the Shareholder Loans. Party means a party to this Agreement.

Parent Security Agreement means the Security Agreement dated the date hereof and entered into by and between Parent and the Administrative Agent.

Examples of Parent Security Agreement in a sentence

• Borrower and all of the Obligated Parties are parties to either the Subsidiary Security Agreement or the Parent Security Agreement and the Guaranty.

• Measure the resistance of each high-voltage winding in each de-energized tap-changer position.

• The Purchasers shall have received the Parent Security Agreement, the Parent Patent and Trademark Security Agreement and the Pledge Agreement duly executed by the Company, and the Guaranty and the Subsidiary Security Agreement duly executed by each Subsidiary.

• The execution and delivery of this Amendment by the Parent Guarantor and the performance of the Parent Security Agreement as amended by this Amendment (the "Amended Agreement") by the Parent Guarantor are within the Parent Guarantor's corporate powers and have been duly authorized by all necessary corporate action on the part of the Parent Guarantor.

• Reference to and Effect on the Parent Security Agreement and the Other Loan Documents.

More Definitions of Parent Security Agreement

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

Parent Security Agreement the Parent Security Agreement to be executed and delivered by the Parent, substantially in the form of Exhibit C-1, as the same may be amended, supplemented or otherwise modified from time to time.

Parent Security Agreement means a General Security Agreement, in substantially the form of Exhibit D hereto, duly executed by Parent in favor of Lender to secure the Obligations, including any amendment or modification thereof.

Parent Security Agreement means the general security agreement granted by the Parent in respect of the Parent Guaranty on the Effective Date and in such form and substance as are agreed to by the Bank, as the same may from time to time be amended, restated, modified or otherwise supplemented.

Parent Security Agreement means that certain Parent Security Agreement, dated on the Closing Date, among Spirit and the Collateral Agent, as it may be amended and restated from time to time.

Parent Security Agreement has the meaning specified in the Recitals to this Agreement.

Parent Security Agreement means either of them, as the context requires.