Prior Security Agreement definition

Prior Security Agreement means a security agreement entered into before the coming into force of this section and includes any security agreement that is amended, renewed or extended by an agreement that is entered into on or after the coming into force of this section;

Prior Security Agreement means that certain Security Agreement, effective as of September 21, 2009, by and between the Payor and the Lacey RRSP Account. Words of one gender include the other gender; the singular includes the plural; and the plural includes the singular, unless the context otherwise requires.

Prior Security Agreement shall have the meaning set forth in the recitals.

Examples of Prior Security Agreement in a sentence

• The Company (and each Subsidiary) owns its property and assets free and clear of all mortgages, liens, loans, pledges, security interests, claims, equitable interests, charges, and encumbrances, except such encumbrances and liens which arise in the ordinary course of business and do not materially impair the Company’s (and each Subsidiary’s) ownership or use of such property or assets and/or any such liens, encumbrances and security interests which arose in connection with the Prior Security Agreement.

• This Agreement amends, restates and replaces in its entirety the security agreement included in the Prior Credit Agreement (the “Prior Security Agreement”), and nothing contained herein shall be deemed to alter or impair the liens and security interest established by the Prior Security Agreement, which liens and security interest remain in full force and effect with all priorities unchanged.

• Except for the security interest created by this Agreement or the Prior Security Agreement, Grantor owns the Collateral as legal and beneficial owner free and clear of any Lien.

• Pursuant to the Novation Agreement, dated as of July 16, 2008 (the “Borrower Novation Agreement”), ALF LP transferred to WOLT, by novation (such transfer, the “Borrower Novation”), all of ALF LP’s rights and obligations, as the “Borrower” and otherwise, under and in connection with the Prior Warehouse Facilities, including all of ALF LP’s rights and obligations under the Prior Collateral Agency Agreement and the Prior Security Agreement.

• In cross-examination, the Respondent accepted that he had obligations under the lease which included “maintaining the property in a good state of repair, wind and watertight with plumbing operational…carry out any extraordinary repairs within a reasonable period of time.” He accepted the findings of the PRHP in the main.

More Definitions of Prior Security Agreement

Prior Security Agreement means (i) that certain Security Agreement, effective as of September 21, 2009, by and between the Payor and the Lacey RRSP Account; (ii) that certain Security Agreement, effective as of January 6, 2010, by and between the Payor and Michael Moretti; (iii) that certain Security Agreement, effective as of January 28, 2010, by and between the Payor and Lacey, as amended, and (iv) that certain Security Agreement, effective as of February 12, 2010, by and between Payor and John Gorman, Words of one gender include the other gender; the singular includes the plural; and the plural includes the singular, unless the context otherwise requires.

Prior Security Agreement means the Security Agreement dated as of December 16, 2015 entered into in connection with the issuance by BTCS on the date thereof of the Senior Notes.

Prior Security Agreement means the Amended and Restated Security Agreement, dated April 15, 1996, executed by the Borrower in favor of the Collateral Agent, as amended from time to time. "Prohibited Transaction" shall mean a "prohibited transaction" as set forth in Section 406 of ERISA or Section 4975 of the Code. "Property" shall mean all type of real, personal or mixed property and all types of tangible or intangible property. "Provision for Doubtful Notes" as of the date of determination shall mean the amount as of such date, which in accordance with the generally accepted accounting principles used in the preparation of the audited financial statements referred to in Section 4.05 hereof, would properly be included in the provision for doubtful notes in the income statement of the Borrower. "Records" shall mean all Customer Loan Documents and other documents, books, credit files, records and other information (including crop limitation, computer programs, tapes, disks, punch cards, data processing software and related property and rights) maintained with respect to Customer Loans and their related Customers. "Regulations A, D, G, U and X" shall mean Regulations A, D, G, U and X of the Board of Governors of the Federal Reserve System as amended or supplemented from time to time. "Regulatory Change" shall have the meaning attributed to it in Section 2.15. "Remarketing Ratio" shall have the meaning attributed to it in the Asset Securitization Credit Agreement. "Reportable Event" shall mean a "reportable event" as set forth in Section 4043 of ERISA. "Security Agreement" shall mean the Security Agreement in the form of Exhibit D attached hereto by and between the Borrower and the Collateral Agent which shall amend and restate the Prior Security Agreement. "Seller Note" shall mean the promissory note of Ag Acceptance executed in favor of the Borrower evidencing the revolving loan and advances made by the Borrower to Asset Securitization Purchase and Contribution Agreement, as the same may be amended, supplemented or otherwise modified from time to time with and subject to the prior approval and consent of the Administrative Agent and the Majority Banks, together with all substitutions therefor and replacements thereof. "Servicer's Daily Report" shall mean the report substantially in the form of Exhibit E to the Asset Securitization Credit Agreement furnished to Triple-A by the Borrower pursuant to Section 6.01 of the Asset Securitization Credit Agreement. "Subordinated Indebtedness" ...

Prior Security Agreement is defined in the recitals.

Prior Security Agreement means the Security Agreement, dated March 18, 2013, between the Grantor and Holder.

Prior Security Agreement means a security agreement entered into before section 7 comes into force; and

Prior Security Agreement means the Security Agreement, dated as of June 30, 2016, by and between the Company, SG Building Blocks, Inc., and Hillair Capital Investments L.P., pursuant to which the Company granted security interests in certain property to Hillair Capital Investments L.P. as further described therein.