Subsidiary Security Documents definition
Examples of Subsidiary Security Documents in a sentence
In the event any Subsidiary executes a Subsidiary Note and/or any Subsidiary Security Documents as contemplated under this Section 2.4, the parties shall, contemporaneously therewith, execute, deliver, and, if appropriate, record, such amendments to the Loan Documents as may reasonably be necessary or appropriate to properly document any resulting changes in the Maximum Corporate Loan Amount and/or the Maximum Partnership Loan Amount.
All Security Documents or Subsidiary Security Documents (or financing statements with respect thereto) shall have been appropriately filed or recorded to the satisfaction of the Agent; any pledged collateral shall have been duly delivered to the Agent; and the priority and perfection of the Liens created by the Security Documents or Subsidiary Security Documents shall have been established to the satisfaction of the Agent and its counsel.
In the event any Subsidiary executes a Subsidiary Note and/or any Subsidiary Security Documents as contemplated under this Section 2.4, the parties shall, contemporaneously therewith, execute, ----------- deliver, and, if appropriate, record, such amendments to the Loan Documents as may reasonably be necessary or appropriate to properly document any resulting changes in the Maximum Corporate Loan Amount and/or the Maximum Partnership Loan Amount.
This Note and all obligations of Borrower under it are secured by the Borrower Security Documents, the Subsidiary Security Documents, and any Collateral Documents in the future that are given to Lender.
That certain Collateral Assignment, dated on or prior to the Closing Date, from the Borrower to the Agent, collaterally assigning to the Agent all of the Borrower's rights, title and interest in the Foreign Subsidiary Note and Foreign Subsidiary Security Documents, and in form and substance satisfactory to the Agent and the Banks.