Definition of TBO Security Agreement

  1. TBO Security Agreement means the Security Agreement dated the date hereof given by TBO to the Department which constitutes not less than a shared second lien upon the TBO Collateral with PIDC, subject to the Intercreditor Agreement.

Definition of TBO Security Agreement in Loan Agreement

TBO Security Agreement means the Security Agreement dated the date hereof given by TBO to the Department which constitutes not less than a shared second lien upon the TBO Collateral with PIDC, subject to the Intercreditor Agreement.