U.S. Security Agreement definition
Examples of U.S. Security Agreement in a sentence
Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement (as amended hereby) or if not defined therein, then in the U.S. Security Agreement.
Each Loan Party hereby restates, ratifies and reaffirms each and every term and condition set forth in the Credit Agreement and U.S. Security Agreement (to the extent such Loan Party is a party thereto), as amended hereby, and the Loan Documents effective as of the date hereof.
Each Notes Collateral Agent (i) acknowledges and consents to the grant to the ABL Agent by the Credit Parties of the license referred to in Section 5.03 of the U.S. Security Agreement (as defined in the ABL Credit Agreement) or such comparable provision in any of the other Security Agreements (as defined in the ABL Credit Agreement) and (ii) agrees that its Liens in the Notes Priority Collateral shall be subject in all respects to such license.