Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of the Secured Parties, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with Section 8.2 of the Credit Agreement.
Appears in 8 contracts
Samples: Pledge Agreement (Maximus Inc), Pledge Agreement (Heico Corp), Pledge Agreement (Strayer Education Inc)
Benefit of Secured Parties. All Liens granted to the Agent or contemplated hereby shall be for the benefit of the Secured Parties, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Grantor Obligations in accordance with Section 8.2 the terms of the Credit Agreement.
Appears in 2 contracts
Samples: Security Agreement (Johnstone Tank Trucking Ltd.), Security Agreement (Johnstone Tank Trucking Ltd.)
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of Agent individually and the other Secured Parties, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with Section 8.2 the terms of the Credit Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Landec Corp \Ca\)
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of Collateral Agent and the other Secured PartiesParties as applicable, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied pursuant to the Secured Obligations in accordance with Section 8.2 of the Credit Agreement11.
Appears in 1 contract
Samples: Security and Intercreditor Agreement (Trenwick America LLC)
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of the Collateral Trustee and the Secured Parties, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Securities Obligations in accordance with Section 8.2 the terms of the Credit AgreementIntercreditor Agreement and the Indenture.
Appears in 1 contract
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of the Secured Parties, Parties and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with Section 8.2 of the Credit Agreementterms hereof.
Appears in 1 contract
Samples: Pledge Agreement (Dixie Group Inc)
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of the Secured Parties, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with Section 8.2 the terms of the Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Gentek Inc)
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of the Secured Parties, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with Section 8.2 of the Amended and Restated Credit Agreement.
Appears in 1 contract
Samples: Borrower Pledge Agreement (United Industrial Corp /De/)
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of Agent, Lenders and the other Secured Parties, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with Section 8.2 the terms of the Credit Term Loan Agreement.. [Signatures commence on following page]
Appears in 1 contract
Samples: Amended and Restated Security Agreement (Salton Inc)
Benefit of Secured Parties. All Liens granted or contemplated hereby shall be for the benefit of Agent, Lenders and the other Secured Parties, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with Section 8.2 the terms of the Credit Agreement.
Appears in 1 contract
Samples: Second Amended and Restated Security Agreement (Salton Inc)
