Security for Loans. The Loans shall be unsecured.
Security for Loans. As security for the payment and performance of its obligations hereunder, the Borrower hereby grants to the Agent as collateral agent for the Lenders a security interest in all of the Borrower's right, title and interest in and to the collateral described in the Security Agreement and Intellectual Property Security Agreement executed by the Borrower in favor of the Agent as collateral agent for the Lenders.
Security for Loans. The Company shall, no later than 90 days following the request by the Majority Lenders, file in each governmental office or agency in each appropriate jurisdiction as owner of record of each of the Foreign Trademarks identified on Annex 4 to the Security Agreement.
Security for Loans. 65 8.21 Redemption of Senior Subordinated Indebtedness..................................65
Security for Loans. As security for the payment and performance of its obligations hereunder, the Borrower hereby grants to the Lender a security interest in all of the Borrower's right, title and interest in and to the collateral described in the security agreement executed by the Borrower in favor of the Lender.
Security for Loans. A participant must secure each loan with an irrevocable pledge and assignment of 50% of the nonforfeitable amount of the borrowing participant's accrued benefit under the Plan.
Security for Loans. The Company shall, no later than 90 days following the request by the Majority Lenders, file in each governmental office or agency in each appropriate jurisdiction as owner of record of each of the Foreign Trademarks identified on Annex 4 to the Security Agreement. CREDIT AGREEMENT
Security for Loans. The Company will maintain in an account maintained by Company at KeyBank National Association or one of its subsidiaries the sum of Two Million Dollars ($2,000,000.00) as collateral for the Revolving Line of Credit; advances under Revolving Line of Credit will be based on KeyBank Credit Policy advance rates which are currently: TYPE MAXIMUM PERCENT ADVANCE ON MARKET VALUE Traded Common or Preferred Stock 65% Traded Corporate Bond 80% U.S. Treasury Bond 85% U.S. Agency Bond 70% Mutual Fund 60% Cash Value Life Insurance 90% Key Corp. Bank Time Deposit 100%
Security for Loans. No Shareholder may pledge, mortgage, charge or otherwise encumber its Ownership Interest without the written agreement of the other Shareholder(s).
Security for Loans. So long as any Loan is outstanding and so long as Lender has any commitment to make any Advance hereunder, Borrower shall:
