Subsidiary Security Agreement Sample Clauses

Subsidiary Security Agreement. Each Subsidiary of the Borrower (other than any such Subsidiary which is an Immaterial Subsidiary) shall have duly executed and delivered to the Agent the Subsidiary Security Agreement.
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Subsidiary Security Agreement. The Subsidiary Security Agreement executed by each Guarantor, as applicable;
Subsidiary Security Agreement. The Administrative Agent shall have received a Security Agreement, executed and delivered by a duly authorized officer of each of the Domestic Subsidiaries of the Company.
Subsidiary Security Agreement. The Subsidiary Security Agreement between ----------------------------- the License Subsidiary and the Administrative Agent, substantially in the form of Exhibit M, as amended from time to time in compliance with the Loan Documents, which agreement shall secure the Subsidiary Guaranty of the Obligations of the Borrower with respect to the Tranche B Loans only.
Subsidiary Security Agreement. Executed originals of the Subsidiary Security Agreement.
Subsidiary Security Agreement. The Amended and Restated Security Agreement, dated as of the date hereof, as the same may be amended from time to time hereafter, among each of the Subsidiaries of the Borrower, on the one hand, and the Managing Agent, on the other hand, in form and substance satisfactory to the Banks and the Managing Agent. Super Majority Banks. As of any date, the Banks which hold collectively at least seventy percent (70%) of the Aggregate Facilities Commitment.
Subsidiary Security Agreement. The Borrower shall with reasonable promptness (i) cause each of its Subsidiaries and any Person that becomes a Subsidiary after the Closing Date with the prior written consent of the Required Lenders to become party to the Security Agreement and execute any other documents reasonably requested by the Agent in order to perfect its lien on the Collateral of such Person and (ii) pledge its right, title and interest in the Equity Interests of such Subsidiary to the Agent as provided in the Security Agreement.
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Subsidiary Security Agreement. In order to secure the payment when due of the Borrower's Obligations as guaranteed under each of the respective Subsidiary Guaranties, the Borrower shall cause each Subsidiary to convey to Agent for the benefit of each of the Lenders a security interest in, among other things, all of the Property of each such Subsidiary similar to that described on Schedule 5 attached hereto and incorporated herein by reference, which security interest shall be a first and prior interest in all such items except for those Uniform Commercial Code security interests consented to by Agent and the Required Lenders. Said security interest shall be evidenced by a Subsidiary Security Agreement dated the date hereof and executed, respectively, by each such Subsidiary in favor of Agent for the benefit of each of the Lenders in form and substance acceptable to Agent (as the same may from time to time be amended, the "Subsidiary Security Agreements"). The Borrower further covenants and agrees to cause each of its Subsidiaries to execute and deliver to Agent for the benefit of each of the Lenders any and all financing statements, continuation statements and such other documentation as may be requested by Agent from time to time in order to create, perfect and continue said security interests. Upon demand, the Borrower shall pay all legal and filing fees and expenses incurred by Agent in the preparation of the foregoing documents and perfection of the security interests contemplated thereby. Lenders shall have no obligation to make any Loan hereunder or convert the interest rate on any Loan hereunder unless and until the Borrower and each of its Subsidiaries have fully satisfied these requirements.
Subsidiary Security Agreement. The Subsidiary Security Agreement, duly executed and completed by each applicable Subsidiary of Borrower, dated as of the date of this Agreement, together with all promissory notes owned by such Subsidiaries not previously endorsed to the Agent, duly endorsed to the Agent.
Subsidiary Security Agreement. TLXITX Corporation, Teletransaction, Inc., PTC Airco, Inc., Meta Holding Corporation, PenRight! Corporation, The Retail Technology Group, Inc., Telxon Trading Co., Inc., Telxon Products, Inc., and Telxon International Procurement Services, Inc. shall have executed and delivered to the Agent a Subsidiary Security Agreement, in form and substance satisfactory to the Agent (as the same may be amended,
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