Examples of Original Security Agreements in a sentence
The Secured Parties and Tenant acknowledge and agree that this Agreement amends and restates the Original Security Agreements in their entirety with respect to the Collateral and that this Agreement shall govern the rights and obligations of the Secured Parties and Tenant with respect to the Collateral from and after the date of this Agreement.
Upon consummation of the transactions as contemplated hereby, and subject to the Company’s receipt of consents from the secured parties under the Original Security Agreements (the “Original Secured Parties”), the Purchasers will, together with the Original Secured Parties, have a first priority security interest in the Collateral.
Notwithstanding the foregoing, the Original Security Agreements shall continue to govern the rights and obligations of the Secured Parties and Tenant with respect to the Collateral prior to the date of this Agreement; provided, however, that the parties acknowledge and agree that the Original Security Agreements are hereby terminated with respect to any collateral relating to the properties listed on Schedule 3 attached hereto and made a part hereof.
Notwithstanding the foregoing, the Original Security Agreements shall continue to govern the rights and obligations of the Secured Parties and Tenant with respect to the Collateral prior to the date of this Agreement.
Each Grantor acknowledges and agrees with the Agents that the Original Security Agreements are amended and restated collectively and in their entirety pursuant to the terms hereof; provided, that this Agreement is in no way intended to constitute a novation of any obligations owed by the Grantors to the Agents or the other Secured Parties under the Original Security Agreements, all of which are hereby reaffirmed, ratified and confirmed.
The Notes are secured by, among other things, those certain Security Agreements dated as of September 27, 2001 and March 11, 2003, respectively (the "Original Security Agreements").
RTC-Arizona, RTC-New Mexico and Rush Retail shall execute Security Agreements substantially similar to the Original Security Agreements.
The Secured Party hereby consents to the Grantor's filing of amendments to and/or terminations of Uniform Commercial Code financing statements as may be required in connection with the replacement of the Original Security Agreements by this Agreement.
AGREEMENTS dated November 9, 1994, executed by the Original Debtors (the "Original Security Agreements").
Pursuant to the Loan Agreement each of Parent, Management, Outcomes, Hhg Colorado, Inc., a Colorado corporation ("Colorado"), and Partners executed: (a) a separate Guaranty Agreement dated as of December 20, 1995 (the "Original Guaranty Agreements") and (b) a separate Security Agreement dated as of December 20, 1995 (the "Original Security Agreements").