“Collateral” has the meaning assigned to such term in the Guarantee and Security Agreement.
“Full Security Period” shall have the meaning specified in the Guarantee and Collateral Agreement.
“IP Security Agreements” shall have the meaning specified in the Guarantee and Collateral Agreement.
“Secured Obligations” has the meaning assigned to such term in the Guarantee and Security Agreement.
“Subsidiary Guarantor” means any Subsidiary that is a Guarantor under the Guarantee and Security Agreement.
“Designated Indebtedness” has the meaning assigned to such term in the Guarantee and Security Agreement.
Security means # a guarantee or letter of credit issued by a bank; # an on-demand bond issued by a surety corporation; # a corporate guarantee; # any financial security required by the PSC or this Agreement; and # any financial security agreed from time to time by the Parties; provided, however, that the bank, surety or corporation issuing the guarantee, letter of credit, bond or other security (as applicable) has a credit rating indicating it has a sufficient worth to pay its obligations in all reasonably foreseeable circumstances.
The equity pledge is independent of rather than in lieu of any other guarantee, warranty or arrangement that is current between the Pledgee and the Pledgor or established at any time, and shall not influence or be influenced by the latter.
So long as the guarantee obligation and all the obligations and debts under this Agreement are reasonably practical after the performance and fulfillment thereof, the Pledgee shall take all necessary measures to release and realize the Pledged Equity, including but not limited to returning the shareholder qualification certificate for the Pledged Equity and writing off the equity pledge registration with the industrial and commercial bureau.
cause each such Subsidiary that is required to become a Guarantor pursuant to the Collateral and Guarantee Requirement to duly execute and deliver to the Administrative Agent or the Collateral Agent (as appropriate) joinders to this Agreement as Guarantors, Security Agreement Supplements, Intellectual Property Security Agreements, Mortgages, a counterpart of the Intercompany Note and other security agreements and documents (including, with respect to such Mortgages, the documents listed in [Section 6.13]), as reasonably requested by and in form and substance reasonably satisfactory to the Administrative Agent and the Required Lenders (consistent with the Mortgages, Security Agreement, Intellectual Property Security Agreements and other security agreements in effect on the Closing Date), in each case granting Liens required by the Collateral and Guarantee Requirement;
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