Security Agreement. A Security Agreement, dated as of the Closing Date, executed by Borrower and the other Obligated Parties;
Security Agreement. At the Closing, and each of the Subscribers will execute the Security Agreement in the form annexed hereto as [Appendix C] (the “Security Agreement”).
Security Agreement. On the Effective Date, each Credit Party shall have duly authorized, executed and delivered the Security Agreement in the form of [Exhibit E] (as amended, modified or supplemented from time to time, the “Security Agreement”) covering all of such Credit Party’s Security Agreement Collateral, together with:
Security Agreement. This Deed of Trust is both a real property deed of trust and a “security agreement” within the meaning of the UCC. The Property includes both real and personal property and all other rights and interest, whether tangible or intangible in nature, of Trustor in the Property. TRUSTOR HEREBY GRANTS TO BENEFICIARY, AS SECURITY FOR THE SECURED OBLIGATIONS, A SECURITY INTEREST IN THE PROPERTY TO THE FULL EXTENT THAT THE PROPERTY MAY BE SUBJECT TO THE UCC OR THE UNIFORM COMMERCIAL CODE OF ANY OTHER STATE OR STATES WHERE TRUSTOR IS LOCATED (said portion of the Property so subject to the UCC being called in this paragraph the “Collateral”). If an Event of Default shall occur and be continuing beyond any applicable grace or cure periods, Beneficiary, in addition to any other rights and remedies which it may have, shall have and may exercise immediately and without demand, any and all rights and remedies granted to a Beneficiary upon default under the UCC, including, without limiting the generality of the foregoing, the right to take possession of the Collateral or any part thereof, and to take such other measures as Beneficiary may deem reasonably necessary or advisable for the care, protection and preservation of the Collateral. Trustor shall pay to Beneficiary on demand any and all expenses, including reasonable attorneys’ fees and expenses, incurred or paid by Beneficiary in protecting its interest in the Collateral and in enforcing its rights hereunder with respect to the Collateral.
SECURITY AGREEMENT. LESSEE hereby grants LESSOR a continuing security interest in all existing and hereafter acquired property of LESSEE kept in any of LESSORs buildings (excluding LESSEEs intellectual property, patents and accounts receivable) to secure the performance of all LESSEEs obligations under this lease or any subsequent lease between the parties. all necessary amendments in connection with this security interest. This security agreement subsequent lease between the parties, and shall not negate or replace any continuing security interest of LESSOR under any prior lease between the parties. Default in the payment or performance of any of LESSEEs obligations under this lease or any subsequent lease shall be a default under this security agreement and shall entitle LESSOR to immediately exercise all of the rights and remedies of a secured party under the Uniform Commercial Code as adopted in Massachusetts. In the event of default, LESSEE shall assist and facilitate LESSORs exercise of its rights under this section.
Waiver and Subordination of Security Lien. Landlord hereby subordinates any all lien rights it may now have or hereafter acquire, by Law or otherwise, in Tenants existing or hereafter acquired personal property, inventory, furniture, furnishings, fixtures, equipment, licenses, permits and all other tangible and intangible property, assets and accounts, and all additions, modifications, products and proceeds thereof to any lien or security interest granted by Tenant in or to any or of its personal property or equipment as security for indebtedness of any kind or nature, and # Landlord shall under no circumstances ever have and hereby waives any lien or security interest in any personal property belonging to Tenants employees or other Agents, or in the work product, documents, plans, medical records, or other printed materials belonging to Tenant or in Tenants possession or control. Within seven (7) business days after request from time to time, Landlord shall execute, acknowledge and deliver to Landlord such agreements, documents and interests as Tenant may require to confirm such subordination and waiver, and to permit Tenants lenders to access the Premises for purposes of removal of any such items in which Tenant may grant a lien, security interest or other right to re-possess the same. Nothing contained herein shall be deemed to be a grant to Landlord by Tenant of a security interest in and to any property of Tenant (or any Tenants Agent) of any kind or nature.
First Lien Forbearance Agreement Amendment. The , Issuer and the other Credit Parties shall have executed and delivered an amendment to that certain Forbearance Agreement to First Lien Indenture, dated as of and amended as of , and , pursuant to which the shall have agreed to extend the Forbearance Period to up to and including on the terms and conditions set forth therein.
Lien Priority. fails to have an enforceable first lien (except for any prior liens to which has consented in writing) on or security interest in the Collateral.
Lien Search. The Administrative Agent shall have received the results of a Lien search (including a search as to judgments, pending litigation, bankruptcy, tax and intellectual property matters), in form and substance reasonably satisfactory thereto, made against the Credit Parties under the Uniform Commercial Code (or applicable judicial docket) as in effect in each jurisdiction in which filings or recordations under the Uniform Commercial Code should be made to evidence or perfect security interests in all assets of such Credit Party, indicating among other things that the assets of each such Credit Party are free and clear of any Lien after giving effect to the payments pursuant to [Section 6.1(f)(ii)] (except for Permitted Liens).
Lien Searches. The Lender shall have received the results of a recent lien search in the jurisdiction of organization of the Borrower and each jurisdiction where assets of the Borrower are located, and such search shall reveal no Liens on any of the assets of the Borrower except for liens permitted by [Section 6.02].
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