Definition of Security Documents Sample Clauses

Definition of Security Documents. The definition ofSecurity Documents” in Article 1 of the Loan Agreement shall be amended to read as follows:
Definition of Security Documents. The definition of "Security -------------------------------- Documents" in the Credit Agreement is hereby amended and restated as follows:
Definition of Security Documents. The definition ofSecurity Documents” set forth in Section 1.01 of the Indenture is hereby amended and restated in its entirety as follows:
Definition of Security Documents. As used in this Agreement, "Security Documents" means and includes (i) the various documents referenced in Sections 7.1 and 7.2, above, (ii) any other security agreement which may now or hereafter be executed by Borrower or any other entity in favor of Agent, for the benefit of Banks, to secure performance of Borrower's obligations under this Agreement, and (iii) any modifications or amendments to any of the foregoing documents. Borrower intends that each Security Document (as the same may be modified or amended from time to time) shall grant to Agent, for the ratable benefit of Banks, a security interest in the items of collateral referenced in such Security Document.

Related to Definition of Security Documents

  • Perfection of Security Each Obligor shall have duly authorized, executed, acknowledged, delivered, filed, registered and recorded such security agreements, notices, financing statements, memoranda of intellectual property security interests and other instruments as the Agent may have reasonably requested in order to perfect the Liens purported or required pursuant to the Credit Documents to be created in the Credit Security and shall have paid all filing or recording fees or taxes required to be paid in connection therewith, including any recording, mortgage, documentary, transfer or intangible taxes.

  • Reaffirmation of Security Interests Each Loan Party (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment does not in any manner impair or otherwise adversely affect any of the Liens granted in or pursuant to the Loan Documents.

  • SUBORDINATION OF SECURITIES SECTION 1201.

  • Confirmation of Security Borrower hereby confirms and agrees that all of the Security Instruments, as may be amended in accordance herewith, which presently secure the Indebtedness shall continue to secure, in the same manner and to the same extent provided therein, the payment and performance of the Indebtedness as described in the Credit Agreement as modified by this Amendment.

  • Termination of Security Interest Upon the payment in full of all Obligations, the security interest granted herein shall terminate and all rights to the Collateral shall revert to Debtor. Upon such termination, Secured Party hereby authorizes Debtor to file any UCC termination statements necessary to effect such termination and Secured Party will execute and deliver to Debtor any additional documents or instruments as Debtor shall reasonably request to evidence such termination.