Existing Security Documents Sample Clauses
The 'Existing Security Documents' clause defines and references all security agreements, mortgages, pledges, or other instruments that have already been executed to secure obligations under a contract or loan. In practice, this clause lists or incorporates by reference the documents that establish the lender's or secured party's rights over specific assets, such as real estate, equipment, or receivables, which were put in place prior to the current agreement. Its core function is to ensure that all parties acknowledge and agree on the security interests that are already in effect, thereby preventing confusion or disputes about the priority and validity of existing collateral arrangements.
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Existing Security Documents. (i) Except to the extent heretofore released, each of the Subsidiary Guaranties, Security Agreements and Pledge Agreements executed and delivered pursuant to the Original Credit Agreement, as amended and restated prior to the Second Restatement Effective Date or required to be executed and delivered on the Second Restatement Effective Date by the terms of this Agreement shall be in full force and effect on the Second Restatement Effective Date, (ii) the security interests and Liens granted to the Collateral Agent pursuant to such Security Documents shall continue in full force and effect (except to the extent heretofore released) and shall inure to the benefit of the Secured Parties, (iii) no filings, recordings, registrations or other actions shall be necessary or desirable to maintain the perfection and priority of the security interests granted pursuant thereto in the Collateral covered thereby and (iv) each of the Credit Parties (other than the Borrower) shall have executed and delivered a Confirmation and Ratification Agreement in the form of Exhibit F;
Existing Security Documents. In connection with the Existing Agreement, Borrower executed in favor of Sumitomo (i) that certain Pledge Agreement dated September 6, 1996, (ii) that certain Security Agreement dated September 6, 1996, (iii) that certain Patent Collateral Assignment dated September 6, 1996, as supplemented by the Supplement to Patent Collateral Assignment dated December 3, 1996, (iv) UCC-1 Financing Statement dated August 30, 1996 and filed September 3, 1996 as file number ▇▇▇▇▇▇▇▇▇▇ in Sacramento, California, as amended by a form UCC-2 amendment dated September of 1996 and filed September 16, 1996 as file number 96263C0234 and by a form UCC-2 amendment dated December 3, 1996 and filed December 30, 1996 as file number 96366C0270 in Sacramento, California, and (v) UCC-1 Financing Statement dated August 30, 1996 and filed September 4, 1996 as file number 9609047846 in the office of the Virginia Secretary of State. Various wholly-owned subsidiaries of Borrower also executed security documents in favor of Sumitomo in connection with the Existing Agreement including (i) that certain Security Agreement executed by Titan Information Systems Corporation dated September 6, 1996, (ii) that certain Patent Collateral Assignment dated September 6, 1996 executed by Titan Information Systems Corporation, and (iii) UCC-1 Financing Statement dated August 30, 1996 executed by Titan Information Systems Corporation and filed September 3, 1996 as file number 9625060446 in Sacramento, California, as amended by UCC-2 Amendment dated September of 1996 and filed September 16, 1996 as file number 96263C0229 in Sacramento, California. All documents referenced in this Section 7.1 are collectively referred to herein as the "Existing Security Documents".
Existing Security Documents. The Administrative Agent shall be satisfied that the Security Documents executed in connection with the Existing Credit Agreement are sufficient for the purposes hereof or such Security Documents shall have been modified to the reasonable satisfaction of the Administrative Agent.
Existing Security Documents. The Obligations hereunder are, and continue to be, secured by the security interest granted by the Borrower in favor of the Administrative Agent and the Lenders under the Existing Security Documents, as amended and restated by the Security Agreement.
Existing Security Documents. Collectively, the Surety and Guaranty Agreement, the Guarantor Security Agreement, the Subsidiary Collateral Pledge Agreement, the Securities Account Pledge Agreement, the Sponsored CDO Pledge Agreement, the Collateral Pledge Agreement and the Trademark Security Agreements, each executed by Borrower, Parent or Subsidiary Guarantors (as applicable), and any other agreements, instruments and documents executed and/or delivered from time to time pursuant to the Existing Loan Agreement (including the Existing Notice Letters) or in connection therewith related to any guaranty or suretyship obligation or the granting of any security interest or pledge of any Property to secure the repayment of Indebtedness under the Existing Loan Agreement.
Existing Security Documents. The Borrower hereby acknowledges that the securities and guarantees (if any) referred to in Section 7 of Schedule A hereto, all the Letter(s) of Offer and any other Loan Agreement are existing in favour of the Bank for better securing the repayment and satisfaction of the Indebtedness by the Borrower to the Bank and the Borrower’s due performance and compliance with all the Borrower’s other obligations under or relating to the Facility and that such existing securities and guarantees shall not be prejudiced, impaired, diminished or otherwise affected by this Loan Agreement or the agreements, deeds, letters, guarantees, documents and instruments specified in Section 6 of Schedule A hereto, all Letter(s) of Offer and any other Loan Agreement but shall continue to be valid, binding and enforceable.
Existing Security Documents. “Existing Security Documents” as used herein shall mean, collectively, that certain Security Agreement, dated as of December 30, 2005, made by each Pledgor signatory thereto and each additional Pledgor joined thereto in favor of the US Collateral Agent for the benefit of the Secured Parties (the “US Security Agreement”), together with any and all other Security Documents (as defined in the Existing Credit Agreement) to which any Pledgor is a party (other than the Perfection Certificate and Perfection Certificate Supplements delivered prior to the date hereof), in each case, together with all amendments, supplements and other modifications thereto.
Existing Security Documents. The Lender and the Borrower confirm that the security documents listed in Schedule 1 (Existing Security Documents) have been concluded or issued in connection with the Facility Agreement and that there are no other Security Documents (other than the Security Amendment Documents).
Existing Security Documents. 52 SECTION 5.1.26. Direction Letters...................................... 52 SECTION 5.2. All Credit Extensions........................................... 52
Existing Security Documents. 65 SECTION 5.1.26. Direction Letters .............................................................. 65 SECTION 5.1.27.