Guarantor Collateral Sample Clauses

Guarantor Collateral. 3.1 The Guarantor, at its own expense, will execute or cause to be executed all such documents, and will do or cause to be done all such things, which are reasonably requested by MLI (1) to enable MLI to enjoy, exercise or enforce its rights as a secured party under this Guarantee and (2) to evidence, and to establish and maintain the perfection and first priority of, MLI's security interest in the Guarantor Pledged Securities and the Guarantor Collateral Account (and the monies for the time being standing to the credit thereof and the debt represented thereby) and the perfection of MLI's security interest in the other property hereby pledged or charged. Without limiting the generality of the foregoing, the Guarantor, at its own expense, will execute and give or file, or both, all notices and documents (including, but not limited to, notice of the security created by or pursuant to this Guarantee) in such manner, to such persons and at such places as may be reasonably requested by MLI to establish and maintain the perfection and, as appropriate, first priority of MLI's said security interest. The Guarantor irrevocably and by way of security authorises MLI, if the Guarantor does not do so, to take any step contemplated by this Clause 3.1 (but MLI shall have no obligation to do so). 3.2 Except as otherwise agreed by the Guarantor and MLI, MLI shall at all times while any Guarantor Collateral remains credited to the Guarantor Collateral Account use reasonable care in connection therewith but shall not thereby be responsible for the value of the Guarantor Collateral or the other property hereby pledged or charged or, except to the extent otherwise specifically agreed, for the collection or payment of any dividends, distributions, interest or other receipts in respect of Guarantor Pledged Securities or other property hereby pledged or charged nor to ensure the taking up of any securities, rights, monies or other property distributed, paid, accruing or offered at any time on, to, in respect of or in substitution for any of the Guarantor Collateral or other property hereby pledged or charged. 3.3 [Intentionally omitted.] 3.4 Until such time as an Event of Default as set out in Clause 10 of the Facility Agreement (each an "Event of Default") occurs, and without prejudice to any other requirements of MLI, the Guarantor may at any time request MLI to release and reconvey to the Guarantor (or as it may direct) the BDN Collateral Securities (as defined in the Letter) ...

Guarantor Collateral. No later than November 30, 1997, each Guarantor shall grant to the Agent for the benefit of the Banks a security interest in its inventory and accounts and related proper- ties pursuant to security agreements substantially identical to the Security Agreement and shall take such actions as the Agent may reasonably request in order to perfect the Agent's security interests therein." Section 8.1 of the Credit Agreement shall be amended by deleting the word "or" appearing after the semi-colon at the end of subsection (h) thereof, by replacing the period appearing at the end of subsection (i) thereof with the phrase "; or" and by adding thereto the following provision as subsection (j) thereof.:

Guarantor Collateral. As security for all current and future indebtedness of Borrower to Bank, and all current and future indebtedness of the Guarantor to the Bank under the applicable guaranty or pledge agreement, the Guarantor hereby grants to Bank a security interest of first priority (subject only to liens expressly permitted hereunder) in the 500 shares of common stock of the Borrower, evidenced by certificate number 1, owned or held by the Guarantor (the “Borrower Stock”). All of the foregoing shall be evidenced by and subject to the terms of such security agreements, financing statements, deeds of trust or mortgages, and other documents as Bank shall reasonably require, all in form and substance satisfactory to Bank. Borrower shall pay to Bank immediately upon demand the full amount of all charges, costs and expenses (to include fees paid to third parties and all allocated costs of Bank personnel), expended or incurred by Bank in connection with any of the foregoing security, including without limitation, filing and recording fees and costs of appraisals, audits and title insurance.

Guarantor Collateral. Guarantor shall (a) provide prompt written notice to CoBank of any future adverse claims, interests, or Liens against any of the Guarantor Collateral, (b) promptly obtain a release or discharge of any such claims, interests, or Liens, and (c) diligently defend Guarantor's and CoBank's interests in the Guarantor Collateral.

Guarantor Collateral. See §5.3.

Guarantor Collateral. 2 1.7 Guarantors..................................................................................2 1.8 Guarantor Security Agreement................................................................2 1.9 Loan........................................................................................3 1.10

Guarantor Collateral. Guarantor’s obligations and liabilities to Bank under the Guaranty and any other document, instrument or agreement executed by Guarantor shall be secured by a first priority security interest in all or substantially all of Guarantor’s personal property, pursuant to the terms and conditions of a Security Agreement, on Bank’s standard form, executed by Guarantor in favor of Bank. By executing the Security Agreement, Guarantor shall authorize Bank to file a UCC-1 financing statement describing such collateral in the office of the Secretary of State of the State of Delaware or any other jurisdiction desired by Bank. Borrower shall cause Guarantor to execute and deliver to Bank such other documents, instruments and agreements as Bank may reasonably require in order to effect fully the purposes of this Agreement. FabTech, Inc. July 6, 2004

Guarantor Collateral. Any assets of a Guarantor or a third party in which Lender is granted a Lien to secure any financial accommodations provided by Lender to Borrower. Please specify: N/A D. Permitted Liens: (1) Liens granted to the Connecticut Development Authority pursuant to: (a) the Note in the amount of $4,000,000, the Loan Agreement, and the Security Agreement all dated April 29, 2008; (b) the Loan Agreement with the Connecticut Development Authority dated as of June 30, 2000, as amended and (c) Loan Agreement with the Connecticut Development Authority dated as of March 5, 2013. (2) Liens granted to (i) Relational, LLC, (ii) Relational II, LLC, and(iii) Key Equipment Finance Inc. for which UCC Financing Statements have been filed prior to the date hereof, securing equipment leased or purchased by the Borrower; (3) Liens granted or to be granted in connection with the financing of power plants to be sold by the Borrower to entities controlled by the Borrower or the Borrower’s distribution partners for projects selected by the State of Connecticut Department of Public Utility Control (“DPUC”) for purposes of providing 43.5 megawatts, including (but not limited to) projects for generating approximately 27.3 megawatts of power which may be financed in whole or in part by a United States Department of Energy Loan Guarantee. (4) Liens on raw materials which secure trade debt arising from the purchase of such raw materials and such trade debt is incurred by borrower in the ordinary course of business; (5) Liens and all associated rights of the Department of Energy and other governmental agencies arising from so-called “march-in rights” to the technology subject to a cooperative research and development agreement. (6) Liens in favor of POSCO Power, a Korean corporation securing Borrower's obligations under the POSCO Contract. E. The Liens of Lender on the Secondary Collateral shall be a first priority Lien except for the following Liens: ___________________________________ A. The Liens of Lender on the Guarantor Collateral shall be a first priority Lien except for the following Liens: ____NA__________________________ A. Are you separately collateralizing the Unguaranteed Portion10% portion of this Loan Facility? No X Yes _____ If yes, please specify separate collateral. . Note: Lender cannot collateralize its retained 10% risk with cash, cash equivalents or marketable securities from Borrower, any Guarantor, or any of Borrower's Affiliates (as defined in Section 5(b) of the Del...

Guarantor Collateral. 5 1.57 Guarantor Security Documents................................................5 1.58 Guaranty....................................................................5 1.59