Common use of Satisfactory Collateral Clause in Contracts

Satisfactory Collateral. The Purchaser shall be satisfied that the Collateral Agent has received security interests in all Property and a pledge of all the issued and outstanding stock of the Guarantors.

Appears in 2 contracts

Sources: Note and Stock Purchase Agreement (Aps Healthcare Inc), Note and Stock Purchase Agreement (Aps Healthcare Inc)

Satisfactory Collateral. The Purchaser shall be satisfied that the Collateral Agent has received security interests in all Property and a pledge of all the issued and outstanding stock of the GuarantorsIRG, CNR, and APS Clinics.

Appears in 1 contract

Sources: Note and Stock Purchase Agreement (Aps Healthcare Inc)