Security Interest and Guarantee. The Holder has been granted a security interest (i) in certain assets of the Companies and their respective Subsidiaries as more fully described in the Amended and Restated Master Security Agreement dated as of December 13, 2005, and amended and restated as of the date hereof and (ii) in the equity interests of Parent's Subsidiaries pursuant to the Amended and Restated Stock Pledge Agreement dated as December 13, 2005 and amended and restated as of the date hereof. The obligations of the Companies under this Note are guaranteed by certain Subsidiaries of the Parent pursuant to the Amended and Restated Subsidiary Guaranty dated as December 13, 2005 and amended and restated of the date hereof.
Appears in 3 contracts
Sources: Secured Revolving Note (Tarpon Industries, Inc.), Secured Term Note (Tarpon Industries, Inc.), Secured Term Note (Tarpon Industries, Inc.)