Existing Security Instruments definition

Existing Security Instruments has the meaning given to the term “Security Instruments” in the Existing Credit Agreement.
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Existing Security Instruments means the Security Instruments, as such term is defined in the Existing Credit Agreement, in existence on the Closing Date immediately prior to the Assignment.
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Existing Security Instruments means the Security Instruments, as such term is defined in the Prior Agreement, as such instruments have been or may be amended, restated, or supplemented from time to time.
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Examples of Existing Security Instruments in a sentence

  • The Borrowers and the other Loan Parties hereby acknowledge and agree that they remain liable for the Obligations and the Liens granted by the Borrowers and the other Loan Parties under the Existing Security Instruments to the extent securing the Obligations hereunder and under the other Loan Documents.

  • Borrower and Guarantor acknowledge that the Existing Security Instruments and the New Security Instrument are Collateral for the entire Loan, and the occurrence of a default under any of the Existing Security Instruments, the New Security Instrument or any of the Loan Documents will comprise a default under all of the Existing Security Instruments, the New Security Instrument and other Loan Documents.

  • Customer acknowledges and agrees that the Restoration Services provided hereunder are subject to availability and GE Americom shall have no further liability or obligation to Customer if Restoration Services are not available at the time that Customer's service on C-4 is preempted or becomes a Failed Transponder other than as provided in Article 17.D. hereof.

  • No event has occurred since Owner acquired the Properties and no condition currently exists with respect to Owner or any Bond Property that would constitute an event of default or which, with the lapse of time, if not cured, or with the giving of notice or both, would become an event of default under any of the Regulatory Agreements, any of the Existing Security Instruments or any other document executed in connection with any of the Existing Bond Issues.

  • Borrower and Guarantor acknowledge that the Existing Security Instruments and the New Security Instruments are Collateral for the Loan and for the 2016 Loan, and the occurrence of a default under any of the Existing Security Instruments, the New Security Instruments or any of the Loan Documents will comprise a default under all of the Existing Security Instruments, the New Security Instruments and other Loan Documents.

  • Section 4.16 Ownership of Real Property Assets; Existing Security Instruments .

  • All references in the Loan Agreement to the “Security Instrument” or the “Security Instruments” are hereby amended to mean collectively the Existing Security Instruments and the New Security Instrument.

  • In order to secure the full and punctual payment and performance of the loans under the Existing Credit Agreement, the Borrower and its Restricted Subsidiaries (as defined below) executed and delivered mortgages, collateral assignments, security agreements and financing statements (collectively, the "Existing Security Instruments") granting a mortgage lien and continuing security interest in and to the collateral described in such Existing Security Instruments.

  • Borrower and Guarantor acknowledge for the benefit of Lender that the Notes, the Loan Agreement as amended by this Amendment, the Existing Security Instruments, and any other Loan Documents (collectively, the “Loan Documents”) are all valid and binding obligations enforceable in accordance with their terms, and that neither Borrower nor Guarantor has any offset or defense against the indebtedness evidenced by the Notes or any of the obligations set forth in the Loan Documents.

  • Except as contemplated by this Agreement, the Existing Administrative Agent hereby confirms it has not assigned, released, subordinated or granted any encumbrances against the Existing Security Instruments, or the liens and security interests evidenced thereby.


More Definitions of Existing Security Instruments

Existing Security Instruments shall have the respective meanings given such terms in the recitals to this Agreement.
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Existing Security Instruments has the meaning assigned such term in the Recitals to this Agreement.
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Related to Existing Security Instruments

  • Existing Security Agreement shall have the meaning set forth in the recitals.

  • Existing Security Documents shall have the meaning assigned to such term in the recitals hereto.

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Existing Mortgages means each of the mortgages, deeds of trust or other agreements made pursuant to the Existing Credit Agreement by any Loan Party in favor of the Agent for the benefit of the Agent and the Lenders.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).