Fixed Asset Security Agreement definition
Examples of Fixed Asset Security Agreement in a sentence
None of the Secured Notes Indenture or the Fixed Asset Security Documents has been amended, modified, waived or terminated prior to the Closing Date (other than any supplements to the Secured Notes Indenture or the Fixed Asset Security Documents in order to add guarantors thereto), and the only amendment, waiver or modification to any such document on the Closing Date shall be pursuant to the Closing Date Fixed Asset Security Agreement Amendment.
If at any time the outstanding principal amount of the Secured Notes is not greater than the Commitments, the Credit Parties will enter into such amendments to the Fixed Asset Security Agreement to the effect that an “Event of Default” thereunder shall mean an Event of Default hereunder, and such other changes to reflect that the governing document of the Fixed Asset Security Agreement shall be this Agreement and not the Secured Notes Indenture.
Two such subcommittees shall be those of the Development Committee and the Commercialization Committee, which shall oversee the development and commercialization of the Licensed Product hereunder, respectively.