Third Amended and Restated Security Agreement definition
Examples of Third Amended and Restated Security Agreement in a sentence
Notwithstanding the foregoing, Maker shall prepay the Loan upon receipt, and to the extent of, any net proceeds received upon the sale, refinancing or other disposition of, or any distribution made with respect to, the Collateral (as defined in the Third Amended and Restated Security Agreement) in accordance with Section 6 hereof.
A copy of the Third Amended and Restated Security Agreement is available for inspection at the offices of JMB during normal business hours.
Reference is made to the Third Amended and Restated Security Agreement for a description of the property encumbered, the nature and extent of the security, and the rights of the holder hereof in respect to such security.
The provisions of the Third Amended and Restated Security Agreement shall be deemed to be incorporated by reference herein as though set out herein in their entirety.
The Existing Borrowers and certain of their affiliates and the Bank have heretofore entered into a Credit Agreement, dated as of October 31, 2011 (as heretofore amended from time to time, the "Existing Credit Agreement") and in connection therewith, the Existing Borrowers and the Bank entered into a Third Amended and Restated Security Agreement, dated as of October 31, 2014 (the "Existing Security Agreement").
The Grantor is party to a Third Amended and Restated Security Agreement, dated as of March 29, 2005 (as may be amended from time to time, the “Third Amended Security Agreement”), pursuant to which the Grantor has granted the Secured Party a security interest (the “First Lien Security Interest”) in account no.
A properly executed Third Amended and Restated Security Agreement in the form attached hereto as Exhibit B-1 (the "Personal Property Security Agreement") and a properly executed Amended and Restated Intellectual Property Security Agreement in the form attached hereto as Exhibit B-2 (the "Intellectual Property Security Agreement" and, collectively with the Personal Property Security Agreement, the "Security Agreements").
Grantor and Grantee hereby agree that, on the date hereof, the terms and provisions of the Third Amended and Restated Security Agreement shall be and hereby are amended and restated in their entirety by the terms, conditions and provisions of this Agreement, and the terms and provisions of the Third Amended and Restated Security Agreement shall be superseded by this Agreement.
The remedies of the holder hereof, as provided herein or in the Third Amended and Restated Security Agreement or any other instrument securing this Restated Promissory Note I, shall be cumulative and concurrent, and may be pursued singularly, successively or together, at the sole discretion of the holder hereof, and may be exercised as often as occasion therefor shall arise.
Notwithstanding the foregoing, Maker shall prepay the Loan upon receipt, and to the extent, of any net proceeds received upon the sale, refinancing, or other disposition of, or any distributions made with respect to, the Collateral (as defined in the Third Amended and Restated Security Agreement) in accordance with Section 6 hereof.