Contra Costa California Domestic Subsidiary Security Agreement regarding ratable benefit of Lenders and Agent

• Category: Corporations - Public - Security
• State: Multi-State
• County: Contra Costa
• Control #: US-EG-9233
• Format: Word; Rich Text

Description

Domestic Subsidiary Security Agreement Form between _______ (Grantor) and ABN AMRO Bank, N.V. regarding the ratable benefit of the Lenders and Agent dated September, 1999. 17 pages. The Contra Costa California Domestic Subsidiary Security Agreement is a legal contract that establishes the rights and obligations between lenders, the agent, and a domestic subsidiary located in Contra Costa County, California. This agreement aims to protect the interests of lenders and the agent by providing a security interest in the assets of the subsidiary, ensuring an eatable benefit for all parties involved. Under this agreement, the domestic subsidiary pledges specified collateral, such as real estate, equipment, inventory, accounts receivable, and intellectual property, as security for the debt owed to the lenders. By doing so, the lenders and the agent gain a legal claim to these assets, ensuring that they have recourse in case of default or non-payment. The Contra Costa California Domestic Subsidiary Security Agreement provides a mechanism for the eatable benefit of lenders and the agent. This means that if there are multiple lenders involved, the agreement specifies that their interests and benefits should be divided proportionately. This ensures that all lenders receive a fair share of proceeds from the pledged collateral based on their respective investments or loans, preventing any one lender from receiving preferential treatment. There might be different types of Contra Costa California Domestic Subsidiary Security Agreements regarding the eatable benefit of lenders and the agent. While specific names for these variations are not provided, they may differ based on the type of collateral pledged, the nature of the subsidiary's business, or the specific terms negotiated between the parties involved. These agreements may also include additional provisions related to repayment timelines, interest rates, default remedies, and other necessary clauses to protect the interests of lenders and the agent. Keywords: Contra Costa California, domestic subsidiary, security agreement, eatable benefit, lenders, agent, collateral, default remedies, legal claim, pledged assets, rights, obligations.

The Contra Costa California Domestic Subsidiary Security Agreement is a legal contract that establishes the rights and obligations between lenders, the agent, and a domestic subsidiary located in Contra Costa County, California. This agreement aims to protect the interests of lenders and the agent by providing a security interest in the assets of the subsidiary, ensuring an eatable benefit for all parties involved. Under this agreement, the domestic subsidiary pledges specified collateral, such as real estate, equipment, inventory, accounts receivable, and intellectual property, as security for the debt owed to the lenders. By doing so, the lenders and the agent gain a legal claim to these assets, ensuring that they have recourse in case of default or non-payment. The Contra Costa California Domestic Subsidiary Security Agreement provides a mechanism for the eatable benefit of lenders and the agent. This means that if there are multiple lenders involved, the agreement specifies that their interests and benefits should be divided proportionately. This ensures that all lenders receive a fair share of proceeds from the pledged collateral based on their respective investments or loans, preventing any one lender from receiving preferential treatment. There might be different types of Contra Costa California Domestic Subsidiary Security Agreements regarding the eatable benefit of lenders and the agent. While specific names for these variations are not provided, they may differ based on the type of collateral pledged, the nature of the subsidiary's business, or the specific terms negotiated between the parties involved. These agreements may also include additional provisions related to repayment timelines, interest rates, default remedies, and other necessary clauses to protect the interests of lenders and the agent. Keywords: Contra Costa California, domestic subsidiary, security agreement, eatable benefit, lenders, agent, collateral, default remedies, legal claim, pledged assets, rights, obligations.