Extract to table

It is a condition precedent to the making of the initial Term Loans under the Credit Agreement that the Grantors shall have executed and delivered this Security Agreement to Crescent Harbor Bank, N

Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Credit Agreement

01 and the schedules hereto, Commercial Tort Claims shall be subject to the $2,500,000 threshold described in the definition of "Excluded Assets" and in Section 4

For the avoidance of doubt, the term "Excluded Assets" shall be interpreted in a manner consistent with the terms of the Credit Agreement

"Letter-of-Credit Rights" means "letter-of-credit rights" as defined in Article 9 of the UCC, including any right to payment or performance under a letter of credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment or performance; provided that letter of credit rights with a face amount individually less than $1,000,000 shall constitute Excluded Assets

All terms defined in the UCC and used but not otherwise defined herein shall have the respective meanings set forth in the UCC