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Guaranty and Collateral Agreement

 

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Title:

Guaranty and Collateral Agreement

Entities:

Nighthawk Radiology Holdings Inc

Date:

2007

Size:

Preview shows 23KB of 188KB total

Price:

$58

ID:

#2863556

 

 

► Financing ► Collateral ► Guaranty & Collateral Agreements

 

 

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GUARANTY AND COLLATERAL AGREEMENT

dated as of

April 5, 2007

among

NIGHTHAWK RADIOLOGY HOLDINGS, INC.,

THE SUBSIDIARIES OF NIGHTHAWK RADIOLOGY

HOLDINGS, INC. IDENTIFIED HEREIN

and

MORGAN STANLEY & CO. INCORPORATED,

as COLLATERAL AGENT

 



TABLE OF CONTENTS

 

     Page

ARTICLE I Definitions

   1

Section 1.01. Credit Agreement; UCC

   1

Section 1.02. Other Defined Terms

   1

ARTICLE II Guaranty

   5

Section 2.01. Guaranty

   5

Section 2.02. Amendments, etc. with respect to the Obligations

   5

Section 2.03. Guaranty Absolute and Unconditional

   5

Section 2.04. Reinstatement

   7

Section 2.05. Payments

   7

Section 2.06. Information

   7

ARTICLE III Pledge of Securities

   7

Section 3.01. Pledge

   7

Section 3.02. Delivery of the Pledged Collateral

   8

Section 3.03. Representations, Warranties and Covenants

   8

Section 3.04. Registration in Nominee Name; Denominations

   9

Section 3.05. Voting Rights; Dividends and Interest

   9

ARTICLE IV Security Interests in Personal Property

   10

Section 4.01. Security Interest

   10

Section 4.02. Representations and Warranties

   12

Section 4.03. Covenants

   14

Section 4.04. Other Actions

   16

Section 4.05. Covenants Regarding Patent, Trademark and Copyright Collateral

   17

Section 4.06. Cash Management System and Securities Accounts

   18

Section 4.07. Certain Uncertificated Securities

   19

ARTICLE V Remedies

   19

Section 5.01. Remedies upon Default

   19

Section 5.02. Application of Proceeds

   20

Section 5.03. Grant of License To Use Intellectual Property

   22

Section 5.04. Securities Act

   22

Section 5.05. Medicare/Medicaid

   22

ARTICLE VI Indemnity, Subrogation and Subordination

   22

Section 6.01. Indemnity and Subrogation

   22

Section 6.02. Contribution and Subrogation

   23

Section 6.03. Subordination

   23

ARTICLE VII Miscellaneous

   23

Section 7.01. Notices

   23

Section 7.02. Waivers; Amendment

   23

Section 7.03. Collateral Agents Fees and Expenses; Indemnification

   24

Section 7.04. Successors and Assigns

   24

Section 7.05. Survival of Agreement

   24

Section 7.06. Counterparts; Effectiveness; Several Agreement

   25

Section 7.07. Severability

   25

Section 7.08. Right of Set-Off

   25

Section 7.09. Governing Law; Jurisdiction; Consent to Service of Process

   25

Section 7.10. WAIVER OF JURY TRIAL

   26

 

-i-


Section 7.11. Headings

   26

Section 7.12. Security Interest Absolute

   26

Section 7.13. Termination or Release

   26

Section 7.14. Additional Subsidiaries

   27

Section 7.15. Collateral Agent Appointed Attorney-in-Fact

   27

Section 7.16. Further Assurances

   27

Section 7.17. Collateral Agent

   27

 

Exhibits   
Exhibit I    Form of Supplement
Exhibit II    Form of Deposit Account Control Agreement
Exhibit III    Form of Securities Account Control Agreement
Exhibit IV    Form of Grant of Security Interest in United States Trademarks
Exhibit V    Form of Grant of Security Interest in United States Patents
Exhibit VI    Form of Grant of Security Interest in United States Copyrights
Exhibit VII    Form of Uncertificated Securities Control Agreement

 

-ii-


GUARANTY AND COLLATERAL AGREEMENT (this Agreement) dated as of April 5, 2007, among NIGHTHAWK RADIOLOGY HOLDINGS, INC., a Delaware corporation (the Borrower), the Subsidiaries of the Borrower from time to time party hereto (whether as original signatories or as additional parties as contemplated by Section 7.14 hereof) identified herein and MORGAN STANLEY & CO. INCORPORATED, as Collateral Agent.


 

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