Secured Party

Secured Party. Means, collectively, the Agent and the Lenders. ------------- -3- 2. Creation of Security Interest. Each Pledgor hereby assigns and ----------------------------- pledges to the Agent for the ratable benefit of the Lenders, and grants to the Agent for the ratable benefit of the Lenders a security interest in and to, all right, title and interest of such Pledgor in and to all presently existing and hereafter acquired Collateral. The security... interest and pledge created by this Section 2 shall continue in effect so long as any Obligation (as defined below) remains unpaid or any Commitment remains in effect or any Letter of Credit remains outstanding. View More

Secured Party. James E. Upfield, his successors and assigns, or heirs and personal representatives, including without limitation, any party to whom Secured Party, or his successors or assigns, or heirs and personal representatives, may assign his or its rights and interests under this Agreement. All words and phrases used herein which are expressly defined in Section 1.201 or Chapter 9 of the Code shall have the meaning provided for therein. Other words and phrases defined elsewhere in the Code shall have the... meaning specified therein except to the extent such meaning is inconsistent with a definition in Section 1.201 or Chapter 9 of the Code. View More

Secured Party. James E. Upfield, his successors and assigns, or heirs and personal representatives, including without limitation, any party to whom Secured Party, or his successors or assigns, or heirs and personal representatives, may assign his or its rights and interests under this Agreement.

Secured Party. Has the meaning set forth in the first paragraph of this Agreement.

Secured Party. Shall include (X) any Affiliate of any Secured Party which has entered into a Hedging Agreement with any Obligor and (Y) any Person that was a Secured Party (or an Affiliate of a Secured Party) under the Credit Agreement at the time it entered into a Hedging Agreement that has ceased to be a Secured Party under the Credit Agreement

Secured Party. Shall include any Affiliate of any Secured Party which has entered into a Hedging Agreement with any Pledgor

Secured Party. The persons named in the introductory paragraph of this Agreement, their respective successors and assigns, including, without limitation, any party to whom a Secured Party, or its successors or assigns, may assign its rights and interests under this Agreement.

Secured Party. Burger Time Corporation, a corporation organized under the laws of the State of North Dakota, whose mailing address is 675 12th Avenue NE, West Fargo, North Dakota 58078.

Secured Party. Each Bank under the Credit Agreement and the Administrative Agent, and each of their successors and assigns.

Secured Party. Shall mean Sterling Management Group, Inc., a Minnesota corporation, and its affiliates, designates and successors, and including without limitation, Kevin and Amanda DeMerit