Grant of General Security Interest in Collateral. 3.1 As security for the Obligations of Debtor, Debtor hereby grants the Collateral Agent, for the benefit of the Lenders, a security interest in the Collateral.
Grant of General Security Interest in Collateral. 3.1 As security for the Obligations of Company, Company hereby grants the Holder, a security interest in the Collateral.
Grant of General Security Interest in Collateral. 3.1 As security for the Obligations of Debtor, the Debtor hereby grants the Collateral Agent, for the benefit of the Lenders, a security interest in the Collateral, which security interest shall be a first priority security interest except as set forth in Schedule 3.1 hereto.
Grant of General Security Interest in Collateral. The Note, pursuant to its terms and conditions, is convertible into a total of 1,500,000,000 shares of Common Stock (the “Conversion Shares”). As security for the Obligations of Debtor, Debtor shall issue the Holder and grant a security interest (the “Security Interest”) in the Conversion Shares, together with all proceeds, replacements, substitutions, newly issued stock, stock received by reason of a stock split, bonus or any other form of issue, dividend or distribution with respect to or arising from such capital stock (referred to hereinafter as the “Collateral”). The Conversion Shares shall be issued in certificate form in the Holder’s name and shall be held by the Holder as security against the Note pursuant to the terms and conditions of this Agreement.
Grant of General Security Interest in Collateral. 3.1 In consideration of the Debtor's grant of the Security Interest in the Collateral, as provided for herein, and the receipt by Lender of the sum of $45,000 of accrued dividends and liquidated damages, Lender hereby agrees:
Grant of General Security Interest in Collateral. 3.1 As security for the Obligations of Debtor, SiVault hereby grants the Collateral Agent, for the benefit of the Lenders, a security interest in the Collateral.
Grant of General Security Interest in Collateral. 1.1 As security for (a) the payment and performance by Debtor of its payment obligations under the Purchase Note, (b) the performance of the Debtor of its covenants and agreements set forth in Section 4 of the Purchase Note, and (c) the performance by Debtor of its obligations under this Agreement (collectively, the "Obligations"), Debtor hereby grants the Secured Party, for the benefit of the Secured Party, a security interest in the Collateral.
Grant of General Security Interest in Collateral. 2.1 As security for the Obligations of the Debtor, the Debtor hereby grants each of the Subscribers, a security interest in the Collateral, which security interest shall be in pari passu with the security interest granted to the Subscribers of the Initial Senior Debt dated August 31, 2012.
Grant of General Security Interest in Collateral. 3.1 As security for the Obligations of Debtor, NCT hereby grants the Collateral Agent, for the benefit of the Lenders, a security interest in the Collateral.
Grant of General Security Interest in Collateral. 3.1 As security for the full and punctual payment or performance when due (whether at stated maturity, acceleration or otherwise) of the Secured Liabilities by the Company, the Company hereby, absolutely and unconditionally charges and pledges in favour of the Lander by way of first ranking floating charge and pledge:
