3Cross-Collateralization Clause Samples

3Cross-Collateralization. The Loan and the Obligations hereunder and under any Loan Documents, shall (in addition to the Collateral) be further secured and cross‑collateralized by any properties, interests or assets of Borrower, real, personal or mixed, tangible or intangible, in which Lender is granted lien or mortgage rights or security interests at any time under the Receivables Loan Documents or with respect to the Receivables Loan (such properties, interests or assets in which Lender may hold lien rights or security interests from time to time are called the "Additional Collateral"). For value received, Borrower hereby grants to Lender a security interest in and to the Additional Collateral to secure the timely payment and performance of the Obligations; and Borrower agrees to deliver to Lender financing statements and other documents as may be reasonably required by Lender from time to time to further evidence and perfect Lender's liens and security interests in the Additional Collateral.