Common use of All Loans to Constitute Single Obligation Clause in Contracts

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to Bank.

Appears in 9 contracts

Samples: Loan and Security Agreement (Cti Industries Corp), Loan and Security Agreement (Primoris Services CORP), Loan and Security Agreement (Argyle Security, Inc.)

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All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to Bank.

Appears in 3 contracts

Samples: Loan and Security Agreement (US BioEnergy CORP), Loan and Security Agreement (CHS Inc), Loan and Security Agreement (US BioEnergy CORP)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by the Bank’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to Bankthe Bank in connection with this Agreement or the other Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (PLM Equipment Growth Fund V), Loan and Security Agreement (PLM Equipment Growth Fund V)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s first priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower Borrower, its Operating Subsidiaries and/or any other Subsidiary to Bank.

Appears in 2 contracts

Samples: Loan and Security Agreement (Atlas Financial Holdings, Inc.), Loan and Security Agreement (Atlas Financial Holdings, Inc.)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s 's priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to Bank.

Appears in 2 contracts

Samples: Loan and Security Agreement (Birner Dental Management Services Inc), Loan and Security Agreement (Rockwell Medical Technologies Inc)

All Loans to Constitute Single Obligation. The Loans and other Obligations shall constitute one general joint and several obligation of the BorrowerBorrowers, and shall be secured by Bank’s first priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or Borrowers (or any Subsidiary of them) to the Bank, subject only to Permitted Liens.

Appears in 2 contracts

Samples: Loan and Security Agreement (Intricon Corp), Loan and Security Agreement (Intricon Corp)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s 's priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to Bank.

Appears in 1 contract

Samples: Credit Agreement (Integrity Media Inc)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary other Obligor to Banksecure such Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Synergetics Usa Inc)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s priority Lenders’ security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to BankLenders.

Appears in 1 contract

Samples: Loan and Security Agreement (FC Global Realty Inc)

All Loans to Constitute Single Obligation. The Loans and the Letter of Credit Obligations shall constitute one general obligation of the BorrowerBorrowers, and shall be secured by BankLender’s first priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary Borrowers to BankLender.

Appears in 1 contract

Samples: Loan and Security Agreement (LTN Staffing, LLC)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, Borrower and shall be secured by Bank’s priority Lenders’ security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to BankLenders.

Appears in 1 contract

Samples: Loan and Security Agreement (FC Global Realty Inc)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the BorrowerBorrowers, and shall be secured by Bank’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower Borrowers and/or any Subsidiary Guarantor to the Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Smithway Motor Xpress Corp)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the BorrowerBorrowers, and shall be secured by BankLender’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary Borrowers to BankLender.

Appears in 1 contract

Samples: Loan and Security Agreement

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All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by BankLender’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to BankLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Ari Network Services Inc /Wi)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the BorrowerBorrowers, and shall be secured by Bank’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or Borrowers and any Subsidiary of the Borrowers to Bank. Without limiting the generality of the foregoing, each of the Loans is cross-defaulted and cross- collateralized with each other Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Lifeway Foods Inc)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by BankLender’s priority security interest in and Lien upon all of the Collateral (if any) and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to BankLender.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Land Lease Inc)

All Loans to Constitute Single Obligation. The Loans shall constitute one general joint and several obligation of the BorrowerBorrowers, and shall be secured by Bank’s first priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or Borrowers (or any Subsidiary of them) to the Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Intricon Corp)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the Borrower, and shall be secured by Bank’s 's priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Boyd Bros Transportation Inc)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the BorrowerBorrowers, and shall be secured by BankLender’s first priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower and/or any Subsidiary Borrowers to BankLender.

Appears in 1 contract

Samples: Loan and Security Agreement (BG Staffing, Inc.)

All Loans to Constitute Single Obligation. The Loans shall constitute one general obligation of the BorrowerBorrowers, and shall be secured by BankLender’s priority security interest in and Lien upon all of the Collateral and by all other security interests, Liens, claims and encumbrances heretofore, now or at any time or times hereafter granted by the Borrower Borrowers and/or any Subsidiary to BankLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Hill International, Inc.)

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