Common use of Appointment of Collateral Agent Clause in Contracts

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 10 contracts

Samples: Security Agreement (Reign Sapphire Corp), Security Agreement (New Generation Biofuels Holdings, Inc), Security Agreement (XpresSpa Group, Inc.)

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Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Pxxxxxxx Xxxxxxx to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing writing, by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 4 contracts

Samples: Security Agreement (Accelerated Pharma, Inc.), Security Agreement (Accelerated Pharma, Inc.), Security Agreement (Accelerated Pharma, Inc.)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Collateral Agents, LLC to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 3 contracts

Samples: Security Agreement (China Networks International Holdings LTD), Security Agreement (Adamis Pharmaceuticals Corp), Security Agreement (Intellect Neurosciences, Inc.)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Collateral Services LLC to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 3 contracts

Samples: Security Agreement (Activecare, Inc.), Security Agreement (Dataram Corp), Security Agreement (Mechanical Technology Inc)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Xxxxx Xxxxxxx to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (Wearable Health Solutions, Inc.)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt _____________ to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (Ironwood Gold Corp)

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Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt AIGH Investment Partners, L.P. to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (Vuzix Corp)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Jxxxxxx X. Quick to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (Millennium Healthcare Inc.)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt [_______] to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (NXT-Id, Inc.)

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