Collateral for the Notes Clause Samples

Collateral for the Notes. The New Note and any Additional Notes shall be secured by: (i) that certain Security Agreement substantially in the form attached hereto as Exhibit C (the “Security Agreement”), whereby Borrower granted a security interest in all of its assets in favor of Investor to secure the performance its obligations under the New Note and all Additional Notes; and (ii) that certain Pledge Agreement substantially in the form attached hereto as Exhibit D (the “Pledge Agreement”), whereby Borrower pledged all of its right, title and interest in and to the equity interests held by Company in Sanhe Sino-Tip Resources & Technologies, Ltd., a Chinese foreign cooperative joint venture (the “Sino-Top Interest”), to secure the performance of its obligations under the New Note and all Additional Notes.

Collateral for the Notes. The Notes shall not be secured.

Collateral for the Notes. The Notes shall be secured by the following: (a) The collateral set forth in that certain Security Agreement attached hereto as Exhibit C listing all of Company’s assets as security for Company’s obligations under the Transaction Documents (the “Security Agreement”). (b) The collateral set forth in that certain Intellectual Property Security Agreement attached hereto as Exhibit D listing all of Company’s intellectual property as security for Company’s obligations under the Transaction Documents (the “IP Security Agreement”).

Collateral for the Notes. The Notes shall be secured by the collateral to the extent set forth in that certain Security Agreement dated as of the date hereof, by and between Company and Investor in substantially the form as Exhibit C attached hereto (the “Collateral”) listing certain of Company’s assets as security for Company’s obligations under the Transaction Documents (the “Security Agreement”). Investor’s security interest in the Collateral shall be subordinated to that of Silicon Valley Bank, a California corporation (“SVB”), as evidenced by that certain Subordination Agreement by and between SVB and Investor, substantially in the form attached hereto as Exhibit D (the “SVB Subordination Agreement”) until all obligations owing from Company to SVB are indefeasibly satisfied in full in cash. In addition, prior to Closing, Indi will agree to subordinate certain rights to Investor pursuant to a Subordination Agreement substantially in the form hereto as Exhibit E (the “Indi Subordination Agreement”), which Indi Subordination Agreement will be entered into no later than thirty (30) days following the date on which Company shall have satisfied the covenant set forth in Section 4(vii) below. For the avoidance of doubt, notwithstanding anything in the Transaction Documents to the contrary, Company is permitted to (i) make payments to Indi under the Integrated Diagnostics APA and (ii) grant security interests to Indi, subject to the Indi Subordination Agreement.