Common use of Execute Security Documents Clause in Contracts

Execute Security Documents. To execute and deliver to Lender the forms of mortgage, deed of trust, pledge agreement, hypothecation agreement, and other security agreements and financing statements which may be submitted by Lender, and which shall evidence the terms and conditions under and pursuant to which such liens and encumbrances, or any of them, are given; and also to execute and deliver to Lender any other written instruments, any chattel paper, or any other collateral, of any kind or nature, which he or she may in his or her discretion deem reasonably necessary or proper in connection with or pertaining to the giving of the liens and encumbrances.

Appears in 3 contracts

Sources: Business Loan Agreement (Web Press Corp), Business Loan Agreement (Web Press Corp), Business Loan Agreement (Web Press Corp)

Execute Security Documents. To execute and deliver to Lender ▇▇▇▇▇▇ the forms of mortgage, deed of trust, pledge agreement, hypothecation agreement, and other security agreements and financing statements which may be submitted by Lender▇▇▇▇▇▇, and which shall evidence the terms and conditions under and pursuant to which such liens and encumbrances, or any of them, are given; and also to execute and deliver to Lender any other written instruments, any chattel paper, or any other collateral, of any kind or nature, which he or she may in his or her discretion deem reasonably necessary or proper in connection with or pertaining to the giving of the liens and encumbrances.

Appears in 1 contract

Sources: Corporate Resolution to Borrow (Arc Communications Inc)