Common use of Grant of a Security Interest Clause in Contracts

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent (and its successors and assigns), for the benefit of the Secured Parties, and (ii) grants a security interest to the Collateral Agent (and its successors and assigns), for the benefit of the Secured Parties, in all property of the Borrower, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, all of the Borrower’s right, title and interest in, to and under:

Appears in 6 contracts

Samples: Receivables Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Receivables Loan and Security Agreement (Resource America Inc), Receivables Loan and Security Agreement (Resource America Inc)

AutoNDA by SimpleDocs

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the each Borrower of all of the covenants and obligations to be performed by it pursuant to this AgreementAgreement and each other Related Document, the each Borrower hereby (i) collaterally assigns and pledges grants to the Collateral Agent Agent, on behalf of the Secured Parties (and its their respective successors and assigns), for the benefit of the Secured Parties, and (ii) grants a security interest in all of such Borrower’s right, title and interest in and to all of the Collateral Agent following property and interests in property (and its successors and assignscollectively, the “Collateral”), for the benefit of the Secured Parties, in all property of the Borrower, each case whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, all of the Borrower’s right, title and interest in, to and underlocated:

Appears in 3 contracts

Samples: Credit and Security Agreement (GWG Holdings, Inc.), Credit and Security Agreement (GWG Holdings, Inc.), Credit and Security Agreement (GWG Life, LLC)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit in all of the Secured Parties, following property and interests in all property of the Borrower, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, ) and all of the Borrower’s right, title and interest in, to and underunder the Pledged Assets:

Appears in 2 contracts

Samples: Receivables Loan and Security Agreement (Mru Holdings Inc), Receivables Loan and Security Agreement (Mru Holdings Inc)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit in all of the Secured Parties, following property and interests in all property of the Borrowerproperty, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the "Pledged Assets”), including, without limitation, ") and all of the Borrower’s 's right, title and interest in, to and underunder the Pledged Assets:

Appears in 2 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), And Security Agreement (Silverleaf Resorts Inc)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this AgreementAgreement and each other Related Document, the Borrower hereby (i) collaterally assigns and pledges grants to the Collateral Agent Agent, on behalf of the Secured Parties (and its their respective successors and assigns), for the benefit of the Secured Parties, and (ii) grants a security interest to the Collateral Agent (and its successors and assigns), for the benefit of the Secured Parties, in all property of the Borrower’s right, title and interest in and to all of the following property and interests in property (collectively, the “Collateral”), in each case whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, all of the Borrower’s right, title and interest in, to and underlocated:

Appears in 2 contracts

Samples: Credit and Security Agreement (Brooke Corp), Credit and Security Agreement (Brooke Corp)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit in all of the Secured Parties, in all following property of the Borrower, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, ) and all of the Borrower’s right, title and interest in, to and underunder the Pledged Assets:

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent Agent, on behalf of the Secured Parties (and its successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to the Collateral Agent Agent, on behalf of Secured Parties (and its successors and assigns), for the benefit all of the Secured Parties, in all following property of the Borrower, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, ) and all of the Borrower’s right, title and interest in, to and underunder the following Pledged Assets:

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

Grant of a Security Interest. To secure the prompt and ---------------------------- complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent and grants to the Agent, on behalf of the Lender and the Agent (and its their respective successors and assigns), for the benefit of the Secured Parties, and (ii) grants a security interest to the Collateral Agent (and its successors and assigns), for the benefit of the Secured Parties, in all property of the Borrower's right, title and interest in and to all of the following property and interests in property (collectively, the "Pledged Assets"), whether tangible or intangible and whether now owned or -------------- existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, all of the Borrower’s right, title and interest in, to and underlocated:

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Healthcare Financial Partners Inc)

AutoNDA by SimpleDocs

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to Agent, for its benefit and the Collateral Agent benefit of Lenders (and its their successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to Agent, for its benefit and the Collateral Agent benefit of Lenders (and its their successors and assigns), for the benefit in all of the Secured Parties, in all following property and assets of the Borrower, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, all of the Borrower’s right, title and interest in, to and under:):

Appears in 1 contract

Samples: Loan and Security Agreement (BRT Realty Trust)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent Agent, on behalf of the Secured Parties (and its their respective successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to the Collateral Agent Agent, on behalf of the Secured Parties (and its their respective successors and assigns), for the benefit all of the Secured Parties, in all following property of the Borrower, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged Assets”), including, without limitation, ) and all of the Borrower’s right, title and interest in, to and underunder the Pledged Assets:

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Payoneer Global Inc.)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower hereby (i) collaterally assigns and pledges to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to the Collateral Agent Agent, on behalf of the Lender (and its successors and assigns), for the benefit in all of the Secured Parties, in all following property of the Borrower, whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the "Pledged Assets”), including, without limitation, ") and all of the Borrower’s 's right, title and interest in, to and underunder the Pledged Assets:

Appears in 1 contract

Samples: Loan and Security Agreement (Us Home Systems Inc /Tx)

Grant of a Security Interest. To secure the prompt and complete payment when due of the Obligations and the performance by the Borrower Company of all of the covenants and obligations to be performed by it pursuant to this Agreement, the Borrower Company hereby (i) collaterally assigns and pledges to the Collateral Agent Agent, on behalf of the Lenders (and its their successors and assigns), for the benefit of the Secured Parties, ) and (ii) grants a security interest to the Collateral Agent Agent, on behalf of the Lenders (and its their successors and assigns), for the benefit in all of the Secured PartiesCompany’s right, in title and interest in, to and under all property of the Borrower, following property whether tangible or intangible and whether now owned or existing or hereafter arising or acquired and wheresoever located (collectively, the “Pledged AssetsCollateral), including, without limitation, all of the Borrower’s right, title and interest in, to and under:):

Appears in 1 contract

Samples: Loan and Security Agreement (Iconix Brand Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.