Common use of GRANT OF LIEN Clause in Contracts

GRANT OF LIEN. (A) As security for the prompt satisfaction of all Obligations, each Borrower hereby assigns, transfers, and sets over to Bank all of such Borrower’s Interest in and to, and grants Bank a Lien on, upon and in such Borrower’s Interest in and to the Collateral.

Appears in 2 contracts

Samples: Credit Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.)

AutoNDA by SimpleDocs

GRANT OF LIEN. (A) As security for the prompt satisfaction of all Obligations, each Borrower hereby assigns, transfers, and sets over to Bank all of such Borrower’s 's Interest in and to, and grants Bank a Lien on, upon and in such Borrower’s Interest in and to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital Healthcare Trust Inc)

GRANT OF LIEN. (A) As security for the prompt satisfaction of all Obligations, each Borrower hereby assigns, transfers, transfers and sets over to Bank all of such Borrower’s Interest in and to, and grants Bank a Lien on, upon and in such Borrower’s Interest in and to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (KMG Chemicals Inc)

GRANT OF LIEN. (A) As security for the prompt satisfaction of all Obligations, each Borrower hereby assigns, transfers, and sets over to Bank all of such Borrower’s 's Interest in and to, and grants Bank a Lien on, upon and in such Borrower’s Interest in and to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (CNL Healthcare Properties, Inc.)

GRANT OF LIEN. (A) As security for the prompt satisfaction of all Obligations, each Borrower hereby assigns, transfers, and sets over to Bank all of such Borrower’s Interest in and to, and grants Bank a Lien on, upon and in such Borrower’s Interest in and to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (CNL Healthcare Properties II, Inc.)

AutoNDA by SimpleDocs

GRANT OF LIEN. (A) As security for the prompt satisfaction of all Obligations, each Borrower hereby assigns, transfers, and sets over to Bank all of such Borrower’s Interest in and to, and grants Bank a Lien on, upon and in such Borrower’s Interest in and to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (CNL Growth Properties, Inc.)

GRANT OF LIEN. (A) As security for the prompt satisfaction of all Secured Obligations, each Borrower hereby assigns, transfers, and sets over to Bank Collateral Agent all of such Borrower’s Interest in and to, and grants Bank Collateral Agent a Lien on, upon and in such Borrower’s Interest in and to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (KMG Chemicals Inc)

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