Grant of Security Interests; Filing of Financing Statements. To secure the timely payment and performance of all of Borrower’s Obligations to Lender, Borrower hereby grants to Lender continuing security interests in all of the Collateral. In connection with the foregoing, Borrower authorizes Lender to prepare and file any financing statements describing the Collateral without otherwise obtaining the Borrower’s signature or consent with respect to the filing of such financing statements.
Appears in 2 contracts
Sources: Loan and Security Agreement (Volcano CORP), Loan and Security Agreement (Volcano CORP)