Common use of Grant Security Clause in Contracts

Grant Security. Grant Bank a security interest in any of Co-Borrower B’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from Bank. Enter Derivative Transactions. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactions.

Appears in 2 contracts

Samples: Loan and Security Agreement (Lantronix Inc), Mezzanine Loan and Security Agreement (Upstart Holdings, Inc.)

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Grant Security. Grant Bank a security interest in any of Co-Borrower BA’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B A has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from Bank. Enter Derivative Transactions. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactions.

Appears in 2 contracts

Samples: Loan and Security Agreement (Lantronix Inc), Mezzanine Loan and Security Agreement (Upstart Holdings, Inc.)

Grant Security. Grant Bank a security interest in any of Co-Borrower BBorrower’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from Bank. Enter Derivative Transactions. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactions.

Appears in 2 contracts

Samples: Loan and Security Agreement (Savara Inc), Loan and Security Agreement (Mitek Systems Inc)

Grant Security. Grant Bank a security interest in any of Co-Borrower BBorrower’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from Bank. Enter Derivative TransactionsForeign Exchange Contracts. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactions. Issue Warrants. Issue warrants for Borrower’s capital stock.

Appears in 1 contract

Samples: Loan and Security Agreement (Infinity Oil & Gas Co)

Grant Security. Grant Bank a security interest in any of Co-Borrower BBorrower’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from Bank. Enter Derivative TransactionsForeign Exchange Contracts. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactions.. WEST\270290409.4 354271-000189 1

Appears in 1 contract

Samples: Loan and Security Agreement (Airgain Inc)

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Grant Security. Grant Bank a security interest in any of Co-Borrower BD’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B D has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from Bank. Enter Derivative Transactions. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactions.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Grant Security. Grant Bank a security interest in any of Co-Borrower BBorrower’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from Bank. Enter Derivative TransactionsForeign Exchange Contracts. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactions. Issue Warrants. Issue warrants for Borrower's capital stock.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Med Technologies Inc)

Grant Security. Grant Bank Lender a security interest in any of Co-Borrower BBorrower’s assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Co-Borrower B has an interest and receive cash or otherwise use the proceeds. Apply for Letters of Credit. Apply for letters of credit from BankSVB. Enter Derivative Transactions. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative transactionstransactions with SVB.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Lantronix Inc)

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