Common use of Payment Guaranty Clause in Contracts

Payment Guaranty. (a) The Borrower will pay the Notes secured by this Agreement and any renewal or extensions thereof in accordance with the terms and provisions of the Notes. The Borrower also will repay immediately all sums expended by the Secured Parties in accordance with the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Growlife, Inc.), Security Agreement (Phototron Holdings, Inc.)

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Payment Guaranty. (a) a. The Borrower will pay the Notes Note secured by this Security Agreement and any renewal or extensions thereof in accordance with the terms and provisions of the NotesNote. The Borrower also will repay immediately all sums expended by the Secured Parties Party in accordance with the terms and provisions of this Security Agreement.

Appears in 2 contracts

Samples: Security Agreement (Phototron Holdings, Inc.), Security Agreement (Phototron Holdings, Inc.)

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Payment Guaranty. (a) a. The Borrower will pay the Notes secured by this Security Agreement and any renewal or extensions thereof in accordance with the terms and provisions of the Notes. The Borrower also will repay immediately all sums expended by the Secured Parties in accordance with the terms and provisions of this Security Agreement.

Appears in 2 contracts

Samples: Security Agreement (Phototron Holdings, Inc.), Security Agreement (Phototron Holdings, Inc.)

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