Common use of Priority; Security Clause in Contracts

Priority; Security. The obligation evidenced by this Note shall be a senior obligation of the Company, other than obligations specifically designated otherwise by the Company. This obligation is secured by various mutually-agreed assets of the Company as described in the Security Agreement executed concurrently herewith.

Appears in 2 contracts

Sources: Senior Secured Convertible Note (Driven Deliveries, Inc.), Senior Secured Convertible Note (Driven Deliveries, Inc.)