Project Development Fee Security Sample Clauses
Project Development Fee Security. To secure payment of the Project Development Fee, Pawnee hereby pledges and grants a security interest in all Collateral to Lakes to secure Pawnee's obligations under this Agreement in connection with payment of the Project Development Fee, further agrees to enter into standard and customary dominion account agreements/security agreements/mortgages or deeds of trust necessary to evidence and effectuate such liens, and authorizes Lakes to file those financing statements and similar documents and agreements as Lakes may believes appropriate to perfect such liens.
Project Development Fee Security. To secure payment of the Project Development Fee, Iowa Corp and the Iowa Tribe hereby pledge and grant a security interest in all Collateral to Lakes to secure Iowa Corp's and the Iowa Tribe's obligations under this Agreement in connection with payment of the Project Development Fee, further agree to enter into standard and customary dominion account agreements/security agreements/mortgages or deeds of trust necessary to evidence and effectuate such liens, and authorize Lakes to file those financing statements and similar documents and agreements as Lakes may believes appropriate to perfect such liens.