Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefore in the Security Agreement executed by and delivered by Borrower to Lender. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof.
Appears in 2 contracts
Sources: Consent, Transfer, Assumption and Amendment Agreement (XOMA Corp), Loan Transfer Consent (XOMA Corp)
Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefore therefor in the Security Agreement executed by and delivered by Borrower to Lender. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof, except as permitted pursuant to the Security Agreement.
Appears in 2 contracts
Sources: Secured Note and Warrant Purchase Agreement (ARYx Therapeutics, Inc.), Secured Promissory Note (Global Epoint Inc)
Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefore therefor in the Security Agreement executed by and delivered by Borrower to LenderBorrower. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof.or
Appears in 1 contract
Sources: Credit Agreement (Software Net Corp)
Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefore in the Security Agreement executed by and delivered by Borrower to LenderBorrower. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof, except as permitted pursuant to the Security Agreement.
Appears in 1 contract
Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security therefore therefor in the Security Agreement executed by and delivered by Borrower to LenderAgreement. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral collateral against and take such other action as is necessary to remove, any Lien (as defined in the Security Agreement) on or in the Collateralcollateral, or in any portion thereof, except as permitted pursuant to the Loan Agreements. The Security Agreement may be terminated and released as provided in the Loan Agreements.
Appears in 1 contract
Sources: Senior Secured Note Purchase Agreement (Park Dental Partners, Inc.)
Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security therefore therefor in the Security Agreement executed by and delivered by Borrower to LenderAgreement. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral collateral against and take such other action as is necessary to remove, any Lien lien on or in the Collateralcollateral, or in any portion thereof.Thereof
Appears in 1 contract
Sources: Promissory Note (Sbe Inc)
Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security therefore therefor in the Security Agreement executed by and delivered by Borrower to LenderDeed of Trust. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral collateral against and take such other action as is necessary to remove, any Lien lien on or in the Collateralcollateral, or in any portion thereof.
Appears in 1 contract
Sources: Executive Relocation Loan Agreement (Ross Stores Inc)
Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security therefore therefor in the Security Agreement executed by and delivered by Borrower to LenderAgreement. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral collateral against and take such other action as is necessary to remove, any Lien lien on or in the Collateralcollateral, or in any portion thereofthereof except as permitted pursuant to the Security Agreement.
Appears in 1 contract
Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security therefore therefor in the Security Agreement executed by and delivered by Borrower to LenderAgreement. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral collateral against and take such other action as is necessary to remove, any Lien lien on or in the Collateralcollateral, or in any portion thereof, except as permitted pursuant to the Security Agreement. To the extent Borrower is unable to satisfy this Note when due with the collateral described in the Security Agreement, the Company may hold Borrower personally liable for this Note or assert any claim against Borrower for the payment of this Note.
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