Common use of Secured Note Clause in Contracts

Secured Note. The full amount of this Note is secured by the Collateral identified and described as security 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.

Secured Note. The full amount of this Note is secured by the Collateral identified and described as security 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.

Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefor 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, except as permitted pursuant to the Security Agreement.

Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security 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 AgreementAgreement may be terminated and released as provided in the Loan Agreements.

Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security 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 except as permitted pursuant to the Security Agreement.

Secured Note. The full amount of this Note is secured by the Collateral identified and described as security 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, except as permitted pursuant to the Security Agreement.

Secured Note. The full amount of this Note is secured by the Collateral identified and described as security 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, except as permitted pursuant to the Security Agreement.or

Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security 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.

Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefor therefore in the Security Agreement executed by and delivered by Borrower to LenderBorrower. Borrower shall not, directly or indirectly, create, suffer or permit to be created or suffer to existremain, and shall defend the Collateral against and take such other action as is necessary to removepromptly discharge, any Lien lien on or in the Collateral, or in any portion thereof, except as permitted pursuant to the Security Agreement. In addition, Borrower shall not suffer any other matter whereby an interest of Lender under the Security Agreement in the Collateral or in any lien pursuant to the Security Agreement or any part of the foregoing might be impaired, except as permitted pursuant to such Security Agreement.

Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security 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.Thereof