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.

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.

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 General Security Agreement (as defined in the Loan Agreement) executed by and delivered by Borrower to LenderBorrower.

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 dated October 8, 2012 between Borrower and delivered by Borrower to LenderCreditor (the “SECURITY AGREEMENT”).