Common use of Security and Priority Clause in Contracts

Security and Priority. As security for the obligations of the Company to the Lender, the Company shall make all reasonable efforts to cause Voice Mobility Inc. (the "Guarantor") to execute and deliver to the Lender a General Security Agreement on the assets of the Guarantor. The Company's repayment obligations under the Note shall rank prior to all indebtedness of the Company, other than the existing registered charges and security interests listed in Schedule "G".

Security and Priority. As security for the obligations of the Company to the Lender, the Company shall make all reasonable efforts to cause Voice Mobility Inc. (the "“Guarantor"”) to execute and deliver to the Lender a General Security Agreement on the assets of the Guarantor. The Company's ’s repayment obligations under the Note shall rank prior to all indebtedness of the Company, other than the existing registered charges and security interests listed in Schedule "G"“F”.