Common use of Security Assignment Clause in Contracts

Security Assignment. The said TENANT hereby pledges and assigns to the ▇▇▇▇▇▇ all furniture, fixtures, goods and chattels of said TENANT, which shall or may be brought or put on said premises as security for the said lien may be enforced by distress foreclosure or otherwise at the election of the said LANDLORD.

Appears in 2 contracts

Sources: Lease Agreement (Obagi Medical Products, Inc.), Lease Agreement (Obagi Medical Products, Inc.)

Security Assignment. The said TENANT hereby pledges and assigns to the ▇▇▇▇▇▇ Lessor all furniture, fixtures, goods and chattels of said TENANT, which shall or may be brought or put on said premises as security for the said lien may be enforced by distress foreclosure or otherwise at the election of the said LANDLORD.

Appears in 1 contract

Sources: Lease Agreement (R F Industries LTD)