Common use of Security Collateral Clause in Contracts

Security Collateral. All obligations of the Borrower to the Bank under the Revolving Credit, the Equipment Line, as amended, and the Amended Note shall constitute Obligations as defined in the Loan Agreement and in the Security Agreement dated as of March 5, 1999 by and between Borrower and the Bank, and shall be entitled to the benefits of and be secured by the Security Documents.

Appears in 1 contract

Samples: Loan Agreement (Vastera Inc)

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Security Collateral. All obligations of the Borrower to the Bank under the Revolving Credit, the Equipment Line, Bridge Loan and the Notes, as amended, and the Amended Note shall constitute Obligations as defined in the Loan Agreement and in the Security Agreement dated as of March 5May 6, 1999 by and between Borrower and the Bank, and shall be entitled to the benefits of and be secured by the Security Documents.

Appears in 1 contract

Samples: Loan Agreement (Informax Inc)

Security Collateral. All obligations of the Borrower Borrowers, or any one of them, to the Bank under the Revolving Credit, Credit and the Equipment Line, as amended, and the Amended Note Notes shall constitute Obligations as defined in the Loan Agreement and in the Security Agreement dated as of March 5May 6, 1999 by and between Borrower and the Bank, and shall be entitled to the benefits of and be secured by the Security Documents.

Appears in 1 contract

Samples: Loan Agreement (Informax Inc)

Security Collateral. All obligations of the Borrower to the Bank under the Revolving Credit, the Equipment Line, as amended, and the Amended Note No. 2 shall constitute Obligations as defined in the Loan Agreement and in the Security Agreement dated as of March 5, 1999 by and between Borrower and the Bank, and shall be entitled to the benefits of and acrd be secured by the Security Documents.

Appears in 1 contract

Samples: Loan Agreement (Vastera Inc)

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Security Collateral. All obligations of the Borrower Borrowers, or any one of them, to the Bank under the Revolving Credit, the Equipment Line, as amended, and the Amended Note shall constitute Obligations as defined in the Loan Agreement and in the Security Agreement dated as of March 5May 6, 1999 by and between Borrower and the Bank, and shall be entitled to the benefits of and be secured by the Security Documents.

Appears in 1 contract

Samples: Loan Agreement (Informax Inc)

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