Security for Payment. To secure payment of all sums due under this Agreement, Borrower grants Lender a security interest in any unearned premiums or other sums which may become payable under the Scheduled Policies of Insurance shown on page 3.
Appears in 2 contracts
Sources: Premium Finance Agreement, Premium Finance Agreement (Windstar Energy, LLC)
Security for Payment. To secure payment of all sums due under this Agreement, Borrower grants Lender a security interest in any unearned premiums or other sums which may become payable under the Scheduled Policies of Insurance insurance shown on page 3.
Appears in 2 contracts
Sources: Financing Agreement (Baltia Air Lines Inc), Premium Finance Agreement (Baltia Air Lines Inc)
Security for Payment. To secure payment of all sums due under this Agreement, Borrower grants Lender a security interest in any unearned premiums or other sums which may become payable under the Scheduled Schedule Policies of Insurance shown on page 3.
Appears in 1 contract