Common use of Security Interest and Collateral Clause in Contracts

Security Interest and Collateral. To secure the payment and performance of the Obligations, Borrower hereby grants Lender a security interest (herein called the "Security Interest") in the following Collateral, whether now owned or hereafter acquired by Borrower and wherever located, and all products and proceeds thereof:

Appears in 7 contracts

Samples: Credit Application and Agreement, Credit Application and Agreement, Credit Application and Agreement

AutoNDA by SimpleDocs

Security Interest and Collateral. To secure the payment and performance of the Obligations, Borrower hereby grants Lender a security interest (herein called the "Security Interest") in the following Collateral, whether now owned or hereafter acquired by Borrower and wherever located, and all products and proceeds thereof:

Appears in 4 contracts

Samples: Express Credit, Express Credit, Express Credit

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.