Security Interest and Mortgage. Company hereby acknowledges and agrees that (a) the security interests granted to the holders of the Existing Debentures and Debentures pursuant to the Existing Security Agreement applies to and covers the obligations of the Company to the Purchasers evidenced by the Additional Debentures, (b) upon the filing of the Amendment to the Existing Mortgage (as defined in the Purchase Agreement), the liens granted to the Purchasers pursuant to the Existing Mortgage applies to and covers the obligations of the Company to the Purchasers evidenced by the Additional Debentures and (c) the Additional Debentures rank pari passu to the Existing Debentures and the Debentures.
Appears in 5 contracts
Samples: Additional Issuance Agreement (Rennova Health, Inc.), Additional Issuance Agreement (Rennova Health, Inc.), Additional Issuance Agreement (Rennova Health, Inc.)
