Security Interest Documents Clause Samples

Security Interest Documents. The Mortgages and UCC-1 financing statements covering the Collateral shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Loan Documents; and all taxes, fees and other charges in connection with the execution, delivery and filing thereof shall duly have been paid;
Security Interest Documents. Security Agreement Mortgage R▇▇▇▇ Tax Proration Acknowledgement R▇▇▇▇ Settlement Statement H▇▇▇▇▇▇ Settlement Statements (2) Lien Waiver H▇▇▇▇▇▇ Tax Proration Acknowledgement Subsidiaries of the Company State of Organization Ownership Percentage Atlantic Green Power Corporation New Jersey 100% Subsidiaries of Atlantic Green Power Corporation State of Organization Ownership Percentage Q▇▇▇▇▇▇ Solar Energy 1 LLC Q▇▇▇▇▇▇ Solar Energy 2 LLC B▇▇▇▇▇▇ Solar Energy LLC Upper Pittsgrove Solar 1 LLC Upper Pittsgrove Solar 2 LLC Woodstown Solar LLC Delaware Delaware Delaware Delaware Delaware Delaware 15% 100% 20% 100% 100% 100% Prior to February 3, 2010, the Company was known as “Lodestar Mining, Incorporated.” Authorized shares of capital stock: · 250,000,000 shares of Common Stock, par value $.000001 per share · 20,000,000 shares of Preferred Stock, par value $.000001 per share Outstanding shares of capital stock on a fully diluted basis: · 43,528 shares of Common Stock outstanding · Nonqualified option to purchase 200 shares of Common Stock issued to R▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ on February 5, 2010 under the Company’s Equity Incentive Plan · Convertible promissory notes dated October 12, 2010 (as amended on March 30, 2012) issued to Alpha Capital Anstalt and Adventure Ventures LLC in the aggregate principal amount of $500,000, convertible into shares of the Common Stock at a conversion price of $.04 per share (the “Convertible Promissory Notes”) · Warrants dated October 12, 2010 (as amended on March 30, 2012) issued to Alpha Capital Anstalt and Adventure Ventures LLC to purchase an aggregate of up to 535,714 shares of Common Stock at an exercise price of $.04 per share (the “Common Stock Purchase Warrants”) · Promissory note dated February 4, 2011 (as amended March 30, 2012) issued to Whalehaven Capital Fund Limited in the principal amount of $250,000, convertible into shares of Common Stock at a conversion price of $.04 per share (the “Promissory Note”) The Company’s Equity Incentive Plan is the only officer, director, employee and consultant stock option plan currently in effect or contemplated by the Company. Alpha Capital Anstalt and Adventure Ventures LLC each has a right of first refusal and anti-dilution protections under the Subscription Agreement with Atlantic Green Power Holding Company dated October 12, 2010 and anti-dilution protections under the Convertible Promissory Notes and Common Stock Purchase Warrants. Whalehaven Capital Fund Limited has anti-dilution pr...