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Common use of Springing Security Interest Clause in Contracts

Springing Security Interest.

Appears in 2 contracts

Sources: Security Agreement (Applied Digital Corp.), Credit Agreement (Nautilus, Inc.)

Related Clauses

  • Continuing Security Interest
  • Collateral; Security Interest
  • Valid Security Interest
  • Perfected Security Interest
  • Security Interests Absolute

Parent Clauses

  • Security Interest
  • Amount and Terms of Credit
  • Defined Terms
  • Amendments to Credit Agreement
  • Definitions

Sub-Clauses

  • Grant of Security Interest
  • Generally
  • Perfection of Security Interests of Agent and the Lenders
  • Automatic and Retroactive Effect
  • Authorization to File Financing Statements
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