Common use of TO SECURE Clause in Contracts

TO SECURE. Payment of the indebtedness of the sum of $3,600,000.00 owed by Debtor to Secured Party, with interest, evidenced by a promissory note from Debtor to Secured Party, dated of even date herewith (the "Note"), together with any and all renewals and extensions of the Note; and

Appears in 1 contract

Sources: Security Agreement (Worldwide Web Networx Corp)

TO SECURE. Payment of the indebtedness of the sum of $3,600,000.00 75,000.00 owed by Debtor to Secured Party, with interest, evidenced by a promissory note from Debtor to Secured Party, dated of even date herewith (the "Note"), together with any and all renewals and extensions of the Note; and

Appears in 1 contract

Sources: Security Agreement (Worldwide Web Networx Corp)