General Business Security Agreement Sample Contracts

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Cancer Genetics, Inc – General Business Security Agreement (December 30th, 2011)

THIS SECURITY AGREEMENT is entered into as of the 23rd day of March, 2011, by and between Cancer Genetics, Inc., a Delaware corporation (Borrower), in favor of DAM Holdings, LLC, a Wisconsin limited liability company (Lender).

Cellectar Biosciences, Inc. – General Business Security Agreement (July 1st, 2011)

In consideration of any financial accommodation at any time granted by Wisconsin Department of Commerce ("Lender") to Cellectar, Inc.("Borrower"), each of the undersigned ("Debtor," whether one or more) grants Lender a security interest in all equipment, fixtures, inventory, documents, general intangibles, accounts, deposit accounts (unless a security interest would render a nontaxable account taxable), contract rights, chattel paper, patents, trademarks and copyrights (and the good will associated with and registrations and licenses of any of them), instruments, letter of credit rights and investment property, now owned or hereafter acquired by Debtor (or by Debtor with spouse), and all additions and accessions to, all spare and repair parts, special tools, equipment and replacements for, software used in, all returned or repossessed goods the sale of which gave rise to and all proceeds, supporting obligations and products of the foregoing ("Collateral"), wherever located, to secure a

General Business Security Agreement (September 17th, 2009)

In consideration of any financial accommodation at any time granted by Wisconsin Department of Commerce ("Lender") to Telkonet, Inc. ("Borrower"), each of the undersigned ("Debtor," whether one or more) grants Lender a security interest in all equipment, fixtures, inventory, documents, general intangibles, accounts, deposit accounts (unless a security interest would render a nontaxable account taxable), contract rights, chattel paper, patents, trademarks and copyrights (and the good will associated with and registrations and licenses of any of them), instruments, letter of credit rights and investment property, now owned or hereafter acquired by Debtor (or by Debtor with spouse), and all additions and accessions to, all spare and repair parts, special tools, equipment and replacements for, software used in, all returned or repossessed goods the sale of which gave rise to and all proceeds, supporting obligations and products of the foregoing ("Collateral"), wherever located, to secure a

Lender Shall Have Received the Following Security Documents (The "Security Documents") in Form and Substance Satisfactory to Lender: Promissory Note(s); General Business Security Agreement; UCC Financing Statements as Required by Lender; Organization Perfection Certificate; And Deed of Trust on Property Located at 112 & 136 Chesterfield Industrial Blvd., Chesterfield, MO 63005. (November 24th, 2008)
Advanced Biotherapy – General Business Security Agreement (December 21st, 2007)

In consideration of any financial accommodation at any time granted by Advanced Biotherapy, Inc., a Delaware corporation ("Lender"), to Organic Farm Marketing, LLC, a Wisconsin limited liability company ("Debtor"), Debtor hereby grants Lender a security interest in all equipment, fixtures, inventory, documents, general intangibles, accounts, deposit accounts, contract rights, chattel paper, patents, trademarks and copyrights (and the good will associated with and registrations and licenses of any of them), instruments, letter of credit rights and investment property, now owned or hereafter acquired by Debtor, and all additions and accessions to, all spare and repair parts, special tools, equipment and replacements for software used in, all returned or repossessed goods, together with all proceeds, supporting obligations and products of the foregoing ("Collateral"), wherever located, to secure all debts, obligations

Siboney – General Business Security Agreement (August 11th, 2006)

The undersigned ("Debtor", whether one or more) grants SOUTHWEST BANK OF ST. LOUIS ("Lender") a security interest in all equipment, fixtures, investment property, general intangibles, accounts, contract rights, chattel paper, instruments, inventory deposit accounts (unless a security interest would render a nontaxable account taxable), letter of credit rights and documents now owned or hereafter acquired by Debtor (or by Debtor with spouse), and all additions and accessions to, all spare and repair parts, special tools, equipment and replacements for, software used in, all returned or repossessed goods the sale of which give rise to, and all proceeds, supporting obligations and products of the foregoing ("Collateral"), wherever located, to secure all debts, obligations and liabilities of any Debtor to Lender arising out of credit p

Contract (July 20th, 2005)

Exhibit 10.2 GENERAL BUSINESS SECURITY AGREEMENT This General Business Security Agreement (this "Security Agreement") is made as of this 15th day of July, 2005, by MEDSOLUTIONS, INC., a Texas corporation, on behalf of itself and its Subsidiaries (MedSolutions, Inc. and its Subsidiaries are collectively referred to herein as the "Borrower"), in favor of TATE INVESTMENTS, LLC, a Wisconsin limited liability company (the "Lender"). R E C I T A L S: WHEREAS, Borrower wishes to secure: (i) the payment of all indebtedness evidenced by its One Million Dollars ($1,000,000) 10% Senior Convertible Note, payable to the Lender, and any promissory notes taken in renewal, exchange or substitution thereof or therefor, including interest and premium on all of the foregoing and all costs of collecting the same, (ii) the performance of Borrower's obligations and liabilities hereunder,