General Security Agreement Sample Contracts

Cpi Aerostructures Inc – CONTINUING GENERAL SECURITY AGREEMENT (December 27th, 2018)

GRANT OF SECURITY INTEREST. For valuable consideration, the undersigned, WELDING METALLURGY, INC. and COMPAC DEVELOPMENT CORP. (collectively, the “Grantor”) each hereby pledges and grants to BANKUNITED, N.A., as Administrative Agent and Collateral Agent for the benefit of the Lenders (the “Agent”), as defined in and party to that certain Amended and Restated Credit Agreement among CPI Aerostructures, Inc. and the Lenders dated as of March 24, 2016 (as amended from time to time, the “Credit Agreement”), a security interest in the Collateral to secure the Indebtedness (inclusive of obligations arising under any Swap Contract as defined in the Credit Agreement) and agrees that Agent shall have the rights stated in this Agreement and the Credit Agreement with respect to the Collateral, in addition to all other rights which Agent may have by law.

Aemetis, Inc – GENERAL SECURITY AGREEMENT made by AEMETIS PROPERTY KEYES, INC., as a Grantor THE OTHER GRANTORS FROM TIME TO TIME PARTY HERETO in favor of THIRD EYE CAPITAL CORPORATION, as Agent Dated as of December 3, 2018 (December 7th, 2018)

This GENERAL SECURITY AGREEMENT, (the “Agreement”) dated as of December 3, 2018, is made by Aemetis Property Keyes, Inc., a Delaware corporation (the “Company”), as a grantor, and any subsidiary of the Company that may from time to time become party hereto (in accordance with Section 8.14 hereof) as a grantor (collectively with the Company, the “Grantors”), in favor of THIRD EYE CAPITAL CORPORATION, as administrative agent and collateral agent for and on behalf of the Noteholders (as defined in the Note Purchase Agreement referred to below) (in such aforesaid capacities, or any successor or assign in such capacities, the “Agent”).

Body & Mind Inc. – GENERAL SECURITY AGREEMENT (December 4th, 2018)

NOW THEREFORE for valuable consideration, the receipt and sufficiency of which are acknowledged by each party, the Debtor enters into this Agreement with the Secured Party as follows:

Industrial Services of America Inc – GENERAL SECURITY AGREEMENT (November 13th, 2018)

This GENERAL SECURITY AGREEMENT, dated as of November 9, 2018 as this agreement may be amended, restated, supplemented or otherwise modified from time to time, this “Security Agreement”), by and between ISA INDIANA REAL ESTATE LLC, a Kentucky limited liability company (“ISA IN Real Estate”), ISA LOGISTICS LLC, a Kentucky limited liability company (“ISA Logistics”), ISA INDIANA, INC., an Indiana corporation (“ISA Indiana”), ISA REAL ESTATE, LLC, a Kentucky limited liability company (“ISA Real Estate”), 7021 GRADE LANE LLC, a Kentucky limited liability company (“7021 Grade Lane” and, together with IS IN Real Estate, ISA Logistics, ISA Indiana, and ISA Real Estate, individually and collectively, “Grantor”) and BANK OF AMERICA, N.A. (together with its successors and assigns, collectively, “Lender”).

AquaBounty Technologies, Inc. – GENERAL SECURITY AGREEMENT (November 2nd, 2018)

AQUA BOUNTY CANADA INC., a body corporate duly incorporated pursuant to the laws of the Province of Newfoundland and Labrador (the “Debtor”)

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (August 21st, 2018)

Bank/Secured Party: M&T Bank, a New York banking corporation with its banking offices at One M&T Plaza, Buffalo, New York 14203 Attention: Office of General Counsel.

CURO Group Holdings Corp. – Dated as of August 2, 2018 among CURO CANADA RECEIVABLES LIMITED PARTNERSHIP, by its general partner, CURO CANADA RECEIVABLES GP INC. as Borrower and WATERFALL ASSET MANAGEMENT, LLC as Administrative Agent GENERAL SECURITY AGREEMENT (August 6th, 2018)

THIS GENERAL SECURITY AGREEMENT (this Agreement) is dated as of August 2, 2018 and made between CURO CANADA RECEIVABLES LIMITED PARTNERSHIP, by its general partner, CURO CANADA RECEIVABLES GP INC., a partnership duly formed under the laws of the Province of Ontario (the “Borrower”), in favour of WATERFALL ASSET MANAGEMENT, LLC, as administrative agent (the “Administrative Agent”) for the ratable benefit of the Secured Parties (as defined herein).

Main Street Capital CORP – THIRD AMENDED AND RESTATED GENERAL SECURITY AGREEMENT (June 6th, 2018)

This THIRD AMENDED AND RESTATED GENERAL SECURITY AGREEMENT, dated as of June 5, 2018 (this “Agreement”), is made among MAIN STREET CAPITAL CORPORATION, a Maryland corporation (the “Borrower”), MAIN STREET CAPITAL PARTNERS, LLC, a Delaware limited liability company, MAIN STREET EQUITY INTERESTS, INC., a Delaware corporation, MAIN STREET CA LENDING, LLC, a Delaware limited liability company, and MS INTERNATIONAL HOLDINGS, INC., a Delaware corporation (collectively, the “Guarantor-Grantors”, and the Borrower and the Guarantor-Grantors being collectively called the “Grantors”), and BRANCH BANKING AND TRUST COMPANY (“BB&T”), acting as agent (in such capacity, the “Administrative Agent”) for itself and for the other Secured Parties as defined herein.

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (May 25th, 2018)

Bank/Secured Party: M&T Bank, a New York banking corporation with its banking offices at One M&T Plaza, Buffalo, New York 14203 Attention: Office of General Counsel.

Duluth Holdings Inc. – GENERAL SECURITY AGREEMENT (May 22nd, 2018)

This General Security Agreement (this “Agreement”) is dated as of May 17, 2018, by and between DULUTH HOLDINGS INC., a Wisconsin corporation (“Debtor”), with its mailing address as set forth in Section 10(c) hereof, and BMO HARRIS BANK N.A., a national banking association, as Administrative Agent for the Secured Parties (as hereinafter defined) (in such capacity, together with its successors and assigns in such capacity, if any, “Agent”), with its mailing address as set forth in Section 10(c) hereof.

Precipio, Inc. – GENERAL SECURITY AGREEMENT (April 26th, 2018)

GENERAL SECURITY AGREEMENT dated April 20, 2018, by and between Precipio, Inc., a Delaware corporation, with headquarters located at 4 Science Park, New Haven, CT 06511 (the “Debtor”), and the investors set forth on Schedule A hereof (collectively, the “Secured Party”).

Precipio, Inc. – GENERAL SECURITY AGREEMENT (April 23rd, 2018)

GENERAL SECURITY AGREEMENT dated April 20, 2018, by and between Precipio, Inc., a Delaware corporation, with headquarters located at 4 Science Park, New Haven, CT 06511 (the “Debtor”), and the investors set forth on Schedule A hereof (collectively, the “Secured Party”).

Micron Solutions Inc /De/ – GENERAL SECURITY AGREEMENT (March 26th, 2018)

THIS GENERAL SECURITY AGREEMENT (this “Agreement”) is dated as of December 29, 2017 between Micron Solutions, Inc., a Delaware corporation (the “Debtor”) and Rockland Trust Company, a Massachusetts trust company (together with its successors and assigns, the “Secured Party”).

RumbleON, Inc. – GENERAL SECURITY AGREEMENT (February 23rd, 2018)

For the purpose of securing the payment and performance of any and all obligations, loans, credit extensions, indebtedness, liabilities, and duties, whether contingent or matured, now or hereafter owing to Ally Bank (Ally Capital in Hawaii, Mississippi, Montana and New Jersey) or Ally Financial, Inc. (collectively, the “Ally Parties”), and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, RumbleOn, Inc., conducting business at 4521 Sharon Road, Suite 370, Charlotte, NC 28211, (“Dealer”), grants to the Ally Parties a security interest in, and a collateral assignment of, any and all of the following described property in which Dealer now or hereafter acquires an interest, wherever located, in whatever form, and in any and all proceeds thereof: all inventory; equipment; fixtures; accounts, including factory open accounts of Dealer; accounts with banks and other financial institutions; cash and cash equivalents; general intangibles; all docum

Corning Natural Gas Holding Corp – AMENDED AND RESTATED GENERAL SECURITY AGREEMENT (December 6th, 2017)

Bank/Secured Party: M&T Bank, a New York banking corporation with its banking offices at One M&T Plaza, Buffalo, New York 14203 Attention: Office of General Counsel.

Visualant Inc – GENERAL SECURITY AGREEMENT (August 18th, 2017)

This GENERAL SECURITY AGREEMENT (the “Agreement”) is dated August 14, 2017, by and between Visualant, Incorporated, a Nevada corporation (“Debtor”), and the undersigned lender set forth on Schedule A hereto (collectively, the “Secured Party”) and shall be effective upon the filing of a UCC-3 termination statement to terminate the security interest held by Capital Source Business Finance Group in all of the assets of the Debtor (the “Effective Date”).

Aemetis, Inc – GENERAL SECURITY AGREEMENT made by AEMETIS ADVANCED PRODUCTS KEYES, INC., as a Grantor THE OTHER GRANTORS FROM TIME TO TIME PARTY HERETO in favor of THIRD EYE CAPITAL CORPORATION, as Agent Dated as of July 10, 2017 (July 14th, 2017)

This GENERAL SECURITY AGREEMENT, (the “Agreement”) dated as of July 10, 2017, is made by Aemetis Advanced Products Keyes, Inc., a Delaware corporation (the “Company”), as a grantor, and each other Person that may from time to time become party hereto as a grantor (collectively with the Company, the “Grantors”), in favor of THIRD EYE CAPITAL CORPORATION, as administrative agent and collateral agent for and on behalf of the Noteholders (as defined in the Note Purchase Agreement referred to below) (in such aforesaid capacities, or any successor or assign in such capacities, the “Agent”).

Aemetis, Inc – GENERAL SECURITY AGREEMENT made by AEMETIS, INC., as a Grantor THE OTHER GRANTORS FROM TIME TO TIME PARTY HERETO in favor of THIRD EYE CAPITAL CORPORATION, as Agent Dated as of July 10, 2017 (July 14th, 2017)

This GENERAL SECURITY AGREEMENT, (the “Agreement”) dated as of July 10, 2017, is made by Aemetis, Inc., a Nevada corporation (the “Company”), as a grantor, and each other Person that may from time to time become party hereto as a grantor (collectively with the Company, the “Grantors”), in favor of THIRD EYE CAPITAL CORPORATION, as administrative agent and collateral agent for and on behalf of the Noteholders (as defined in the Note Purchase Agreement referred to below) (in such aforesaid capacities, or any successor or assign in such capacities, the “Agent”).

Mantra Venture Group Ltd. – GENERAL SECURITY AGREEMENT (May 1st, 2017)

GENERAL SECURITY AGREEMENT dated _____, 2017, by and between Mantra Venture Group Ltd., a British Columbia corporation, with headquarters located at c/o AW Solutions, Inc., 300 Crown Oak Centre Drive, Longwood, Florida 32750 (the “Debtor”), and the investors set forth on Schedule A hereof (collectively, the “Secured Party”).

Niocorp Developments Ltd – GENERAL SECURITY AGREEMENT (April 12th, 2017)

NIOCORP DEVELOPMENTS LTD., a corporation incorporated under the laws of British Columbia with an office at 7000 South Yosemite Street, Suite 115, Centennial, CO, USA 80112

Female Health Co – General Security Agreement (December 1st, 2016)

This General Security Agreement (the “Agreement”) is dated as of November 28, 2016, between ASPEN PARK PHARMACEUTICALS, INC., a Delaware corporation (the “Debtor”), with its mailing address as set forth in Section 12(b) hereof, and BMO Harris Bank N.A., a national banking association (the “Secured Party”), with its mailing address as set forth in Section 12(b) hereof.

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (September 7th, 2016)

Bank/Secured Party: M&T Bank, a New York banking corporation with its banking offices at One M&T Plaza, Buffalo, New York 14203 Attention: Office of General Counsel.

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (September 7th, 2016)

Bank/Secured Party: M&T Bank, a New York banking corporation with its banking offices at One M&T Plaza, Buffalo, New York 14203 Attention: Office of General Counsel.

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (August 15th, 2016)

For value given by FIVE STAR BANK (“Bank”), a New York banking corporation with an office and principal place of business located at 55 North Main Street, Warsaw, New York 14569, and Leatherstocking Gas Company, LLC, a New York limited liability company with an address of 330 West William Street, Corning, New York 14830 (“Pledgor” or “Debtor”) hereby agrees as follows:

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (August 15th, 2016)

For value given by FIVE STAR BANK (“Bank”), a New York banking corporation with an office and principal place of business located at 55 North Main Street, Warsaw, New York 14569, and Leatherstocking pipeline Company, LLC, a Pennsylvania limited liability company with an address of 330 West William Street, Corning, New York 14830 (“Pledgor” or “Debtor”) hereby agrees as follows:

Quest Solution, Inc. – MOVABLE HYPOTHEC AND GENERAL SECURITY AGREEMENT (July 22nd, 2016)

This Movable Hypothec and General Security Agreement (the “Agreement”), dated as of July 1, 2016, is entered into between Quest Solution Canada Inc., a Canadian corporation (“Quest Solution Canada”), Quest Exchange Ltd., a Canadian Corporation (“Quest Exchange”), Quest Solution, Inc., a Delaware corporation (“Quest Solution”), Bar Code Specialties, Inc., a California corporation (“Bar Code”), and Quest Marketing, Inc., an Oregon corporation (“Quest Marketing”) (each, a “Debtor” and collectively, the “Debtors”) in favor of ScanSource, Inc., a South Carolina Corporation (“Secured Party”).

Quest Solution, Inc. – UNIVERSAL MOVABLE HYPOTHEC AND GENERAL SECURITY AGREEMENT (July 22nd, 2016)

This Universal Movable Hypothec and General Security Agreement (the “Agreement”), dated as of July 1, 2016, is entered into between Quest Solution Canada Inc., a Canadian corporation (“Quest Solution Canada”), Quest Exchange Ltd., a Canadian Corporation (“Quest Exchange”), Quest Solution, Inc., a Delaware corporation (“Quest Solution”), Bar Code Specialties, Inc., a California corporation (“Bar Code”), and Quest Marketing, Inc., an Oregon corporation (“Quest Marketing”) (each, a “Debtor” and collectively, the “Debtors”) in favor of ScanSource, Inc., a South Carolina Corporation (“Secured Party”).

Schnitzer Steel Industries Inc – GENERAL SECURITY AGREEMENT (April 7th, 2016)

Bank of America, N.A. in its capacity as collateral agent (the "Agent") for and on behalf of and for the benefit of the Secured Parties (as defined below)

Cpi Aerostructures Inc – AMENDED AND RESTATED CONTINUING GENERAL SECURITY AGREEMENT (March 28th, 2016)

WHEREAS, CPI AEROSTRUCTURES, INC. executed and delivered to Santander Bank, N.A., successor by merger to Sovereign Bank, N.A. (as agent for the lenders in connection therewith, the “Prior Lender”) a prior security agreement which granted security interests in certain personal property and which prior security agreement is still in full force and effect (“Prior Security Agreement”); and

Gilla Inc. – GENERAL SECURITY AGREEMENT (March 8th, 2016)
Avon Products Inc – TO CREDIT AGREEMENT AND GENERAL SECURITY AGREEMENT (February 23rd, 2016)

THIS FIRST AMENDMENT TO CREDIT AGREEMENT AND GENERAL SECURITY AGREEMENT (this “Amendment”), dated as of December 7, 2015 (the “First Amendment Effective Date”), is entered into by and among Avon Products, Inc., a New York corporation (“API”), Avon International Operations, Inc., a Delaware corporation (the “Borrower”), the Subsidiaries of the Borrower listed on the signature pages hereto (the “Grantors”), each Bank party hereto and Citibank, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) and Collateral Agent (in such capacity, the “Collateral Agent”).

Ember Therapeutics, Inc. - Ny – GENERAL SECURITY AGREEMENT (February 3rd, 2016)

MARIEL THERAPEUTICS, INC., a Delaware corporation ("Mariel") who along with Ember are collectively referred to as the "Debtor")

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (February 2nd, 2016)

Bank/Secured Party: M&T Bank, a New York banking corporation with its banking offices at One M&T Plaza, Buffalo, New York 14203 Attention: Office of General Counsel.

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (October 23rd, 2015)

For value given by FIVE STAR BANK (“Bank”), a New York banking corporation with an office and principal place of business located at 55 North Main Street, Warsaw, New York 14569, and Leatherstocking Gas Company, LLC, a New York limited liability company with an address of 330 West William Street, Corning, New York 14830 (“Pledgor”) hereby agrees as follows:

Corning Natural Gas Holding Corp – GENERAL SECURITY AGREEMENT (October 23rd, 2015)

For value given by FIVE STAR BANK (“Bank”), a New York banking corporation with an office and principal place of business located at 55 North Main Street, Warsaw, New York 14569, and Leatherstocking pipeline Company, LLC, a Pennsylvania limited liability company with an address of 330 West William Street, Corning, New York 14830 (“Pledgor”) hereby agrees as follows: