Security Agreement Sample Contracts

Security Agreement

A security agreement creates an interest in a specific property-- real or personal-- to guarantee the performance of a promise.  The real or personal property becomes the collateral.  Security agreements are routinely use to secure the repayment of a loan.

Z-Trim Holdings, Inc. – Security Agreement (March 29th, 2017)

This SECURITY AGREEMENT (this "Security Agreement"), dated as of March 28, 2017, between AGRITECH WORLDWIDE, INC., a Nevada corporation ("Grantor"), and Jonathan Kahn, individually and in its capacity as Agent for Lenders (as defined below).

Security Agreement (March 27th, 2017)

This SECURITY AGREEMENT (the "Agreement") is made as of March 20, 2017, is executed by and between RENNOVA HEALTH, INC., a corporation incorporated under the laws of the State of Delaware (the "Grantor"), and TCA GLOBAL CREDIT MASTER FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands (the "Secured Party").

Rush Enterprises, Inc. – Security Agreement (March 27th, 2017)

This SECURITY AGREEMENT, dated as of March 21, 2017 (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement"), is made by each of the Grantors referred to below in favor of BMO HARRIS BANK N.A. ("BMO"), in its capacity as administrative agent for the Credit Parties (as defined in the Credit Agreement referred to below) (in such capacity, together with its successors and assigns in such capacity, if any, the "Administrative Agent").

American Access Technologies – Security Agreement (March 27th, 2017)

This Security Agreement (the Agreement) is made and entered into on March 23, 2017, by and between M&I Electric Industries, Inc., a Texas corporation (the Debtor), and HD Special-Situations III, LP, a Delaware limited partnership, and its permitted endorsees, transferees and assigns (collectively, the Secured Party).

American Access Technologies – Security Agreement (March 27th, 2017)

This Security Agreement (the Agreement) is made and entered into on March 23, 2017, by and between South Coast Electric Systems, LLC, a Delaware limited liability company (the Debtor), and HD Special-Situations III, LP, a Delaware limited partnership, and its permitted endorsees, transferees and assigns (collectively, the Secured Party).

American Access Technologies – Security Agreement (March 27th, 2017)

This Security Agreement (the Agreement) is made and entered into on March 23, 2017, by and between American Electric Technologies, Inc., a Florida corporation (the Debtor), and HD Special-Situations III, LP, a Delaware limited partnership, and its permitted endorsees, transferees and assigns (collectively, the Secured Party).

Z-Trim Holdings, Inc. – Security Agreement (March 17th, 2017)

This SECURITY AGREEMENT (this "Security Agreement"), dated as of March 15, 2017, between AGRITECH WORLDWIDE, INC., a Nevada corporation ("Grantor"), and Jonathan Kahn, individually and in its capacity as Agent for Lenders (as defined below).

Security Agreement (March 16th, 2017)

This SECURITY AGREEMENT, dated as of March __, 2017 (this "Agreement"), is among Rennova Health, Inc., a Delaware corporation (the "Company"), all of the Subsidiaries of the Company (such subsidiaries, the "Guarantors" and together with the Company, the "Debtors") and the holders of the Company's Original Issue Discount Senior Secured Convertible Debentures due two years following their issuance, in the original aggregate principal amount of up to $17,360,000 (collectively, the "Debentures") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

Fluoropharma Medical, Inc. – Security Agreement (March 15th, 2017)

THIS SECURITY AGREEMENT is entered into as of February __, 2016 (the "Security Agreement"), by and between the undersigned creditors ("Creditors"), and FLUOROPHARMA MEDICAL, INC., a Nevada corporation, located at 8 Hillside Avenue, Suite 108, Montclair, NJ 07042 (the "Borrower").

SECURITY AGREEMENT Dated as of December 30, 2016 Among T2 BIOSYSTEMS, INC., as Borrower, the Other Grantors From Time to Time Party Hereto and CRG SERVICING LLC, as Administrative Agent and Collateral Agent (March 15th, 2017)

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CareDx, Inc. – Security Agreement (March 15th, 2017)

This SECURITY AGREEMENT, dated as of March 15, 2017 (as may be amended or restated from time to time, this Agreement), is by and among CareDx, Inc., a Delaware corporation (the Company), any Subsidiaries of the Company that now or at anytime hereafter agree to guarantee the Companys obligations under the Debentures and/or any documents or instruments associated therewith (such Subsidiaries, the Guarantors and together with the Company, the Debtors), the holders of the Companys 9.5% Original Issue Discount Senior Secured Debentures due February 28, 2020, in the original aggregate principal amount of $27,780,000 (collectively, the Debentures) that are signatories hereto, their endorsees, transferees and assigns (the Purchasers), and JGB Collateral, LLC, a Delaware limited liability company, in its capacity as agent for the Purchasers (Agent and collectively with the Purchasers, the Secured Parties).

Security Agreement (March 13th, 2017)

This Security Agreement (this "Agreement") is entered into effective as of March 7, 2017 (the "Effective Date") by and between Singular Payments, LLC, a Florida limited liability company ("Debtor"), and Payment Data Systems, Inc., a Nevada corporation ("Secured Party").

Term Loan Security Agreement (March 10th, 2017)

AMENDED AND RESTATED TERM LOAN SECURITY AGREEMENT, originally dated as of April 23, 2013 and amended and restated as of March 7, 2017 among TOWER AUTOMOTIVE HOLDINGS USA, LLC (the "Borrower"), the GUARANTORS party hereto and CITIBANK, N.A., as agent (in such capacity, the "Agent").

Foreclosure Solutions – Security Agreement (March 7th, 2017)

This Security Agreement (this "Agreement"), dated as of March 1, 2017, is executed by CV Sciences, Inc., a Delaware corporation ("Debtor"), in favor of Iliad Research and Trading, L.P., a Utah limited partnership ("Secured Party").

Ecosphere Technologies – Security Agreement (March 6th, 2017)

This Security Agreement (the Agreement) is entered into as of this 28th day of February, 2017 by and between Ecosphere Technologies, Inc., a Delaware corporation (Ecosphere), and Brisben Water Solutions LLC (the Lender and together with Ecosphere, the Parties). The Parties hereby agree as follows:

America First Tax Exempt Investors, L.P. – Security Agreement (March 3rd, 2017)

THIS SECURITY AGREEMENT is made and entered into as of December 14, 2016 by America First Multifamily Investors, L.P. (hereinafter "Debtor") to and in favor of Bankers Trust Company (hereinafter "Bank").

Uluru Inc – Security Agreement (March 1st, 2017)

THIS SECURITY AGREEMENT (this "Security Agreement") is entered into effective as of February 27, 2017, by and between Velocitas Partners LLC, a Delaware limited liability company (together with its successors and/or assigns, the "Lender"), ULURU INC., a Nevada corporation (the "Borrower"), Cardinia Acquisition Corp., a Delaware corporation ("Cardinia") and ULURU Delaware Inc. ("ULULU DE", and together with the Borrower and Cardinia, the "Borrower Entities").

Security Agreement (February 28th, 2017)

This SECURITY AGREEMENT (this Agreement), dated as of April 16, 2014, among the Persons listed on the signature pages hereof as Grantors and those additional entities that hereafter become parties hereto by executing the form of Joinder attached hereto as Annex 1 (each, a Grantor and collectively, the Grantors), and U.S. BANK NATIONAL BANK (US Bank), in its capacity as Collateral Agent (in such capacity, together with its successors and assigns in such capacity, Agent).

Gardner Denver Holdings, Inc. – Security Agreement (February 28th, 2017)

THIS SECURITY AGREEMENT, dated as of July 30, 2013, among Renaissance Parent Corp, a Delaware corporation (Holdings), Renaissance Acquisition Corp., which on the Closing Date shall be merged with Gardner Denver, Inc. (with Gardner Denver, Inc. as the merged company, the U.S. Borrower), each of the Subsidiaries listed on the signature pages hereto or that becomes a party hereto pursuant to Section 8.14 (each such entity being a Subsidiary Grantor and, collectively, the Subsidiary Grantors; the Subsidiary Grantors and the U.S. Borrower are referred to collectively as the Grantors), and UBS AG, Stamford Branch, as collateral agent (in such capacity, the Collateral Agent) for the benefit of the Secured Parties.

BioDelivery Sciences International, Inc. – SECURITY AGREEMENT Dated as of February 21, 2017 Among BIODELIVERY SCIENCES INTERNATIONAL, INC. The Other Grantors From Time to Time Party Hereto and CRG SERVICING LLC, as Administrative Agent and Collateral Agent (February 27th, 2017)

SECURITY AGREEMENT (this Agreement) dated as of February 21, 2017, among BIODELIVERY SCIENCES INTERNATIONAL, INC., a Delaware corporation (Borrower), the undersigned guarantors (collectively with Borrower and each entity that becomes a Grantor hereunder as contemplated by Section 5.12, the Grantors and each, a Grantor), and CRG Servicing LLC, a Delaware limited liability company (CRG Servicing), as administrative agent and collateral agent for the Lenders (in such capacities, together with its successors and assigns, Administrative Agent).

Helix TCS, Inc. – Security Agreement (February 24th, 2017)

This SECURITY AGREEMENT, dated as of February 13, 2017 (this "Agreement"), is among Helix TCS, Inc., a Delaware corporation (the "Company"), all of the Subsidiaries of the Company (such subsidiaries, the "Guarantors" and, together with the Company, the "Debtors") and RedDiamond Partners, LLC, its endorsees, transferees, and assigns (collectively, the "Secured Parties").

Security Agreement (February 17th, 2017)

THIS SECURITY AGREEMENT (the "Security Agreement") is executed as of February 15, 2017, by and between WSI INDUSTRIES, INC., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called "Borrower") does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called "Lender"), a security interest in the following described property (hereinafter called "Collateral"):

Security Agreement (February 17th, 2017)

THIS SECURITY AGREEMENT (the "Security Agreement") is executed as of February 15, 2017, by and between WSI INDUSTRIES, CO., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called "Guarantor") does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called "Lender"), a security interest in the following described property (hereinafter called "Collateral"):

Security Agreement (February 17th, 2017)

THIS SECURITY AGREEMENT (the "Security Agreement") is executed as of February 15, 2017, by and between WSI ROCHESTER, INC., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called "Guarantor") does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called "Lender"), a security interest in the following described property (hereinafter called "Collateral"):

Security Agreement (February 15th, 2017)

This SECURITY AGREEMENT, dated as of February 13, 2017 (this "Agreement"), is among RiceBran Technologies, a California corporation (the "Company"), all of the wholly-owned Subsidiaries of the Company (such subsidiaries, the "Guarantors" and together with the Company, the "Debtors") and the holders of the Company's Senior Secured Debentures due two (2) years following their issuance, in the original aggregate principal amount of $6,600,000.00 (collectively, the "Debentures") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

Smart Server, Inc – Security Agreement (February 14th, 2017)

THIS SECURITY AGREEMENT (the "Agreement"), made this 8th day of February, 2017, by and between NEXTGEN PRO, LLC, a Delaware limited liability company, with an address of 4521 Sharon Road, Suite 370, Charlotte, North Carolina 28211 ("Debtor"), and NEXTGEN DEALER SOLUTIONS, LLC, a Delaware limited liability company, with an address of 1431 Greenway Drive, Suite 775, Irving, Texas 75038 (the "Secured Party").

ABT Holdings, Inc. – Security Agreement (February 14th, 2017)

This SECURITY AGREEMENT, dated as of October 7, 2016 (this "Agreement"), is among ABT HOLDINGS, INC., an Idaho corporation (the "Company"), all of the Subsidiaries of the Company (such subsidiaries, the "Guarantors" and together with the Company, the "Debtors") and the holders of the Company's 8% Senior Secured Convertible Debenture Due October 1, 2018, in the original aggregate principal amount of $5,800,000 (collectively and as they may be amended, restated, supplemented or otherwise modified from time to time, the "Debentures") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

American Riding Tours Inc – Security Agreement for Tangible Personal Property (February 10th, 2017)

THIS SECURITY AGREEMENT (hereinafter, with all amendments thereto, being referred to as "this Agreement") dated April 27, 2016 is between CANNAVOICES, INC., (hereinafter referred to as "Borrower") and HIT SUM TO ME, LLC (hereinafter referred to as "Lender"), who state:

Xg Technology Inc – Security Agreement (February 6th, 2017)

XG TECHNOLOGY, INC., a corporation organized under the laws of the State of Delaware having an address at 240 South Pineapple Avenue, Suite 701, Sarasota, FL 34236 ("Debtor"), hereby grants to ________, a corporation organized under the laws of ______________ having an address at ______________ ("Secured Party"), to secure the payment and performance of all obligations of Debtor to Secured Party under that certain Promissory Note dated _____________ _____, 2017 in the original stated principal amount of $_________ as may be amended, restated, replaced or otherwise supplemented or modified (the "Note"), and this Agreement, whether now existing or hereafter arising or acquired, together with all interest that accrues after the commencement of any case, proceeding or other action under any bankruptcy or other insolvency law, whether or not the payment of such interest is unenforceable or is not allowable due to the existence of such case, proceeding or other action (collectively, the "Sec

Lion Consulting Group – SECURITY AGREEMENT (In Favor of YA II PN, Ltd.) (February 1st, 2017)

THIS SECURITY AGREEMENT (the "Agreement") is entered into as of January 25, 2017 by and among (i) Cantabio Pharmaceuticals Inc., a Delaware corporation (the "Issuer"), and (ii) any subsidiary and affiliate of the Issuer listed on Schedule 1 attached hereto either now or joined in the future (the "Subsidiaries"; and jointly, severally, and collectively with the Issuer, the "Grantors") in favor of YA II PN, Ltd., a Cayman Islands company (the "Secured Party").

Frankly Inc – Security Agreement (February 1st, 2017)

This SECURITY AGREEMENT ("this Security Agreement") is made as of the 31st day of August, 2016, by FRANKLY INC., a corporation existing under the laws of the Province of British Columbia ("Debtor"), in favor of RAYCOM MEDIA, INC., a Delaware corporation ("Lender"), under that certain Credit Agreement dated August 31, 2016 (as it may be amended or supplemented from time to time, the "Credit Agreement") by and among Debtor.

Frankly Inc – Security Agreement (February 1st, 2017)

This SECURITY AGREEMENT ("this Security Agreement") is made as of the 31st day of August, 2016, by FRANKLY MEDIA LLC, a limited liability company existing under the laws of the state of Delaware ("Debtor"), in favor of RAYCOM MEDIA, INC., a Delaware corporation ("Lender"), under that certain Credit Agreement dated August 31, 2016 (as it may be amended or supplemented from time to time, the "Credit Agreement") by and among Frankly Inc., a British Columbia corporation ("Borrower").

Frankly Inc – Security Agreement (February 1st, 2017)

This SECURITY AGREEMENT ("this Security Agreement") is made as of the 31st day of August, 2016, by FRANKLY CO., a corporation existing under the laws of the state of Delaware ("Debtor"), in favor of RAYCOM MEDIA, INC., a Delaware corporation ("Lender"), under that certain Credit Agreement dated August 31, 2016 (as it may be amended or supplemented from time to time, the "Credit Agreement") by and among Frankly Inc., a British Columbia corporation ("Borrower").

Madison Square Garden Co – SECURITY AGREEMENT Dated as of January 25, 2017, Between NEW YORK RANGERS, LLC and JPMORGAN CHASE BANK, N.A., as Collateral Agent (January 27th, 2017)

SECURITY AGREEMENT, dated as of January 25, 2017 (this Agreement), between NEW YORK RANGERS, LLC, a Delaware limited liability company (the Grantor), and JPMORGAN CHASE BANK, N.A., as Collateral Agent (the Collateral Agent).

SECURITY AGREEMENT DATED JANUARY 27, 2017 Between VECTOR TOBACCO INC. And U.S. BANK NATIONAL ASSOCIATION as Collateral Agent (January 27th, 2017)