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.

Security Agreement (July 13th, 2018)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of June ____, 2018, by and among MEDITE Cancer Diagnostics, Inc., a Delaware corporation (the "Company", and together with each of the undersigned direct and indirect Subsidiaries from time to time and any other Person who becomes a party to this Agreement by execution of a joinder in the form of Exhibit A attached hereto being hereinafter sometimes referred to individually as a "Debtor" and, collectively, as the "Debtors"), and GPB Debt Holdings II, LLC, a Delaware limited liability company, in its capacity as Collateral Agent (the "Collateral Agent"), for the Purchasers (collectively with their successors and permitted assigns, the "Secured Party").

Dolphin Digital Media – Security Agreement (July 11th, 2018)

SECURITY AGREEMENT, dated July 5, 2018, by and between Dolphin Entertainment, Inc., a Florida corporation, with headquarters located at 2151 Le Jeune Road, Suite 150-Mezzanine, Coral Gables, FL 33134 (the Debtor), and the investors set forth on Schedule A hereof (collectively, the Secured Party).

MassRoots, Inc. – Security Agreement (July 9th, 2018)

This SECURITY AGREEMENT, dated as of July 5, 2018 (this "Agreement"), is among MassRoots, Inc., a Delaware corporation (the "Company" or the "Debtor"), and the holders of the Company's Convertible Secured Promissory Notes due six (6) months following their issuance, in the aggregate principal amount of $1,650,000 (which includes a 10% original issuance discount) (collectively, the "Notes") signatory hereto, their endorsees, transferees and assigns (each a "Secured Party" and collectively, the "Secured Parties").

Toughbuilt Industries, Inc – Security Agreement (July 9th, 2018)

This SECURITY AGREEMENT, dated as of October 17, 2016 (this "Agreement"), is among ToughBuilt Industries, Inc., a Nevada corporation (the "Company" and including such subsidiaries, that may hereafter be formed, the "Debtors") and the holders of the Company's 8% Original Issue Discount Senior Secured Convertible Debentures due September 1, 2018, in the original aggregate principal amount of $5,700,000 (collectively, the "Debentures") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

None – Security Agreement (July 3rd, 2018)

THIS SECURITY AGREEMENT, dated as of June 28, 2018 (as may be amended from time to time, this "Agreement"), by MIDWEST HOLDING INC., a Nebraska corporation (the "Borrower"), whose primary business address is 2900 South 70th Street, Lincoln, Nebraska 68506, in favor of XENITH HOLDINGS LLC, a Delaware limited liability company (the "Lender").

Loton, Corp – Security Agreement (July 3rd, 2018)

This SECURITY AGREEMENT, dated as of June 29, 2018 (as may be amended or restated from time to time, this "Agreement"), is by and among LiveXLive Media, Inc., a Delaware corporation (the "Company"), any Subsidiaries of the Company that now or at any time hereafter agree to guarantee the Company's 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 Company's 12.75% Original Issue Discount Senior Secured Debentures due June 29, 2021, in the original aggregate principal amount of $10,460,000] (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").

Assignment of and Amendment to Ip Security Agreement (July 3rd, 2018)

THIS ASSIGNMENT OF AND AMENDMENT TO IP SECURITY AGREEMENT (the "Assignment"), is made on June 29, 2018, by and among BANK OF MONTREAL ("Assignor"), BMO HARRIS BANK N.A. ("Assignee"), and TWIN DISC, INCORPORATED, a Wisconsin corporation ("Grantor").

Summit Semiconductor Inc. – Security Agreement Joinder (July 2nd, 2018)

THIS SECURITY AGREEMENT JOINDER dated as of May 16, 2017 (this "Agreement") is entered into by MARCorp Signal, LLC (the "Additional Purchaser") and Summit Semiconductor, LLC (the "Company"), pursuant to the Security Agreement dated as of November 30, 2016 (as amended, amended and restated, supplemented or otherwise modified from time to time, the "Security Agreement"), among the Company and the Purchasers from time to time party thereto. Capitalized terms used herein not otherwise defined herein shall have the meanings ascribed thereto in the Security Agreement.

Summit Semiconductor Inc. – Security Agreement (July 2nd, 2018)

THIS SECURITY AGREEMENT (this "Agreement") dated as of November 30, 2017 is made by and between Summit Semiconductor, LLC (the "Company") and those certain purchasers of Company notes and warrants set forth on the Schedule of Purchasers attached hereto (collectively, the "Purchasers").

Endra Inc. – Security Agreement (July 2nd, 2018)

This SECURITY AGREEMENT (this "Agreement"), dated as of June 28, 2018, is made by and among ENDRA Life Sciences Inc., a Delaware corporation (the "Grantor"), and the secured parties listed on the signature pages hereof (collectively, the "Secured Parties" and each, individually, a "Secured Party").

Summit Semiconductor Inc. – Security Agreement (July 2nd, 2018)

THIS SECURITY AGREEMENT (this "Agreement") dated as of May 17, 2017 is made by and between Summit Semiconductor, LLC (the "Company") and those certain purchasers of Company notes and warrants set forth on the Schedule of Purchasers attached hereto (collectively, the "Purchasers").

Summit Semiconductor Inc. – Security Agreement (July 2nd, 2018)

THIS SECURITY AGREEMENT (this "Agreement") dated as of April 20, 2018, is made by and between Summit Semiconductor, Inc. (the "Company") and the undersigned (the "Purchasers" and each a "Purchaser").

Desert Hawk Gold Corp. – Security Agreement (June 29th, 2018)

This SECURITY AGREEMENT (as amended, modified or otherwise supplemented from time to time, this "Agreement"), dated and effective as of October 14, 2016 made by Desert Hawk Gold Corp., a Nevada corporation ("Debtor"), in favor of Ibearhouse, LLC and West C Street, LLC (the "Secured Parties").

SECURITY AGREEMENT by Aleris International, Inc., as Borrower and THE GUARANTORS PARTY HERETO and DEUTSCHE BANK AG NEW YORK BRANCH, as Collateral Agent Dated as of June 25, 2018 (June 29th, 2018)

This SECURITY AGREEMENT dated as of June 25, 2018 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this Agreement) made by Aleris International, Inc., a Delaware corporation (the Borrower), and the Guarantors from to time to time party hereto (the Guarantors), as pledgors, assignors and debtors (the Borrower, together with the Guarantors, in such capacities and together with any successors in such capacities, the Pledgors, and each, a Pledgor), in favor of Deutsche Bank AG New York Branch in its capacity as Collateral Agent pursuant to the Credit Agreement (as hereinafter defined), as pledgee, assignee and secured party (in such capacities and together with any successors in such capacities, the Collateral Agent).

SECURITY AGREEMENT by Aleris International, Inc., as Issuer and THE GUARANTORS PARTY HERETO and U.S. BANK NATIONAL ASSOCIATION, as Collateral Agent Dated as of June 25, 2018 (June 29th, 2018)

This SECURITY AGREEMENT dated as of June 25, 2018 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this Agreement) made by Aleris International, Inc., a Delaware corporation (the Issuer), and the Guarantors from to time to time party hereto (the Guarantors), as pledgors, assignors and debtors (the Issuer, together with the Guarantors, in such capacities and together with any successors in such capacities, the Pledgors, and each, a Pledgor), in favor of U.S. Bank National Association, in its capacity as collateral agent pursuant to the Indenture (as hereinafter defined), as pledgee, assignee and secured party (in such capacities and together with any successors in such capacities, the Collateral Agent).

Riviera Resources, LLC – First Amendment and Consent Dated as of May 31, 2017 to Credit Agreement and Security Agreement Dated as of February 28, 2017 Among Linn Energy Holdco Ii Llc, as Borrower, Linn Energy Holdco Llc, as Parent, Linn Energy, Inc., as Holdings and Each of the Subsidiary Guarantors Party Hereto From Time to Time, Wells Fargo Bank, National Association, as Administrative Agent, and the Lenders Party Hereto From Time to Time (June 27th, 2018)

THIS FIRST AMENDMENT AND CONSENT TO CREDIT AGREEMENT (this First Amendment), dated as of May 31, 2017, among Linn Energy Holdco II, LLC, a limited liability company duly formed and existing under the laws of the State of Delaware (the Borrower); Linn Energy Holdco LLC, a limited liability company duly formed and existing under the laws of the State of Delaware (Parent); Linn Energy, Inc., a corporation duly formed and existing under the laws of the State of Delaware (Holdings, and collectively and severally with Parent, each a Parent Guarantor); each of the Subsidiaries set forth on the Schedule of Guarantors attached as Annex I to the Credit Agreement, as defined below, or otherwise from time to time party hereto (each a Subsidiary Guarantor, and collectively, the Subsidiary Guarantors); each of the Lenders from time to time party hereto; and Wells Fargo Bank, National Association (in its individual capacity, Wells Fargo), as administrative agent for the Lenders (in such capacity, tog

Parallax Health Sciences, Inc. – Security Agreement (June 22nd, 2018)

This Security Agreement ("Agreement") is made and entered into as of June 18, 2018, by and between PARALLAX HEALTH SCIENCES, INC., a Nevada corporation with its principal place of business located at 1327 Ocean Avenue Suite B, Santa Monica CA 90401 (the "Debtor"), and _______________________________________________________ with an address at ______________________________________ and the other purchasers, if any, identified on the signature pages to the Purchase Agreement (each, including its successors and assigns, a "Secured Party" and collectively the "Secured Parties").

Replimune Group, Inc. – CUMMINGS PROPERTIES, LLC STANDARD FORM COMMERCIAL LEASE Cummings Properties, LLC ("LESSOR") Hereby Leases to Amanda Lane, Weston, MA 02493 ("LESSEE"),the Following Premises, (1nc1ud1nq 12.9\ Common Area) at 18 Commerce Way, Suite 4800, Approximately 3 1941 Square Feet Woburn, MA 01801 ("Premlses1, Lor a Term of Commencing at Noon on Apr11 1 , 2016 30 2021 and Currently Scheduled to Terminate at Noon on Unless Sooner Termila!ed or Extended as herenIJ'(Mded. LESSOR and LESSEE Oow Oownant Ardag;ee That the lob.vi'lg Terms, Cordtions, Cownants, and Obl'gatbns F'terms'1shal Govern This Lease. 1. RE (June 22nd, 2018)
American Brewing Company, Inc. – Security Agreement (June 21st, 2018)

This SECURITY AGREEMENT, dated as of June 20, 2018 (this "Agreement"), is by and among New Ages Beverages Corp. (the "Company"), any subsidiary of the Company that is a signatory hereto either now joined or joined in the future (such subsidiaries, together with the Company, the "Debtors") and the holder(s) of the Company's Convertible Promissory Note (the "Note") in the principal amount of $4,500,000 signatory hereto, its endorsees, transferees and assigns (collectively, the "Secured Lender").

Water Now, Inc. – Security Agreement (June 21st, 2018)

Lender has agreed to make a loan to the Company in the principal amount of $62,500.00 ("Loan"). Lender has required, as a condition precedent to making the Loan, that Assignor execute and deliver this Security Agreement and Assignor has agreed to this Security Agreement.

Security Agreement (June 15th, 2018)

THIS SECURITY AGREEMENT (this Agreement), dated as of June 13, 2018, is made between Dope Media, Inc., a corporation organized under the laws of the State of Delaware (Debtor) and General Cannabis Corp., a corporation organized under the laws of the State of Colorado (Secured Party).

Steadfast Income REIT, Inc. – Interest Rate Cap Reserve and Security Agreement (June 15th, 2018)

This INTEREST RATE CAP RESERVE AND SECURITY AGREEMENT (this "Agreement"), dated as of June 11, 2018, is by and between SIR JEFFERSON, LLC, a Delaware limited liability company, ("Borrower"), and FANNIE MAE, a corporation duly organized under the Federal National Mortgage Association Charter Act, as amended, 12 U.S.C. SS1716 et seq. and duly organized and existing under the laws of the United States ("Lender").

Bloom Energy Corp – SECURITY AGREEMENT DATED AS OF JUNE 29, 2017 AMONG BLOOM ENERGY CORPORATION, as Issuer, U.S. BANK NATIONAL ASSOCIATION, as Trustee, and U.S. BANK NATIONAL ASSOCIATION, as Collateral Agent (June 12th, 2018)

THIS SECURITY AGREEMENT (as amended, extended, renewed, restated, supplemented, waived or otherwise modified from time to time, this Agreement) is entered into as of June 29, 2017, by and among BLOOM ENERGY CORPORATION, a Delaware corporation (the Issuer); U.S. BANK NATIONAL ASSOCIATION, in its capacity as trustee (and its successors under the Indenture (as defined below), in such capacity, the Trustee); and U.S. BANK NATIONAL ASSOCIATION, in its capacity as collateral agent for the Secured Parties (as defined below) (and its successors under the Indenture, in such capacity, the Collateral Agent).

Bloom Energy Corp – Security Agreement (June 12th, 2018)

THIS SECURITY AGREEMENT (as amended, modified, supplemented or restated and in effect from time to time, this Agreement), dated as of December 15, 2015, is made by and among Bloom Energy Corporation, a Delaware corporation (the Company), the Guarantors from time to time party hereto (the Guarantors and together with the Company, each a Grantor and collectively, the Grantors), and U.S. Bank National Association, in its capacity as collateral agent pursuant to the Indenture (as hereinafter defined) (in such capacity and together with any successors in such capacity, the Collateral Agent) for its own benefit and the benefit of the other Secured Parties.

Adial Pharmaceuticals, L.L.C. – Security Agreement (June 11th, 2018)

SECURITY AGREEMENT (this "Agreement"), dated as of June 6, 2018, by and between Adial Pharmaceuticals, Inc., a Delaware corporation (the "Company"), and the secured party signatory hereto and its respective endorsees, transferees and assigns (the "Secured Party").

ShiftPixy, Inc. – Security Agreement (June 8th, 2018)

This SECURITY AGREEMENT, dated as of June 4, 2018 (this "Agreement"), is among ShiftPixy, Inc., a Wyoming 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 Notes due fifteen (15) months following their issuance, in the original aggregate principal amount of $10,000,000 (collectively, the "Notes") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

Minn Shares Inc – Security Agreement (June 7th, 2018)

EVO Transportation & Energy Services, Inc., a Delaware corporation, and Thunder Ridge Transport, Inc., a Missouri corporation, (collectively "Debtor") having an address of 8285 West Lake Pleasant Parkway Peoria, Arizona 85382, and Billy L. Peck, Jr. ("Secured Party"), hereby agree, effective June 1, 2018, as follows:

Electric Vehicle Research Corp – Security Agreement (June 6th, 2018)

This SECURITY AGREEMENT, dated as of June 1, 2018 (this "Agreement"), is among Oncolix, Inc., a Florida 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 10% Senior Secured Original Issue Discount Convertible Notes due August 1, 2019, in the original aggregate principal amount of up to $ 3.0 million (collectively, the "Notes") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

Immudyne Inc – Security Agreement (June 1st, 2018)

This SECURITY AGREEMENT, dated as of May 29, 2018 (this "Agreement"), is among Immudyne, Inc., a Delaware corporation (the "Company"), each Subsidiary of the Company which shall become a party to this Agreement by execution and delivery of the form annexed hereto as Annex A and the Subsidiary Guaranty annexed thereto (each such Subsidiary, a "Guarantor" and together with the Company, the "Debtors"), Alpha Capital Anstalt, as collateral agent (the "Collateral Agent") for and the holders of the Company's Secured Convertible Notes issued at or about May 29, 2018, in the original aggregate principal amount of up to $550,000 and such other of the Company's secured Convertible Notes which may be issued in the future (collectively, the "Notes") (collectively, the "Secured Parties").

Tetridyn Solutions Inc – Security Agreement (June 1st, 2018)

THIS SECURITY AGREEMENT (this "Agreement"), is entered into as of May 22, 2018, by and between Ocean Thermal Energy Corporation, a Nevada corporation (the "Borrower"), and Collier Investments, LLC, a California limited liability company (the "Secured Party" or "Secured Parties"). All capitalized terms not otherwise defined herein shall the meanings ascribed to them in that certain Securities Purchase Agreement and Note (as defined below) by and between Borrower and the Secured Party of even date (the "Note Purchase Agreement").

OncBioMune Pharmaceuticals, Inc – Security Agreement (May 31st, 2018)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of January 29, 2018 between OncBioMune Pharmaceuticals, Inc., a Nevada corporation ("OBMP") and OncBioMune, Inc., a Louisiana corporation (the "Subsidiary") (the Subsidiary, together with each other Person who becomes a party to this Agreement by execution of a joinder in the form of Exhibit A attached hereto, which shall include all wholly-owned or majority-owned subsidiaries of OBMP acquired after the date hereof for so long as this Agreement remains in effect, are hereinafter sometimes referred to individually as a "Debtor" and, collectively, as the "Debtors") and Cavalry Fund I LP, a Delaware limited partnership, in its capacity as Collateral Agent (subject to Section 1A, below) for the benefit of itself and each of the Purchasers (as hereinafter defined) (together with their successors and assigns, the "Secured Parties").

OncBioMune Pharmaceuticals, Inc – Security Agreement (May 31st, 2018)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of March 13, 2018 between OncBioMune Pharmaceuticals, Inc., a Nevada corporation ("OBMP") and OncBioMune, Inc., a Louisiana corporation (the "Subsidiary") (the Subsidiary, together with each other Person who becomes a party to this Agreement by execution of a joinder in the form of Exhibit A attached hereto, which shall include all wholly-owned or majority-owned subsidiaries of OBMP acquired after the date hereof for so long as this Agreement remains in effect, are hereinafter sometimes referred to individually as a "Debtor" and, collectively, as the "Debtors") and Cavalry Fund I LP, a Delaware limited partnership, in its capacity as Collateral Agent (subject to Section 1A, below) for the benefit of itself and each of the Purchasers (as hereinafter defined) (together with their successors and assigns, the "Secured Parties").

Nxt-ID, Inc. – Security Agreement by LogicMark, LLC, and the Other Grantors Party Hereto, as Grantors, and Sagard Holdings Manager LP, as Collateral Agent Dated as of May 24, 2018 (May 30th, 2018)

This Security Agreement (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this "Agreement"), dated as of May 24, 2018, is made by and among LogicMark, LLC, a Delaware limited liability company ("Borrower"), Nxt-ID, Inc., a Delaware corporation ("Parent"), each Subsidiary of Parent that is a party hereto or may become a party hereto pursuant to Section 7.13 of this Agreement (together with Borrower and Parent, collectively, the "Grantors") and Sagard Holdings Manager LP ("Sagard"), as collateral agent (in such capacity, and together with any successors in such capacity, the "Collateral Agent") for the Secured Parties (as defined in the Credit Agreement referred to below).

Xg Technology Inc – Security Agreement (May 30th, 2018)

This SECURITY AGREEMENT, dated as of May 29, 2018 (this "Agreement"), is among xG Technology, 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 6% Senior Secured Convertible Debentures due twelve (12) months following their issuance, in the original aggregate principal amount of $4,000,000 (collectively, the "Debentures") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

Goldfield Corporation (The) – Bb&t Security Agreement (May 30th, 2018)

This Security Agreement ("Security Agreement") is made May 24, 2018, between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Power Corporation of America, a Florida corporation, Bayswater Development Corporation, a Florida corporation, Pineapple House of Brevard, Inc., a Florida corporation, C and C Power Line, Inc., a Florida corporation, and Precision Foundations, Inc., a Florida corporation (collectively, "Debtor"), and Branch Banking and Trust Company, a North Carolina banking corporation ("Secured Party").