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.

Parity Lien Security Agreement (February 2nd, 2018)

This PARITY LIEN SECURITY AGREEMENT, dated as of November 1, 2017 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this "Agreement"), is made by each of the undersigned assignors (each, an "Assignor" and, together with any other entity that becomes an assignor hereunder pursuant to Section 9.12 hereof, the "Assignors"), in favor of U.S. Bank National Association, a national banking association ("U.S. Bank"), as collateral trustee (in such capacity, together with its successors and assigns, if any, "Collateral Trustee"), for the benefit of the Secured Creditors (as defined below). Certain capitalized terms as used herein are defined in Article VIII hereof. Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Collateral Trust Agreement (as defined below).

Vos International – Security Agreement (February 1st, 2018)

This Security Agreement, dated as of January 31st , 2018 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this "Agreement"), is made by SpendSmart Networks, Inc., a California corporation (the "Grantor"), in favor of SpendSmart Networks, Inc., a Delaware corporation (the "Secured Party").

Saexploration Holdings Inc. – Amendment No. 1 to Security Agreement (February 1st, 2018)

This AMENDMENT NO. 1 TO SECURITY AGREEMENT (this Amendment) is entered into as of the 26th day of January, 2018, by and among Wilmington Savings Fund Society, FSB (Noteholder Collateral Agent), SAExploration Holdings, Inc., a Delaware corporation (the Company), SAExploration Sub, Inc., a Delaware corporation (SAE Sub), SAExploration, Inc., a Delaware corporation (SAE), SAExploration Seismic Services (US), LLC, a Delaware limited liability company (SAE Seismic), and NES, LLC, an Alaska limited liability company (NES and, together with SAE Sub, SAE and SAE Seismic, the Guarantors and each, a Guarantor; the Guarantors, together with the Company, the Pledgors and each, a Pledgor).

SPAR Group, Inc. – Security Agreement (January 26th, 2018)

THIS SECURITY AGREEMENT (as the same may be supplemented, modified, amended or restated from time to time in the manner provided herein, this "Agreement"), dated as of this 16th day of January, 2018, is made by and among SPAR MARKETING FORCE, INC., a Nevada corporation, SPAR ASSEMBLY & INSTALLATION, INC. (F/K/A NATIONAL ASSEMBLY SERVICES, INC.), a Nevada corporation, SPAR CANADA COMPANY, an unlimited liability company organized under the laws of Nova Scotia, SPAR CANADA, INC., a Nevada corporation, SPAR GROUP, INC., a Delaware corporation, SPAR ACQUISITION, INC., a Nevada corporation, SPAR GROUP INTERNATIONAL, INC., a Nevada corporation, SPAR TRADEMARKS, INC., a Nevada corporation, (each individually and collectively as the context may require, the "Grantor"), and PNC BANK, NATIONAL ASSOCIATION (the "Bank"), with an address at 755 West Big Beaver Road, Suite 2500, Troy, Michigan 48084.

LendingClub Corp – Security Agreement (January 26th, 2018)

This SECURITY AGREEMENT dated as of January 23, 2018 (as amended, restated, supplemented or otherwise modified from time to time in accordance with its terms, this "Security Agreement"), is by and among LENDINGCLUB WAREHOUSE II LLC, a Delaware limited liability company (the "Borrower"), JPMORGAN CHASE BANK, N.A., a national banking association, as Administrative Agent (together with its successors and assigns in such capacity, the "Administrative Agent"), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as collateral trustee (together with its successors and assigns in such capacity, the "Collateral Trustee").

Vista Proppants & Logistics Inc. – Security Agreement (January 12th, 2018)

This Security Agreement is entered into effective June 15, 2014, by MAALT, L.P., a Texas limited partnership (Grantor), for the benefit of PLAINSCAPITAL BANK (Lender). For valuable consideration, Borrower grants to Lender a security interest in the Collateral to secure the Obligations (as defined below) and agrees that Lender shall have the rights stated in this Agreement with respect to the Collateral, in addition to all other rights which Lender may have by law.

Vista Proppants & Logistics Inc. – Security Agreement (January 12th, 2018)

This Security Agreement is entered into effective June 15, 2014, by GHMR OPERATIONS, L.L.C., a Texas limited liability company (Grantor), for the benefit of PLAINSCAPITAL BANK (Lender). For valuable consideration, Borrower grants to Lender a security interest in the Collateral to secure the Obligations (as defined below) and agrees that Lender shall have the rights stated in this Agreement with respect to the Collateral, in addition to all other rights which Lender may have by law.

Security Agreement (January 5th, 2018)

This SECURITY AGREEMENT ("Agreement") is made and effective as of December 29, 2017, is executed by and between _______________, a ___________ under the laws of the State of Delaware (the "Company"), in favor of TCA GLOBAL CREDIT MASTER FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands (the "Secured Party").

Emmaus Life Sciences, Inc. – Security Agreement (January 5th, 2018)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this Agreement) dated as of December 29, 2017 by and among Emmaus Life Sciences, 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 limited liability company, in its capacity as Collateral Agent and Purchaser (together with its successors and assigns, the Secured Party).

Green Endeavors, Inc. – Security Agreement (January 4th, 2018)

This Agreement ("Agreement") is entered into this 31st day of December 2017 ("Signing Date") by and between, LCF Salons LLC, a Utah limited liability company ("LCF") with a mailing address of 1298 South 900 East, Salt Lake City, UT 84105, and Green Endeavors, Inc., a Utah corporation, Landis Salons Inc., a Utah corporations, Landis Salons II, Inc., a Utah corporation and Landis Experience Center LLC, a Utah limited liability company, jointly and severally (hereinafter jointly referred to as "Green").

Nemus Bioscience, Inc. – Security Agreement (January 3rd, 2018)

This SECURITY AGREEMENT (this "Agreement") is dated as of December 28, 2017 and entered into by and among NEMUS BIOSCIENCE, INC., a Nevada corporation ("Company"), and EMERALD HEALTH SCIENCES INC. (together with its successors and assigns, "Secured Party").

Nemus Bioscience, Inc. – Security Agreement (January 3rd, 2018)

This SECURITY AGREEMENT (this "Agreement") is dated as of December 28, 2017 and entered into by and among NEMUS BIOSCIENCE, INC., a Nevada corporation ("Company"), and EMERALD HEALTH SCIENCES INC. (together with its successors and assigns, "Secured Party").

Birner Dental Management Services, Inc. – Security Agreement (January 2nd, 2018)

This SECURITY AGREEMENT (as the same may from time to time be amended, restated or otherwise modified, this "Agreement") is made effective as of the 28th day of December, 2017 by BIRNER DENTAL MANAGEMENT SERVICES, INC., a Colorado corporation ("Pledgor"), in favor of PALM GLOBAL SMALL CAP MASTER FUND LP, a company organized under the laws of the Cayman Islands, and PALM ACTIVE DENTAL, LLC, a Delaware limited liability company (collectively, "Secured Parties" and, individually, each a "Secured Party").

Security Agreement (December 29th, 2017)

THIS SECURITY AGREEMENT (this "Agreement"), dated as of December 22, 2017, is made among Marrone Bio Innovations, Inc., a Delaware corporation ("MBI" or "Debtor") and Dwight W. Anderson, an individual, as the sole lender party to the Note referred to below (in such capacity, "Secured Party").

Endonovo Therapeutics, Inc. – Security Agreement (December 28th, 2017)

This SECURITY AGREEMENT (the "Agreement"), dated and effective as of the 21day of December, 2018, is made by Endonovo Therapeutics, Inc. ("Debtor") having a notice address of 6320 Canoga Avenue, 15th Floor, Woodland Hills, CA 91367 in favor of EAGLE EQUITIES, LLC, a Nevada limited liability company, with its address at 91 Shelton Ave, Suite 107, New Haven, CT 06511 ("Secured Party").

Gates Industrial Corp plc – SECURITY AGREEMENT Dated as of July 3, 2014 Among THE GRANTORS IDENTIFIED HEREIN and CITIBANK, N.A., as Collateral Agent (December 27th, 2017)

SECURITY AGREEMENT dated as of July 3, 2014, among the Grantors (as defined below) and Citibank, N.A., as Collateral Agent for the Secured Parties (in such capacity, the Collateral Agent).

Gates Industrial Corp plc – SECURITY AGREEMENT Dated as of July 3, 2014 Among THE GRANTORS IDENTIFIED HEREIN and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent (December 27th, 2017)

SECURITY AGREEMENT dated as of July 3, 2014, among the Grantors (as defined below) and Credit Suisse AG, Cayman Islands Branch, as Collateral Agent for the Secured Parties (in such capacity, the Collateral Agent).

Security Agreement (December 22nd, 2017)

This SECURITY AGREEMENT (this Agreement) is dated as of December 18, 2017 and entered into by and among ORBCOMM INC., a Delaware corporation (the Borrower), each of the other undersigned direct and indirect Subsidiaries of the Borrower (each of such undersigned Subsidiaries being referred to herein as a Subsidiary Grantor and, collectively, the Subsidiary Grantors), each ADDITIONAL GRANTOR that may become a party hereto after the date hereof in accordance with Section 21 hereof (each of the Borrower, each Subsidiary Grantor and each Additional Grantor being referred to herein as a Grantor and, collectively, the Grantors) and JPMorgan Bank Chase Bank, N.A., solely in its capacity as Collateral Agent (in such capacity, together with its successors and permitted assigns, the Collateral Agent) for the Secured Parties. Each capitalized term used herein and defined in the Credit Agreement (as defined below) shall be used herein as therein defined. Each capitalized term utilized in this Agree

Schedule a to Security Agreement - Revised (December 22nd, 2017)
Asta Funding, Inc. – Security Agreement (December 19th, 2017)

This SECURITY AGREEMENT (this "Agreement") is dated as of December 13, 2017, by and between SUTTONPARK SERVICING LLC, a Delaware limited liability company ("SP Servicing") and ASTA FUNDING, INC., a Delaware corporation ("Secured Party").

CTI Industries Corporation – Revolving Credit, Term Loan and Security Agreement (December 19th, 2017)

Revolving Credit, Term Loan and Security Agreement dated as of December 14, 2017 among CTI INDUSTRIES CORPORATION, an Illinois corporation ("Company"; together with each Person joined hereto as a borrower from time to time, collectively the "Borrowers", and each a "Borrower"), each other Credit Party party hereto from time to time, the financial institutions which are now or which hereafter become a party hereto (collectively, the "Lenders" and each individually a "Lender") and PNC BANK, NATIONAL ASSOCIATION ("PNC"), as agent for Lenders (PNC, in such capacity, the "Agent").

Air T, Inc. – Security Agreement (December 18th, 2017)

THIS SECURITY AGREEMENT (this Agreement), dated as of December 21, 2017, is entered into by and among AIR T, INC., a Delaware corporation (Borrower), and the guarantors listed on the signature pages hereto (the Original Guarantors) or from time to time party hereto by execution of a joinder agreement (the Additional Guarantors, and together with the Original Guarantors, the Guarantors), as grantors, pledgors, assignors and debtors (the Borrower, together with the Guarantors, in such capacities and together with any successors in such capacities, the Grantors, and each, a Grantor), in favor of MINNESOTA BANK & TRUST, a Minnesota state banking corporation (together with its successors and assigns, the Secured Party).

JELD-WEN Holding, Inc. – Section 1. Term B-4 Loans. (A) Subject to the Terms and Conditions Set Forth Herein, Each of the Replacement Term B-4 Lenders Hereby (I) Commits to Provide Term B-4 Loans to the Borrower in the Amount of Its Term B-4 Commitment, and (Ii) Agrees to Fund Term B-4 Loans to the Borrower in the Amount of Its Term B-4 Commitment, After Which Such Commitment Shall Terminate Immediately and Without Further Action. The Aggregate Amount of the Term B-4 Commitments on the Amendment No. 4 Effective Date Is $440,000,000. (B) the Amendments Set Forth in This Section 1 Constitute a Refinancing Amendment With (December 15th, 2017)

AMENDED TERM LOAN CREDIT AGREEMENT (this Agreement), dated as of March 7, 2017,December 14, 2017 among JELD-WEN Holding, Inc., a Delaware corporation (Holdings), JELD-WEN, Inc., a Delaware corporation (the Company Borrower or the Borrower), the Company Subsidiary Guarantors (this and each other capitalized term used herein without definition having the meaning assigned to such term in Section 1.1), the several banks, financial institutions, institutional investors and other entities from time to time party hereto as lenders (the Lenders), and Bank of America, N.A., as Administrative Agent.

Envoy Group Corp. – Security Agreement (December 15th, 2017)

This SECURITY AGREEMENT, dated as of November [27], 2017 (this "Agreement"), is among Envoy Group Corp., a Florida corporation (the "Company"), any subsidiary and affiliate of the Company that is a signatory hereto either now or joined in the future (such subsidiaries, the "Guarantors" and, together with the Company, the "Debtors") and the holders of the Notes (as defined below), the Conversion Shares (as defined below), the Warrants (as defined below), the Warrant Shares (as defined below), and the Restricted Shares (as defined below), their endorsees, transferees and assigns (collectively, the "Secured Parties").

Security Agreement (December 14th, 2017)

THIS SECURITY AGREEMENT (this Agreement), dated as of December 8, 2017, is executed by Jaguar Health, Inc., a Delaware corporation (Debtor), in favor of Chicago Venture Partners, L.P., a Utah limited partnership (Secured Party).

Uranium Resources, Inc. – Security Agreement (December 14th, 2017)

THIS SECURITY AGREEMENT (as amended, modified, supplemented, restated or replaced from time to time, the Agreement) is made as of December 13, 2017 by ALABAMA GRAPHITE CORP., a corporation organized and existing under the laws of British Columbia (AGC) and ALABAMA GRAPHITE COMPANY, INC., an Alabama corporation (AGCI and AGCI, together with AGC, being collectively and individually referred to as the Debtor) in favor and for the benefit of WESTWATER RESOURCES, INC., a corporation organized and existing under the laws of the State of Delaware (with its successors and assigns, the Secured Party).

Uranium Resources, Inc. – Future Advance Mortgage, Assignment of Rents and Leases and Security Agreement (December 14th, 2017)

THIS INDENTURE (herein this Mortgage) made as of the 13th day of December, 2017, from ALABAMA GRAPHITE COMPANY, INC., an Alabama limited liability company (hereinafter called the Mortgagor), Mortgagor, to WESTWATER RESOURCES, INC., a Delaware corporation (hereinafter called Lender), Mortgagee.

Level Brands, Inc. – Security Agreement (December 12th, 2017)

This SECURITY AGREEMENT dated as of December 12th, 2017 by Kure Corp., a Florida corporation ("Borrower"), in favor of Level Brands, Inc., a North Carolina corporation ("Secured Party").

MAGELLAN GOLD Corp – Security Agreement (December 6th, 2017)

THIS SECURITY AGREEMENT is entered into as of this day of , 2017, by and among MAGELLAN GOLD CORPORATION ("Debtor"), and ____________________, as Collateral Agent ("Secured Party").

Document Security Systems, Inc. – Security Agreement (December 6th, 2017)

This SECURITY AGREEMENT (this "Agreement") is entered into at Albany, New York, as of December 1, 2017, between Plastic Printing Professionals, Inc., a New York corporation, with its chief executive office located at 28 East Main Street, Suite 1525, Rochester, New York 14614 (the "Borrower") and Citizens Bank, N.A., a national banking association, with an address of 833 Broadway, Albany, New York 12207 (the "Bank").

LendingClub Corp – Security Agreement (December 4th, 2017)

This SECURITY AGREEMENT dated as of October 10, 2017 (as amended, restated, supplemented or otherwise modified from time to time in accordance with its terms, this "Security Agreement"), is by and among LENDINGCLUB WAREHOUSE I LLC, a Delaware limited liability company (the "Borrower"), CITIBANK, N.A., a national banking association, as Administrative Agent (together with its successors and assigns in such capacity, the "Administrative Agent"), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as collateral trustee (together with its successors and assigns in such capacity, the "Collateral Trustee").

SECURITY AGREEMENT By (December 1st, 2017)

This SECURITY AGREEMENT dated as of November 30, 2017 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this "Agreement") made by Entravision Communications Corporation, a Delaware corporation (the "Borrower"), and the Guarantors from time to time party hereto (the "Guarantors"), as pledgors, assignors and debtors (the Borrower, together with the other Guarantors, in such capacities and together with any successors in such capacities, the "Pledgors," and each, a "Pledgor"), in favor of BANK OF AMERICA, N.A., in its capacity as Administrative Agent (in such capacity and together with any successors in such capacity, the "Administrative Agent").

Lion Consulting Group – SECURITY AGREEMENT (In Favor of YA II PN, Ltd.) (November 27th, 2017)

THIS SECURITY AGREEMENT (the "Agreement") is entered into as of November 20, 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").

Sport Endurance, Inc. – Security Agreement (November 20th, 2017)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of November 17, 2017 (the "Effective Date"), by and among Sport Endurance, Inc., a Nevada corporation ("SENZ"), ***********(together with its successors and assigns in such capacity, the "Secured Party"), and any other Person who becomes a party to this Agreement by execution of a joinder in the form of Exhibit A attached hereto. SENZ, together with each other Person who executes the joinder, are hereinafter referred to individually as a "Debtor" and, collectively, as the "Debtors".

Recro Pharma, Inc. – Security Agreement (November 20th, 2017)

THIS SECURITY AGREEMENT dated as of November 17, 2017 (as amended, modified, restated or supplemented from time to time, this Security Agreement) is by and among the parties identified as Grantors on the signature pages hereto and such other parties as may become Grantors hereunder after the date hereof (individually a Grantor, and collectively the Grantors) and Athyrium Opportunities III Acquisition LP, as administrative agent (in such capacity, the Administrative Agent) for the Secured Parties.