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 (May 16th, 2017)

THIS SECURITY AGREEMENT (this "Agreement") is made on May 10, 2017, between LAKELAND INDUSTRIES, INC., a Delaware corporation ("Borrower") and SUNTRUST BANK, a Georgia banking corporation (together with its successors or assigns, "Lender").

PrimeEnergy Corporation – DEED OF TRUST, MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF PRODUCTION AND FINANCING STATEMENT Dated as of May 5, 2017 (May 15th, 2017)

THIS INSTRUMENT CONTAINS AFTER-ACQUIRED PROPERTY PROVISIONS, SECURES PAYMENT OF FUTURE ADVANCES, AND COVERS PROCEEDS OF COLLATERAL.

PrimeEnergy Corporation – AMENDED, RESTATED AND CONSOLIDATED DEED OF TRUST, MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF PRODUCTION AND FINANCING STATEMENT Dated as of May 5, 2017 (May 15th, 2017)

THIS INSTRUMENT CONTAINS AFTER-ACQUIRED PROPERTY PROVISIONS, SECURES PAYMENT OF FUTURE ADVANCES, AND COVERS PROCEEDS OF COLLATERAL.

ADVANCED MEDICAL ISOTOPE Corp – Security Agreement (May 15th, 2017)

This SECURITY AGREEMENT, dated as of May ____, 2017 (this "Agreement"), is among Advanced Medical Isotope Corporation, a Delaware corporation (the "Debtor") and each holder of the Debtor's 7.5% Original Issue Discount Senior Secured Convertible Debenture due twelve months following its issuance, in the original aggregate principal amount of $___________ (the "Debenture") signatory hereto, its endorsees, transferees and assigns (collectively, the "Secured Parties"), which Secured Parties as of the date hereof are set forth on Schedule SP attached hereto.

PrimeEnergy Corporation – AMENDED, RESTATED AND CONSOLIDATED MORTGAGE OF OIL AND GAS PROPERTY, SECURITY AGREEMENT, ASSIGNMENT OF PRODUCTION AND FINANCING STATEMENT Dated as of May 5, 2017 (May 15th, 2017)

THIS INSTRUMENT CONTAINS AFTER-ACQUIRED PROPERTY PROVISIONS, SECURES PAYMENT OF FUTURE ADVANCES, AND COVERS PROCEEDS OF COLLATERAL.

Security Agreement (May 15th, 2017)

AGRITEK HOLDINGS, INC., a corporation organized under the laws of the State of Nevada ("Debtor"), successor in interest to, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, hereby grants, pledges, sets over and assigns to CERBERUS FINANCE GROUP LTD ("Secured Party"), a security interest in the property as set out in Exhibit A attached hereto,

SECURITY AGREEMENT by MAXLINEAR, INC. As Borrower and THE GUARANTORS PARTY HERETO in Favor of JPMORGAN CHASE BANK, N.A., as Collateral Agent Dated as of May 12, 2017 (May 12th, 2017)

This SECURITY AGREEMENT dated as of May 12, 2017 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this Agreement) made by MAXLINEAR, INC., a Delaware corporation (the Borrower), each other entity identified on the signature pages hereto as a Pledgor or that becomes party hereto as an additional Guarantor pursuant to Section 3.5 (the Guarantors), as pledgors 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 JPMORGAN CHASE BANK, N.A., in its capacity as Collateral Agent pursuant to the Credit Agreement (as hereinafter defined), as pledgee and secured party (in such capacities and together with any successors in such capacities, the Collateral Agent).

SECURITY AGREEMENT by MAXLINEAR, INC. As Borrower and THE GUARANTORS PARTY HERETO in Favor of JPMORGAN CHASE BANK, N.A., as Collateral Agent Dated as of May 12, 2017 (May 12th, 2017)

This SECURITY AGREEMENT dated as of May 12, 2017 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this Agreement) made by MAXLINEAR, INC., a Delaware corporation (the Borrower), each other entity identified on the signature pages hereto as a Pledgor or that becomes party hereto as an additional Guarantor pursuant to Section 3.5 (the Guarantors), as pledgors 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 JPMORGAN CHASE BANK, N.A., in its capacity as Collateral Agent pursuant to the Credit Agreement (as hereinafter defined), as pledgee and secured party (in such capacities and together with any successors in such capacities, the Collateral Agent).

Canadian Cannabis Corp. – THIS SECURITY AGREEMENT Is Dated March 27th, 2017 and Made Between: (May 12th, 2017)
C&J Energy Services Ltd. – SECURITY AGREEMENT by and Among PNC BANK, NATIONAL ASSOCIATION (AS a LENDER, ADMINISTRATIVE AGENT AND ISSUER) CJ HOLDING CO., C&J SPEC-RENT SERVICES, INC., C&J WELL SERVICES, INC., ESP COMPLETION TECHNOLOGIES LLC, KVS TRANSPORTATION, INC., TELLUS OILFIELD INC., TIGER CASED HOLE SERVICES, INC. And TOTAL E&S, INC. (AS BORROWERS) C&J ENERGY SERVICES, INC. (HOLDINGS) AND VARIOUS LENDERS May 4, 2017 ________________________________________________________________ PNC CAPITAL MARKETS LLC (SOLE LEAD ARRANGER AND SOLE BOOKRUNNER) (May 10th, 2017)
Purchase-Money Security Agreement (May 10th, 2017)

THIS PURCHASE-MONEY SECURITY AGREEMENT (the "Agreement") dated as of April 13, 2017 by and between GREAT BASIN SCIENTIFIC, INC., a Delaware corporation (the "Grantor"), in favor of UTAH AUTISM FOUNDATION, a Utah non-profit corporation (the "Lender").

Global Cash Access Holdings – SECURITY AGREEMENT Dated as of May 9, 2017 Among EVERI PAYMENTS INC., as the Borrower THE OTHER GRANTORS IDENTIFIED HEREIN and JEFFERIES FINANCE LLC, as Collateral Agent (May 9th, 2017)

SECURITY AGREEMENT, dated as of May 9, 2017, among EVERI PAYMENTS INC., a Delaware corporation (the "Borrower"), the other Grantors identified herein and who from time to time become a party hereto and JEFFERIES FINANCE LLC, as collateral agent for the Secured Parties (together with its successors and assigns in such capacity, the "Collateral Agent").

Security Agreement (May 8th, 2017)

This SECURITY AGREEMENT (Partnership Distributions) (the "Agreement"), dated as of March 16, 2017, is executed by and between GREENHILL & CO., INC., a Delaware corporation ("Borrower"), and FIRST REPUBLIC BANK ("Lender").

Arkados Group – Security Agreement (May 5th, 2017)

This Security Agreement, dated as of May 1, 2017, as amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with the provisions hereof ("Agreement"), is made by and among (i) Arkados Group, Inc., a Delaware corporation (the "Borrower"), as the borrower, (ii) Arkados, Inc., a Delaware corporation, as a guarantor, and Arkados Energy Solutions, LLC, a Delaware limited liability company, as a guarantor, (each of Arkados, Inc. and Arkados Energy Solutions, LLC is a "Guarantor"; and collectively they are the "Guarantors"), and (iii) AIP Asset Management Inc., an Ontario, Canada corporation (the "Secured Party"), as the secured party, in its capacity as security agent for the Holders. Each of the Borrower and the Guarantor shall be referred to herein as a "Grantor" and collectively, the "Grantors."

Chanticleer Holdings – Security Agreement (May 5th, 2017)

This SECURITY AGREEMENT, dated as of May 4, 2017 (this "Agreement"), is among Chanticleer Holdings, 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 8.0% Secured Debentures due December 31, 2018 years following their issuance, in the original aggregate principal amount of $6,000,000 (collectively, the "Debentures") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

Inland Residential Properties Trust, Inc. – Security Agreement (May 4th, 2017)

This SECURITY AGREEMENT dated as of May 3, 2017 (the "Security Agreement"), is executed by IRESI VERNON HILLS COMMONS, L.L.C., a Delaware limited liability company ("Debtor"), having its chief executive office at 2901 Butterfield Road, Oak Brook, IL 60523 and Parkway Bank and Trust Company, an Illinois banking corporation (the "Bank"), whose address is 4800 N. Harlem Avenue, Harwood Heights, Illinois 60706.

Life Partners Position Holder Trust – NIRAN TRUSTEE SECURITY AGREEMENT Dated as of December 9, 2016 of LIFE PARTNERS POSITION HOLDER TRUST in Favor of ADVANCE TRUST & LIFE ESCROW SERVICES, LTA, as Trustee (May 2nd, 2017)

THIS NIRAN TRUSTEE SECURITY AGREEMENT (this "Agreement") is made as of December 9, 2016, by Eduardo S. Espinosa, as trustee of Life Partners Position Holder Trust, a Texas trust ("Debtor"), in favor of Advance Trust & Life Escrow Services, LTA, as trustee for the benefit of itself and the Holders (the "NIRAN Trustee").

Coda Octopus Group, Inc. – Security Agreement (May 2nd, 2017)

This SECURITY AGREEMENT (this "Security Agreement"), dated as of this ___ day of April, 2017, is executed by and between CODA OCTOPUS GROUP, INC., a Delaware corporation (the "Debtor"), whose notice address is 7380 Sand Lake Road, Suite 500, Orlando, Florida 32819, and HSBC BANK USA, N.A., its successors and/or assigns (the "Bank"), whose address is 2929 Walden Avenue, C-111, Depew New York 14043.

Kemet Corp. – Term Loan Security Agreement (May 1st, 2017)

TERM LOAN SECURITY AGREEMENT, dated as of April 28, 2017 (as amended, amended and restated, modified, supplemented, extended or renewed from time to time, this "Agreement"), is by and among each of the undersigned grantors (each, a "Grantor" and, together with any other entity that becomes a grantor hereunder pursuant to Section 10.12 hereof, the "Grantors") and Bank of America, N.A., as Collateral Agent (together with any successor Collateral Agent, the "Collateral Agent"), for the benefit of the Secured Creditors (as defined below). Certain capitalized terms as used herein are defined in Article IX hereof. Except as otherwise defined herein, all capitalized terms used herein and defined in the Credit Agreement (as defined below) shall be used herein as therein defined.

Helix TCS, Inc. – Security Agreement (May 1st, 2017)

This SECURITY AGREEMENT, dated as of April 26, 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 (May 1st, 2017)

This Security Agreement (the "Agreement") is entered into as of this 26th day of April, 2017 by and between VerifyMe, Inc., a Nevada corporation ("VerifyMe"), and _________ (the "Lender" and together with VerifyMe, the "Parties"). The Parties hereby agree as follows:

Yummy Flies, Inc. – Security Agreement (April 26th, 2017)

This SECURITY AGREEMENT (the "Agreement"), dated April 7, 2017, is by and between Mammoth Corporation ("Lender" or "Pledgee"), and Robert Doherty and Robert Switzer (collectively "Pledgor"), as follows:

Security Agreement (April 24th, 2017)

This SECURITY AGREEMENT, dated as of April __, 2017 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this "Agreement"), made by and among (A) PROTEA BIOSCIENCES GROUP, INC.., a Delaware corporation ("PRGB" or the "Company"), (B) PROTEA BIOSCIENCES, INC., a Delaware corporation ("Protea" and individually and collectively, with the Company, the "Debtors"), and (C) SUMMIT RESOURCES, INC., a West Virginia corporation ("Summit") or its designated assignees (together with Summit, the "Secured Party").

Security Agreement (April 21st, 2017)

THIS SECURITY AGREEMENT (this Security Agreement) is entered into as of April 17, 2017 by and among HARTE HANKS, INC. (Borrower, and sometimes, Grantors), and TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, a national banking association (Lender) on behalf of itself and its Affiliates (Secured Party).

Security Agreement (April 18th, 2017)

This SECURITY AGREEMENT dated as of December 30, 2016 (this Security Agreement), is executed by and among Napo Pharmaceuticals, Inc., a Delaware corporation (Napo), Kingdon Capital Management, L.L.C. (Agent), as agent for each of the parties set forth on Exhibit A attached hereto (the Purchasers) and the Purchasers.

Security Agreement (April 17th, 2017)

In order to secure the due and punctual payment of all of the Obligations (as herein defined), GlyEco, Inc., a Nevada corporation, having their place of business located at PO Box 10112, Rock Hill, SC 29731 ("Debtor"), hereby grants to NFS Leasing, Inc., a Massachusetts Corporation ("Secured Party"), having an address of 900 Cummings Center, Suite 226-U, Beverly, MA 01915, a continuing security interest in the following item(s) of collateral:

SECURITY AGREEMENT Dated as of April 13, 2017, Among INSTALLED BUILDING PRODUCTS, INC., THE OTHER GRANTORS PARTY HERETO, and SUNTRUST BANK, as Administrative Agent (April 17th, 2017)

SECURITY AGREEMENT dated as of April 13, 2017 (as amended, restated, supplemented or otherwise modified from time to time, this Agreement) among INSTALLED BUILDING PRODUCTS, INC., a Delaware corporation (the Borrower), the other GRANTORS from time to time party hereto and SUNTRUST BANK, as Administrative Agent (in such capacity, the Administrative Agent).

Security Agreement (April 17th, 2017)

In order to secure the due and punctual payment of all of the Obligations (as herein defined), Recovery Solutions & Technologies, Inc., a Arizona corporation, having their place of business located at 4802 B Ray Rd., Ste. #23-30, Phoenix, AZ 85044 ("Debtor"), hereby grants to NFS Leasing, Inc., a Massachusetts Corporation ("Secured Party"), having an address of 900 Cummings Center, Suite 226-U, Beverly, MA 01915, a continuing security interest in the following item(s) of collateral:

SECURITY AGREEMENT Dated as of April 17, 2017 by UNISYS CORPORATION as Company and EACH OTHER GRANTOR FROM TIME TO TIME PARTY HERETO in Favor of WELLS FARGO BANK, NATIONAL ASSOCIATION as Collateral Trustee (April 17th, 2017)
Security Agreement (April 12th, 2017)

This SECURITY AGREEMENT (this Agreement) is dated as of April 10, 2017 and entered into by and among ORBCOMM INC., a Delaware corporation (the Issuer), each of the other undersigned direct and indirect Subsidiaries of the Issuer (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 20 hereof (each of the Issuer, each Subsidiary Grantor and each Additional Grantor being referred to herein as a Grantor and, collectively, the Grantors) and U.S. BANK NATIONAL ASSOCIATION, 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 Indenture (as defined below) shall be used herein as therein defined. Each capitalized term utilized in this Agreement that is not

Healthwarehouse.Com – Security Agreement (April 10th, 2017)

This Commercial Security Agreement ("Agreement") is made as of the 7th day of April, 2017, by HEALTHWAREHOUSE.COM, INC., a Delaware corporation, HWAREH.COM, INC., a Delaware corporation, and HOCKS.COM, INC., an Ohio corporation, all with an address at 7107 Industrial Road, Florence, Kentucky 41042 (each a "Grantor") in favor of KAPOK VENTURES LIMITED, a British Columbia corporation, c/o Magnus LLP, 430 Five Donald Street, Winnipeg, Manitoba, Canada, R3L 2T4 (together with its successors and assigns, the "Lender") (collectively, the "Lender"), with respect to the Obligations of HEALTHWAREHOUSE.COM, INC., a Delaware corporation, HWAREH.COM, INC., a Delaware corporation, and HOCKS.COM, INC., an Ohio corporation (collectively, the "Borrower").

Security Agreement (April 10th, 2017)

This Security Agreement (the "Security Agreement"), dated as of April 6, 2017, is by and between COPsync, Inc., a Delaware corporation ("COYN"), and the secured party set forth on the signature page hereto (the "Secured Party").

The Keyw Holding Corp. – Security Agreement (April 7th, 2017)

SECURITY AGREEMENT, dated April 4, 2017 (this "Agreement"), among each of the signatories hereto designated as a Grantor on the signature pages hereto (together with any other entity that may become a party hereto as a Grantor, as provided herein, each a "Grantor" and collectively, the "Grantors"), and ROYAL BANK OF CANADA, as Administrative Agent (in such capacity, together with any successor administrative agent, the "Administrative Agent") for the Secured Parties (as defined in the Credit Agreement referred to below).

FDO Holdings, Inc. – SECURITY AGREEMENT by FLOOR AND DECOR OUTLETS OF AMERICA, INC., as Borrower, THE OTHER LOAN PARTIES PARTY HERETO FROM TIME TO TIME and UBS AG, STAMFORD BRANCH, as Collateral Agent Dated as of September 30, 2016 (April 7th, 2017)

SECURITY AGREEMENT dated as of September 30, 2016 (as amended, restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this Security Agreement) among (i) FLOOR AND DECOR OUTLETS OF AMERICA, INC., a Delaware corporation having an office at 2233 Lake Park Drive, Suite 400, Smyrna, Georgia 30080, as Borrower (the Borrower), (ii) THE GUARANTOR LISTED ON THE SIGNATURE PAGES HERETO (the Original Guarantor) AND THE OTHER GUARANTORS FROM TIME TO TIME PARTY HERETO BY EXECUTION OF A JOINDER AGREEMENT (together with the Original Guarantor, 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 Grantors, and each, a Grantor), and (iii) UBS AG, STAMFORD BRANCH, having an office at 600 Washington Blvd., 9th Floor, Stamford, Connecticut 06901, in its capacity as collateral agent for the Secured Parties (as defined below), as secured par

SECURITY AGREEMENT by INTERNAP CORPORATION, as Borrower, and THE GUARANTORS PARTY HERETO, as Pledgors, and JEFFERIES FINANCE LLC, as Collateral Agent Dated as of April 6, 2017 (April 6th, 2017)

This SECURITY AGREEMENT, dated as of April 6, 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 Internap Corporation, a Delaware corporation ("Borrower"), and the Subsidiaries of Borrower from time to time party hereto by execution of this Agreement or otherwise by execution of a Joinder Agreement (the "Guarantors") (Borrower, together with the Guarantors, as pledgors, assignors and debtors and together with any successors, the "Pledgors," and each, a "Pledgor"), in favor of Jefferies Finance LLC, 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").