Security Agreement Sample Contracts

Share Cite Term
Link

Embed (HTML)

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.

Lombard Medical, Inc. – Dated 13 October 2017 the Companies Identified in Schedule 1 as Chargors and Oxford Finance Llc as Collateral Agent Ip Security Agreement Greenberg Traurig, Llp the Shard, Level 8 32 London Bridge Street London Se1 9sg (October 19th, 2017)
BMW Vehicle Lease Trust 2017-2 – Back-Up Security Agreement (October 19th, 2017)

This Back-Up Security Agreement, dated as of October 25, 2017, is among Financial Services Vehicle Trust, a Delaware statutory trust (the "Vehicle Trust"), BMW Manufacturing L.P., an Indiana limited partnership ("BMW LP"), BMW Auto Leasing LLC, a Delaware limited liability company (the "Transferor"), BMW Vehicle Lease Trust 2017-2, a Delaware statutory trust (the "Issuer"), and U.S. Bank National Association, a national banking association, not in its individual capacity, but solely as indenture trustee (the "Indenture Trustee") under the Indenture, dated as of October 25, 2017 (the "Indenture"), between the Issuer and the Indenture Trustee.

WatchGuard, Inc. – Restated Security Agreement (October 19th, 2017)

THIS RESTATED SECURITY AGREEMENT (this Restated Security Agreement) is entered into as of December 29, 2016 by and among Enforcement Video, LLC, a Texas limited liability company (Grantor), and Texas Capital Bank, National Association, a national banking association, as Administrative Agent for the Lenders defined below (Administrative Agent), for the benefit of the Secured Parties as defined in the Credit Agreement described below.

Security Agreement (October 18th, 2017)

This SECURITY AGREEMENT ("Agreement") is made as of October 12, 2017, by and between PhotoMedex, Inc., a Nevada corporation (to be renamed FC Global Realty Incorporated) (the "Debtor"), and Dolev Rafaeli ("Rafaeli"), Dennis M. McGrath ("McGrath") and Yoav Ben-Dror ("Ben-Dror") (each, a "Secured Party" and together, the "Secured Parties").

Akeena Solar – Security Agreement (October 11th, 2017)

This SECURITY AGREEMENT, dated as of October 2, 2017 (this "Agreement"), is among Andalay Solar, 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 Guaranty annexed thereto (each such Subsidiary, a "Guarantor" and together with the Company, the "Debtors" and each individually, a "Debtor"), Chase Financing, Inc., as collateral agent (the "Collateral Agent") for the benefit of itself and any other persons who are or become holders (collectively, the "Secured Parties") of the Company's Secured Convertible Notes (collectively, the "Notes") issued pursuant to a securities purchase agreement dated the date hereof between the Company and the investors named therein including any investors who subsequently become party thereto (as the same may be amended, modified or supplemented (the "Purchase Agreement").

Adma Biologics, Inc. – Security Agreement (October 11th, 2017)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of October 10, 2017 among ADMA BIOLOGICS, INC., a Delaware corporation ("ADMA Biologics"), ADMA PLASMA BIOLOGICS, INC., a Delaware corporation ("ADMA Plasma"), ADMA BIO CENTERS GEORGIA INC., a Delaware corporation ("ADMA Bio Centers") and ADMA BIOMANUFACTURING, LLC, a Delaware limited liability company ("ADMA BioManufacturing" and together with ADMA Biologics, ADMA Plasma and ADMA Bio Centers, each a "Debtor" and, collectively, the "Debtors") and WILMINGTON TRUST, NATIONAL ASSOCIATION, in its capacity as Agent for the benefit of the Lender (together with its successors and assigns in such capacity, the "Secured Party").

Akeena Solar – Security Agreement (October 11th, 2017)

This SECURITY AGREEMENT, dated as of October 2, 2017 (this "Agreement"), is among R Squared Technologies 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 Guaranty annexed thereto (each such Subsidiary, a "Guarantor" and together with the Company, the "Debtors" and each individually, a "Debtor"), Chase Financing, Inc., as collateral agent (the "Collateral Agent") for the benefit of itself and any other persons who are or become holders (collectively, the "Secured Parties") of the Company's Secured Convertible Notes (collectively, the "Notes") issued pursuant to a securities purchase agreement dated the date hereof between the Company and the investors named therein including any investors who subsequently become party thereto (as the same may be amended, modified or supplemented (the "Purchase Agreement").

SECURITY AGREEMENT Dated as of October 5, 2017 by UNISYS CORPORATION as Borrower, and EACH OTHER GRANTOR FROM TIME TO TIME PARTY HERETO in Favor of JPMORGAN CHASE BANK, N.A., as Administrative Agent (October 6th, 2017)

WHEREAS, pursuant to the Credit Agreement dated as of the date hereof (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Credit Agreement") by and among the Borrower, the other Loan Parties (as defined in the Credit Agreement) parties thereto, the Lenders and Issuing Banks from time to time party thereto and JPMorgan, as Administrative Agent, the Lenders and the Issuing Banks have severally agreed to make extensions of credit to the Borrower upon the terms and subject to the conditions set forth therein;

Applied Optoelectronics, Inc. – BB&T SECURITY AGREEMENT BB&T Account No. XXXXXX (October 4th, 2017)

This Security Agreement ("Security Agreement") is made September 28, 2017, between Applied Optoelectronics, Inc., a Delaware corporation ("Debtor"), and Branch Banking and Trust Company, a North Carolina banking corporation ("Secured Party").

Security Agreement (October 2nd, 2017)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of September 26, 2017, 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"), and Purchaser (together with its successors and permitted assigns, the "Secured Party").

Security Agreement (October 2nd, 2017)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of September 26, 2017, 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").

Ocean Bio-Chem, Inc. – Mortgage, Security Agreement and Assignment of Rents and Leases (October 2nd, 2017)

THIS MORTGAGE, security agreement and assignment of rents and leases (this "mortgage") is made and entered into as of the 1st day of September, 2017, by KINPAK INC., an Alabama corporation (the "Operator"), whose address is do Ocean Bio-Chem, Inc., 4041 S.W. 47th Avenue, Ft. Lauderdale, FL 33314, Attention: Chief Financial Officer, and THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF MONTGOMERY, a public corporation under the laws of the State of Alabama (the "Issuer" and together with the Operator, the "Mortgagor"), whose address is P.O. Box 14, Montgomery, Alabama 36101, in favor of REGIONS CAPITAL ADVANTAGE, INC., a Tennessee corporation (the "Mortgagee"), whose address is 1900 5th Avenue North, Suite 2400, Birmingham, Alabama 35203.

Health-Right Discoveries, Inc. – Security Agreement (September 29th, 2017)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") dated as of September 29, 2017 by and among Health-Right Discoveries, Inc., a Florida corporation (the "Company", and 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 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").

This Is a Security Agreement Granting a Security Interest in Personal Property Including Personal Property Affixed to Realty as Well as a Mortgage Upon Real Estate and Other Property (September 26th, 2017)

Reconciliation and Tie between Trust Indenture Act of 1939 and General Mortgage Indenture and Deed of Trust, dated as of February 1, 1996

Security Agreement (September 25th, 2017)

This Security Agreement (this "Security Agreement") is made as of _______, 2017 by and among Sincerity Applied Materials Holdings Corp., a Nevada corporation, (the "Company") and its subsidiary, Sincerity Australia Pty Ltd., an Australia corporation (the "Subsidiary"), (collectively, the "Grantors"); each "Purchaser" named in the Omnibus Signature Page(s) to the Subscription Agreement of even date herewith (the "Subscription Agreement") between the Company and the Purchasers, relating to units consisting of the Company's 8% Senior Convertible Secured Promissory Notes (the "Notes") and warrants to purchase shares of the Company's common stock; and _____________, in its capacity as the Collateral Agent for the Noteholders (in such capacity, the "Collateral Agent").

Envision Solar International, Inc. – Security Agreement - Purchase Order Financing (September 22nd, 2017)

THIS SECURITY AGREEMENT (this "Agreement") is made and entered into this 18th day of September 2017, by and between SFE VCF, LLC, a California limited liability company (the "Secured Party") and Envision Solar International, Inc., a Nevada corporation ("Debtor").

Pacific Ethanol – CoBANK, ACB SECURITY AGREEMENT (September 21st, 2017)

THIS SECURITY AGREEMENT (the "Security Agreement") is dated as of September 15, 2017, and is executed and delivered by ILLINOIS CORN PROCESSING, LLC (the "Debtor"), a Delaware limited liability company, having its place of business (or chief executive office if more than one place of business) located at 400 Capital Mall, Suite 2060, Sacramento, California 95814 to COBANK, ACB (the "Secured Party"), a federally chartered instrumentality of the United States, whose mailing address is P.O. Box 5110, Denver, Colorado 80217, as agent for COMPEER FINANCIAL, PCA ("Lender"), a federally chartered instrumentality of the United States, and COBank, ACB. Capitalized terms not otherwise defined in this Security Agreement shall have the respective meanings ascribed to them by that certain Credit Agreement dated as of even date herewith between the Lender, the Secured Party and the Debtor, including Annex A thereto (the "Credit Agreement").

Jin Jie – Security Agreement (September 14th, 2017)

THIS SECURITY AGREEMENT entered into this 11 day of September, 2017 (this "Agreement") by and between Gain Solutions s.r.o., a company incorporated under the laws of the Czech Republic having its registered seat Na Pankraci 1724/129, Prague 4, 140 00, Czech republic, registered in the Commercial Register kept by the Municipal Court in Prague, section C, entry 213448 (the "Secured Party") and BLUE SPHERE CORP., a publicly traded corporation incorporated under the laws of the State of Nevada, United States entity number: E0515782007-5 with corporate seat 301 McCullough Drive, Charlotte, NC, 28262, United States ("Debtor").

Quantech Electronics Corp – Security Agreement (September 8th, 2017)

This SECURITY AGREEMENT (as amended, modified or otherwise supplemented from time to time, this "Agreement"), dated and effective as of the 6th day of September, 2017, is made by PhytaTech CO, LLC, a Colorado limited liability company ("Debtor") in favor of EVIO, Inc., a Colorado corporation ("Secured Party").

Quantech Electronics Corp – Security Agreement (September 8th, 2017)

This SECURITY AGREEMENT (as amended, modified or otherwise supplemented from time to time, this "Agreement"), dated and effective as of the 6th day of September, 2017, is made by EVIO, Inc., a Colorado corporation ("Debtor") in favor of PalliaTech, Inc., a Delaware corporation ("Secured Party"). All capitalized terms not otherwise defined herein have the meanings ascribed to them in the Transfer Agreement (defined below).

Supplement No. 1 (This "Supplement") Dated as of September 7, 2017, to the Security Agreement, Dated as of January 13, 2017 (As Amended, Restated, Supplemented or Otherwise Modified From Time to Time, the "Security Agreement") by Each of the Parties Listed on the Signature Pages Thereto and Those Additional Entities That Thereafter Become Parties Thereto (Collectively, Jointly and Severally, "Grantors" and Each Individually "Grantor") and AVIDBANK, a California Banking Corporation ("Agent"). (September 8th, 2017)

WHEREAS, pursuant to that certain Amended and Restated Credit Agreement dated as of January 13, 2017 (as amended, restated, supplemented, or otherwise modified from time to time, the "Credit Agreement") by and among Auxilio, Inc., a Nevada corporation ("Parent"), Auxilio Solutions, Inc., a California corporation ("Solutions"), Delphiis, Inc., a California corporation ("Delphiis"), CynergisTek, Inc., a Texas corporation ("CynergisTek"), and one or more additional direct or indirect Subsidiaries of Parent, hereafter acquired or formed, which become party to the Credit Agreement (Parent, Solutions, Delphiis, CynergisTek and such other Subsidiaries are sometimes individually referred to herein as a "Borrower" and collectively referred to herein as "Borrowers"), the financial institutions from time to time parties to the Credit Agreement as Lenders, and Avidbank, a California banking corporation in its capacity as Agent under the Credit Agreement, Agent and Lenders are willing to make cert

Natural Gas Services Group, Inc. – Fourth Amendment of Security Agreement (September 7th, 2017)

This FOURTH AMENDMENT OF SECURITY AGREEMENT (Personal Property-Borrower) (this "Amendment") is dated as of June ___, 2017, and is executed and delivered by and between NATURAL GAS SERVICES GROUP, INC., a Colorado corporation (the "Debtor"), and JPMORGAN CHASE BANK, N.A., a national banking association (the "Secured Party").

Adial Pharmaceuticals, L.L.C. – Security Agreement (September 7th, 2017)

THIS SECURITY AGREEMENT (this "Agreement"), is entered into as of May 1, 2017, by and between ADial Pharmaceuticals, LLC, a Virginia limited liability company (the "Borrower"), FirstFire Global Opportunities Fund LLC, a Delaware limited liability company (individually, a "Secured Party" and, collectively, the "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").

Castle (A.M.) & Co. – Security Agreement (September 6th, 2017)

Revolving Credit and Security Agreement dated August 31, 2017, among A.M. Castle & Co., a Maryland corporation ("Castle"), Total Plastics, Inc., a Michigan corporation ("Plastics"), HY-Alloy Steels Company, a Delaware corporation ("HY-Alloy"), Keystone Tube Company, LLC, a Delaware limited liability company ("Keystone Tube"), and Keystone Service, Inc., an Indiana corporation ("Keystone Service"), the other borrowers from time to time party hereto (together with Castle, Plastics, HY-Alloy, Keystone Tube and Keystone Service, the "Borrowers" and each a " Borrower"), the Guarantors (as hereinafter defined) from time to time party hereto, the financial institutions which are now or which hereafter become a party hereto (collectively, the "Lenders" and individually a "Lender") and PNC Bank, National Association ("PNC"), as administrative and collateral agent for the Lenders (PNC, in such capacity, the "Agent").

Security Agreement (August 29th, 2017)

THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this Agreement), dated as of August 29, 2017, is among Green Plains Inc. (the Borrower), and each Subsidiary of the Borrower that from time to time becomes a party hereto (each such Subsidiary together with the Borrower, individually each a Debtor and collectively the Debtors) and BNP Paribas, as collateral agent (in such capacity, the Collateral Agent).

Gateway Inds Inc – Supplement to the Security Agreement (August 23rd, 2017)

THIS SUPPLEMENT TO THE SECURITY AGREEMENT ("Supplement") is made and entered into as of August 21, 2017, by and among Function(x) Inc., a Delaware corporation, formerly known as Viggle Inc. (the "Borrower"), Sillerman Investment Company IV, LLC (the "Initial Secured Party") and Reaz Islam ("Additional Party"). Capitalized terms used herein but not otherwise defined herein shall have the meaning set forth in the Security Agreement.

Impac Mortgage Holdings, Inc. – Security Agreement (August 22nd, 2017)

THIS SECURITY AGREEMENT (this Agreement) is executed to be effective as of August 17, 2017, by IMPAC MORTGAGE CORP., a California corporation (hereinafter referred to as Debtor), in favor of MERCHANTS BANK OF INDIANA, an Indiana banking institution (hereinafter referred to as Lender).

Security Agreement (August 21st, 2017)

THIS SECURITY AGREEMENT dated as of May 26, 2017 (as amended, modified, restated or supplemented from time to time, the "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 UBS AG, Stamford Branch, as administrative agent (in such capacity, the "Administrative Agent") for the Secured Creditors (defined below).

Security Agreement (August 14th, 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 LG Capital Funding, LLC ("Secured Party"), a security interest in the property as set out in Exhibit A attached hereto,

ADVANCED MEDICAL ISOTOPE Corp – Security Agreement (August 11th, 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.

Bluerock Residential Growth REIT, Inc. – Interest Rate Cap Reserve and Security Agreement (August 9th, 2017)

This INTEREST RATE CAP RESERVE AND SECURITY AGREEMENT (this "Agreement"), dated as of June 9, 2017, is by and between BR CWS CANYON SPRINGS OWNER, 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").

Electric Vehicle Research Corp – Security Agreement (August 9th, 2017)

This SECURITY AGREEMENT, dated as of Aug. 3, 2017 (this "Agreement"), is among Advanced Environmental Petroleum Producers, Inc., a Florida corporation (the "Company"), all of the Subsidiaries of the Company, including Oncolix, Inc. ("Oncolix") (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 fifteen (15) months following their issuance, in the original aggregate principal amount of $ (collectively, the "Notes") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties").

Bluerock Residential Growth REIT, Inc. – Interest Rate Cap Reserve and Security Agreement (August 9th, 2017)

This INTEREST RATE CAP RESERVE AND SECURITY AGREEMENT (this "Agreement"), dated as of June 9, 2017, is by and between BR CWS CASCADES I OWNER, 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").

Bluerock Residential Growth REIT, Inc. – Interest Rate Cap Reserve and Security Agreement (August 9th, 2017)

This INTEREST RATE CAP RESERVE AND SECURITY AGREEMENT (this "Agreement"), dated as of June 9, 2017, is by and between BR CWS CROWN RIDGE OWNER, 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").

Bluerock Residential Growth REIT, Inc. – Interest Rate Cap Reserve and Security Agreement (August 9th, 2017)

This INTEREST RATE CAP RESERVE AND SECURITY AGREEMENT (this "Agreement"), dated as of June 9, 2017, is by and between BR CWS CASCADES II OWNER, 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").