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.

Mount TAM Biotechnologies, Inc. – Security Agreement (April 17th, 2018)

THIS SECURITY AGREEMENT (this "Agreement") by and among Mount Tam Biotechnologies, Inc., a Nevada corporation (the "Debtor") on the one hand, and Fromar Investments, LP, on the other hand ("Secured Party") is effective as of March 5, 2018 (the "Agreement"). In consideration of the financial accommodations extended to the Debtor by the Secured Party, the Debtor hereby agrees that the Secured Party shall have all of the rights given herein against the Debtor in addition to those given by law or by the Secured Convertible Promissory Note issued by the Debtor to the Secured Party on or about March 5, 2018 (the "Note") or any other agreement or document underlying the Liabilities:

Digital Power Corporation – Security Agreement (April 16th, 2018)

THIS SECURITY AGREEMENT (this "Agreement"), is entered into as of April 16, 2018, by and between DPW Holdings, Inc., a Delaware corporation (the "Parent"), Super Crypto Mining, Inc., a Delaware corporation (the "Borrower"), and ______________ (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 by and between the Parent and the Secured Party of even date (the "Securities Purchase Agreement").

Adial Pharmaceuticals, L.L.C. – Security Agreement (April 16th, 2018)

SECURITY AGREEMENT (this "Agreement"), dated as of __________, 2018, by and between Adial Pharmaceuticals, Inc., a Delaware corporation (the "Company"), and the secured parties signatory hereto and their respective endorsees, transferees and assigns (collectively, the "Secured Parties" and each, a "Secured Party").

Globant S.A. – Security Agreement (April 13th, 2018)

SECURITY AGREEMENT, dated as of August 3, 2017 (as amended, amended and restated, supplemented or otherwise modified from time to time, this "Agreement"), by and between Globant, LLC, a Delaware limited liability company (together with its successors and assigns, the "Grantor") and HSBC Bank USA, N.A., as Administrative Agent (in such capacity, and together with any successor in such capacity, the "Administrative Agent"), for the benefit of the Secured Parties.

Escondido Innovations, Inc. – Security Agreement - Feature Film (April 13th, 2018)

This SECURITY AGREEMENT - FEATURE FILM ("Agreement"), dated as of December 28, 2017, is between MANUSCRIPT PRODUCTIONS, LLC, an Arizona limited liability company ("Debtor"), and STADSC, LLC, an Arizona limited liability company (the "Secured Party").

Escondido Innovations, Inc. – Security Agreement - Feature Films (April 13th, 2018)

This SECURITY AGREEMENT - FEATURE FILMS ("Agreement"), dated as of December 28, 2017, is between MANUSCRIPT PRODUCTIONS, LLC, an Arizona limited liability company, and MJW MEDIA, INC, a Delaware corporation (collectively, "Debtor"), and STADSC, LLC, an Arizona limited liability company (the "Secured Party").

Escondido Innovations, Inc. – Security Agreement - Feature Film (April 13th, 2018)

This SECURITY AGREEMENT - FEATURE FILM ("Agreement"), dated as of December 28, 2017, is between MJW MEDIA, INC, a Delaware corporation ("Debtor"), and STADSC, LLC, an Arizona limited liability company (the "Secured Party").

Mount TAM Biotechnologies, Inc. – Security Agreement (April 12th, 2018)

THIS SECURITY AGREEMENT (this "Agreement") by and among Mount Tam Biotechnologies, Inc., a Nevada corporation (the "Debtor") on the one hand, and Fromar Investments, LP, on the other hand ("Secured Party") is effective as of March 5, 2018 (the "Agreement"). In consideration of the financial accommodations extended to the Debtor by the Secured Party, the Debtor hereby agrees that the Secured Party shall have all of the rights given herein against the Debtor in addition to those given by law or by the Secured Convertible Promissory Note issued by the Debtor to the Secured Party on or about March 5, 2018 (the "Note") or any other agreement or document underlying the Liabilities:

Instanet – Security Agreement (April 11th, 2018)

This SECURITY AGREEMENT (this "Agreement") is made as of April 5, 2018 by and among True Drinks Holdings, Inc., a Nevada corporation (the "Grantor"), and Red Beard Holdings, LLC, a Delaware limited liability company, holder of the Grantor's Senior Secured Notes due on or before December 31, 2019, in the original aggregate principal amount of Two Million, Two Hundred Fifty Thousand Dollars ($2,250,000) (the "Note") (together with its endorsees, transferees and assigns, the "Secured Party").

Novume Solutions, Inc. – Security Agreement (April 9th, 2018)

THIS SECURITY AGREEMENT made as of this 3rd day of April 2018, by and between BREKFORD TRAFFIC SAFETY, INC. ("BTS" or "Debtor")), a Delaware corporation, and CEDARVIEW OPPORTUNITIES MASTER FUND, LP, a Delaware limited partnership, with an office located at One Penn Plaza, 45th Floor, New York, NY 10119 (the "Creditor").

Broadleaf Capital Partners Inc. – Security Agreement (April 9th, 2018)

THIS SECURITY AGREEMENT, dated as of October [ ] , 2017 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this "Agreement"), made by and among TimeFireVR Inc. a Nevada corporation (the "Grantor"), in favor of ______________ and ____________________. Each of __________shall be a "Secured Party, and collectively the "Secured Parties".

Security Agreement (April 4th, 2018)

THIS SECURITY AGREEMENT (this "Agreement"), is dated as of March 23, 2018, by and between ZOOMPASS HOLDING, INC., a Nevada corporation (the "Debtor"), and - (the "Secured Party"). All capitalized terms not otherwise defined herein shall have the meanings set forth in the Note and Subscription Agreement.

Digital Ally – Security Agreement (April 4th, 2018)

This SECURITY AGREEMENT, dated as of April 3, 2018 (this "Agreement"), is among Digital Ally, Inc., a Nevada 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 their endorsees, transferees and assigns (collectively, the "Secured Parties").

Endurance Exploration Group, Inc. – Security Agreement (April 4th, 2018)

MICAH ELDRED, individually and as managing member of CONNECT X CAPITAL MARKETS LLC (the " Secured Party"), a Florida limited liability corporation, with its principal place of business located at:

Security Agreement (March 29th, 2018)

This Security Agreement (the "Agreement") is hereby entered into by and among Ascent Solar Technologies, Inc., a Delaware corporation ("Debtor") and each of the persons identified on the signature pages hereto as a "Secured Party" (each, a "Secured Party" and collectively, the "Secured Parties"), as of the 30th day of November, 2017.

Security Agreement (March 21st, 2018)

THIS SECURITY AGREEMENT (together with all amendments, supplements or other modifications, this "Agreement") is effective as of March 15, 2018 by and between SAKER AVIATION SERVICES, INC., a corporation organized under the laws of the State of Nevada and having an address at 20 South Street, Pier 6 East River, New York, NY 10004, ("Borrower") and KEYBANK NATIONAL ASSOCIATION, a national banking association with a banking office at 731 Chestnut Street, Emmaus PA 18049 ("Lender").

Andina II Holdco Corp. – Security Agreement (March 21st, 2018)

THIS SECURITY AGREEMENT (this "Agreement") is entered into as of the 15th day of March, 2018 by and between LDRV HOLDINGS CORP., a Delaware corporation, LAZYDAYS RV AMERICA, LLC, a Delaware limited liability company, LAZYDAYS RV DISCOUNT, LLC, a Delaware limited liability company and LAZYDAYS MILE HI RV, LLC, a Delaware limited liability company, (collectively, the "Borrowers"), LAZYDAYS HOLDINGS INC., a Delaware corporation, LAZY DAYS' R.V. CENTER, INC., a Delaware corporation, LAZYDAYS RV AMERICA, LLC, a Delaware limited liability company and LAZYDAYS LAND HOLDINGS, LLC, a Delaware limited liability company (collectively, the "Guarantors"); and MANUFACTURERS AND TRADERS TRUST COMPANY, in its capacity as administrative agent (the "Administrative Agent") under the Credit Agreement of even date herewith (as amended, modified, or restated from time to time, the "Credit Agreement") by and among the Borrowers, the Administrative Agent, the "Lenders" and the "Issuing Bank" that are parties

Hartman vREIT XXI, Inc. – Deed of Trust, Security Agreement and Assignment of Rents (March 15th, 2018)

THAT HARTMAN RICHARDSON TECH CENTER, LLC, a Texas limited liability company (hereinafter referred to as Grantor), whose mailing address is 2909 Hillcroft, Suite 420, Houston, Texas 77057, in consideration of the sum of Ten ($10.00) Dollars to Grantor in hand paid, the receipt and sufficiency of which is hereby acknowledged, and in further consideration of the uses, purposes and trusts herein set forth and declared, have Granted, Bargained and Sold, and by these presents do hereby Grant, Bargain, Sell and Convey unto James L. Hedrick, Trustee (hereinafter referred to as Trustee), in trust, whose mailing address is Potter Minton, Attn: James L. Hedrick, Plaza Tower, Suite 500, 110 N. College, Tyler, Texas 75702, all of the property described in paragraphs A, B and C, immediately following, to-wit:

Babcock & Brown Air Limited – Security Agreement [Fly 2017a Term Loan] (March 14th, 2018)

SECURITY AGREEMENT [FLY 2017A TERM LOAN], dated as of December 8, 2017, made by MAGELLAN ACQUISITION LIMITED, a company incorporated under the laws of Bermuda (the "Borrower"), and each of the other signatories hereto set forth on the signature pages under the caption "Grantors" (together with the Borrower and any other Person that may become a "grantor" hereunder as provided herein, the "Grantors"), in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as Security Trustee (in such capacity, the "Security Trustee") for the benefit of the Secured Parties (as defined below).

Babcock & Brown Air Limited – SECURITY AGREEMENT [FLY 2016A WAREHOUSE] Made by FLY ACQUISITION III LIMITED and Certain Other Grantors in Favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as Security Trustee Dated as of February 26, 2016 (March 14th, 2018)

SECURITY AGREEMENT [FLY 2016A WAREHOUSE], dated as of February 26, 2016, made by FLY ACQUISITION III LIMITED, a company incorporated under the laws of Bermuda (the "Borrower"), and each of the other signatories hereto set forth on the signature pages under the caption "Grantors" (together with the Borrower and any other Person that may become a "grantor" hereunder as provided herein, the "Grantors"), in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as Security Trustee (in such capacity, the "Security Trustee") for the benefit of the Secured Parties (as defined below).

UA Granite Corp – Security Agreement (March 13th, 2018)

This SECURITY AGREEMENT is dated as of March 7, 2018 (the "Effective Date"), by and between Vortex Blockchain, LLC, an Iowa limited liability company (the "Grantor" or "Company"), and UA Granite Corporation, a Nevada corporation (the "Secured Party").

Schedule a to Security Agreement - Revised (March 7th, 2018)
First Amendment to Note Purchase and Collateral Trust and Security Agreement (March 7th, 2018)

This FIRST AMENDMENT TO NOTE PURCHASE AND COLLATERAL TRUST AND SECURITY AGREEMENT (this "First Amendment") is made and entered into as of September 27, 2016, by and among BLUEGREEN CORPORATION, a Florida corporation, BLUEGREEN VACATIONS UNLIMITED, INC., a Florida corporation, BLUEGREEN RESORTS MANAGEMENT, INC., a Delaware corporation, and TFRI 2013-1 LLC, a Delaware limited liability company (together with any successor to any of such parties that becomes a party to the Note Purchase Agreement, as defined below, pursuant to Section 10.2 thereof, each an "Obligor" and, collectively, the "Obligors"), BLUEGREEN NEVADA, LLC, a Delaware limited liability company, as Guarantor ("Bluegreen Nevada" and, collectively with the Obligors, the "Company"), AIG ASSET MANAGEMENT (U.S.) LLC (the "Designated Representative"), U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity but solely as Collateral Agent, Note Registrar, and Paying Agent (in such capacities, the "Agent"), and AMERICAN GENE

Discovery Laboratories, Inc. – Security Agreement (March 5th, 2018)

This Security Agreement, dated as of March 1, 2018 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this "Agreement"), made by and among Windtree Therapeutics, Inc., a Delaware corporation with its principal offices at 2600 Kelly Rd., Suite 100, Warrington, PA 18976 (the "Grantor"), in favor of LPH Investments Ltd., a Cayman Islands company organized and existing under the laws of Cayman Islands with its principal offices at Unit 110-111, Bio-Informatics Centre, No. 2 Science Park West Avenue, Hong Kong Science Park, Shatin, Hong Kong (the "Secured Party").

Go2Green Landscaping, Inc. – Security Agreement (March 2nd, 2018)

This Security Agreement ("Security Agreement") is executed by nDivision, Inc., a Texas corporation ("Maker"), to secure all obligations under the Secured Promissory Note ("Note"), in favor of Gamwell Technologies Inc., a Texas corporation ("Holder"), made pursuant to that certain Asset Purchase Agreement of even date between Maker, Holder, Timothy Gamwell and Cecilia Gamwell ("Asset Purchase Agreement").

Security Agreement (March 2nd, 2018)

THIS SECURITY AGREEMENT (this Agreement), dated as of February 26, 2018, is executed by Jaguar Health, Inc., a Delaware corporation (Debtor), in favor of Chicago Venture Partners, L.P., a Utah limited partnership (Secured Party).

Milacron Holdings Corp. – AMENDMENT No. 2, Dated as of November 8, 2017 (This "Amendment"), to (I) the Credit Agreement Dated as of May 14, 2015 and as Amended by Amendment No. 1, Dated as of February 15, 2017, Among Milacron Holdings Corp., a Delaware Corporation ("Holdings"), Milacron LLC, a Delaware Limited Liability Company (The "Borrower"), the Guarantors Party Thereto, the Several Banks and Other Financial Institutions or Entities From Time to Time Party to the Credit Agreement (The "Lenders") and JPMorgan Chase Bank, N.A., as Administrative Agent (In Such Capacity, the "Administrative Agent") (As Amended, Restat (February 28th, 2018)

THIS TERM LOAN AGREEMENT (this "Agreement") is dated as of May 14, 2015, and amended as of February 15, 2017 and November 8, 2017, by and among MILACRON HOLDINGS CORP., a Delaware corporation ("Holdings"), MILACRON LLC, a Delaware limited liability company (the "Borrower"), each Subsidiary of the Borrower from time to time party hereto as a Guarantor (this and each other capitalized term used herein without definition having the meaning assigned to such term in Section 1.1), the financial institutions party to this Agreement from time to time as lenders (collectively, the "Lenders"), and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders and as collateral agent for the Secured Parties (in such capacities, the "Administrative Agent").

Calpian Inc. – Security Agreement (February 28th, 2018)

This SECURITY AGREEMENT (this "Agreement") is made by and entered into as of February 28, 2018 (the "Effective Date"), by and between MoneyOnMobile, Inc., a Texas corporation (the "Grantor" or "Company"), in favor of Laird Cagan (the "Secured Party").

Tetridyn Solutions Inc – Security Agreement (February 23rd, 2018)

THIS SECURITY AGREEMENT (this "Agreement"), is entered into as of February 16, 2018, by and between Ocean Thermal Energy Corporation, a Nevada corporation (the "Borrower"), and L2 Capital, LLC, a Kansas 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").

American Complex Care Inc – Security Agreement (February 23rd, 2018)

THIS SECURITY AGREEMENT, dated as of February 21, 2018 (as amended, supplemented, or otherwise modified from time to time, this "Agreement"), between Summer Energy Northeast, LLC (formerly: REP Energy, LLC), a Texas limited liability company ("Grantor"), as Grantor, and EDF Energy Services, LLC, a Delaware limited liability company, as secured party (the "Secured Party"):

First Amendment to Amended and Restated Master Lease and Security Agreement (February 22nd, 2018)

THIS FIRST AMENDMENT TO AMENDED AND RESTATED MASTER LEASE AND SECURITY AGREEMENT (this "Amendment") is made as of January 10, 2018, but effective as of November 1, 2017 (the "Effective Date"), by and among (i) HCP - AM/Colorado, LLC, a Delaware limited liability company, HCP - AM/Illinois, LLC, a Delaware limited liability company, HCP - AM/Tennessee, LLC, a Delaware limited liability company, HCP Brofin Properties, LLC, a Delaware limited liability company, HCP Cy-Fair, LLC, a Delaware limited liability company, HCP Eden2 A Pack, LLC, a Delaware limited liability company, HCP Eden2 B Pack, LLC, a Delaware limited liability company, HCP Emfin Properties, LLC, a Delaware limited liability company, HCP EMOH, LLC, a Delaware limited liability company, HCP Friendswood, LLC, a Delaware limited liability company, HCP HB2 Sakonnet Bay Manor, LLC, a Delaware limited liability company, HCP HB2 South Bay Manor, LLC, a Delaware limited liability company, HCP Jacksonville, LLC, a Delaware limited

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.