Security Agreement Sample Contracts

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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.

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.

SECURITY AGREEMENT (PFI General -- All-Inclusive Security Interest Covering Personal Property) (With Select Financing Provisions) (November 17th, 2017)

THIS SECURITY AGREEMENT ("this Agreement" or "Security Agreement") is entered into on November 15, 2017 ("Effective Date") by and between MagneGas Corporation, a Delaware corporation ("Debtor"), as lessee and debtor, with and for the benefit of Point Financial, Inc., an Arizona corporation ("Lessor"), its transferees, and assigns, as lessor and secured party. (The Lessor and each subsequent transferee of the Lease Agreement described below, whether taking by endorsement or otherwise, are herein successively called "Secured Party." Debtor and Secured Party are referenced collectively as the "Parties" and individually as a "Party".)

Casa Systems Inc – SECURITY AGREEMENT Dated as of December 20, 2016 Among CASA SYSTEMS, INC., THE SUBSIDIARIES OF CASA SYSTEMS, INC. IDENTIFIED HEREIN and JPMORGAN CHASE BANK, N.A., as Collateral Agent (November 17th, 2017)

SECURITY AGREEMENT dated as of December 20, 2016, among CASA SYSTEMS, INC. (the Borrower), the Subsidiaries of the Borrower party hereto from time to time and JPMORGAN CHASE BANK, N.A., as Collateral Agent for the Secured Parties.

SECURITY AGREEMENT (PFI General -- Intellectual Property Collateral) (November 17th, 2017)

THIS SECURITY AGREEMENT ("this Agreement" or "Security Agreement") is entered into on November 15, 2017 ("Effective Date") by and between MagneGas Corporation, a Delaware corporation ("Debtor"), as borrower and debtor, with and for the benefit of Point Financial, Inc., an Arizona corporation ("Lessor"), its transferees, and assigns, as lessor and secured party. (The Lessor and each subsequent transferee of or of any interest in the Lease Agreement described below, whether taking by endorsement or otherwise, are herein successively called "Secured Party." Debtor and Secured Party are referenced collectively as the "Parties" and individually as a "Party".)

SECURITY AGREEMENT (Collateral Assignment and Pledge of Ownership Interests in Subsidiaries) (November 17th, 2017)

THIS SECURITY AGREEMENT ("Agreement" or "Security Agreement") is entered into on November 15, 2017 ("Effective Date") by and between MagneGas Corporation, a Delaware corporation ("Debtor"), as lessee, assignor, pledgor and debtor, and Point Financial, Inc., an Arizona corporation ("Secured Party"), as lessor, assignee, pledgee and secured party. Debtor and Secured Party sometimes may be referred to collectively as the "Parties" or individually as a "Party."

Security Agreement (November 8th, 2017)

This SECURITY AGREEMENT, dated as of November 6, 2017 (the "Agreement") is by and among Petro River Oil Corp, Inc., a company duly organized and validly existing under the laws of Delaware (the "Company") and Petro Exploration Funding II, LLC, a company duly organized and validly existing under the laws of New York (the "Purchaser").

Security Agreement (November 8th, 2017)

This Security Agreement dated as of November 8, 2017 ("Security Agreement"), is by and among Pioneer Energy Services Corp., a Texas corporation (the "Borrower"), certain Subsidiaries of the Borrower signatory hereto (together with the Borrower and any other Person that may become a party hereto pursuant to Section 21 hereof, the "Grantors" and each individually, a "Grantor") and Wilmington Trust, National Association, as administrative agent under the Credit Agreement referred to below, for the ratable benefit of itself and the other Secured Parties (as defined in the Credit Agreement referred to below) (in such capacity, the "Administrative Agent").

FEDERAL HOME LOAN BANK OF CHICAGO AMENDMENT TO ADVANCES, COLLATERAL PLEDGE, AND SECURITY AGREEMENT [Custom Form - RWT Financial, LLC] (November 7th, 2017)

WHEREAS, the Member and the Bank have previously entered into an Advances, Collateral Pledge, and Security Agreement ("Agreement"), dated July 16, 2014; and,

American Church Mortgage Co – Security Agreement (November 7th, 2017)

THIS SECURITY AGREEMENT ("Security Agreement") is made as of November 6, 2017, by American Church Mortgage Company, a Minnesota corporation (the "Company"), in favor of Herring Bank, a state banking institution, as trustee under the Indenture described below (the "Trustee").

Security Agreement (November 6th, 2017)

This SECURITY AGREEMENT, dated as of October 31, 2017 (this Agreement), is entered into by and between Precipio, Inc., a Delaware corporation (the Company) and Collateral Services LLC, in its capacity as collateral agent for the Vendors (as defined below) (the Collateral Agent).

Acacia Diversified Holdings, Inc. – Security Agreement Including a Provision for Future Advances (November 3rd, 2017)

For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged including without limitation the agreement that Secured Party has loaned to Debtor the monies in the amounts and on the terms contained in the Consolidated Promissory Note in the original principal amount of $558, 400.00 dated as of September 27, 2017 made by Debtor payable to Secured Party ("Consolidated Promissory Note") and as contained in this Security Agreement and to secure payment and performance of the obligations of Debtor: (i) under the Consolidated Promissory Note, plus interest and any extensions, future advances, renewals, modifications or novations thereof (the "Note"); (2) the other documents given by Debtor to Secured Party ("Documents"); (iii) any other obligations of Debtor to Secured Party; and (iv) all costs and expenses incurred by Secured Party including but not limited to attorney's fees to obtain, preserve, perfect and enforce the security interest granted herein and

Acacia Diversified Holdings, Inc. – Security Agreement Including a Provision for Future Advances (November 3rd, 2017)

For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged including without limitation the agreement that Secured Party has loaned to the parent corporation of Debtor the monies in the amounts and on the terms contained in the Consolidated Promissory Note in the original principal amount of $558,400.00 dated as of September 27, 2017 made by the parent corporation of Debtor payable to Secured Party ("Consolidated Promissory Note") and as contained in this Security Agreement and to secure payment and performance of the obligations of the parent corporation of Debtor: (i) under the Consolidated Promissory Note, plus interest and any extensions, future advances, renewals, modifications or novations thereof (the "Note"); (2) the other documents given by the parent corporation of Debtor to Secured Party ("Documents"); (iii) any other obligations of the parent corporation of Debtor to Secured Party; and (iv) all costs and expenses incurred by Secured Part

Acacia Diversified Holdings, Inc. – Security Agreement Including a Provision for Future Advances (November 3rd, 2017)

For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged including without limitation the agreement that Secured Party has loaned to the parent corporation of Debtor the monies in the amounts and on the terms contained in the Consolidated Promissory Note in the original principal amount of $558,400.00 dated as of September 27, 2017 made by the parent corporation of Debtor payable to Secured Party ("Consolidated Promissory Note") and as contained in this Security Agreement and to secure payment and performance of the obligations of the parent corporation of Debtor: (i) under the Consolidated Promissory Note, plus interest and any extensions, future advances, renewals, modifications or novations thereof (the "Note"); (2) the other documents given by the parent corporation of Debtor to Secured Party ("Documents"); (iii) any other obligations of the parent corporation of Debtor to Secured Party; and (iv) all costs and expenses incurred by Secured Part

Security Agreement: Business Assets (November 3rd, 2017)
Bluerock Residential Growth REIT, Inc. – Collateral Assignment and Security Agreement in Respect of Contracts, Licenses and Permits (November 3rd, 2017)
Acacia Diversified Holdings, Inc. – Security Agreement Including a Provision for Future Advances (November 3rd, 2017)

For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged including without limitation the agreement that Secured Party has loaned to the parent corporation of Debtor the monies in the amounts and on the terms contained in the Consolidated Promissory Note in the original principal amount of $558,400.00 dated as of September 27, 2017 made by the parent corporation of Debtor payable to Secured Party ("Consolidated Promissory Note") which loans have benefited the Debtor and as contained in this Security Agreement and to secure payment and performance of the obligations of the parent corporation of Debtor: (i) under the Consolidated Promissory Note, plus interest and any extensions, future advances, renewals, modifications or novations thereof (the "Note"); (2) the other documents given by the parent corporation of Debtor to Secured Party ("Documents"); (iii) any other obligations of the parent corporation of Debtor or Debtor to Secured Party; and (iv)

Terra Tech Corp. – Security Agreement (November 1st, 2017)

THIS SECURITY AGREEMENT (this "Agreement") is made and entered into as of October 30, 2017, by and between NULEAF SPARKS CULTIVATION, LLC, a Nevada limited liability company ("NuLeaf Cultivation" or "Borrower") and MEDIFARM III, LLC, a Nevada limited liability company ("Lender"). Borrower and Lender are a "Party," and collectively the "Parties" hereto. All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in that certain Convertible Promissory Note by and among Lender and Borrower (the "Convertible Note").

Terra Tech Corp. – Security Agreement (November 1st, 2017)

THIS SECURITY AGREEMENT (this "Agreement") is made and entered into as of October 30, 2017, by and between, NULEAF RENO PRODUCTION, LLC, a Nevada limited liability company ("NuLeaf Production" or "Borrower") and MEDIFARM III, LLC, a Nevada limited liability company ("Lender"). Borrower and Lender are a "Party," and collectively the "Parties" hereto. All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in that certain Convertible Promissory Note by and among Lender and Borrower (the "Convertible Note").

Cur Media, Inc. – Security Agreement (October 31st, 2017)

THIS SECURITY AGREEMENT ("Agreement") is made and entered into as of _______________, 2016, by and among CUR Media, Inc., a Delaware corporation (the "Borrower"), each subsidiary of the Borrower listed on the signature pages hereof (together with the Borrower, each a "Grantor"), and the secured parties listed on the signature pages hereof.

SMG Indium Resources Ltd. – Security Agreement (October 27th, 2017)

This Security Agreement ("Agreement") is made September 19, 2017, by and between CRESTMARK BANK, whose address is 726 Highlandia Drive, Baton Rouge, Louisiana ("Crestrnark") and SMG INDIUM RESOURCES LTD., a Delaware corporation, whose address is 710 North Post Oak Drive, Suite 400, Houston, Texas 77024 ("Guarantor").

Security Agreement (October 26th, 2017)

THIS SECURITY AGREEMENT (together with all exhibits and schedules hereto and all extensions, renewals, amendments, substitutions and replacements hereto and hereof, the "Security Agreement"), is entered into and effective as of the ___ day of __________, 2017 (the "Effective Date"), by and between PROTEA BIOSCIENCES, INC., a Delaware corporation having an address at 1311 Pineview Drive, Morgantown, West Virginia 26506 (the "Borrower"), and SUMMIT RESOURCES, INC., a West Virginia corporation, having an address at 303 Middle Collision Road, Mount Lookout, West Virginia 26678, or its successors and/or assigns (the "Lender").

Synthesis Energy Systems, Inc. – Security Agreement (October 25th, 2017)

This SECURITY AGREEMENT, dated as of October 24, 2017 (this "Agreement"), is among Synthesis Energy Systems, Inc., a Delaware corporation (the "Company"), all of the Domestic Subsidiaries (as defined below) of the Company from time to time party hereto (such subsidiaries, the "Guarantors" and together with the Company, the "Debtors"), and the holders of the Company's 11% Senior Secured Debentures due five (5) years following their issuance, in the original aggregate principal amount of $8,000,000 (collectively, the "Debentures") signatory hereto, their endorsees, transferees and assigns (collectively, the "Secured Parties"), and T.R. Winston & Company, LLC, as agent for the Secured Parties (the "Agent").

BMW Vehicle Lease Trust 2017-2 – Back-Up Security Agreement (October 25th, 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.

Cvsl Inc. – Security Agreement (October 24th, 2017)

This SECURITY AGREEMENT, dated as of October 19, 2017 (this "Agreement"), is by and among JRjr33, Inc., a Florida corporation (the "Company"), the Subsidiaries of the Company that are signatories hereto (such subsidiaries, the "Guarantors" and together with the Company, the "Debtors"), the holders of the Company's 14.0% Original Issue Discount Senior Secured Guaranteed Convertible Term Loan Notes due October 19, 2020, in the original aggregate principal amount of $5,263,158 (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").

CURO Group Holdings Corp. – Security Agreement (October 24th, 2017)

SECURITY AGREEMENT, dated as of November 17, 2016 made by each of the undersigned assignors (each, an Assignor and, together with any other entity that becomes an assignor hereunder pursuant to Section 10.12 hereof, the Assignors) in favor of Victory Park Management, LLC, 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.

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").