Common use of Grant of Security Interests; Filing of Financing Statements Clause in Contracts

Grant of Security Interests; Filing of Financing Statements. (a) To secure the timely payment and performance of all of Borrower’s Obligations, Borrower hereby grants to Agent, for the ratable benefit of Lenders, continuing security interests in all of the Collateral. In connection with the foregoing, Borrower authorizes Agent to prepare and file any financing statements describing the Collateral without otherwise obtaining Borrower’s signature or consent with respect to the filing of such financing statements. Such financing statements may indicate the Collateral as “all assets of the Debtor” or words of similar effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (LifeMD, Inc.), Loan and Security Agreement (Health Sciences Acquisitions Corp 2)

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Grant of Security Interests; Filing of Financing Statements. (a) To secure the timely payment and performance of all of BorrowerBxxxxxxx’s Obligations, Borrower hereby grants to Agent, for the ratable benefit of the Lenders, continuing security interests in all of the Collateral. In connection with the foregoing, Borrower authorizes Agent to prepare and file any financing statements describing the Collateral without otherwise obtaining Borrower’s signature or consent with respect to the filing of such financing statements. Such financing statements may indicate the Collateral as “all assets of the Debtor” or words of similar effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Beyond Air, Inc.)

Grant of Security Interests; Filing of Financing Statements. (a) To secure the timely payment and performance of all of BorrowerXxxxxxxx’s Obligations, Borrower hereby grants to Agent, for the ratable benefit of Lenders, . continuing security interests in all of the Collateral. In connection with the foregoing, Borrower authorizes Agent to prepare and file any financing statements describing the Collateral without otherwise obtaining BorrowerXxxxxxxx’s signature or consent with respect to the filing of such financing statements. Such financing statements may indicate the Collateral as “all assets of the Debtor” or words of similar effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Biovie Inc.)

Grant of Security Interests; Filing of Financing Statements. (a) To secure the timely payment and performance of all of Borrower’s Obligations, Borrower hereby grants to Agent, for the ratable benefit of Lenders, Lender continuing security interests in all of the Collateral. In connection with the foregoing, Borrower authorizes Agent Lender to prepare and file any financing statements describing required to perfect Lender’s security interest in the Collateral without otherwise obtaining Borrower’s signature or consent with respect to the filing of such financing statements. Such financing statements may indicate the Collateral as “all assets of the Debtor” or words of similar effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Cytocom, Inc.)

Grant of Security Interests; Filing of Financing Statements. (a) To secure the timely payment and performance of all of Borrower’s Obligations, Borrower hereby grants to Agent, for the ratable benefit of Lenders, continuing security interests in all of the Collateral. In connection with the foregoing, Borrower authorizes Agent to prepare and file any reasonably appropriate financing statements describing the Collateral without otherwise obtaining Borrower’s signature or consent with respect to the filing of such financing statements. Such financing statements may indicate the Collateral as “all assets of the Debtor” or words of similar effect.

Appears in 1 contract

Samples: Loan and Security Agreement (DarioHealth Corp.)

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Grant of Security Interests; Filing of Financing Statements. (a) To secure the timely payment and performance of all of Borrower’s the Obligations, Borrower hereby grants to Agent, for the ratable benefit of Lenders, continuing security interests in all of the Collateral. In connection with the foregoing, Borrower authorizes Agent to prepare and file any financing statements describing the Collateral without otherwise obtaining Borrower’s signature or consent with respect to the filing of such financing statements. Such financing statements may indicate the Collateral as “all assets of the Debtor” or words of similar effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Abeona Therapeutics Inc.)

Grant of Security Interests; Filing of Financing Statements. (a) To secure the timely payment and performance of all of Borrower’s Obligations, Borrower hereby grants to Agent, for the ratable benefit of Lenders, Lender continuing security interests in all of its right, title and interest in, to and under the Collateral. In connection with the foregoing, Borrower authorizes Agent Lender to prepare and file any financing statements describing the Collateral without otherwise obtaining Borrower’s signature or consent with respect to the filing of such financing statements. Such financing statements may indicate the Collateral as “all assets of the Debtor” or words of similar effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Viveon Health Acquisition Corp.)

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