Loan Administration. (a) All advances and other extensions of credit to or for the benefit of Borrower shall constitute one general obligation of Borrower, and shall be secured by Lender’s Lien upon all of the Collateral.
Appears in 2 contracts
Samples: Loan Agreement (Regeneration Technologies Inc), Loan Agreement (Tandem Health Care, Inc.)
Loan Administration. (a) All advances and other extensions of credit to or for the benefit of Borrower shall constitute one general obligation of Borrower, and each entity comprising Borrower, jointly and severally, will be obligated to pay all amounts owing under this Agreement. Such Obligations shall be secured by Lender’s Lien upon all of the Collateral.
Appears in 2 contracts
Samples: Loan and Security Agreement (Nimblegen Systems Inc), Loan and Security Agreement (Nimblegen Systems Inc)
