Common use of All Loans to Constitute One Obligation Clause in Contracts

All Loans to Constitute One Obligation. All Loans shall constitute one general obligation of Borrower, and shall be secured by Lender's security interest in and Lien upon all of the Collateral, and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by Borrower or any Subsidiary to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc)

AutoNDA by SimpleDocs

All Loans to Constitute One Obligation. All The Loans shall constitute one general obligation Obligation of Borrower, and shall be secured by Lender's security interest in and Lien upon all of the Collateral, and by all other security interests interests, Liens, claims and Liens encumbrances heretofore, now or at any time or times hereafter granted by Borrower or any Subsidiary to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc)

All Loans to Constitute One Obligation. All The Loans shall constitute -------------------------------------- one general obligation of BorrowerBorrowers, and shall be secured by LenderBank's security interest in and Lien upon all of the Collateral, Collateral and by all other security interests interests, Liens, claims and Liens encumbrances heretofore, now or at any time or times hereafter granted by Borrower or any Subsidiary Borrowers to LenderBank.

Appears in 1 contract

Samples: Loan and Security Agreement (Heartland Partners L P)

All Loans to Constitute One Obligation. All The Loans shall constitute one general obligation of Borrower, and shall be secured by Lender's the security interest in and Lien upon all of the Collateral, for Bank's benefit, and by all other security interests interests, Liens, claims and Liens encumbrances heretofore, now or at any time or times hereafter granted by Borrower or any Subsidiary to LenderBank.

Appears in 1 contract

Samples: Loan and Security Agreement (Heartland Technology Inc)

AutoNDA by SimpleDocs

All Loans to Constitute One Obligation. All Loans shall constitute one general obligation Obligation of BorrowerBorrowers, and shall be secured by Lender's security interest in and Lien upon all of the Collateral, Collateral and by all other security interests and Liens heretofore, now or at any time or times hereafter granted by Borrower or any Subsidiary Loan Party to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Avalon Community Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.