Common use of Appointment of Collateral Agent Clause in Contracts

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 10 contracts

Samples: Security Agreement (GT Biopharma, Inc.), Security Agreement (Immudyne, Inc.), Security Agreement (XpresSpa Group, Inc.)

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Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Pxxxxxxx Xxxxxxx to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing writing, by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Accelerated Pharma, Inc.), Securities Purchase Agreement (Accelerated Pharma, Inc.), Securities Purchase Agreement (Accelerated Pharma, Inc.)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Collateral Agents, LLC to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 3 contracts

Samples: Security Agreement (Adamis Pharmaceuticals Corp), Security Agreement (Intellect Neurosciences, Inc.), Security Agreement (China Networks International Holdings LTD)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Collateral Services LLC to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 3 contracts

Samples: Security Agreement (Mechanical Technology Inc), Security Agreement (Dataram Corp), Security Agreement (Activecare, Inc.)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Xxxxx Xxxxxxx to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (Wearable Health Solutions, Inc.)

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Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Jxxxxxx X. Quick to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (Millennium Healthcare Inc.)

Appointment of Collateral Agent. The Secured Parties hereby appoint Alpha Capital Anstalt Rxxxxxxx Xxxxxxxx, Inc. to act as their agent (“Collateral Agent”) for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Such appointment shall continue until revoked in writing by a Majority in Interest, at which time a Majority in Interest shall appoint a new Collateral Agent. The Collateral Agent shall have the rights, responsibilities and immunities set forth in Annex B hereto.

Appears in 1 contract

Samples: Security Agreement (Biofrontera Inc.)

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