Cancellation of Security Agreement. Effective as of the Closing, the Security Agreement executed on September 12, 2001 by Investor, Xxxxxxxx, the Company, SDIF and SDIBC will be of no further force and effect solely with respect to the Company and SDIBC, but not with respect to SDIF.
Cancellation of Security Agreement. If at any time during the period of this Security Agreement there are no Obligations outstanding and all obligations and other sums due and owing under this Security Agreement by Grantor have been paid and satisfied in full, Beneficiary will, upon written request of Grantor and at Grantor's costs and expense, execute and deliver to Grantor a reconveyance or satisfaction of this Security Agreement.
Cancellation of Security Agreement. If at any time during the period of this Security Agreement there are no Obligations outstanding (whether owed by Grantor to Bank or some other person to Bank), no obligation of Bank to make any further advances to Grantor and no obligation of Bank to make any further advances to any other person in connection with any of the Obligations and otherwise, which advances would or could be secured by this Security Agreement, and all obligations and other sums due and owing under this Security Agreement and the other Loan Documents by either Grantor or some other person – or both, have been paid and satisfied in full, Bank will, upon written request of Grantor and at Grantor’s costs and expense, execute and deliver to Grantor a reconveyance or satisfaction of this Security Agreement. (Signatures Begin on the Next Page, Followed by Information Schedule, Attachments, Etc.) The undersigned has executed this Security Agreement as of the effective date set forth in the Information Schedule. RELM WIRELESS CORPORATION, a Nevada corporation By: /s/ Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx, Chief Financial Officer Witness: Xxxx Xxxxxxx Print Name: Xxxx Xxxxxxx Security Agreement Supplement & Information Schedule Subject Information Customer Number: NEW Loan Number: 1.01 Effective Date of Security Agreement December 6, 2007 Grantor: Full Legal Name: RELM Wireless Corporation Street Address: 0000 Xxxxxxxxxx Xxxxx P.O. Box: City: West Melbourne State: Florida Zip Code: 32904 Type of Organization: corporation State of Organization: Nevada Identification No. (Tax or SS#): Chief Executive Office: 0000 Xxxxxxxxxx Xxxxx Xxxx Xxxxxxxxx, Xxxxxxx 00000 Places of Business 1. RELM Wireless Corporation 0000 Xxxxxxxxxx Xxxxx Xxxx Xxxxxxxxx, Xxxxxxx 00000 Brand Names: 1. BK Radio, RELM/BK and RELM Contact Person: Xxxxxxx X. Xxxxx Telephone Number: Facsimile Number: Email Address: Bank: Full Name: RBC Centura Bank Street Address: 0000 Xxxxx Xxxxxxx Xxxx P.O. Box: City: Melbourne State: Florida Zip Code: 32940 Contact Person: Xxxxxxx Xxxxxxx Telephone Number: 000-000-0000 Facsimile Number: 000-000-0000 Email Address: Xxxxxxx.xxxxxxx@xxx.xxx
Cancellation of Security Agreement. If at any time during the period of this Security Agreement there are no Obligations outstanding (whether owed by Grantor to Bank or some other person to Bank), no obligation of Bank to make any further advances to Grantor and no obligation of Bank to make any further advances to any other person in connection with any of the Obligations and otherwise, which advances would or could be secured by this Security Agreement, and all obligations and other sums due and owing under this Security Agreement and the other Loan Documents by either Grantor or some other person – or both, have been paid and satisfied in full, Bank will, upon written request of Grantor and at Grantor’s costs and expense, execute and deliver to Grantor a reconveyance or satisfaction of this Security Agreement. (Signatures Begin on the Next Page, Followed by Information Schedule, Attachments, Etc.) The undersigned has executed this Security Agreement as of the effective date set forth in the Information Schedule. Computer Software Innovations, Inc. Witness: By: /s/ Xxxxx X. Xxxxxxx /s/ H. Xxxxxxx Xxxxxxx, III Print Name: Xxxxx X. Xxxxxxx Print Name: H. Xxxxxxx Xxxxxxx, III Title: Chief Executive Officer Security Agreement Supplement & Information Schedule Subject Information Customer Number: Loan Number: Effective Date of Security Agreement Date: March 14, 2005 Grantor: Full Legal Name: Computer Software Innovations, Inc. Street Address: 0000 Xxxx Xxxx Xxxxxx, Xxxxx X P.O. Box: City: Easley State: South Carolina Zip Code: 29642 Type of Organization: Corporation State of Organization: Delaware Identification No. (Tax or SS#): 00-0000000 Chief Executive Office: 0000 Xxxx Xxxx Xxxxxx, Xxxxx X Xxxxxx, X.X. 00000 Contact Person: Xxxxx X. Xxxxxxx Telephone Number: 000-000-0000 Facsimile Number: 000-000-0000 Email Address: xxxxxxxx@xxx-xxxx.xxx Bank: Full Name: RBC Centura Bank Street Address: P.O. Box: 0000 Xxxx Xxxxxxx Boulevard City: Greenville State: South Carolina Zip Code: 29615 Contact Person: Xxxxxxx Xxxxx Telephone Number: (000) 000-0000 Facsimile Number: Email Address:
Cancellation of Security Agreement. Effective on and as of the Closing Date, that certain Security Agreement dated May 31, 1996, made in favor of Licensor by Licensee will be, by operation of this Agreement and without further action by the parties hereto, cancelled in its entirety and be of no further force or effect, and Licensor shall execute and deliver to Licensee a Termination Statement with respect thereto.
