Common use of Composition of the Collateral Clause in Contracts

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, or any other Loan Document and the provisions of Section 5.2 is herein collectively called the “Collateral.” The Collateral, together with all the Borrower’s other property of any kind held by the Lender, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender until all Obligations have been satisfied in full, and the Discretionary Facility has terminated.

Appears in 2 contracts

Sources: Discretionary Credit Agreement (Medicalcv Inc), Discretionary Credit Agreement (Medicalcv Inc)

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, Agreement or any other Loan Document or other agreement and the provisions of Section 5.2 is herein collectively called the “Collateral.” The Collateral, together with all the Borrower’s other property of any kind held by the Lender, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender until all Obligations have been satisfied in full, and the Discretionary Facility has terminated.

Appears in 1 contract

Sources: Credit Agreement (Medicalcv Inc)

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, the Mortgage or any other Loan Document and the provisions of Section 5.2 is herein collectively called the “Collateral.” The Collateral, together with all the Borrower’s other property of any kind held by the Lender, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender until all Obligations have been satisfied in full, and the Discretionary Facility has terminated.

Appears in 1 contract

Sources: Discretionary Credit Agreement (Medicalcv Inc)

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, or any other Loan Document and the provisions of Section 5.2 is herein collectively called the "Collateral." The Collateral, together with all the Borrower’s 's other property of any kind held by the LenderBank, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender Bank until all Obligations have been satisfied in full, and the Discretionary Revolving Credit Facility has terminated.

Appears in 1 contract

Sources: Revolving Credit Agreement (August Technology Corp)

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, Agreement or any other Loan Document and the provisions of Section 5.2 is herein collectively called the “Collateral.” The Collateral, together with all the Borrower’s other property of any kind held by the LenderBank, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender Bank until all Obligations have been satisfied in full, and the Discretionary Revolving Credit Facility has terminated.

Appears in 1 contract

Sources: Credit Agreement (Access Integrated Technologies Inc)

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this the Pledge Agreement, the May Security Subordination Agreement, or any other Loan Document and the provisions of Section 5.2 4.02 hereof is herein collectively called referred to herein as the "Collateral." The Collateral, together with all the Borrower’s other property of the Borrower of any kind held by the LenderBank, shall stand as one general, continuing collateral security for all of the Obligations, Obligations and may be retained by the Lender Bank until all Obligations have been satisfied in full, and the Discretionary Facility has terminated.

Appears in 1 contract

Sources: Loan Agreement (Metropolitan Financial Corp /Oh/)

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, or any other Loan Document and the provisions of Section 5.2 is herein collectively called the “Collateral.” The Collateral, together with all the Borrower’s other property of any kind held by the Lender, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender until all Obligations have been satisfied in full, and the Discretionary Facility has terminated.

Appears in 1 contract

Sources: Credit Agreement (Medicalcv Inc)

Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, or any other Loan Document and the provisions of Section 5.2 is herein collectively called the “Collateral.” The Collateral, together with all the Borrower’s other property of any kind held by the LenderBank, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender Bank until all Obligations have been indefeasibly satisfied in full, and the Discretionary Revolving Credit Facility has terminated.

Appears in 1 contract

Sources: Credit Agreement (Vascular Solutions Inc)