Common use of Continuing Security Interest; Further Actions Clause in Contracts

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall, subject to Section 17, remain in full force and effect until payment and performance in full of the Secured Obligations.

Appears in 2 contracts

Sources: Stock Pledge Agreement (BioLife4D Corp), Stock Pledge Agreement (BioLife4D Corp)

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall, shall subject to Section 17, remain in full force and effect until payment and performance in full of the Secured Obligations.

Appears in 2 contracts

Sources: Security Agreement (Coupon Express, Inc.), Security Agreement (Psi Corp)

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall, shall subject to Section 1719, remain in full force and effect until payment and performance in full of the Secured Obligations.

Appears in 1 contract

Sources: Security Agreement (Dataram Corp)