Common use of Creation of Security Interests Clause in Contracts

Creation of Security Interests. As security for the Secured Obligations, the Guarantor hereby agrees that there now are or shall be duly executed and filed or recorded in all appropriate offices all documents necessary to grant and create in favor of the Lender a perfected security interest under the Uniform Commercial Code in and to the following, whether now owned or hereafter acquired by the Guarantor, which security interest is hereby granted:

Appears in 1 contract

Samples: Security Agreement (Security Capital Corp/De/)

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Creation of Security Interests. As security for the Secured Obligations, the Guarantor Debtor hereby agrees that there now are or shall be duly executed and filed or recorded in all appropriate offices all documents necessary to grant and create in favor of the Lender a perfected security interest under the Uniform Commercial Code in and to the following, whether now owned or hereafter acquired by the GuarantorDebtor, which security interest is hereby granted:

Appears in 1 contract

Samples: Security Agreement (Security Capital Corp/De/)

Creation of Security Interests. As security for the Secured Obligations, the Guarantor Debtor hereby agrees that there now are or shall be duly executed and filed or recorded in all appropriate state and local offices all documents necessary to grant and create in favor of the Lender a perfected security interest under the Uniform Commercial Code in and to the following, whether now owned or hereafter acquired by the GuarantorDebtor, which security interest is hereby granted:

Appears in 1 contract

Samples: Security Agreement (Security Capital Corp/De/)

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Creation of Security Interests. As security for the Secured Obligations, the Guarantor hereby Borrower agrees that there now are or shall will be duly executed and filed or and recorded in all appropriate state and local offices all documents necessary to grant and create in favor of the Lender Lenders a perfected security interest under the Uniform Commercial Code in and to the following, whether now owned or hereafter acquired by the GuarantorBorrower, which security interest is hereby granted:granted (the property described in this Section 1 is hereinafter collectively referred to as the "Collateral"):

Appears in 1 contract

Samples: Security and Pledge Agreement (Lexon Technologies Inc)

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