Common use of DESCRIPTION OF COLLATERAL Clause in Contracts

DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by (a) the Collateral as described in the Loan Agreement and (b) the Intellectual Property Collateral as defined in each Intellectual Property Security Agreement between each Borrower and Bank (each, as amended, an “IP Agreement”) (together with any other collateral security granted to Bank, the “Security Documents”) Hereinafter, the Security Documents, together with all other documents evidencing or securing the Obligations shall be referred to as the “Existing Loan Documents”.

Appears in 4 contracts

Samples: Loan Modification Agreement (Global Telecom & Technology, Inc.), Loan Modification Agreement (Global Telecom & Technology, Inc.), Loan Modification Agreement (Global Telecom & Technology, Inc.)

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DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by (a) the Collateral Collateral, as described in the Loan Agreement and (b) in the Intellectual Property Collateral as defined in each Intellectual Property Security Agreement between each Borrower and Bank Collateral Agreements and Notices of even date with the Loan Agreement (each, as amended, an the “IP AgreementSecurity Agreements) (together with any other collateral security granted to Bank, the “Security Documents”) ). Hereinafter, the above-described Loan Agreement, IP Security DocumentsAgreements, Cross Corporate Continuing Guaranty and Security Agreement and Representations and Warranties, together with all other documents evidencing securing repayment of the Indebtedness or securing otherwise executed in connection with the Obligations Loan Agreement shall be referred to as the "Existing Loan Documents".

Appears in 4 contracts

Samples: Loan and Security Agreement (Advanced Photonix Inc), Loan and Security Agreement (Advanced Photonix Inc), Loan and Security Agreement (Advanced Photonix Inc)

DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by (a) the Collateral as described in the Loan Agreement Agreement, and (b) the Intellectual Property Collateral Collateral”, as such term is defined in each that certain Intellectual Property Security Agreement between each Agreement, executed and delivered by Borrower and Bank to Bank, dated as of May 25, 2016 (each, as amended, an the “IP Agreement”) (together with any other collateral security granted to Bank, the “Security Documents”) ). Hereinafter, the Security DocumentsLoan Agreement and the IP Agreement, together with all other documents evidencing executed in connection therewith evidencing, securing or securing otherwise relating to the Obligations Obligations, shall be referred to as the “Existing Loan Documents”.

Appears in 3 contracts

Samples: Forbearance Agreement (Xtant Medical Holdings, Inc.), Forbearance Agreement (Xtant Medical Holdings, Inc.), Forbearance Agreement (Xtant Medical Holdings, Inc.)

DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by by, among other property, (a) the Collateral as described defined in the Loan Agreement and (b) the Intellectual Property Collateral as defined in each that certain Intellectual Property Security Agreement dated as of May 2, 2014, between each Borrower and Bank (each, as amended, an the “IP Agreement”) (together with any other collateral security granted to Bank, the “Security Documents”) ). Hereinafter, the Security Documents, together with all other documents evidencing or securing the Obligations shall be referred to as the “Existing Loan Documents”.

Appears in 2 contracts

Samples: Loan Modification Agreement (Teladoc, Inc.), Loan Modification Agreement (Teladoc, Inc.)

DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by (a) the Collateral as described in the Loan Agreement and (b) EXIM Loan Agreement and the Intellectual Property Collateral as defined described in each that certain Intellectual Property Security Agreement Agreement, by and between each Borrower and Bank (eachBank, dated as amended, an “IP Agreement”) of the date hereof (together with any other collateral security granted to Bank, the “Security Documents”) ). Hereinafter, the Security Documents, together with all other documents evidencing or securing the Obligations shall be referred to as the “Existing Loan Documents”.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aspen Aerogels Inc), Loan and Security Agreement (Aspen Aerogels Inc)

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DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by (a) the Collateral as described in the Loan Agreement and (b) the Intellectual Property Collateral as defined in each that certain Intellectual Property Security Agreement dated as of August 9, 2011, between each Borrower and Bank (each, as amended, an “the " IP Security Agreement") (together with any other collateral security granted to Bank, the "Security Documents”) "). Hereinafter, the Security Documents, together with all other documents evidencing or securing the Obligations shall be referred to as the "Existing Loan Documents".

Appears in 1 contract

Samples: Loan Modification Agreement (Plug Power Inc)

DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by (a) the Collateral as described in the Loan Agreement and (b) the Intellectual Property Collateral as defined in each Intellectual Property Security Agreement between each Borrower and Bank (each, as amended, an “IP Agreement”) (). The IP Agreement is being terminated pursuant to the terms of this Agreement. Hereinafter, the above-described security documents and guaranties, together with any all other collateral security granted documents securing repayment of the Obligations shall be referred to Bank, as the “Security Documents”) . Hereinafter, the Security Documents, together with all other documents evidencing or securing the Obligations shall be referred to as the “Existing Loan Documents”.

Appears in 1 contract

Samples: Loan Modification Agreement (California Micro Devices Corp)

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