Common use of Description of Obligations Clause in Contracts

Description of Obligations. The following obligations ("Obligation" or "Obligations") are secured by this Agreement: (a) All debts, obligations liabilities and agreements of Debtor to Lender, now or hereafter existing, arising under the Loan Agreement, and all renewals, extensions or rearrangement of any of the above; (b) All costs incurred by Lender to obtain, preserve, perfect and enforce this Agreement and maintain, preserve, collect and realize upon the Collateral;

Appears in 4 contracts

Samples: Security Agreement (Frisby Technologies Inc), Security Agreement (Frisby Technologies Inc), Security Agreement (Frisby Technologies Inc)

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Description of Obligations. The following obligations ("Obligation" or "Obligations") are secured by this Agreement: (a) All A debts, obligations liabilities and agreements of Debtor to Lender, now or hereafter existing, arising under the Loan Agreement, and all renewals, extensions or rearrangement of any of the above; (b) All costs incurred by Lender to obtain, preserve, perfect and enforce this Agreement and maintain, preserve, collect and realize upon the Collateral;

Appears in 1 contract

Samples: Security Agreement (Frisby Technologies Inc)

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