Common use of Duration of Security Interest Clause in Contracts

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any Loans, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 5 contracts

Samples: Venture Loan and Security Agreement, Venture Loan and Security Agreement (Tengion Inc), Venture Loan and Security Agreement (Tengion Inc)

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Duration of Security Interest. Lender’s Lenders’ security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s Lenders’ commitment to fund any the Loans, whereupon such security interest shall terminate. Lender Lenders shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 5 contracts

Samples: Loan and Security Agreement (MAP Pharmaceuticals, Inc.), Venture Loan and Security Agreement (Northstar Neuroscience, Inc.), Venture Loan and Security Agreement (MAP Pharmaceuticals, Inc.)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall terminate. Lender shallLender, at Borrower’s sole cost upon payment in full and expensethe satisfaction of the Obligations, shall execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release and/or termination contemplated by this Section 4.35.02, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Codejurisdictions.

Appears in 4 contracts

Samples: Loan and Security Agreement (Shaman Pharmaceuticals Inc), Loan and Security Agreement (Signal Pharmaceuticals Inc), Loan and Security Agreement (Signal Pharmaceuticals Inc)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Lender’s commitment to fund any Loans, the Loans whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 4 contracts

Samples: Security Agreement, Security Agreement (Ambit Biosciences Corp), Security Agreement (Ambit Biosciences Corp)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any the Loans, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 3 contracts

Samples: Venture Loan and Security Agreement (Xtera Communications, Inc.), Venture Loan and Security Agreement (Pharmasset Inc), Venture Loan and Security Agreement (Pharmasset Inc)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall terminate. Lender shall, at Borrower’s 's sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release contemplated by this Section 4.3SECTION 4.2, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 3 contracts

Samples: Loan and Security Agreement (Skystream Networks Inc), Loan and Security Agreement (Vnus Medical Technologies Inc), Loan and Security Agreement (NeuroMetrix, Inc.)

Duration of Security Interest. Lender’s Lenders’ security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Lender’s Lenders’ commitment to fund any Loans, the Loans whereupon such security interest shall terminate. Lender Lenders shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 3 contracts

Samples: Venture Loan and Security Agreement, Venture Loan and Security Agreement (Ambit Biosciences Corp), Venture Loan and Security Agreement (Ambit Biosciences Corp)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Lender’s commitment to fund any the Loans, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 3 contracts

Samples: Venture Loan and Security Agreement (Enphase Energy, Inc.), Venture Loan and Security Agreement (Enphase Energy, Inc.), Venture Loan and Security Agreement (Enphase Energy, Inc.)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s 's commitment to fund any Loansthe Loan, whereupon such security interest shall terminate. Lender shall, at Borrower’s 's sole cost and expense, promptly execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (Activbiotics Inc), Venture Loan and Security Agreement (Activbiotics Inc)

Duration of Security Interest. The Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall automatically terminate. Lender shall, at Borrower’s sole cost and expense, shall promptly execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.32.2, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the CodeUCC.

Appears in 2 contracts

Samples: Security Agreement (Midwest Holding Inc.), Security Agreement (Midwest Holding Inc.)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any the Loans, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (Singulex Inc), Venture Loan and Security Agreement (Cereplast Inc)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any Loans(other than inchoate indemnity obligations), whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release contemplated by this Section 4.34.2, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Knightscope, Inc.)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations obligations of Borrower under this Note, and the termination of Lender’s any commitment to fund any LoansLoan, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, 6(c). including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 2 contracts

Samples: Note and Security Agreement (Cellular Technical Services Co Inc), Note and Security Agreement (Cellular Technical Services Co Inc)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations obligations of Borrower under this Note, and the termination of Lender’s any commitment to fund any LoansLoan, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.36(c), including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 2 contracts

Samples: Note and Security Agreement (Non Invasive Monitoring Systems Inc /Fl/), Note and Security Agreement (Non Invasive Monitoring Systems Inc /Fl/)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations obligations of Borrower under this Note, and the termination of Lender’s any commitment to fund any LoansLoan, whereupon such security interest shall terminate. Lender shall, at Borrower’s 's sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, 5(c). including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 2 contracts

Samples: Note and Security Agreement (Modigene Inc.), Note and Security Agreement (Frost Phillip Md Et Al)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansLoan, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (eXegenics Inc)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than indemnity obligations that have not yet arisen) and termination of Lender’s 's commitment to fund any Loansthe Loan, whereupon such security interest shall terminate. Lender shall, at Borrower’s 's sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Isilon Systems, Inc.)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Guaranteed Obligations and termination of Lender’s commitment to fund any Loansthe Loan, whereupon such security interest shall terminate. Lender shall, at BorrowerGuarantor’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.38(c), including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Entropic Communications Inc)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any Loansthe Loan, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Cryocor Inc)

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Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall terminate. Lender shallLender, at Borrower’s sole cost upon payment in full and expensethe satisfaction of the Obligations, shall execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release and/or termination contemplated by this Section 4.3SECTION 5.02, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Codejurisdictions.

Appears in 1 contract

Samples: Loan and Security Agreement (Digirad Corp)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release contemplated by this Section 4.34.2, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Patent Mortgage and Security Agreement (Hemosense Inc)

Duration of Security Interest. Lender’s Lenders' security interest in the Collateral shall continue until the payment or prepayment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall terminate. Lender shallLenders, upon payment in full and the satisfaction of the Obligations, shall execute, at Borrower’s 's sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release and/or termination contemplated by this Section 4.35.02, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Codejurisdictions.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Acusphere Inc)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnification and similar obligations), and termination of Lender’s commitment to fund any Loansthe Loan, whereupon such security interest shall automatically terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Interleukin Genetics Inc)

Duration of Security Interest. Lender’s Lenders’ security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s Lenders’ commitment to fund any Loans, whereupon such security interest shall terminate. Lender Lenders shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

Duration of Security Interest. Lender’s Lenders’ security interest in the Collateral shall continue until the indefeasible payment in full and the satisfaction of all Obligations and termination of Lender’s Lenders’ commitment to fund any Loansthe Loan, whereupon such security interest shall terminate. Lender Lenders shall, at Borrower’s Co-Borrowers’ sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Satcon Technology Corp)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any Loansthe Loan, whereupon such security interest shall terminate. Lender shall, at Borrower’s Borrowers’ sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Everyday Health, Inc.)

Duration of Security Interest. Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations obligations of Borrower under this Third Amended and Restated Note, and the termination of Lender’s any commitment to fund any LoansLoan, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, 5(c). including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Subordinated Note and Security Agreement (Opko Health, Inc.)

Duration of Security Interest. Lender’s Lenders' security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall terminate. Lender shallLenders, at Borrower’s sole cost upon payment in full and expensethe satisfaction of the Obligations, shall execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release and/or termination contemplated by this Section 4.35.02, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Codejurisdictions.

Appears in 1 contract

Samples: Loan and Security Agreement (Tripath Imaging Inc)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any LoansObligations, whereupon such security interest shall terminate. Lender shall, at Borrower’s 's sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release contemplated by this Section 4.34.2, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Loan and Security Agreement (Portal Software Inc)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any Loanspayment Obligations, whereupon such security interest shall terminate. Lender shallLender, at Borrower’s sole cost and expenseupon payment in full of all payment Obligations, shall execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release and/or termination contemplated by this Section 4.35.02, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Codejurisdictions.

Appears in 1 contract

Samples: Subordination Agreement (Packeteer Inc)

Duration of Security Interest. Lender’s 's security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than the contingent indemnity obligations in Section 10.3 below) and termination of Lender’s 's commitment to fund any the Loans, whereupon such security interest shall terminate. Lender shall, at Borrower’s 's sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Convio, Inc.)

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