EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this
Appears in 8 contracts
Samples: Security Agreement (Hauppauge Digital Inc), Security Agreement (Hauppauge Digital Inc), Security Agreement (Hauppauge Digital Inc)
EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing thisthis Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing.
Appears in 1 contract
Samples: Security Agreement (Vizacom Inc)
EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing thisthis Agreement as a security agreement under the Uniform Commercial Code as in effect from time to time, if execution hereof by the Bank is required for purposes of such filing.
Appears in 1 contract
Samples: Security Agreement (Vizacom Inc)
