Common use of Further Encumbrance Clause in Contracts

Further Encumbrance. The Borrower shall not encumber, mortgage, pledge, assign or grant any lien or security interest in any or all of its assets to any person or entity other than those liens and security interests set forth on Schedule 3.9 hereof.

Appears in 5 contracts

Samples: Secured Term Note (Stockeryale Inc), Secured Term Note (Stockeryale Inc), Secured Term Note (Stockeryale Inc)

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Further Encumbrance. The Borrower shall not encumber, mortgage, pledge, assign or grant any lien or security interest in any or all of its assets to any person or entity other than those liens and security interests set forth on Schedule 3.9 4.9 hereof.

Appears in 2 contracts

Samples: Stockeryale Inc, Stockeryale Inc

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Further Encumbrance. The Borrower shall not encumber, mortgage, pledge, assign or grant any lien or security interest in any or all of its assets to any person or entity other than those liens and security interests set forth on Schedule 3.9 4.9 hereof.. 4.10

Appears in 1 contract

Samples: Stockeryale Inc

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