Grant by New Borrower of Security Interest. Consistent with the intent of the parties, New Borrower hereby grants to Lender a continuing first priority lien on and security interest in, upon, and to the Collateral, pursuant to and in accordance with the terms of Article III of the Loan Agreement.
Appears in 2 contracts
Samples: Mortgage Loan Agreement (Sunlink Health Systems Inc), Mortgage Loan Agreement (Sunlink Health Systems Inc)
Grant by New Borrower of Security Interest. Consistent with the intent of the parties, the undersigned New Borrower hereby grants to Lender a continuing first priority lien on and security interest in, upon, and to the Collateral, pursuant to and in accordance with the terms of Article III of the Loan Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Sunlink Health Systems Inc), Loan and Security Agreement (Odyssey Healthcare Inc)
Grant by New Borrower of Security Interest. Consistent with the intent of the parties, New Borrower hereby grants to Lender a continuing first priority lien on and security interest in, upon, and to the Collateral, pursuant to and in accordance with the terms of Article III of the Loan Agreement., as follows:
Appears in 1 contract
Grant by New Borrower of Security Interest. Consistent with the intent of the parties, New Borrower hereby grants to Lender a continuing first priority lien on or and security interest in, upon, and to the Collateral, pursuant to and in accordance with the terms of Article III of the Loan Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Sunlink Health Systems Inc)