Grant of Security Interest; Collateral. (a) To secure the payment and performance of the Obligations, each Borrower hereby grants to Lender a continuing security interest in and Lien upon, and pledges to Lender, all of its right, title and interest in and to the following (collectively and each individually, the "COLLATERAL"), which security interest is intended to be a first priority security interest:
Appears in 2 contracts
Samples: Loan and Security Agreement (Opticare Health Systems Inc), Revolving Credit, Term Loan and Security Agreement (Opticare Health Systems Inc)
Grant of Security Interest; Collateral. (a) To secure the payment and performance of the Obligations, each Borrower hereby grants to Lender a continuing security interest in and Lien upon, and pledges to Lender, all of its right, title and interest in and to the following (collectively and each individuallyto, the "COLLATERAL"), which security interest is intended to be a first priority security interest:Collateral.
Appears in 1 contract
Samples: Revolving Credit Agreement (Integrated Healthcare Holdings Inc)
Grant of Security Interest; Collateral. (a) To secure the payment and performance of the Obligations, each Borrower hereby grants to Lender a continuing security interest in and Lien upon, and pledges to Lender, all of its right, title and interest in and to the following (collectively and each individually, the "" COLLATERAL"), which security interest is intended to be a first priority security interest:
Appears in 1 contract
Samples: Credit and Security Agreement (Western Express Holdings, Inc.)
Grant of Security Interest; Collateral. (a) To secure the payment and performance of the Obligations, each Borrower hereby grants to Lender a continuing security interest in and Lien upon, and pledges to Lender, all of its right, title and interest in and to the following (collectively and each individually, the "COLLATERAL"), which security interest is intended to be a first priority security interest:
Appears in 1 contract
Samples: Loan and Security Agreement (Coast Dental Services Inc)