Common use of Grant Security Clause in Contracts

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 44 contracts

Samples: Loan and Security Agreement (Arcturus Therapeutics Holdings Inc.), Loan and Security Modification Agreement, Loan and Security Agreement (Icad Inc)

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Grant Security. To grant a security interest to Bank in the Collateral described in the Loan DocumentsAgreement, which security interest shall secure all of the Corporation’s 's Obligations, as described in the Loan DocumentsAgreement. Negotiate ItemsNEGOTIATE ITEMS. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 24 contracts

Samples: Loan and Security Agreement (Cardiac Pathways Corp), Loan and Security Agreement (Resound Corp), Loan and Security Agreement (Abgenix Inc)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s 's Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 15 contracts

Samples: Loan and Security Agreement (908 Devices Inc.), Loan and Security Agreement (908 Devices Inc.), Business Financing Agreement (ADESTO TECHNOLOGIES Corp)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan DocumentsAgreement, which security interest shall secure all of the Corporation’s 's Obligations, as described in the Loan DocumentsAgreement. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 10 contracts

Samples: Loan Modification Agreement (Placeware Inc), Loan and Security Agreement (Ecollege Com), Loan Modification Agreement (Quicklogic Corporation)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan DocumentsAgreement, which security interest shall secure all of the Corporation’s Obligations, as described in the Loan DocumentsAgreement. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 6 contracts

Samples: Loan and Security Agreement and Limited Waiver (Anda Networks Inc), Loan and Security Agreement (Anda Networks Inc), Loan and Security Agreement (Versata Inc)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s 's Obligations, as described in the Loan Documents. Negotiate ItemsNEGOTIATE ITEMS. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 6 contracts

Samples: Loan and Security Agreement (Ultra Clean Holdings Inc), Loan and Security Agreement (Viewlocity Inc), Loan and Security Agreement (Lynx Therapeutics Inc)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the CorporationCompany’s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation Company or in which the Corporation Company may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation Company with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 4 contracts

Samples: Loan and Security Agreement (Max International Inc), Loan and Security Agreement (Max International Inc), Loan and Security Modification Agreement (Winc, Inc.)

Grant Security. To grant a security interest to Bank Lender in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank Lender all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with BankLender, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 3 contracts

Samples: Business Financing Agreement (E2open Inc), Loan and Security Agreement (Vuzix Corp), Assignment and Assumption Agreement (Vuzix Corp)

Grant Security. To grant a security interest to Bank Lenders in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank Lenders all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with BankLenders, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 3 contracts

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

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s Corporation s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hearme), Loan and Security Agreement (Hearme)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan DocumentsAmendment, which security interest shall secure all of the Corporation’s 's Obligations, as described in the Loan DocumentsAmendment. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 2 contracts

Samples: Loan and Security Agreement (MSC Software Corp), Loan and Security Agreement (Nvidia Corp/Ca)

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Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the CorporationCompany’s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, endorse and discount with Bank all drafts, trade acceptances, promissory notes, notes or other evidences of indebtedness payable to or belonging to the Corporation Company or in which the Corporation Company may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation Company with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 2 contracts

Samples: Loan and Security Agreement (ZeroFox Holdings, Inc.), Loan and Security Agreement (ZeroFox Holdings, Inc.)

Grant Security. To grant a security interest to Bank in the Collateral described in In the Loan DocumentsAgreement, which security interest shall secure all of the Corporation’s 's Obligations, as described in the Loan DocumentsAgreement. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 1 contract

Samples: Loan and Security Agreement (Versata Inc)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan DocumentsAmendment, which security interest shall secure all of the Corporation’s Obligations, as described in the Loan DocumentsAmendment. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 1 contract

Samples: Loan and Security Agreement (Maxwell Technologies Inc)

Grant Security. To grant a security interest to Bank Lender in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s 's Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank Lender all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with BankLender, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Lc Capital Master Fund LTD)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the CorporationCompany’s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation Company may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation Company with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 1 contract

Samples: Loan and Security Agreement (Icad Inc)

Grant Security. To grant a security interest to Bank in the Collateral described in the Loan Documents, which security interest shall secure all of the Corporation’s Obligations, as described in the Loan Documents. Negotiate Items. To draw, endorse, endorse and discount with Bank all drafts, trade acceptances, promissory notes, notes or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 1 contract

Samples: Loan and Security Agreement (Salix Pharmaceuticals LTD)

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