Common use of Increase in Obligations Clause in Contracts

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the Note, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 20 contracts

Samples: Security Agreement (NovAccess Global Inc.), Security Agreement (EzFill Holdings Inc), Security Agreement (Ilustrato Pictures International Inc.)

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Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase AgreementTransaction Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Pledgor and the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this AgreementTransaction Documents, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteTransaction Documents, then Pledgor and the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 9 contracts

Samples: Securities Purchase Agreement (SinglePoint Inc.), Pledge and Escrow Agreement (Jupiter Wellness, Inc.), Pledge and Escrow Agreement (Jupiter Wellness, Inc.)

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteDebenture, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.. [Signatures on the following page]

Appears in 7 contracts

Samples: Security Agreement (Revolutions Medical CORP), Security Agreement (POSITIVEID Corp), Security Agreement (Aqualiv Technologies, Inc.)

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteDebenture, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 7 contracts

Samples: Security Agreement (Fat Brands, Inc), Security Agreement (Inventergy Global, Inc.), Security Agreement (Mota Group, Inc.)

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company Grantor shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteDebenture, then the Company Grantor shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 5 contracts

Samples: Security Agreement (Rennova Health, Inc.), Security Agreement (Mota Group, Inc.), Security Agreement (Medytox Solutions, Inc.)

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase AgreementNote or otherwise, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement Note and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteNote or otherwise, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 2 contracts

Samples: Security Agreement (MusclePharm Corp), Security Agreement (Progressive Care Inc.)

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NotePurchase Agreement, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 1 contract

Samples: Security Agreement (Cyclone Power Technologies Inc)

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Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of this Security Agreement or the Purchase Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company Debtor shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of this Agreement or the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of this Security Agreement and the NotePurchase Agreement, then the Company Debtor shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 1 contract

Samples: Security Agreement (Growlife, Inc.)

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Subscription Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Subscription Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteDebenture, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 1 contract

Samples: Security Agreement (Jerrick Media Holdings, Inc.)

Increase in Obligations. It [( is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Agreement, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary documenta1y stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteDebenture, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.. [Signatures on the following page]

Appears in 1 contract

Samples: Security Agreement (Dynamic Ventures Corp.)

Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Purchase Agreement, and all of the ObligationsObligation s, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, the Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Purchase Agreement and this Agreement, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the NoteDebenture, then the Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.

Appears in 1 contract

Samples: Security Agreement (Millennium Healthcare Inc.)

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