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 Loan Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, 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 the Loan 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 Loan Documents, then Debtor shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 9 contracts
Samples: Security Agreement (SRAX, Inc.), Security Agreement (SRAX, Inc.), Security Agreement (Sack Lunch Productions 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 Loan Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Debtor Debtors 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 Loan 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 Loan Documents, then Debtor Debtors shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 4 contracts
Samples: Security Agreement (Sack Lunch Productions Inc.), Security Agreement (Drone USA Inc.), Security Agreement (Grow Solutions 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 Loan Transaction Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, 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 the Loan Transaction 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 Loan Transaction Documents, then Debtor shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 2 contracts
Samples: Security Agreement (Advanced Human Imaging LTD), Security Agreement (Pacific Ventures 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 Loan Transaction Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Debtor Debtors 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 Loan Transaction 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 Loan Transaction Documents, then Debtor Debtors shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 1 contract
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 Loan Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, 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 the Loan 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 Loan Documents, then Debtor shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.. [SIGNATURE PAGE FOLLOWS]
Appears in 1 contract
