Common use of No Other Collateral Clause in Contracts

No Other Collateral. No Payee shall take any security interest in the personal property or liens upon the real property of the Maker other than security interests and liens which are governed by the terms of this Pledge Agreement or the Security Agreement and held in the name of the Collateral Agent for the benefit of all Payees.

Appears in 2 contracts

Samples: Pledge Agreement (Evolving Systems Inc), Pledge Agreement (Evolving Systems Inc)

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No Other Collateral. No Payee shall take any security interest in the personal property or liens upon the real property of the any Maker other than security interests and liens which are governed by the terms of this Pledge Security Agreement or the Security Pledge Agreement and held in the name of the Collateral Agent for the benefit of all Payees.

Appears in 2 contracts

Samples: Security Agreement (Evolving Systems Inc), Security Agreement (Evolving Systems Inc)

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