Common use of Right to Grant Security Interest Clause in Contracts

Right to Grant Security Interest. Grantor has the full right, power, and authority to enter into this Agreement and to assign the Collateral to Lender.

Appears in 5 contracts

Samples: Change in Terms Agreement (Auddia Inc.), Business Loan Agreement (Loyalty Alliance Enterprise Corp), Deposit Account Terms and Conditions (Gateway Trade Center Inc.)

AutoNDA by SimpleDocs

Right to Grant Security Interest. Grantor has the full right, power, power and authority to enter into this Agreement and to assign grant a continuing security interest in the Collateral to in favor of Lender.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!