Common use of Secured Assets Clause in Contracts

Secured Assets. The Secured Assets shall mean all of the personal property of Borrower related to the Property as described in the General Business Security Agreement and the Collateral Assignment of Contract Rights.

Appears in 4 contracts

Samples: Loan Agreement (Summit Hotel Properties LLC), Loan Agreement (Summit Hotel Properties LLC), Loan Agreement (Summit Hotel Properties LLC)

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Secured Assets. The Secured Assets shall mean all of the real and personal property of Borrower related to the Property as described in the General Business Security Agreement and the Collateral Assignment of Contract RightsMortgage.

Appears in 1 contract

Samples: Loan Agreement (Wsi Industries, Inc.)

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