Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefor in the Security Agreement executed by and delivered by Borrower to Lender. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof, except as permitted pursuant to the Security Agreement.
Appears in 2 contracts
Samples: Secured Note and Warrant Purchase Agreement (ARYx Therapeutics, Inc.), Secured Promissory Note (Global Epoint Inc)
Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefor in the Security Agreement executed by and delivered by Borrower to Lender. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof, except as permitted pursuant to the Security Agreement.
Appears in 2 contracts
Samples: License and Development Agreement (Surgical Laser Technologies Inc /De/), License and Development Agreement (Photomedex Inc)
Secured Note. The full amount of this Note is secured by the Collateral collateral identified and described as security therefor in the Security Agreement executed by dated October 8, 2012 between Borrower and delivered by Borrower to Lender. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend Creditor (the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof, except as permitted pursuant to the Security Agreement“SECURITY AGREEMENT”).
Appears in 1 contract
Secured Note. The full amount of this Note is secured by the Collateral identified and described as security therefor in the General Security Agreement (as defined in the Loan Agreement) executed by and delivered by Borrower to Lender. Borrower shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on or in the Collateral, or in any portion thereof, except as permitted pursuant to the Security AgreementBorrower.
Appears in 1 contract
Samples: Loan Agreement (Gene Logic Inc)
