Secured Obligations Secured. The Security Interest granted hereby secures payment and performance of the Obligations. If the security interest in the Collateral is not sufficient, in the event of default, to satisfy all Obligations of Debtor, Debtor acknowledges and agrees that Debtor shall continue to be liable for any Obligations remaining outstanding and Secured Party shall be entitled to pursue full payment thereof.
Appears in 4 contracts
Samples: General Security Agreement (Biomira CORP), General Security Agreement (Biomira CORP), General Security Agreement (Biomira CORP)