Security for Note Sample Clauses

Security for Note. The payment of this Note and all other sums due Holder is secured by (i) a Deed to Secure Debt, Assignment of Leases, Rents and Contracts, Security Agreement and Fixture Filing ("Mortgage"), of even date herewith, granted by Maker, as grantor, to Holder, as grantee, covering certain real property, the improvements thereon and certain personal property situated in the County of Xxxxxx, State of Georgia ("Subject Property"), and (ii) those certain instruments of indebtedness and security described as "Related Agreements" in the Mortgage. Except as otherwise defined herein, all of the terms and provisions contained in the Mortgage and the Related Agreements are hereby incorporated herein by express reference.
AutoNDA by SimpleDocs
Security for Note. The payment of this Note and all other sums due ----------------- Holder is secured by a Security Agreement of even date herewith between Maker and Holder, as secured party ("Security Agreement"), covering certain tangible and intangible personal property of Maker, and all proceeds thereof, accessions thereto and replacements thereof, wherever situated ("Property"), and described in the Security Agreement. Except as otherwise defined herein, all of the defined terms contained in the Security Agreement are hereby incorporated herein by express reference.
Security for Note. The Note will be secured by Shares of the Company's Common Stock purchased by Xxxxxxxxx herein (the "Pledged Shares"). The Pledged Shares delivered or transferred to the Company shall be referred to herein as the "Collateral." To the extent that any portion of the Note is not paid in accordance with the terms thereof, the Company shall have the right to foreclose upon and redeem such portion of the Collateral as shall satisfy the unpaid installment or portion of the Note. Xxxxxxxxx agrees to execute and deliver any documents that may be required to establish the Company's security interest in the Collateral, including the certificates representing the Pledged Shares. This security interest shall not affect Xxxxxxxxx'x rights to vote the Pledged Shares or to receive dividends paid thereon. However, any dividends paid on Pledged Shares subject to this security interest shall be applied to the amounts due on the Note, in such order of application as shall be determined by the Company. The Company agrees to release its security interest in the Collateral, or the appropriate portion thereof, as the principal balance on the Note is paid. For purposes of releasing Pledged Shares from this Security Agreement, the Pledged Shares shall be valued at the then current market price.
Security for Note. As security for the payment of the Note and any renewal or modification thereof, Purchaser hereby pledges and grants to the Company a security interest in all of the Stock pursuant to a Security Agreement in substantially the form attached hereto as Exhibit B (the "Security Agreement"). As part of this pledge, Purchaser will sign and deliver to the Secretary of the Company ("Escrow Agent") a Stock Assignment duly endorsed (with date and number of shares blank) in the form attached hereto as Exhibit C (the "Assignment"), together with the certificate or certificates evidencing the Stock; the Assignment and the certificate or certificates evidencing the Stock are to be held in escrow by the Escrow Agent pursuant to an Escrow Agreement in substantially the form attached hereto as Exhibit D (the "Escrow Agreement") for use if, as and when required pursuant to the Security Agreement.
Security for Note. The payment of this Note and all other sums due Holder is secured by (a) a Deed of Trust, Assignment of Leases, Rents and Contracts, Security Agreement and Fixture Filing ("Deed of Trust") of even date herewith, granted by Maker, as trustor, to X. Xxxxxx Xxxxxxxx, a resident of Shelby County, Tennessee ("Trustee"), as trustee, in favor of Holder and ALLSTATE INSURANCE COMPANY, an Illinois insurance corporation ("AIC"), as beneficiary, covering a leasehold estate in certain real property, the improvements thereon and certain personal property situated in the County of Madison, State of Tennessee and described in the Deed of Trust ("Property"), and (b) those certain instruments of indebtedness and security described as "Related Agreements" in the Deed of Trust. Except as otherwise defined herein, all of the defined terms contained in the Deed of Trust and the Related Agreements are hereby incorporated herein by express reference.
Security for Note. This Note is unsecured.
Security for Note. Borrower's obligations under the Note shall be secured and otherwise documented by the execution, delivery and perfection of the following instruments and documents:
AutoNDA by SimpleDocs
Security for Note. This Note is given to evidence a loan in the amount of the Principal Sum made to the Borrower by the Lender (the Borrower’s receipt of which is hereby acknowledged), and is secured by the Guaranty and the Additional Guaranty.
Security for Note. This Note and the payments due hereunder are secured, inter alia, by the Security Agreement of even date herewith, between CCSI and KCI (the "Security Agreement"). Reference is hereby made to the Security Agreement (which is incorporated herein by reference as fully and with the same effect as if set forth herein at length) for a description of the collateral, a statement of the covenants and agreements contained therein, a statement of the rights, remedies, and security afforded thereby, and all matters therein contained.
Security for Note. This Senior Note shall be secured by a first deed of trust and rider thereto of even date herewith encumbering the Site (“Senior Deed of Trust”), executed by Maker, as trustor, in favor of Xxxxxx, as beneficiary.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!