SECURITY FOR PAYMENT OF NOTE. X Payment of this Promissory Note shall be secured by a security interest in the “Assets” located at the Franchised Business and certain other assets of the Franchised Business as evidenced by the “Security Agreement” executed by Franchisee in favor of Franchisor concurrently with the execution of this Promissory Note.
Appears in 2 contracts
Samples: Franchise Agreement, Franchise Agreement
SECURITY FOR PAYMENT OF NOTE. X Payment of this Promissory Note shall be secured by a security interest in the “Assets” located at the Franchised Business and certain other assets of the Franchised Business as evidenced by the “Security Agreement” executed by Franchisee in favor of Franchisor concurrently with the execution of this Promissory Note.
Appears in 1 contract
Samples: Corporation Franchise Agreement
SECURITY FOR PAYMENT OF NOTE. X N/A Payment of this Promissory Note shall be secured by a security interest in the “Assets” located at the Franchised Business and certain other assets of the Franchised Business as evidenced by the “Security Agreement” executed by Franchisee in favor of Franchisor concurrently with the execution of this Promissory Note.
Appears in 1 contract
Samples: Franchise Agreement