Common use of Security Interest and Collateral Clause in Contracts

Security Interest and Collateral. To secure payment of the Obligations (as defined below), the Borrower hereby enters into this Security Agreement (the "Agreement") and grants to the Bank a security interest (the "Security Interest") in the Collateral (defined below).

Appears in 4 contracts

Samples: Security Agreement (Patient Infosystems Inc), Security Agreement (Winland Electronics Inc), Security Agreement (Patient Infosystems Inc)

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Security Interest and Collateral. To secure payment of the Obligations (as defined below), the Borrower hereby enters into this Security Agreement (the "Agreement") and grants to the Bank a security interest (the "Security Interest") ’s in the Collateral (defined below).

Appears in 1 contract

Samples: Security Agreement (Winland Electronics Inc)

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Security Interest and Collateral. To secure payment of the Obligations (as defined below), the Borrower hereby enters into this Security Agreement (the "Agreement") and grants to the Bank a security interest (the "Security Interest") in the Collateral (defined below).

Appears in 1 contract

Samples: Security Agreement (Cancer Genetics, Inc)

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