Common use of Security Interest and Pledge Clause in Contracts

Security Interest and Pledge. As security for the prompt and complete satisfaction of any and all obligations of the Company under this Agreement and the Note, or under any other agreement or note, now existing or hereafter arising, whether for principal, interest, expenses or otherwise, the Company hereby grants, transfers and assigns and pledges to Lender all of its respective right, title and interest in and grants Lender a senior security interest in the Company's assets as set forth in those UCC-1 Financing Statements (the "UCC-1") filed

Security Interest and Pledge. As security for the prompt and complete satisfaction of any and all obligations of the Company under this Agreement and the Note, or under any other agreement or note, now existing or hereafter arising, whether for principal, interest, expenses or otherwise, the Company hereby grants, transfers and assigns and pledges to Lender Interprise all of its respective right, title and interest in and grants Lender Interprise a senior security interest in the Company's assets as set forth in those UCC-1 Financing Statements (the "UCC-1") filed)