Security Interest in Property Clause Samples
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Security Interest in Property. As continuing security for the Obligations, Mortgagor hereby pledges, assigns and grants to the Bank a security interest in any of the Property (as defined in Section 1.4 below) constituting fixtures, (i.e., Building Service Equipment as defined in the Prior Mortgages). This Mortgage shall be 48 deemed to be a security agreement and financing statement pursuant to the terms of the Uniform Commercial Code of Massachusetts.
Security Interest in Property. As continuing security for the Obligations the Mortgagor hereby pledges, assigns and grants to the Bank, and its successors and assigns, a security interest in any of the Property (as hereinafter defined) constituting fixtures. This Mortgage is and shall be deemed to be a security agreement and financing statement pursuant to the terms of the Uniform Commercial Code of Connecticut (the "Uniform Commercial Code") as to any and all fixtures and as to all such property the Bank shall have the rights and remedies of a secured party under the Uniform Commercial Code in addition to its rights hereunder. This Mortgage constitutes a financing statement filed as a fixture filing under C.G.S.A., Section 42a-9-502(c) of the Uniform Commercial Code covering any Property which now is or later may become a fixture.
Security Interest in Property. As continuing security for the Obligations the Mortgagor hereby pledges, assigns and grants to the Bank, and its successors and assigns, a security interest in any of the Property (as hereinafter defined) constituting personal property or fixtures. This Mortgage is and shall be deemed to be a security agreement and financing statement pursuant to the terms of the Uniform Commercial Code of Massachusetts (the "Uniform Commercial Code") as to any and all personal property and fixtures and as to all such property the Bank shall have the rights and remedies of a secured party under the Uniform Commercial Code in addition to its rights hereunder. This Mortgage constitutes a financing statement filed as a fixture filing under Chapter 106. Section 9-502(c) of the Massachusetts General Laws of the Uniform Commercial Code covering any Property which now is or later may become a fixture.
Security Interest in Property. This Agreement is intended to constitute a security agreement within the meaning of the UCC. As security for (a) Borrower's payment to Lender, as assignee of Issuer, of Loan Payments and all other amounts payable to Lender hereunder, (b) Borrower's payment to Lender of Loan Payments (as defined in the Taxable Loan Agreement) and all other amounts due under the Taxable Loan Agreement, and (c) any other obligations of Borrower to Lender or any GE Capital Entity (whether direct or indirect and whether now existing or hereafter acquired), Borrower hereby grants to Issuer, and Issuer hereby assigns to Lender, a security interest constituting a first lien on (i) the Property, (ii) all general intangibles and other property relating thereto, (iii) all accessories, attachments, parts, equipment and repairs now or hereafter attached or affixed or used in connection with any of the foregoing property, (iv) all warehouse receipts, bills of lading and other documents of title now or hereafter covering any of the foregoing property, (v) all securities, funds, moneys, deposits and other property at any time held in or subject to the Escrow Fund, (vi) all accessions thereto, (vii) all substitutions for any of the foregoing property, and (viii) products and proceeds of any of the foregoing property. To the extent that the same entity (or an affiliate thereof) is Lender under this Agreement and any other document or agreement with Borrower, the security interest in the Property shall secure all of Borrower's obligations under all such agreements, but shall not secure Borrower's obligations under such agreements under which a different entity is Lender. Borrower ratifies its previous authorization for Lender to pre-file UCC financing statements and any amendments thereto describing the Property and all other collateral described above and containing any other information required by the applicable UCC. Borrower authorizes Lender, and hereby grants Lender a power of attorney (which is coupled with an interest), to file financing statements and amendments thereto describing the Property and containing any other information required by the applicable UCC and all proper terminations of the filings of other secured parties with respect to the Property, in such form and substance as Lender, in its sole discretion, may determine. Issuer and Borrower agree to execute such additional documents, including demands for terminations, assignments, affidavits, notices and similar instrume...
Security Interest in Property. In order to increase the Borrowing Base through inclusion of leasehold improvements, Borrower and The Wornick Company Right Away Division, L.P. shall have granted to Lender a first and superior lien upon, and a first and superior security interest in, the interest of Borrower and The Wornick Company Right Away Division, L.P., respectively, under the Leases, for the Property, the granting of such liens to be subject to consent by the landlord, and a first and superior lien against or a first and superior security interest in any other real property now leased, or hereafter leased or acquired, by Borrower or any Subsidiary to the extent permitted under the applicable lease. On each anniversary date of this Agreement, Borrower and the Subsidiaries will provide Lender a listing of all real property leases in existence as of the date of the report, and if requested by Lender, copies of such leases. Each of Borrower and, to the extent applicable, each Subsidiary agrees to notify Lender of Borrower’s and each Subsidiary’s entry into leases on real property simultaneously with the entry of such leases by Borrower or its Subsidiaries, and to execute and deliver to Lender, upon request by Lender, , a Leasehold Deed of Trust on such other real property. Unless otherwise agreed, the form of the instrument granting such lien or mortgage shall be in substantially the same form as the Leasehold Deed of Trust on the Property conformed to the applicable jurisidiction if the other real property is located in a state other than the State of Texas or the State of Ohio.
Security Interest in Property. As continuing security for the Obligations the Mortgagor hereby pledges, assigns and grants to the Bank, and its successors and assigns, a security interest in any of the Property (as hereinafter defined) constituting personal property or fixtures. This Mortgage is and shall be deemed to be a security agreement and financing statement pursuant to the terms of the Uniform Commercial Code of New Jersey (the "Uniform Commercial Code") as to any and all personal property and fixtures and as to all such property the Bank shall have the rights and remedies of a secured party under the Uniform Commercial Code in addition to its rights hereunder. This Mortgage constitutes a financing statement filed as a fixture filing under Section 9-502(c) of the Uniform Commercial Code covering any Property which now is or later may become a fixture.
Security Interest in Property. In order to secure the payment and performance of the Obligations, Borrower has granted to Lender a lien upon and a security interest in the Collateral. Borrower covenants to grant to Lender a lien against or security interest in form and substance acceptable to Lender in any other real property hereafter acquired by Borrower. Borrower agrees to execute and deliver to Lender, as a condition to the obligations of Lender hereunder, a Deed of Trust in form and substance acceptable to Lender for each parcel of real property hereafter acquired or leased by Borrower and used in connection in connection with operation of Borrower's business.
Security Interest in Property. For the purposes of section 36 of the PPSA the Purchaser grants to the
1.1 The terms and conditions set out below apply to every supply of Goods and Services made by the Supplier to the Purchaser. By placing an Order with the Supplier, the Purchaser agrees that it is bound by these Terms & Conditions of Trade and that the Purchaser’s own terms and conditions do not apply.
1.2 Where the Purchaser has entered into a separate written Supply Agreement with The Supplier, these Terms shall also apply except to the extent that there is any inconsistency between these Terms and the separate Supply Agreement, in which case the relevant provisions of the Supply Agreement shall prevail.
Security Interest in Property. Borrower will grant Lender a security interest in and to all Collateral subject, in each case, only to the lien of the Pledge Agreement and the other Loan Documents.
Security Interest in Property. For the purposes of section 36 of the PPSA the Purchaser grants to the Supplier, as security for the Purchaser’s indebtedness and obligations a security interest in all of the GENV090922 and which have not been supplied by the Supplier to the Purchaser (other than property which is proceeds of any of that present and after-acquired property which has been supplier by the Supplier to the Purchaser).
