Common use of Security Interests Absolute Clause in Contracts

Security Interests Absolute. All rights of the Bank and security interests hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 3 contracts

Samples: Security Agreement (Swisher Hygiene Inc.), Security Agreement (Fountain Powerboat Industries Inc), Security Agreement (Fountain Powerboat Industries Inc)

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Security Interests Absolute. All rights of the Bank and security interests hereunder, and all obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 3 contracts

Samples: Security Agreement (Computer Software Innovations, Inc.), Security Agreement (Fountain Powerboat Industries Inc), Pledge Agreement (Fountain Powerboat Industries Inc)

Security Interests Absolute. All rights of the Bank Lender and security interests hereunder, and all obligations of each Pledgor the Borrower hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 2 contracts

Samples: Stock Pledge Agreement (Smithfield Foods Inc), Stock Pledge Agreement (Smithfield Foods Inc)

Security Interests Absolute. All rights of the Bank and security interests Pledgee hereunder, and all obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ecoscience Corp/De), Stock Purchase Agreement (Cogentrix Delaware Holdings Inc)

Security Interests Absolute. All rights of the Bank Secured Party and security interests hereunder, and all duties, and obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Pledge and Security Agreement (Spurlock Industries Inc)

Security Interests Absolute. All rights of the Bank Lender and security interests hereunder, and all obligations of each Pledgor Borrowers hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Pledge and Security Agreement (Marinemax Inc)

Security Interests Absolute. All rights of the Bank and --------------------------- security interests hereunder, and all obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Stock Pledge Agreement (Hadron Inc)

Security Interests Absolute. All rights of the Bank Secured Party and security interests hereunder, and all obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (Summer Energy Holdings Inc)

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Security Interests Absolute. All rights of the Bank and security interests hereunder, and all obligations of each Pledgor the Debtor hereunder, shall be absolute and unconditional (subject to the provisions hereof and of the other Loan Documents) and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Security Agreement (Microstrategy Inc)

Security Interests Absolute. All rights of the Bank Lender and security interests hereunder, and all duties, and obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Securities Pledge Agreement (TFC Enterprises Inc)

Security Interests Absolute. All rights of the Bank Secured Parties and security interests hereunder, and all obligations of each Pledgor the Debtor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Security Agreement (Vivus Inc)

Security Interests Absolute. All rights of the Bank Pledgee and the security interests hereunder, and all obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Asset Purchase Agreement (Natural Gas Services Group Inc)

Security Interests Absolute. All rights of the Bank Provider and security interests hereunder, and all obligations of each the Pledgor hereunder, shall be absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (Summer Energy Holdings Inc)

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