SECURITY PURPOSE. The assignment for security purposes pursuant to clauses 5.1 and 5.2 and the pledge pursuant to clause 6 (Pledge) serve to secure the Trustee Claim. In addition, the assignment pursuant to clauses 5.1 and 5.2 is made for the purpose of securing the rights of the Transaction Creditors against the Issuer arising under the Funding and the Transaction Documents and any potential obligations on the grounds of any invalidity or unenforceability of any Funding or any Transaction Documents, in particular claims on the grounds of unjustified enrichment (ungerechtfertigte Bereicherung).
SECURITY PURPOSE. (a) The security interests created under this Agreement serve to secure the Secured Obligations.
(b) In addition, the Pledges and any assignment created by this Agreement are made as continuing security in order to secure the prompt, full and final discharge of all Secured Obligations. The Pledges and any assignment contained in this Agreement shall also cover any future extension, prolongation or increase of the Secured Obligations. The Issuer hereby expressly agrees that the provisions of section 1210 paragraph 1 sentence 2 of the BGB shall not apply to this Agreement. The Issuer hereby expressly declares its consent to any assumption (Schuldübernahme) of any of the Secured Obligations by any third party debtor pursuant to section 418 paragraph 1 sentence 3 of the BGB.
SECURITY PURPOSE. The Pledge is constituted in order to secure the prompt and complete satisfaction of any and all Secured Claims.
SECURITY PURPOSE. The assignment for security purposes pursuant to clause 5.1 (Assignment for Security Purposes) and the pledge pursuant to clause 6 (Pledge) serve to secure the Trustee Claim of the Security Trustee. In addition, the assignment pursuant to clause 5.1 (Assignment for Security Purposes) is made for the purpose of securing the rights of the Transaction Creditors against the Issuer arising under the Funding and the Transaction Documents.
SECURITY PURPOSE. The Claims shall serve as collateral in order to secure the prompt and complete satisfaction and discharge in full of any and all Secured Claims.
SECURITY PURPOSE. The Assignment and any other collateral granted by Affimed to the Bank according to this Agreement shall secure all of the Obligations (as defined in the Loan Agreement) (the "Secured Obligations").
SECURITY PURPOSE. The Security Assets shall serve as collateral to secure the prompt and complete satisfaction of any and all Secured Claims.
SECURITY PURPOSE. The Secondary Pledges are constituted in order to secure the prompt and complete satisfaction of any and all Secured Claims.
SECURITY PURPOSE. 4 5. Dividends.........................................4 6.
SECURITY PURPOSE. All assignments and transfers hereunder are constituted in order to secure the prompt and complete satisfaction of any and all Secured Obligations. The assignments shall also cover any future extension or increase of the Secured Obligations and the Assignor hereby expressly agrees that the assignments shall secure the Secured Obligations as extended or increased from time to time. WEIL:\99698449\10\48555.0006
