SECURITY; SINGLE LOAN Clause Samples

SECURITY; SINGLE LOAN. To secure the full, prompt and complete performance of Borrower's covenants set out in this Agreement and to secure the repayment of the Loans and all other Obligations, Borrower agrees to, and will cause its Domestic Restricted Subsidiaries to, grant and assign a lien upon, and security interest in, the Collateral pursuant to the Guaranty and Security Agreement, any other Security Document, the Financing Statements and such other agreements as Lender shall from time to time reasonably require and Borrower or such Domestic Restricted Subsidiaries shall have caused to be executed and delivered to Lender. All of the obligations of the Loan Parties to Lender arising under or in connection with this Agreement or any of the other Loan Documents shall constitute one general obligation of the Loan Parties secured by Lender's security interest in the Collateral and by all other security interests, mortgages, liens, claims, and encumbrances now and from time to time hereafter granted from the Loan Parties to Lender. Collateral for any Loan shall be collateral for all Loans and any and all of the obligations of the Loan Parties hereunder or under any other Loan Document.