Common use of Supplemental Loan Clause in Contracts

Supplemental Loan. If Borrower enters into a Supplemental Loan and if Funding Lender becomes the Supplemental Lender, then Borrower assigns and grants to Funding Lender a security interest in the Reserve Funds established in connection with the Supplemental Loan, if any, as additional security for all of Borrower’s obligations under this Continuing Covenant Agreement.

Supplemental Loan. If Borrower Xxxxxxxx enters into a Supplemental Loan and if the same Person is or becomes both Funding Lender becomes the and Supplemental Lender, then Borrower assigns and grants to Funding Lender a security interest in the Reserve Funds established in connection with the Supplemental Loan, if any, as additional security for all of Borrower’s obligations under this Continuing Covenant Agreement.

Supplemental Loan. If Borrower Xxxxxxxx enters into a Supplemental Loan and if Funding Lender becomes the Supplemental Lender, then Borrower assigns and grants to Funding Lender a security interest in the Reserve Funds established in connection with the Supplemental Loan, if any, as additional security for all of Borrower’s obligations under this Continuing Covenant Agreement.