Common use of Xxxxx of Security Interest Clause in Contracts

Xxxxx of Security Interest. As collateral security for the due and punctual full payment and performance of the Note, the Borrower hereby grants a security interest in all of the following assets, whether now owned or hereafter acquired (the “Collateral”): All of Borrower’s 36,695,905 CLR Shares, including but not limited to Borrower’s rights to and interest in the dividends, distributions and proceeds thereof.

Appears in 6 contracts

Samples: Security Agreement (Hamm Harold), Security Agreement (Clement Roger Verlin), Security Agreement (Hamm Harold)

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Xxxxx of Security Interest. As collateral security for the due and punctual full payment and performance of the Note, the Borrower hereby grants a security interest in all of the following assets, whether now owned or hereafter acquired (the “Collateral”): All of Borrower’s 36,695,905 36,590,936 CLR Shares, including but not limited to Borrower’s rights to and interest in the dividends, distributions and proceeds thereof.

Appears in 4 contracts

Samples: Security Agreement (Clement Roger Verlin), Security Agreement (Hamm Harold), Security Agreement (Hamm Harold)

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