Common Contracts
2 similar Security Agreement contracts by Digital Angel Corp, Echo Therapeutics, Inc.
SECURITY AGREEMENTSecurity Agreement • March 26th, 2008 • Echo Therapeutics, Inc. • Electromedical & electrotherapeutic apparatus • New York
THIS SECURITY AGREEMENT, dated as of March 24, 2008 (this “Agreement”), is by and among Echo Therapeutics, Inc., a Minnesota corporation (the “Company”), and each of the direct or indirect subsidiaries of the Company (whether now or hereafter existing, such subsidiaries, the “Subsidiaries” and, collectively with the Company, the “Debtors”), and Imperium Advisers, LLC, in its capacity as collateral agent (in such capacity, the “Collateral Agent”), for the benefit of Imperium Master Fund, Ltd. (“Imperium” and collectively with its permitted successors and assigns, the “Holders”) of the Original Issue Discount Notes (the “Notes”), issued by the Company as of the date hereof, pursuant to the Securities Purchase and Loan Agreement, dated as of the date hereof (as amended, restated, modified or supplemented from time to time, the “Securities Purchase Agreement”), by and between the Company and Imperium. The Holders and the Collateral Agent are sometimes collectively referred to herein as the
SECURITY AGREEMENTSecurity Agreement • February 9th, 2007 • Digital Angel Corp • Communications equipment, nec • New York
THIS SECURITY AGREEMENT, dated as of February 6, 2007 (this “Agreement”), is by and among DIGITAL ANGEL CORPORATION, a Delaware corporation (the “Company”), each of the subsidiaries of the Company that are signatories hereto (together with any other entity that may become an additional party hereto, the “Company Subsidiaries” and, collectively with the Company, the “Debtors”), Imperium Advisers, LLC, in its capacity as collateral agent (in such capacity, the “Collateral Agent”), for the benefit of the undersigned holders (the “Holders”)of the Company’s Senior Secured Debentures, dated as of the date hereof (the “Debentures”). The Holders, Collateral Agent and their endorsees, transferees and assigns are sometimes collectively referred to herein as the “Secured Parties”).
