Common Contracts

2 similar Collateral Assignment contracts by Spar Group Inc

COLLATERAL ASSIGNMENT (Security Agreement) (Trademarks) Effective: April 10, 2019
Collateral Assignment • April 24th, 2019 • Spar Group Inc • Services-business services, nec • New Jersey

WHEREAS, NORTH MILL CAPITAL LLC, a Delaware limited liability company ("Assignee"), located and doing business 821 Alexander Road, Suite 103, Princeton, New Jersey 08540, has extended and may hereafter extend credit to Assignor and/or its affiliates, and Assignor has executed and delivered to Assignee a certain Loan and Security Agreement dated as of April 10, 2019 (as amended, modified, supplemented, substituted, extended or renewed from time to time, the "Loan Agreement") pursuant to which Assignor grants to Assignee a security interest in substantially all assets of Assignor to secure all of the Obligations (as defined in the Loan Agreement) and Assignor may hereafter execute and deliver to Assignee other similar security agreements; and

AutoNDA by SimpleDocs
COLLATERAL ASSIGNMENT (Security Agreement) (Trademarks) Effective: April 10, 2019
Collateral Assignment • April 15th, 2019 • Spar Group Inc • Services-business services, nec • New Jersey

WHEREAS, NORTH MILL CAPITAL LLC, a Delaware limited liability company ("Assignee"), located and doing business 821 Alexander Road, Suite 103, Princeton, New Jersey 08540, has extended and may hereafter extend credit to Assignor and/or its affiliates, and Assignor has executed and delivered to Assignee a certain Loan and Security Agreement dated as of April 10, 2019 (as amended, modified, supplemented, substituted, extended or renewed from time to time, the "Loan Agreement") pursuant to which Assignor grants to Assignee a security interest in substantially all assets of Assignor to secure all of the Obligations (as defined in the Loan Agreement) and Assignor may hereafter execute and deliver to Assignee other similar security agreements; and

Time is Money Join Law Insider Premium to draft better contracts faster.