Common Contracts

3 similar Security Agreement contracts by AMBER Ready, Inc, Bazi International, Inc.

SECURITY AGREEMENT
Security Agreement • December 6th, 2010 • Bazi International, Inc. • Medicinal chemicals & botanical products • New York

This SECURITY AGREEMENT (this “Agreement”), dated as of March __, 2010, is made by and between Hudson Asset Partners, LLC, a Delaware limited liability company, in its capacity as collateral agent (the “Collateral Agent”), and XELR8 Holdings, Inc., a Nevada corporation (“Borrower”), XELR8, Inc., a Colorado corporation and wholly­owned subsidiary of Borrower (“XELR8”), and VitaCube Systems, Inc., a Colorado corporation and wholly­owned subsidiary of Borrower (“VitaCube” and together, with XELR8, the “Subsidiaries” and together with Borrower, the “Grantor”) for the benefit of the holders (the “Holders”) of those certain five year convertible secured promissory notes described below in the minimum principal amount of $1,000,000 (the “Minimum Amount”) and a maximum amount of up to $2,000,000 (or up to $3,000,000, if an over­allotment option (the “Over­allotment”) is exercised in full), to be issued by Borrower from time to time on and after the date hereof, all upon terms described in that

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SECURITY AGREEMENT
Security Agreement • December 18th, 2009 • AMBER Ready, Inc • New York

This SECURITY AGREEMENT (this “Agreement”), dated as of June 30, 2009, is made by and between Hudson Asset Partners, LLC, a Delaware limited liability company, in its capacity as collateral agent (the “Collateral Agent”), and Amber Ready, Inc., a Nevada corporation (“Amber” or the “Grantor”) for the benefit of the holders (the “Holders”) of those certain three year subordinated convertible secured promissory notes described below in the minimum principal amount of $1,000,000 (the “Minimum Amount”) and a maximum amount of up to $2,000,000 (or up to $3,000,000, if an over-allotment (the “Over-allotment”) is exercised in full), to be issued by Amber from time to time on and after the date hereof, all upon terms described in that certain Confidential Private Placement Memorandum, dated on or about June 10, 2009 (the “Memorandum”).

SECURITY AGREEMENT
Security Agreement • December 18th, 2009 • AMBER Ready, Inc • New York

This SECURITY AGREEMENT (this “Agreement”), dated as of April 21, 2009, is made by and between Hudson Asset Partners, LLC, a Delaware limited liability company, in its capacity as collateral agent (the “Collateral Agent”), and Amber Ready, Inc., a Nevada corporation (“Amber” or the “Grantor”) for the benefit of the holders (the “Holders”) of those certain three year convertible secured promissory notes described below in the minimum principal amount of $3,000,000 (the “Minimum Amount”) and a maximum amount of up to $11,000,000 (or up to $12,000,000, if an over-allotment (the “Over-allotment”) is exercised in full), to be issued by Amber from time to time on and after the date hereof, all upon terms described in that certain Confidential Private Placement Memorandum, dated March 19, 2009 (the “Memorandum”).

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