Common use of Additional Secured Parties Clause in Contracts

Additional Secured Parties. Notwithstanding anything to the contrary contained herein, if the Borrower issues additional Notes after the date hereof, any purchaser of such Notes shall become a party to this Agreement by executing and delivering a counterpart signature page hereto, agreeing to be bound by and subject to the terms of this Agreement as a Secured Party.

Appears in 3 contracts

Sources: Security Agreement (Phototron Holdings, Inc.), Security Agreement (Phototron Holdings, Inc.), Security Agreement (Phototron Holdings, Inc.)