Common use of Additional Secured Parties Clause in Contracts

Additional Secured Parties. If the Debtor shall issue additional Note(s) pursuant to the Purchase Agreement, any holder of such Note(s) shall become a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and shall be deemed a “Secured Party” and a party hereunder.

Appears in 2 contracts

Sources: Security Agreement (Ascent Solar Technologies, Inc.), Security Agreement (Ascent Solar Technologies, Inc.)