Common use of Borrower Collateral Clause in Contracts

Borrower Collateral. In order to secure the due payment and performance by the Borrower of all of the Obligations of the Borrower to the Lender, the Borrower shall grant to the Lender a Lien on all of the Borrower Collateral by the execution and delivery to the Lender of the Security Agreement.

Borrower Collateral. In order to secure the due payment and ------------------- performance by the Borrower of all of the Obligations of the Borrower to the Lender, the Borrower shall grant to the Lender a Lien on all of the Borrower Collateral by the execution and delivery to the Lender of the Security Agreement.