Common use of Concerning the Collateral Clause in Contracts

Concerning the Collateral. Notwithstanding the execution and delivery of this Agreement and completion of the transactions contemplated hereby, the Collateral Agent will continue to have a first priority perfected security interest in the Collateral for the ratable benefit of the holders of the Amended Note and the Other Amended Note.

Appears in 2 contracts

Sources: Purchase Agreement (Zix Corp), Purchase Agreement (Zix Corp)