Common use of Creation Of The Security Interest Clause in Contracts

Creation Of The Security Interest. Guarantor here-by grants to Secured Party a security interest in all of the right, title and interest of Guarantor in and to the Collateral to secure the full and prompt payment of all of the Obligations.

Appears in 3 contracts

Sources: Security Agreement (Alternus Energy Inc.), Security Agreement (Alternus Energy Inc.), Security Agreement (Alternus Energy Inc.)