Grant of Interest Clause Samples

Grant of Interest. To secure the payment and performance of all of the Obligations under this Agreement and the other Loan Documents, as and when due, Borrower hereby grants to Lender a first priority security interest in all Collateral.

Grant of Interest. Grantor hereby grants to PNCEF a security interest in all of Grantor's right, title and interest in the following property of Grantor (excluding Consumer Goods) wherever located and whether now existing or hereafter acquired or created (collectively, the "Collateral"), including, without limitation: (a) all Accounts, all Equipment, all Inventory, all Chattel Paper, all General Intangibles, all Deposit Accounts, all Documents, all Instruments, all Goods, all Fixtures, all Letter-of-Credit Rights, all Supporting Obligations; (b) all property, tangible or intangible, in which Grantor now has or hereafter acquires any rights, including, without limitation, all property which now or hereafter is in PNCEF's control (by document of title or otherwise) or possession or is owed by PNCEF to Grantor; and for all of the foregoing Collateral, all books and records, Software, attachments, accessories, replacements, additions and substitutions therefor (whether now or hereafter installed therein or affixed thereto) and all Proceeds thereof. This Collateral secures the full and prompt payment to PNCEF of all obligations of Grantor to PNCEF, or to any other direct or indirect subsidiary of The PNC Financial Services Group, Inc. (“PNCEF Affiliate”), whether incurred directly or acquired by purchase, pledge, or otherwise and whether participated to or from PNCEF or PNCEF Affiliate in whole or in part, including, without limitation, (a) every such obligation of Grantor whether owing by Grantor alone or with one or more Persons in a joint, several, or joint and several capacity, whether now owing or existing or later arising or created, whether owed absolutely or contingently, whether created by lease, loan, overdraft, guaranty of payment, or other contract, quasi-contract, tort, statute, other operation of law or otherwise and (b) any and all obligations and liabilities of Grantor, whether absolute or contingent, whether now owing or existing or later arising or created, whether evidenced or acquired (including all renewals, extensions, and modifications thereof or substitutions), under (i) any agreement, device or arrangement designed to protect Grantor from fluctuations of interest rates, exchange rates or forward rates, including, but not limited to, dollar-denominated or cross-currency exchange agreements, forward currency exchange agreements, interest rate caps, collars or floors, forward rate currency or interest rate options, puts, warrants, swaps, swaptions, U.S. Trea...

Grant of Interest. Anthra hereby grants to Medeva *** ownership interest (the "Medeva Interest") in all of its rights, title and interest in the Product Know-how as exploited in the Territory (the remaining ownership interest therein, the "Anthra Interest") (collectively, the "Interests"); provided, however, that Medeva may not exploit the Product Know-how except to the extent expressly set forth elsewhere in this Agreement; and provided, further, that nothing in this Article II shall restrict the rights of Anthra with respect to the ownership of, or exploitation of Product Know-how outside the Territory.

Grant of Interest. 7 Section 2.02. Assignment of Mortgage...............................7

Grant of Interest. In consideration for the Secured Party's making the Loan, the Debtor grants to the Secured Party a security interest (the "Security Interest") in all property listed on Schedule A hereto (the "Collateral"). The Security Interest is granted to the Secured Party to secure (a) the payment of the indebtedness evidenced by the Note with interest thereon and all renewals, extensions, and modifications of the Note, and (b) the performance and observance of all of Debtor's obligations, and covenants and agreements under this Agreement.

Grant of Interest. In order to induce Bank to extend or have outstanding such credit to or for the account of Grantor as Grantor may from time to time request and as Bank in its sole discretion may from time to time be willing to extend or have outstanding, and in order to induce Bank to take security interests in or purchase such obligations of Borrower as Borrower may from time to time request and as Bank in its sole discretion may from time to time be willing to take or purchase (each such credit extension if any, and each such taking or purchase, if any, to be in such form and upon such terms, subject to such conditions, and in accordance with such other provisions as Bank in its sole discretion shall deem advisable), and in consideration thereof and for other valuable considerations, Grantor hereby grants, mortgages, sells, conveys, and warrants to Bank, the following real property (the "PREMISES"): Situated in the Township of Prairie, Franklin County, Ohio as is more particularly described on Exhibit A, which Exhibit is attached to and made a part of this Mortgage; together with a security interest in all fixtures that are now or hereafter related to the Premises or any part thereof, and any and all replacements and substitutions therefor and additions and accessions thereto, and all Proceeds of all or any part of the property hereinbefore described; together with all awards, damages, and other compensation of any kind made or to be made to any Person or Persons for any taking, either permanent or temporary, by eminent domain or other governmental action, of all or any part of the Collateral which awards and compensation are hereby assigned to Bank; and together with all appurtenances to, and all issues, leases, profits, rents, rights, and privileges of the Premises, subject, however, to all legal highways, restrictions, and easements of record, current taxes and assessments not yet due, and the following additional encumbrances (IF NONE, ENTER "NONE"): None .

Grant of Interest. 2.1 Subject to the Corporation complying with its obligations under this Deed, the ILC will: (a) grant the Interest to the Corporation; and (b) grant the Chattels to the Corporation, by transferring them to the Corporation on the Transfer Date; 2.2 As soon as practicable after the Execution Date, the Corporation shall prepare:- (a) a duly registrable Transfer Form executed by the Corporation; and (b) a duly registrable caveat which: (i) names the ILC as caveator; (ii) identifies the facts giving rise to the ILC’s caveatable interest as being the ILC’s rights arising pursuant to the terms of this Deed, and the ILC’s rights under section 191SA of the ATSI Act; and (iii) gives the Corporation’s consent to Caveat. 2.3 As soon as practicable after: (a) the ILC receives the documentation referred to in clause 2.2 of this Deed; and (b) the ILC has formed the view that the documentation has been prepared in accordance with this Deed, but before the Transfer Date, the ILC must execute the Transfer Form and the Caveat. 2.4 As soon as practicable after the ILC has executed the Transfer Form, it must return it to the Corporation for stamping purposes. 2.5 The Corporation must return the Transfer Form to the ILC immediately upon receiving a written request from the ILC for it to do so, at any time prior to the Transfer Date. 2.6 On the Transfer Date, the parties shall attend to settlement of the Grant by lodging the Transfer Form and the Caveat for registration. 2.7 The parties must do all things necessary and convenient to effect the registration of both instruments in accordance with all relevant legislative requirements, but subject to the obligations imposed by this Deed.

Grant of Interest. For the purpose of securing the payment, performance and discharge of the amounts due under the Agreement, the Mortgagor does hereby irrevocably GIVE, TRANSFER, GRANT, BARGAIN, SELL, ASSIGN, MORTGAGE, CONVEY AND WARRANT to the Mortgagee all of the Mortgagor's estate, right, title and interest in and to the Lease and the leasehold interest created thereby and the Mortgaged Property, whether now owned or held or hereafter acquired by the Mortgagor to have and to hold the Mortgaged Property unto the Mortgagee, its successors and assigns forever, and the Mortgagor does hereby bind itself, its successors and assigns, at its sole expense, to warrant and forever defend the title to the Mortgaged Property unto the Mortgagee against every Person whomsoever lawfully claiming or to claim the same or any part thereof; provided that the Mortgagor shall be permitted to grant or to continue to exist any Permitted Encumbrances; provided further, however, that if the Mortgagor shall pay or cause to be paid the amounts due under the Agreement as and when the same shall become due and payable and shall perform and discharge or cause to be performed and discharged the amounts due under the Agreement on or before the date the same are to be performed and discharged, then this Mortgage and the estate and rights granted hereby shall be null and void, otherwise to remain in full force and effect.

Grant of Interest. Debtor hereby grants the Company a first priority, perfected security interest in the Collateral, as hereinafter defined, to secure the Indebtedness, as hereinafter defined, owed to the Company. Prior to, or contemporaneous with, the execution and delivery of this Agreement, Debtor has delivered or shall deliver to the Company each of the items of Collateral as set forth below.