Common use of Lender Security Interest Clause in Contracts

Lender Security Interest. The Lender holds a perfected security interest, or shall be able to effect such interest within a reasonable time after the Closing Date, in the Collateral (as defined in the Security Agreement).

Appears in 3 contracts

Sources: Loan Agreement (Voyant International CORP), Loan Agreement (Voyant International CORP), Loan Agreement (Voyant International CORP)

Lender Security Interest. The Lender holds a perfected security interest, or shall be able to effect such interest within a reasonable time after the Closing Date, in the Collateral (as defined in the Security Agreement).

Appears in 2 contracts

Sources: Loan Agreement (Hemcure Inc), Loan Agreement (Hemcure Inc)