OTHER SECURITY INSTRUMENTS. MSOL, for valuable --------------------------------------------- consideration, receipt of which is hereby acknowledged, hereby grants, bargains and sells unto Global, its heirs, representatives, successors and assigns, a security interest in the Collateral, wherever located and whether now owned or hereafter acquired. MSOL shall execute, acknowledge as applicable, and deliver to Global the instruments provided for in this Section 2.02 ("Security Instruments") each of which shall be in form and in substance satisfactory to Global and which shall secure (i) the repayment of the Aggregate Debt, including all renewals, extensions, amendments and modifications thereof; and (ii) all other future or contingent debts, obligations and liabilities of every description, owed to Global by Borrower ("Additional Obligations"):
Appears in 2 contracts
Sources: Loan and Security Agreement (Medix Resources Inc), Loan and Security Agreement (Medix Resources Inc)