Common use of Other Security Interests Clause in Contracts

Other Security Interests. No Loan Party has heretofore assigned or granted a security interest in any of the Collateral, has not otherwise suffered or permitted to exist any Lien on the Collateral, and will not hereafter assign or grant a security interest in or suffer or permit any Lien on all or any portion of the Collateral other than Permitted Liens.

Appears in 3 contracts

Sources: Convertible Note Purchase and Security Agreement, Securities Purchase and Security Agreement (Evofem Biosciences, Inc.), Convertible Note Purchase and Security Agreement (Kodiak Sciences Inc.)