Common use of Security Interest and Guarantee Clause in Contracts

Security Interest and Guarantee. The Holder has been granted a security interest in certain assets of the Parent as more fully described in the Security Agreement.

Appears in 3 contracts

Sources: Secured Revolving Note (Naturade Inc), Secured Convertible Minimum Borrowing Note (Naturade Inc), Secured Revolving Note (Naturade Inc)

Security Interest and Guarantee. The Holder has been granted a security interest in certain assets of the Parent as more fully described in the Security AgreementAgreement dated as of the date hereof.

Appears in 2 contracts

Sources: Secured Term Note (Naturade Inc), Secured Convertible Term Note (Naturade Inc)