Security Interest and Guarantee. The Holder has been granted a security interest (i) in certain assets of the Companies as more fully described in the Security Agreement and (ii) in the equity interests of Elandia and Company Agent’s Subsidiaries pursuant to the Equity Pledge Agreement dated as of the date hereof. The obligations of the Companies under this Note are guaranteed by ▇▇▇▇▇▇▇ and certain other Persons pursuant to Guarantees dated as of the date hereof.
Appears in 1 contract
Sources: Secured Convertible Term Note (Elandia International Inc.)
Security Interest and Guarantee. The Holder has been granted a security interest (i) in certain assets of the Companies as more fully described in the Security Agreement and (ii) in the equity interests of Elandia Elandia, Inc. and Company Agent’s Subsidiaries pursuant to the Equity Pledge Agreement dated as of the date hereof. The obligations of the Companies under this Note are guaranteed by ▇▇▇▇▇▇▇ Elandia and certain other Persons Person pursuant to Guarantees dated as of the date hereof.
Appears in 1 contract
Sources: Secured Revolving Note (Elandia International Inc.)