MPZ » Topics » Grant of Security Interest

This excerpt taken from the MPZ 8-K filed Jul 17, 2008.
Grant of Security Interest. As security for the performance and payment of the Liabilities, the Debtor hereby assigns, grants, conveys, mortgages, hypothecates, pledges, and sets over to the Secured Party a continuing first priority security interest for the use and benefit of the Secured Party in the Primary Collateral; and a security interest for the use and benefit of the Secured Party in the Common Collateral which is subordinate only to the Senior Lien, if any.

 

"Grant of Security Interest" elsewhere:

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