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SECURITY AGREEMENT
THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise
modified from time to time, this Agreement) dated as of December 28, 2023, between Healthcare
Triangle,
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What is 1 security agreement this?
A security agreement is a document that provides a lender with a security interest in the borrower's collateral. This collateral serves as a guarantee that the borrower will repay the loan.
Who is required to file 1 security agreement this?
The borrower is required to file a security agreement with the lender.
How to fill out 1 security agreement this?
To fill out a security agreement, the borrower must provide details about the collateral being used as security, terms of the loan, and other relevant information.
What is the purpose of 1 security agreement this?
The purpose of a security agreement is to protect the lender in case the borrower defaults on the loan. It allows the lender to take possession of the collateral and sell it to recoup their losses.
What information must be reported on 1 security agreement this?
The security agreement must include details about the collateral, the loan amount, repayment terms, and any other conditions agreed upon by the lender and borrower.
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