Houston Texas Security Agreement between Jon H. Rowberry and Franklin Covey Company

• Category: Corporations - Public - Security
• State: Multi-State
• City: Houston
• Control #: US-EG-9055
• Format: Word; Rich Text

Description

Security Agreement between Jon H. Rowberry and Franklin Covey Company dated September 23, 1999. 3 pages Houston Texas Security Agreement is a legal document that outlines the terms and conditions of the security arrangement between Jon H. Row berry and Franklin Covey Company. This agreement serves to protect the rights, assets, and interests of both parties involved. The purpose of this Security Agreement is to establish a set of guidelines and procedures for ensuring the security and repayment of a loan or financial obligation between Jon H. Row berry and Franklin Covey Company. By entering into this agreement, both parties demonstrate their commitment to maintaining a secure and trustworthy business relationship. The Houston Texas Security Agreement contains several key elements that provide a comprehensive overview of the terms and conditions agreed upon by both parties. These elements include: 1. Identification of the parties involved: The agreement clearly outlines the identities of Jon H. Row berry and Franklin Covey Company, ensuring that both parties are aware of their respective roles and responsibilities. 2. Description of the secured obligations: The agreement specifies the financial obligations that are being secured by this agreement. This may include loans, credit facilities, or any other form of financial arrangement between the two parties. 3. Details of the collateral: The agreement defines the collateral or security that is being offered by the borrower (Jon H. Row berry) to secure the obligations. This may include real estate, personal property, or any other valuable asset that can be used as security. 4. Rights and responsibilities of the parties: The agreement clearly outlines the rights and responsibilities of both parties. It defines the actions and obligations that each party must adhere to, such as repayment terms, interest rates, and any additional conditions for maintaining the security. 5. Default and remedies: The agreement includes provisions for default and remedies in case either party fails to meet their obligations. It specifies the actions that can be taken in the event of default, such as seizing the collateral or pursuing legal action. 6. Governing law and jurisdiction: The agreement mentions the governing law and jurisdiction that will apply in case of any disputes or disagreements between the parties. In this case, it would be the laws of the state of Texas and the jurisdiction of Houston. The types of Houston Texas Security Agreement between Jon H. Row berry and Franklin Covey Company may vary depending on the specific financial arrangements and the nature of the collateral being offered. Some possible types include: 1. Real estate security agreement: This agreement secures the financial obligations using real estate as collateral. It outlines the terms and conditions specific to real estate assets. 2. Personal property security agreement: This agreement secures the financial obligations using personal property as collateral. It outlines the terms and conditions specific to personal property assets. 3. Intellectual property security agreement: This agreement secures the financial obligations using intellectual property assets, such as patents or trademarks. It outlines the terms and conditions specific to intellectual property rights. 4. Mixed collateral security agreement: This agreement secures the financial obligations using a combination of different types of collateral. It outlines the terms and conditions specific to each type of collateral. In conclusion, the Houston Texas Security Agreement between Jon H. Row berry and Franklin Covey Company is a legally binding document that ensures the security and repayment of financial obligations. It outlines the rights, responsibilities, and procedures to be followed by both parties to maintain a secure business relationship. The specific type of security agreement may vary depending on the nature of the collateral being offered to secure the obligations.

Houston Texas Security Agreement is a legal document that outlines the terms and conditions of the security arrangement between Jon H. Row berry and Franklin Covey Company. This agreement serves to protect the rights, assets, and interests of both parties involved. The purpose of this Security Agreement is to establish a set of guidelines and procedures for ensuring the security and repayment of a loan or financial obligation between Jon H. Row berry and Franklin Covey Company. By entering into this agreement, both parties demonstrate their commitment to maintaining a secure and trustworthy business relationship. The Houston Texas Security Agreement contains several key elements that provide a comprehensive overview of the terms and conditions agreed upon by both parties. These elements include: 1. Identification of the parties involved: The agreement clearly outlines the identities of Jon H. Row berry and Franklin Covey Company, ensuring that both parties are aware of their respective roles and responsibilities. 2. Description of the secured obligations: The agreement specifies the financial obligations that are being secured by this agreement. This may include loans, credit facilities, or any other form of financial arrangement between the two parties. 3. Details of the collateral: The agreement defines the collateral or security that is being offered by the borrower (Jon H. Row berry) to secure the obligations. This may include real estate, personal property, or any other valuable asset that can be used as security. 4. Rights and responsibilities of the parties: The agreement clearly outlines the rights and responsibilities of both parties. It defines the actions and obligations that each party must adhere to, such as repayment terms, interest rates, and any additional conditions for maintaining the security. 5. Default and remedies: The agreement includes provisions for default and remedies in case either party fails to meet their obligations. It specifies the actions that can be taken in the event of default, such as seizing the collateral or pursuing legal action. 6. Governing law and jurisdiction: The agreement mentions the governing law and jurisdiction that will apply in case of any disputes or disagreements between the parties. In this case, it would be the laws of the state of Texas and the jurisdiction of Houston. The types of Houston Texas Security Agreement between Jon H. Row berry and Franklin Covey Company may vary depending on the specific financial arrangements and the nature of the collateral being offered. Some possible types include: 1. Real estate security agreement: This agreement secures the financial obligations using real estate as collateral. It outlines the terms and conditions specific to real estate assets. 2. Personal property security agreement: This agreement secures the financial obligations using personal property as collateral. It outlines the terms and conditions specific to personal property assets. 3. Intellectual property security agreement: This agreement secures the financial obligations using intellectual property assets, such as patents or trademarks. It outlines the terms and conditions specific to intellectual property rights. 4. Mixed collateral security agreement: This agreement secures the financial obligations using a combination of different types of collateral. It outlines the terms and conditions specific to each type of collateral. In conclusion, the Houston Texas Security Agreement between Jon H. Row berry and Franklin Covey Company is a legally binding document that ensures the security and repayment of financial obligations. It outlines the rights, responsibilities, and procedures to be followed by both parties to maintain a secure business relationship. The specific type of security agreement may vary depending on the nature of the collateral being offered to secure the obligations.