Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 24 contracts
Samples: Security Agreement, Pledge and Security Agreement (Ann Inc.), Security Agreement (Caraustar Industries Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent Agent, individually, and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 21 contracts
Samples: Credit Agreement (Curative Health Services Inc), Security Agreement (Westaff Inc), Security Agreement (Curative Health Services Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent, for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 3 contracts
Samples: Pledge Agreement (Ddi Corp), Pledge Agreement (Uti Worldwide Inc), Pledge Agreement (Ddi Corp)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Administrative Agent and Lenders, and all proceeds Proceeds or payments realized from the Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreementprovided herein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Us Lec Corp), Loan and Security Agreement (Us Lec Corp)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent Secured Party, individually, and the other Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Purchase Agreement.
Appears in 2 contracts
Samples: Security Agreement (Gulfstream International Group Inc), Security Agreement (Gulfstream International Group Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Bti Telecom Corp), Loan Agreement (Bti Telecom Corp)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of of, Agent and Lenders, and all proceeds or payments realized from Collateral the Property in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.. ARTICLE V
Appears in 1 contract
Samples: Mortgage, Security Agreement and Fixture Filing (Butler International Inc /Md/)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral or Equipment in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Unova Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of the Agent and the Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated ------------------ hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Mail Well Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Second Amended Credit Agreement.
Appears in 1 contract
Samples: Amended and Restated Security Agreement (Applica Inc)
Benefit of Lenders. All Liens granted or ------------------ contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Mail Well Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent Administrative Agent, individually, and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Centerplate, Inc.)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Administrative Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral or Equipment in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Loan Agreement.. (SIGNATURE PAGE FOLLOWS)
Appears in 1 contract
Samples: Security Agreement (Unova Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, the Secured Parties and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement and the Intercreditor Agreement.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and LendersLender, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Benefit of Lenders. All Liens granted or ------------------ contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of the Administrative Agent and the Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Loan Agreement.
Appears in 1 contract
Samples: Security Agreement (Gentek Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit AgreementAgreement and the Master Lease.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent Agents and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit AgreementAgreement and the Financing Order.
Appears in 1 contract
Samples: Security Agreement (Cone Mills Corp)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Administrative Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit AgreementAgreement and the Financing Orders.
Appears in 1 contract
Benefit of Lenders. All Liens granted or contemplated hereby herey shall be for the benefit of Agent Agent, individually, and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Wilsons the Leather Experts Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.. [Signatures will commence on following page]
Appears in 1 contract
Samples: Security Agreement (Applica Inc)
Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent Mortgagee and Lenders, and all proceeds or payments realized from Collateral the Mortgaged Property in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Mortgage, Security Agreement (Baldwin Piano & Organ Co /De/)
