Common use of Collateral; Grant of Lien and Security Interest Clause in Contracts

Collateral; Grant of Lien and Security Interest. (a) Pursuant to the DIP Orders and in accordance with the terms thereof, as security for the full and timely payment and performance of all of the Obligations, the Credit Parties hereby, assign, pledge and grant to the Administrative Agent, for the benefit of the Secured Parties, a security interest in and to and, subject to Section 10.05, a Lien on all of the Collateral.

Appears in 2 contracts

Samples: Restructuring Support Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc)

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Collateral; Grant of Lien and Security Interest. (a) Pursuant to, and otherwise subject to the DIP Orders terms of, the Bankruptcy Court Order and in accordance with the terms thereofthereof and subject to the Carve-Out, as security for the full and timely payment and performance of all of the Obligations, the Credit Loan Parties hereby, assign, pledge and grant to the Administrative Agent, for the benefit of the Secured Parties, a security interest in and to and, subject to Section 10.05the Intercreditor Agreement, a Lien on all of the Collateral.

Appears in 1 contract

Samples: Possession Credit Agreement (Toys R Us Inc)

Collateral; Grant of Lien and Security Interest. (a) Pursuant to the DIP Orders and in accordance with the terms thereof, as As security for the full and timely payment and performance of all of the Obligations, the Credit Parties each Debtor hereby, assignas of the Interim Bankruptcy Court Order Entry Date, pledge assigns, pledges and grant grants to the Administrative Agent, for the benefit of the Secured Parties, a security interest in Administrative Agent and to and, subject to Section 10.05, a Lien on all of the Collateral.Lender,

Appears in 1 contract

Samples: Possession Credit Agreement (Cygnus Oil & Gas Corp)

Collateral; Grant of Lien and Security Interest. (a) Pursuant to the DIP Orders Order and in accordance with the terms thereof, as security for the full and timely payment and performance of all of the Obligations, the each Credit Parties herebyParty hereby assigns, assign, pledge pledges and grant grants to the Administrative Collateral Agent, for the benefit of itself, the Secured Parties, a security interest in Administrative Agent and to and, subject to Section 10.05the Lenders, a Lien on and security interest in all of the Collateral.

Appears in 1 contract

Samples: Possession Credit Agreement

Collateral; Grant of Lien and Security Interest. (a) Pursuant to the DIP Bankruptcy Court Orders and in accordance with the terms thereof, as security for the full and timely payment and performance of all of the Obligations, the Credit Loan Parties hereby, assign, pledge and grant to the Administrative Agent, for the benefit of the Secured Parties, a security interest in and to and, subject to Section 10.05, a Lien on all of the Collateral.

Appears in 1 contract

Samples: Possession Term Loan Agreement (EveryWare Global, Inc.)

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Collateral; Grant of Lien and Security Interest. (a) Pursuant to the DIP Orders and in accordance with the terms thereof, as As security for the full and timely payment and performance of all of the Obligations, each of the Credit Parties Borrowers and the Guarantors hereby, assignas of the Financing Order Entry Date, assigns, pledges and grants (or causes the assignment, pledge and grant in respect of any indirectly owned assets) to the Administrative Agent, for the benefit of the Secured PartiesAgent and the Lenders, a security interest in and to and, subject to Section 10.05, a and Lien on all of the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Hancock Fabrics Inc)

Collateral; Grant of Lien and Security Interest. (a) Pursuant to, and otherwise subject to the terms of, the Bankruptcy Court DIP Orders Order and in accordance with the terms thereof, subject to the Carve Out, as security for the full and timely payment and performance of all of the ObligationsObligations and subject to the limitations, reservations, restrictions, and qualifications contained in any Collateral Document, the Credit Loan Parties hereby, assign, pledge and grant to the Administrative Agent, Collateral Agent for the benefit of the Secured Parties, a security interest in and to and, subject to Section 10.05, a Lien on all of the CollateralCollateral without duplication.

Appears in 1 contract

Samples: Transaction Support Agreement (J Crew Group Inc)

Collateral; Grant of Lien and Security Interest. (ai) Pursuant to the DIP Orders Final Order and in accordance with the terms thereofthereof (and subject to the terms and conditions set forth therein), as security for the full prompt and timely complete payment and performance of all when due (whether at the stated maturity, by acceleration, or otherwise) of the Obligations, the Credit Parties herebyBorrower hereby assigns, assignpledges, pledge and grant grants to the Administrative Collateral Agent, for the benefit of the Secured PartiesParties (subject, a security interest in and each case, to and, subject to Section 10.05, a Lien on all of the Collateral.Carve Out):

Appears in 1 contract

Samples: Possession Credit Agreement (Energy Future Holdings Corp /TX/)

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