Benefit of the 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 Secured Obligations in accordance with the terms of the Credit Agreement.
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Samples: Security Agreement (Daisytek International Corporation /De/), Security Agreement (Daisytek International Corporation /De/)
Benefit of the Lenders. All Liens granted or contemplated hereby shall be for the benefit of the Agent Collateral Agent, the Letter of Credit Issuer and the 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.
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