Composition of the Collateral. The property in which a security interest is granted pursuant to the provisions of Paragraphs 4.2 and 4.3 is herein collectively called the "Collateral." The Collateral, together with all of the Borrower's other property of any kind, both real and personal, held by, assigned to, mortgaged to or conveyed in favor of the Bank, shall stand as one general, continuing collateral security for all Obligations and may be retained by the Bank until all Obligations have been satisfied in full.
Composition of the Collateral. The property in which a security interest is, or is intended to be, granted pursuant to this Agreement, the May Security Agreement, or any other Loan Document and the provisions of Section 5.2 is herein collectively called the “Collateral.” The Collateral, together with all the Borrower’s other property of any kind held by the Lender, shall stand as one general, continuing collateral security for all of the Obligations, and may be retained by the Lender until all Obligations have been satisfied in full, and the Facility has terminated.
Composition of the Collateral. The Loans shall be secured primarily with first liens and security interests upon those tracts of Borrower's real property which are agreed upon between Borrower and Lender ("Security Tracts"), together with the improvements, furniture, fixtures, equipment, accounts and inventory located on, attributable to or used in connection with the Security Tracts, as specifically set out in, and together with such other mortgages, liens and security interests as set out in the Loan Documents set forth in Section 3.2
Composition of the Collateral. The Collateral shall stand as one general, ----------------------------- continuing collateral security for all Obligations and may be retained by Bank until all Obligations and Other Obligations have been satisfied in full.
Composition of the Collateral. The property in which a security interest or other lien is granted pursuant to any of the provisions of this Agreement, including this Section 4, and/or the documents executed and delivered pursuant hereto, including the proceeds (including insurance proceeds) thereof, is herein collectively called the "Collateral".
Composition of the Collateral. Borrower and each Guarantor grants or confirms the prior grant to Lenders under the Original Credit Facility and the First Amended Facility, as appropriate, a Lien on and security interest in the following property belonging to each of them (the "Collateral") as security for the payment of the Obligations whether now existing or hereafter arising and the performance by Borrower and each Guarantor of its obligations under this Agreement and any Hedging Instrument entered into from time to time:
Composition of the Collateral. The property in which a security interest is granted pursuant to the provisions of Section 4.02 is herein collectively called the "COLLATERAL." The Collateral, together with all other property of the Borrower of any kind held by the Bank shall stand as one general, continuing collateral security for all Obligations and may be retained by the Bank as collateral security until all Obligations have been satisfied in full.
Composition of the Collateral. The property in which a security interest is granted pursuant to the provisions of Section IV.2. and IV.3. is herein collectively called "COLLATERAL". The COLLATERAL, together with all other property of the BORROWER of any kind held by the BANK, shall stand as one general, continuing collateral security for all OBLIGATIONS and may be retained by the BANK until all OBLIGATIONS have been satisfied in full. This security agreement is intended by the parties to include all OBLIGATIONS of BORROWER to BANK which have arisen in the past or which arise in the future, regardless of form or purpose, including, without limitation, loans for consumer, agricultural or business purposes; OBLIGATIONS which are primary or secondary, absolute or contingent, sole or joint; and credit evidenced by promissory notes, open accounts, overdrafts or letters of credit.
Composition of the Collateral. The property described in this Article 4 is collectively called the "Collateral" which, together with all of Borrower's other property of any kind held by Bank, shall stand as one general, continuing collateral security for all Obligations of Borrower to Bank and may be retained by Bank until all Obligations have been satisfied in full.
Composition of the Collateral. The Collateral, together with ----------------------------- all of each Obligor's other property of any kind held by the Lender, shall stand as one general, continuing collateral security for all Obligations and may be retained by the Lender until all Obligations have been satisfied in full. The Collateral shall secure the Obligations as follows: (a) the Star Collateral shall first secure Obligations arising under Note A and Note B (to the extent funded) pari passu, and shall next secure Obligations arising under Note D and ---- ----- shall next secure Star's guaranty of Star Tobacco's Obligations arising under the Star Guaranty with respect to Note C; and (b) the Star Tobacco Collateral shall first secure Obligations arising under Note C, and shall next secure Star Tobacco's guaranty of Star's Obligations arising under the Star Tobacco Guaranty of Star with respect to Note B, and shall next secure Obligations arising under the Star Tobacco Guaranty with respect to Note A and Note D, pari passu. After ---- ----- the payment of Note C and Note D and prior to the payment in full of the Obligations evidenced by Note A and Note B, Lender will forebear enforcing its security interest in the Intellectual Property Collateral so long as none of the Obligors are in a bankruptcy proceeding under Title 11 of the U.S. Code or other insolvency, reorganization or receivership proceeding, whether under state or federal law. If no Event of Default has occurred prior to January 1, 2003, Lender will release its security interest in the Intellectual Property Collateral effective as of such date. The provisions of this Section 7.01 supercede any conflicting provisions of the Restated Star Security Agreement and the Star Tobacco Security Agreement.
