Continuing Lien. Except as provided in Section 11.05, this Indenture shall create a continuing Lien on the Pledged Collateral that shall (i) remain in full force and effect until payment in full of the Securities, (ii) be binding upon the Company and the Subsidiary Guarantors and their successors and assigns and (iii) enure to the benefit of the Trustee and its successors, transferees and assigns.
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Samples: Hallandale Commercial Corp., Indenture (Up Offshore (Holdings) Ltd.)
Continuing Lien. Except as provided in Section 11.0510.05, this Indenture shall create a continuing Lien on the Pledged Collateral that shall (i) remain in full force and effect until payment in full of the SecuritiesNotes, (ii) be binding upon the Company and the Subsidiary Guarantors and their successors and assigns and (iii) enure to the benefit of the Trustee and its successors, transferees and assigns.
Appears in 2 contracts
Samples: Plans Assumption Agreement (Rev Holdings LLC), Indenture (Rev Holdings LLC)
Continuing Lien. Except as provided in Section 11.0511.13, this Indenture shall create a continuing Lien on the Pledged Collateral that shall (i) remain in full force and effect until payment in full of the SecuritiesSecurities and any other amounts owing under this Indenture pursuant to Section 7.7, (ii) be binding upon the Company Guarantor and the Subsidiary Guarantors and their its successors and assigns and (iii) enure inure to the benefit of the Trustee and its successors, transferees and assigns.
Appears in 2 contracts
Samples: Indenture (Dart Group Corp), SFW Holding Corp
Continuing Lien. Except as provided in Section 11.0510.05, --------------- this Indenture shall create a continuing Lien on the Pledged Collateral that shall (i) remain in full force and effect until payment in full of the SecuritiesNotes, (ii) be binding upon the Company Guarantor and the Subsidiary Guarantors Company and their successors and assigns and (iii) enure to the benefit of the Trustee and its successors, transferees and assigns.
Appears in 1 contract
Continuing Lien. Except as provided in Section 11.0510.05, this Indenture shall create a continuing Lien on the Pledged Collateral that shall (i) remain in full force and effect until payment in full of the Securities, (ii) be binding upon the Company and the Subsidiary Guarantors and their its successors and assigns and (iii) enure to the benefit of the Trustee and its successors, transferees and assigns.
Appears in 1 contract
