Common use of Continuing Lien Clause in Contracts

Continuing Lien. Except as provided in Section 11.13, this Indenture shall create a continuing Lien on the Collateral that shall (i) remain in full force and effect until payment in full of the Securities and any other amounts owing under this Indenture pursuant to Section 7.7, (ii) be binding upon the Guarantor and its successors and assigns and (iii) inure to the benefit of the Trustee and its successors, transferees and assigns.

Appears in 2 contracts

Sources: Indenture (SFW Holding Corp), Indenture (Dart Group Corp)

Continuing Lien. Except as provided in Section 11.1310.05, this Indenture shall create a continuing Lien on the Collateral that shall (i) remain in full force and effect until payment in full of the Securities and any other amounts owing under this Indenture pursuant to Section 7.7Notes, (ii) be binding upon the Guarantor Company and its their successors and assigns and (iii) inure enure to the benefit of the Trustee and its successors, transferees and assigns.

Appears in 2 contracts

Sources: Indenture (Rev Holdings LLC), Indenture (Rev Holdings LLC)

Continuing Lien. Except as provided in Section 11.1311.05, 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 and any other amounts owing under this Indenture pursuant to Section 7.7Securities, (ii) be binding upon the Guarantor Company and its the Subsidiary Guarantors and their successors and assigns and (iii) inure enure to the benefit of the Trustee and its successors, transferees and assigns.

Appears in 2 contracts

Sources: Indenture (Hallandale Commercial Corp.), Indenture (Up Offshore (Holdings) Ltd.)

Continuing Lien. Except as provided in Section 11.1310.05, --------------- this Indenture shall create a continuing Lien on the Collateral that shall (i) remain in full force and effect until payment in full of the Securities and any other amounts owing under this Indenture pursuant to Section 7.7Notes, (ii) be binding upon the Guarantor and its the Company and their successors and assigns and (iii) inure enure to the benefit of the Trustee and its successors, transferees and assigns.

Appears in 1 contract

Sources: Indenture (Rev Holdings Inc)

Continuing Lien. Except as provided in Section 11.1310.05, this Indenture shall create a continuing Lien on the Collateral that shall (i) remain in full force and effect until payment in full of the Securities and any other amounts owing under this Indenture pursuant to Section 7.7Securities, (ii) be binding upon the Guarantor Company and its successors and assigns and (iii) inure enure to the benefit of the Trustee and its successors, transferees and assigns.

Appears in 1 contract

Sources: Indenture (Revlon Worldwide Parent Corp)