Common use of Continuing Security Interest; Assignments under the Credit Agreement Clause in Contracts

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Secured Loan Obligations and (ii) the termination or expiration of all Secured Hedge Agreements, (b) be binding upon the Borrower, its successors and assigns, and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest earlier of (i) the later of the payment in full in cash of the Secured Loan Obligations and the Termination Date and (ii) the termination or expiration of all Secured Hedge Agreementsexercise by Philxx Xxxrxx xx the Class B Option, (b) be binding upon the BorrowerGrantor, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Parties Agent, the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and the Term Note or Notes, if any, Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case only as provided in Section 8.07 9.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Subject to Section 27, this Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Secured Loan Obligations and (ii) the termination or expiration reduction to zero of all Secured Hedge AgreementsCommitments, (b) be binding upon the Borrowereach Grantor, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Advances Loans owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as provided in Section 8.07 of to the extent permitted by the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Intellectual Property Collateral and shall (ai) remain in full force and effect until the latest later of (ix) the indefeasible and irrevocable cash payment in full in cash of the Secured Loan Obligations and (iiy) the termination or expiration of all Secured Hedge AgreementsFinal Maturity Date, (bii) be binding upon the Borrowersuch Grantor, its successors and assigns, assigns and (ciii) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of of, and be enforceable by, the Secured Parties Collateral Agent and their its respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (cthis Section 14(iii), any Lender Collateral Agent may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitment or Commitments, the Advances owing to it and the any Note or Notes, if any, Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender Collateral Agent herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Secured Loan American Airlines - AMR Pledge Agreement Obligations and (ii) the termination or expiration of all Secured Hedge AgreementsTermination Date, (b) be binding upon the BorrowerPledgor, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as provided in Section 8.07 9.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest termination of (i) the Aggregate Commitments and the payment in full in cash of the Secured Loan Obligations and (ii) the termination or expiration of all Secured Hedge Agreementsother than contingent indemnification obligations as to which no claim has been asserted), (b) be binding upon the Borrowereach Grantor, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Parties and their respective successors, successors and permitted transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Advances Loans owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as provided in Section 8.07 10.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest later of (i) the payment in full in cash of the Secured Loan Obligations and (ii) the termination or expiration of all Secured Hedge AgreementsTermination Date, (b) be binding upon the Borrowereach Pledgor, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Administrative Agent hereunder, to the benefit of the Secured Parties Administrative Agent, the Lenders and their respective successors, transferees and assignsassigns (in each case subject to the provisions of Section 19). Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, and the Advances owing to it and the Note or Notes, if any, Notes held by it) it to any other Person), and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest later of (i) the indefeasible payment in full in cash of the Secured Loan Obligations and (ii) the termination or expiration of all Secured Hedge AgreementsTermination Date, (b) be binding upon the Borrowereach Grantor, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Administrative Agent hereunder, to the benefit of the Secured Administrative Agent, the Lender Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and the Note or Notes, if any, Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.11.7

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the indefeasible and irrevocable payment in full in cash of the Secured Loan Obligations Obligations, the Final Maturity Date and (ii) the termination or expiration of all Secured Bank Hedge Agreements, (b) be binding upon the Borrowereach Grantor, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and the Note or Notes, if any, Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until such time as the latest of Secured Obligations (iother than indemnification Obligations for which no claims have been made) the payment shall have been indefeasibly paid in full in cash of immediately available funds and the Secured Loan Obligations and (ii) the termination or expiration of all Secured Hedge AgreementsCommitments have been terminated, (b) be binding upon the Borrower, its successors and assigns, assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Parties Lender hereunder and their its respective successors, transferees successors and permitted assigns. Without limiting the generality of the foregoing clause (c), any the Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Advances Loan owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such the Lender herein or otherwise, in each case as provided in Section 8.07 8.8 of the Credit Agreement.