Common use of Continuing Security Interest; Further Actions Clause in Contracts

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 16, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the Pledgor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Note, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorDebtor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Debtor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Note, become vested with all the benefits granted to the Secured Party herein with respect to such the Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1618, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with of the NoteLoan Agreement, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien Lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party, such consent not to be unreasonably withheld. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with Section 11.10 of the NoteCredit Agreement, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1618, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the Pledgor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. [Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment [in accordance with Section [ASSIGNMENTS] of the NoteLoan Agreement], become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.]

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 16, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the Pledgor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured PartyParty and the Secured Party may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Pledgor. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with Section 12.8 of the Note, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with of the NoteNotes, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a general and continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1613.06, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and permitted assigns, and (c) inure enure to the benefit of the Secured Party Parties and its their respective successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured PartyAgent. Without limiting the generality of the foregoing clause (c), any assignee of the a Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.]

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1616 , remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the Pledgor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Note, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1618, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the Pledgor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment assignment, in accordance with Section 11.8 of the Note, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1619, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with Section 11(f) of the Note, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its respective successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this ActiveUS 172437211v.1 Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with Section 8.06 of the NoteRoyalty Interest Purchase Agreement, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1618, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the Pledgor, Pledgor and its permitted successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Notepermitted assignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 16‎17, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party, given at the direction of the Noteholders. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest ’s interests in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the NoteNote and other transaction documents, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Upon Secured Party making proper filings of UCC-1 financing statements, this Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 16, ‎17 remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party, given at the direction of the Noteholders. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest ’s interests in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the NoteNote and other transaction documents, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1614, remain in full force and effect until payment and performance in full of the Secured ObligationsObligations (other than unasserted contingent obligations), (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its their successors, transferees and assigns; provided provided, that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured PartyCollateral Agent. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Note, shall become vested with all the applicable benefits granted to the Secured Party herein with respect to such Secured Obligationsherein.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1615, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorDebtors, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that that, the Pledgor Debtors may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1619, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the Pledgor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority lien and security interest in the Collateral and shall (a) subject to Section 1618, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorPxxxxxx, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Pxxxxxx may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with Section 12(j) of the NoteLoan Agreement, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1619, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with Section 11.9 of the Note, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 16, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with Section 13 of the Note, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 1617, remain in full force and effect until payment and performance in full of the Secured Obligations, (b) be binding upon the PledgorGrantor, its successors successors, and assigns, and (c) inure to the benefit of the Secured Party and its successors, transferees transferees, and assigns; provided that the Pledgor Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party's ’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

Continuing Security Interest; Further Actions. This Agreement shall create a continuing first priority First Priority lien and security interest in the Collateral and shall (a) subject to Section 16, remain in full force and effect until payment and performance in full of the Secured ObligationsObligations (other than contingent indemnification obligations for which no claim has been made), (b) be binding upon the Pledgoreach Grantor, its permitted successors and assigns, and (c) inure to the benefit of the Secured Party and its successorspermitted successors and assigns in such capacity, transferees and assigns; provided that as set forth in the Pledgor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Secured Partyfollowing sentence. Without limiting the generality of the foregoing clause (c), any assignee (other than any collateral assignee) of the Secured Party's ’s interest in in, or to, any agreement or document which includes all or any of the Secured Obligations Combined Note Documents shall, upon assignment in accordance with the Noteassignment, become vested with all the benefits granted to the Secured Party Party, in such capacity, herein with respect to such Secured Obligations.