Common use of Continuing Security Interest; Termination Clause in Contracts

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Date. This Pledge Agreement shall be binding upon the parties hereto and their respective transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, the Pledgor, the Holders and their respective successors, transferees and assigns.

Appears in 7 contracts

Samples: Collateral Pledge and Security Agreement (Apex Silver Mines LTD), Collateral Pledge (McMoran Exploration Co /De/), Collateral Pledge and Security Agreement (McMoran Exploration Co /De/)

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Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing first priority perfected security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Date. This Pledge Agreement shall be binding upon the parties hereto and their respective transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, the Pledgor, the Holders and their respective successors, transferees and assigns.

Appears in 6 contracts

Samples: Collateral Pledge and Security Agreement (Finisar Corp), Collateral Pledge and Security Agreement (MSC Software Corp), Collateral Pledge and Security Agreement (Adaptec Inc)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 5 contracts

Samples: Collateral Pledge and Security Agreement (Dobson Sygnet Communications Co), Collateral Pledge and Security Agreement (Allegiance Telecom Inc), Collateral Pledge and Security Agreement (Allegiance Telecom Inc)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 3 contracts

Samples: Collateral Pledge and Security Agreement (Startec Global Holdings Corp), Collateral Pledge and Security Agreement (Birch Telecom Inc /Mo), Collateral Pledge and Security Agreement (World Access Inc /New/)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, the Pledgor, Holders of the Holders Notes and their respective successors, transferees and assigns.

Appears in 2 contracts

Samples: Collateral Pledge and Security Agreement (Mg Waldbaum Co), Collateral Pledge and Security Agreement (Mg Waldbaum Co)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Pledged Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 2 contracts

Samples: Pledge Agreement (Pathnet Inc), Pledge Agreement (Tri State Outdoor Media Group Inc)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Secured Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral AgentHolders of the Notes, the Pledgor, the Holders Collateral Securities Intermediary and their respective successors, transferees and assigns.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Carrier1 International S A), Euro Collateral Pledge and Security Agreement (Carrier1 International S A)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Dateearlier of the payment in full in cash of the Obligations or the payment in full of the first scheduled interest payments on the Notes. This Pledge Agreement shall be binding upon the parties hereto and their respective transfereesPledgor, successors its successors, transferees and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 2 contracts

Samples: Collateral Pledge and Security Agreement (Teligent Inc), Collateral Pledge and Security Agreement (Teligent Inc)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Pledged Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Outstanding Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 2 contracts

Samples: Pledge Agreement (Pathnet Telecommunications Inc), Pledge Agreement (Pathnet Telecommunications Inc)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Secured Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and 16 remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Collateral Pledge and Security Agreement (Long Distance International Inc)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture Debentures or in this Pledge Agreement, remain in full force and effect until the Termination Date. This Pledge Agreement shall be binding upon the parties hereto and their respective transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, the Pledgor, the Holders and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Collateral Pledge and Security Agreement (PetroHunter Energy Corp)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Secured Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Company, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral AgentHolders of the Senior Notes, the Pledgor, the Holders Collateral Securities Intermediary and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Pledge Agreement (Leap Wireless International Inc)

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Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge AgreementAgreement or the Indenture, remain in full force and effect until the Termination Date. This Pledge Agreement shall be binding upon the parties hereto and their respective transferees, successors and assigns, and shall inure, together with the rights and remedies payment in full in cash of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, the Pledgor, the Holders and their respective successors, transferees and assignsSecured Obligations.

Appears in 1 contract

Samples: Collateral Pledge and Security Agreement (Century Aluminum Co)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Secured Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, Senior Notes and the Holders Discount Notes and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Rhythms Net Connections Inc)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge AgreementAgreement or the Indenture, remain in full force and effect until the Termination Date. This Pledge Agreement shall be binding upon the parties hereto and their respective transferees, successors and assigns, and shall inure, together with the rights and remedies payment in full in cash of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, the Pledgor, the Holders and their respective successors, transferees and assignsSecured Obligations.

Appears in 1 contract

Samples: Second Lien Pledge and Security Agreement (Century Aluminum Co)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Secured Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Collateral Pledge and Security Agreement (KMC Telecom Holdings Inc)

Continuing Security Interest; Termination. (a) This Pledge and Security Agreement shall create a continuing security interest in and to the Collateral and shall, unless except as otherwise provided in the Indenture or in this Pledge and Security Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Obligations. This Pledge and Security Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, Holders of the Pledgor, the Holders Notes and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Security Agreement (Bti Telecom Corp)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture or in this Pledge Agreement, remain in full force and effect until the Termination Datepayment in full in cash of the Obligations. This Pledge Agreement shall be binding upon the parties hereto and their respective Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of the Trustee, the Collateral Agent, the Pledgor, the Holders and their respective successors, transferees and assigns.the

Appears in 1 contract

Samples: Collateral Pledge and Security Agreement (World Access Inc /New/)

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in the Indenture CCI Pledge AGreement or in this Pledge Agreement, remain in full force and effect until the Termination Date. This Pledge Agreement shall be binding upon the parties hereto and their respective transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee and the Collateral Agent hereunder, to the benefit of CCI and the indirect benefit of the Trustee, the Collateral Agent, the Pledgor, the Holders and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Collateral Pledge and Security Agreement (Charter Communications Inc /Mo/)

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