Common use of Continuing Security Interest; Transfer of Interest Clause in Contracts

Continuing Security Interest; Transfer of Interest. This Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof , shall (i) remain in full force and effect, (ii) be binding upon each Grantor and its successors, transferees and assigns, and (iii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be binding upon, each Secured Party (other than the Swap Counterparties and the Banking Service Providers) and each of its successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, and assigns only to the extent such successor, transferee, and assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Agreement. Furthermore, when any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, to any other Person pursuant to the terms of such agreement, that other Person shall thereupon become vested with the benefits held by such Secured Party under this Security Agreement only if such Person independently qualifies as a Secured Party.

Continuing Security Interest; Transfer of Interest. (a) This Security Pledge Agreement shall create a continuing security interest in the Pledged Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof the Payment in Full of Obligations occurs, shall (i) remain in full force and effect, (ii) be binding upon each Grantor Pledgor and its successors, transferees and assigns, and (iii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be binding upon, each Secured Party (other than the Swap Counterparties and the Banking Service Providers) and each of its successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, transferees and assigns only to the extent such successor, transferee, and assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Pledge Agreement. Furthermore, when any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, to any other Person pursuant to the terms of such agreement, that other Person shall thereupon become vested with the benefits held by such Secured Party under this Security Pledge Agreement only if such Person independently qualifies as a Secured Party.

Continuing Security Interest; Transfer of Interest. This Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof Agent, shall (i) remain in full force and effecteffect until the Security Termination has occurred, (ii) be binding upon each Grantor and its successors, transferees and assigns, and (iii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be binding upon, each Secured Party (other than the Swap Counterparties Administrative Agent, the Swingline Lender, the Issuing Bank, the Lenders and the Banking Service Providers) and each of its their respective successors, transferees, and assigns, and (iv) inure to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers Providers, and each of their respective successors, transferees, and assigns only to the extent such successor, transferee, and transferee or assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document Loan Documents to any other Person pursuant to the terms of the Credit Agreement or such other Credit DocumentLoan Documents, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Agreement. FurthermoreNotwithstanding the foregoing, when (i) any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, Hedge Contract to any other Person pursuant to the terms of such agreementagreement or (ii) any Banking Service Provider transfers any Banking Services Obligations to any other Person, in each case, that other Person shall thereupon become vested with all the benefits held by such Secured Party under this Security Agreement only if such Person independently qualifies as is also then a Secured Party.

Continuing Security Interest; Transfer of Interest. (a) This Security Pledge Agreement shall create a continuing security interest in the Pledged Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof the Payment in Full of Obligations occurs, shall (i) remain in full force and effect, (ii) be binding upon each Grantor Pledgor and its successors, transferees and assigns, and (iii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be binding upon, each Secured Party (other than the Swap Counterparties and the Banking Service Providers) and each of its successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, transferees and assigns only to the extent such successor, transferee, and assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Pledge Agreement. Furthermore, when any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, to any other Person pursuant to the terms of such agreement, that other Person shall thereupon become vested with the benefits held by such Secured Party under this Security Pledge Agreement only if such Person independently qualifies as a Secured Party.. Exhibit H – Form of Pledge Agreement

Continuing Security Interest; Transfer of Interest. This Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof Secured Party, shall (i) remain in full force and effecteffect until the indefeasible payment in full in cash of, and termination of, the Secured Obligations and the termination of the Commitments, (ii) be binding upon each Grantor the Grantors, the Secured Party, the other Credit Parties and its their successors, transferees and assigns, and (iii) inure, together with the rights and remedies of the Administrative Agent Secured Party hereunder, to the benefit of and be binding upon, each the Secured Party (other than Party, Administrative Agent, the Swap Counterparties Issuing Lender, and the Banking Service Providers) Lenders and each of its their respective successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers Counterparties, and each of their successors, transferees, respective successors and assigns only to the extent such successorsuccessors, transfereetransferees, and assign assigns of a Swap Counterparty is also Administrative Agent, the Issuing Lender, a Secured PartyLender or an Affiliate of a Lender. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Loan Document (other than an Interest Hedge Agreement or a Hydrocarbon Hedge Agreement) to any other Person pursuant to the terms of the Credit Agreement or such other Credit Loan Document, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Agreement. Furthermore, when any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under an Interest Hedge Agreement or a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, Hydrocarbon Hedge Agreement to any other Person pursuant to the terms of such agreement, that other Person shall thereupon become vested with all the benefits held by such Secured Party Lender under this Security Agreement only if such Person independently qualifies as is also then a Secured PartyLender or an Affiliate of a Lender.

Continuing Security Interest; Transfer of Interest. This Security Pledge Agreement shall create a continuing security interest in the Pledged Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof , and shall (ia) remain in full force and effecteffect until the indefeasible payment in full and termination of the Secured Obligations, (iib) be binding upon each Grantor and the Pledgor, its successors, transferees and assigns, and (iiic) inure, together with the rights and remedies of the Administrative Agent Secured Party hereunder, to the benefit of and be binding upon, each the Secured Party (other than the Swap Counterparties and the Banking Service Providers) other Credit Parties and each of its their respective successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, and assigns only to the extent such successor, transferee, and assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender the Secured Party or such other Credit Party assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by the Secured Party or such Lender Credit Party under this Security Pledge Agreement. FurthermoreUpon the payment in full and termination of the Secured Obligations, when any Swap Counterparty or Banking Services Provider assigns the security interest granted hereby shall terminate and all rights to the Pledged Collateral shall revert to the Pledgor to the extent such Pledged Collateral shall not have been sold or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, to any other Person applied pursuant to the terms of hereof. Upon any such agreementtermination, that other Person shall thereupon become vested with the benefits held by such Secured Party under this Security Agreement only if will, at the Pledgor's expense, deliver all Pledged Collateral to the Pledgor, execute and deliver to the Pledgor such Person independently qualifies documents as a Secured Partythe Pledgor shall reasonably request and take any other actions reasonably requested to evidence or effect such termination.

Continuing Security Interest; Transfer of Interest. (a) This Security Pledge Agreement shall create a continuing security interest in the Pledged Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof Agent, shall (i) remain in full force and effecteffect until the Security Termination has occurred, (ii) be binding upon each Grantor Pledgor and its successors, transferees and assigns, and (iii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be binding upon, each Secured Party (other than the Swap Counterparties Administrative Agent, the Swingline Lender, the Issuing Bank, the Lenders, and the Banking Service Providers) and each of its their respective successors, transferees, and assigns, and (iv) inure to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers Providers, and each of their respective successors, transferees, and assigns only to the extent such successor, transferee, and transferee or assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document Loan Documents to any other Person pursuant to the terms of the Credit Agreement or such other Credit DocumentLoan Documents, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Pledge Agreement. FurthermoreNotwithstanding the foregoing, when (i) any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, Hedge Contract to any other Person pursuant to the terms of such agreementagreement or (ii) any Banking Service Provider transfers any Banking Services Obligations to any other Person, in each case, that other Person shall thereupon become vested with all the benefits held by such Secured Party under this Security Pledge Agreement only if such Person independently qualifies as is also then a Secured Party.

Continuing Security Interest; Transfer of Interest. This Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof Secured Party, shall (i) remain in full force and effecteffect until the occurrence of the Security Termination, (ii) be binding upon the Grantors, the Secured Party, the other Credit Parties and their successors, and assigns, (iii) inure to the benefit of and be enforceable by the Administrative Agent, each Grantor Lender, and its the Issuing Lender, and their respective successors, and, in the case of transfers and assignments made in accordance with the Credit Agreement, transferees and assigns, and (iiiiv) inure, together with the rights and remedies of the Administrative Agent hereunder, inure to the benefit of and be binding upon, each Secured Party (other than the enforceable by a Swap Counterparties and the Banking Service Providers) Counterparty and each of its successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, transferees and assigns only to the extent such successor, transferee, and transferee or assign is also a Secured PartyLender or an Affiliate of a Lender. Without limiting the generality of the foregoing clauseclause (iii), when the Administrative Agent or any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Loan Document (other than a Hedge Contract) to any other Person pursuant to the terms of the Credit Agreement or such other Credit Loan Document, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Agreement. Furthermore, when any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, Hedge Contract to any other Person pursuant to the terms of such agreement, that other Person shall thereupon become vested with all the benefits held by such Secured Party Lender under this Security Agreement only if such Person independently qualifies as is also then a Secured PartyLender or an Affiliate of a Lender.

Continuing Security Interest; Transfer of Interest. This Unless earlier terminated according to Section 4.3 hereof, this Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof , and shall (ia) remain in full force and effecteffect until indefeasible payment in full and termination of the Secured Obligations, (iib) be binding upon each Grantor the Debtor, the Collateral Agent, the Term Secured Parties and its their respective successors, transferees and assigns, and (iiic) inure, together with the rights and remedies of the Administrative Collateral Agent hereunder, to the benefit of of, and be binding upon, each the Collateral Agent, the Term Secured Party (other than the Swap Counterparties Parties, and the Banking Service Providers) and each of its their respective successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, and assigns only to the extent such successor, transferee, and assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender Term Secured Party assigns or otherwise transfers any interest held by it under the Credit Term Loan Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Term Loan Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by such Lender Term Secured Party under this Security Agreement. FurthermoreUpon the indefeasible payment in full and termination of the Secured Obligations, when any Swap Counterparty or Banking Services Provider assigns the security interest granted hereby shall terminate and all rights to the Collateral shall revert to the Debtor to the extent such Collateral shall not have been sold or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, to any other Person applied pursuant to the terms of such agreement, that other Person shall thereupon become vested with the benefits held by such Secured Party under this Security Agreement only if such Person independently qualifies as a Secured Partyhereof.

Continuing Security Interest; Transfer of Interest. This Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof Agent, shall (i) remain in full force and effecteffect until the occurrence of Security Termination, (ii) be binding upon each Grantor and its successors, transferees and assigns, and (iii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be binding upon, each Secured Party (other than the Swap Counterparties and the Banking Service Providers) and each of its successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, and assigns only to the extent such successor, transferee, and assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Agreement. Furthermore, when any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, Hedge Contract to any other Person pursuant to the terms of such agreement, that other Person shall thereupon become vested with all the benefits held by such Secured Party under this Security Agreement only if such Person independently qualifies as is also then a Secured PartyLender or an Affiliate of a Lender.

Continuing Security Interest; Transfer of Interest. This Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof , and shall (ia) remain in full force and effecteffect until indefeasible payment in full and termination of the Secured Obligations, (iib) be binding upon each Grantor the Debtor, the Secured Party, the Credit Parties and its their respective successors, transferees and assigns, and (iiic) inure, together with the rights and remedies of the Administrative Agent Secured Party hereunder, to the benefit of of, and be binding upon, each the Secured Party (other than Party, the Swap Counterparties Credit Parties, and the Banking Service Providers) and each of its their respective successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers and each of their successors, transferees, and assigns only to the extent such successor, transferee, and assign is also a Secured Party. Without limiting the generality of the foregoing clause, when any Lender Credit Party assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by such Lender Credit Party under this Security Agreement. FurthermoreUpon the indefeasible payment in full and termination of the Secured Obligations, when any Swap Counterparty or Banking Services Provider assigns the security interest granted hereby shall terminate and all rights to the Collateral shall revert to the Debtor to the extent such Collateral shall not have been sold or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, to any other Person applied pursuant to the terms of hereof. Upon any such agreementtermination, that other Person shall thereupon become vested with the benefits held by such Secured Party under this Security Agreement only if , at the Debtor's expense, will execute and deliver to the Debtor such Person independently qualifies UCC statements and other documentation as a Secured Partythe Debtor shall reasonably request and take any other actions reasonably requested by the Debtor to evidence or effect such termination.

Continuing Security Interest; Transfer of Interest. This Security Agreement shall create a continuing security interest in the Collateral (other than as to any Collateral released pursuant to Section 5(b) hereof) and, unless expressly released by the Administrative Agent or released pursuant to Section 5(a) hereof Secured Party, shall (ia) remain in full force and effecteffect until the indefeasible payment in full in cash of the Secured Obligations (including all Letter of Credit Obligations), the termination or expiration of all Letters of Credit and the termination of all obligations of the Issuing Banks and the Lenders in respect of Letters of Credit, the termination of all Lender Hedging Agreements and the termination of all obligations of the Swap Counterparties in respect of the Lender Hedging Agreements, and the termination or expiration of the Commitments, (iib) be binding upon each Grantor and its successors, transferees tranferees and assigns, and (iiic) inure, together with the rights and remedies of the Administrative Agent Secured Party hereunder, to the benefit of and be binding upon, each the Secured Party (other than Party, the Swap Counterparties Issuing Banks, and the Banking Service Providers) Lenders and each of its their respective successors, transferees, and assigns, and to the benefit of and be binding upon, the Swap Counterparties and the Banking Service Providers Counterparties, and each of their respective successors, transferees, and assigns only to the extent such successorsuccessors, transfereetransferees, and assign assigns of a Swap Counterparty is also a Secured PartyLender or an Affiliate of a Lender. Without limiting the generality of the foregoing clause, when any Lender assigns or otherwise transfers any interest held by it under the Credit Agreement or other Credit Document to any other Person pursuant to the terms of the Credit Agreement or such other Credit Document, that other Person shall thereupon become vested with all the benefits held by such Lender under this Security Agreement. Furthermore, when any Swap Counterparty or Banking Services Provider assigns or otherwise transfers any interest held by it under a Hedging Arrangement or any agreement in respect of Banking Services, as applicable, to any other Person pursuant to the terms of such agreement, that other Person shall thereupon become vested with the benefits held by such Secured Party under this Security Agreement only if such Person independently qualifies as a Secured Party.