Common use of Duration of Security Interest Clause in Contracts

Duration of Security Interest. The Secured Party, and its successors and assigns, shall hold the security interest created hereby pursuant to the terms of this Agreement, and this security interest shall continue until the Secured Obligations are paid in full.

Duration of Security Interest. The Secured Party, and its successors and assigns, assigns shall have and hold the Collateral forever; provided, always, however, that such security interest created is granted upon the express condition that if the Company or Purchaser shall pay or cause to be paid the Secured Obligations, then these presents and the estate hereby pursuant to the terms of this Agreement, granted and conveyed shall cease and this security interest Security Agreement shall continue until become null and void and the Secured Obligations Party will take such actions to release the lien hereof as are paid set forth in fullSection 6.4 hereof; otherwise to remain in full force and effect.

Duration of Security Interest. The Secured Party, and its successors and assigns, shall hold the security interest interests created hereby pursuant to upon the terms of this Agreement, and this security interest Agreement shall continue until the Secured Obligations are have been performed, executed, or paid in full.

Duration of Security Interest. The Secured Party, and its successors and assigns, shall hold the Collateral and security interest created hereby pursuant to upon the terms of this Stock Pledge Agreement, and this security interest shall continue until the Secured Obligations are have been paid in full.