Effective as of the 9 3/4% Note Tender Offer Closing Date, Madewell Sample Clauses


Effective as of the 9 3/4% Note Tender Offer Closing Date, Madewell pursuant to Section 5.1 of the Loan Agreement, grants to and confirms its grant to Agent (for itself and the benefit of Lenders) of, a continuing security interest in, a lien upon, and a right of set off against, and assigns to Agent, for itself and the benefit of Lenders, as security for the payment and performance of all Obligations, all Collateral whether now owned or hereafter acquired or existing, and wherever located.