Common use of Grant of Security Interest in the Collateral Clause in Contracts

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor hereby grants to the Collateral Agent, for the benefit of the holders of the Secured Obligations, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Obligor in and to all of the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Collateral”): (a) all Accounts; (b) all Chattel Paper; (c) those certain Commercial Tort Claims set forth on Schedule 2(c) hereto; (d) all Copyrights; (e) all Copyright Licenses; (f) all Deposit Accounts; (g) all Documents; (h) all Equipment; (i) all Fixtures; (j) all General Intangibles;

Appears in 1 contract

Sources: Indenture (StoneX Group Inc.)

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor hereby grants to the Collateral Agent, for the benefit of the holders of the Secured Obligations, Lender a continuing security interest in, and a right to set off against, any and all right, title and interest of such Obligor in and to all assets of the following, such Obligor whether now owned or existing or owned, acquired, or arising hereafter hereafter, including, but not limited to, the following (collectively, the "Collateral”): "): (a) all Accounts; (b) all Money; (c) all Chattel Paper; (cd) those certain Commercial Tort Claims set forth on Schedule 2(c) 1 hereto; (d) all Copyrights; (e) all Copyright Licenses; (f) all Deposit Accounts; (g) all Documents; (h) all Equipment; (i) all Fixtures; (j) all General Intangibles;

Appears in 1 contract

Sources: Security and Pledge Agreement (HCI Group, Inc.)

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor hereby grants to the Collateral Administrative Agent, for the benefit of the holders of the Secured Obligations, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Obligor in and to all of the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Collateral”): ): (a) all Accounts; (b) all cash and currency; (c) all Chattel Paper; (cd) those certain Commercial Tort Claims set forth on Schedule 2(c) hereto12 to the Disclosure Letter; (de) all Copyrights; (ef) all Copyright Licenses; (fg) all Deposit Accounts; (gh) all Documents; (hi) all Equipment; (i) all Fixtures; (j) all General Intangibles;all

Appears in 1 contract

Sources: Security and Pledge Agreement (Epicor Software Corp)

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor hereby grants to the Collateral Administrative Agent, for the benefit of the holders of the Secured Obligations, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Obligor in and to all of the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Collateral”): ): (a) all Accounts; (b) all Money; (c) all Chattel Paper; (cd) those certain Commercial Tort Claims set forth on Schedule 2(c) 2 hereto; (de) all Copyrights; (ef) all Copyright Licenses; (fg) all Deposit Accounts; (gh) all Documents; (hi) all Equipment; (i) all Fixtures; (j) all General Intangibles;General

Appears in 1 contract

Sources: Security and Pledge Agreement (Trex Co Inc)

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor Grantor hereby grants to the Collateral Agent, for the benefit of the holders of the Secured Obligations, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Obligor Grantor in and to all of the following, whether now owned or existing or owned, acquired, acquired or arising hereafter (collectively, the “Collateral”): (a) all Accounts; ; (b) all Chattel Paper; cash and currency; (c) those certain Commercial Tort Claims set forth on Schedule 2(c) hereto; (d) all Copyrights; (e) all Copyright Licenses; (f) all Deposit Accounts; (g) all Documents; (h) all Equipment; (i) all Fixtures; (j) all General IntangiblesChattel Paper;

Appears in 1 contract

Sources: Abl Credit Agreement (Ardent Health Partners, LLC)

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor hereby grants to the Collateral Agent, for the benefit of the holders of the Secured Obligations, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Obligor in and to all of the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Collateral”): ): (a) all Accounts; (b) all Money; (c) all Chattel Paper; (cd) those certain Commercial Tort Claims set forth on Schedule 2(c) 2 hereto; (de) all Copyrights; (ef) all Copyright Licenses; (f) all Deposit Accounts; (g) all Documents; (h) all Equipment; (i) all Fixtures; (j) all General Intangibles;

Appears in 1 contract

Sources: Pledge and Security Agreement (Computer Programs & Systems Inc)