Common use of Grant of Transaction Liens Clause in Contracts

Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee](3) [the Secured Obligations](4), the Lien Grantor grants to the Collateral Agent for the benefit of the Secured Parties a continuing security interest in all the following property of the Lien Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the "NEW COLLATERAL"): [describe property being added to the Collateral](5)

Appears in 2 contracts

Samples: Security Agreement (Cummins Inc), Security Agreement (Cummins Inc)

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Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee](3) Guarantee]2 [the Secured Obligations](4)Obligations]3, the Lien Grantor grants to the Collateral Agent for the benefit of the Secured Parties a continuing security interest in all the following property of the Lien Grantor, whether now or owned or existing or hereafter acquired or arising and regardless of where located (the "NEW COLLATERAL"“New Collateral”): If the Lien Grantor is the Company, delete this recital and Section 1 hereof. [describe property being added to the Collateral](5)Collateral]4

Appears in 1 contract

Samples: Security Agreement (CNO Financial Group, Inc.)

Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee](3) [guarantee of]3 the Secured Obligations](4)Obligations, the Lien Grantor grants to the Collateral Agent for the benefit of the Secured Parties a continuing security interest in all the following property of the Lien Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the "NEW COLLATERAL"“New Collateral”): [describe property being added to the Collateral](5)Collateral]4

Appears in 1 contract

Samples: Security and Pledge Agreement (Harbinger Group Inc.)

Grant of Transaction Liens. (a) In Each Lien Grantor, in order to secure [its Secured Guarantee](3) [the Secured Obligations](4)Obligations, the Lien Grantor grants to the Collateral Agent for the equal and ratable benefit of the Secured Parties a continuing security interest in all the following property personal property, including all proceeds, renewals, accretions and substitutions thereof, of the such Lien Grantor, as the case may be, whether now owned or existing or hereafter acquired or arising and regardless of where located (the "NEW COLLATERAL"): [describe property being added to the Collateral](5)located:

Appears in 1 contract

Samples: Canadian Security Agreement (Nortel Networks Corp)

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Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee](3Guarantee](2) [the Secured Obligations](4Obligations (as defined in the Security Agreement)](3), the Lien Grantor grants to the Collateral Agent for the benefit of the Secured Parties a continuing security interest in all the following property of the Lien Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the "NEW COLLATERAL"): [describe property being added to the Collateral](5Collateral](4)

Appears in 1 contract

Samples: Security Agreement (McDermott International Inc)

Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee](3) Guarantee]/3/ [the Secured Obligations](4)Obligations]/4/, the Lien Grantor grants to the Collateral Agent Representative for the benefit of the Secured Parties a continuing security interest in all the following property of the Lien Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the "NEW COLLATERALNew Collateral"): [describe property being added to the Collateral](5)Collateral]/5/

Appears in 1 contract

Samples: Guarantee and Security Agreement (Navisite Inc)

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