{"component": "clause", "props": {"groups": [{"snippet": "The Issuer hereby Grants to the Indenture Trustee at the Closing Date, as trustee for the benefit of the Holders of the Notes, all of the Issuer's right, title and interest in and to whether now existing or hereafter created by (a) the Mortgage Loans and the proceeds thereof, (b) all funds on deposit in the Funding Account, including all income from the investment and reinvestment of funds therein, (c) all funds on deposit from time to time in the Collection Account allocable to the Mortgage Loans excluding any investment income from such funds; (d) all funds on deposit from time to time in the Payment Account and in all proceeds thereof; (e) the Policy and (f) all present and future claims, demands, causes and chooses in action in respect of any or all of the foregoing and all payments on or under, and all proceeds of every kind and nature whatsoever in respect of, any or all of the foregoing and all payments on or under, and all proceeds of every kind and nature whatsoever in the conversion thereof, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, checks, deposit accounts, rights to payment of any and every kind, and other forms of obligations and receivables, instruments and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing (collectively, the \"Trust Estate\" or the \"Collateral\"). The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes, equally and ratably without prejudice, priority or distinction, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture. The Indenture Trustee, as trustee on behalf of the Holders of the Notes, acknowledges such \u2587\u2587\u2587\u2587\u2587, accepts the trust under this Indenture in accordance with the provisions hereof and agrees to perform its duties as Indenture Trustee as required herein.", "samples": [{"hash": "jhjORd8rudv", "uri": "/contracts/jhjORd8rudv#granting-clause", "label": "Indenture (WaMu Asset Acceptance Corp.)", "score": 18.0, "published": true}, {"hash": "hwp7xOWoAEG", "uri": "/contracts/hwp7xOWoAEG#granting-clause", "label": "Indenture (WMC Secured Assets Corp)", "score": 18.0, "published": true}, {"hash": "gM5QDoinRSo", "uri": "/contracts/gM5QDoinRSo#granting-clause", "label": "Indenture (Homestar Mortgage Acceptance Corp)", "score": 18.0, "published": true}], "size": 535, "snippet_links": [{"key": "the-issuer", "type": "definition", "offset": [0, 10]}, {"key": "the-indenture-trustee", "type": "clause", "offset": [28, 49]}, {"key": "at-the-closing-date", "type": "clause", "offset": [50, 69]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [105, 125]}, {"key": "title-and-interest", "type": "clause", "offset": [154, 172]}, {"key": "created-by", "type": "definition", "offset": [217, 227]}, {"key": "the-mortgage-loans", "type": "definition", "offset": [232, 250]}, {"key": "funds-on-deposit", "type": "definition", "offset": [285, 301]}, {"key": "the-funding-account", "type": "clause", "offset": [305, 324]}, {"key": "the-investment", "type": "definition", "offset": [352, 366]}, {"key": "from-time-to-time", "type": "clause", "offset": [427, 444]}, {"key": "the-collection-account", "type": "clause", "offset": [448, 470]}, {"key": "investment-income", "type": "clause", "offset": [517, 534]}, {"key": "the-payment-account", "type": "clause", "offset": [598, 617]}, {"key": "the-policy", "type": "clause", "offset": [651, 661]}, {"key": "future-claims", "type": "clause", "offset": [686, 699]}, {"key": "in-respect-of", "type": "definition", "offset": [739, 752]}, {"key": "the-foregoing", "type": "clause", "offset": [767, 780]}, {"key": "all-payments", "type": "clause", "offset": [785, 797]}, {"key": "the-conversion", "type": "clause", "offset": [993, 1007]}, {"key": "voluntary-or-involuntary", "type": "clause", "offset": [1017, 1041]}, {"key": "cash-proceeds", "type": "definition", "offset": [1083, 1096]}, {"key": "accounts-receivable", "type": "definition", "offset": [1108, 1127]}, {"key": "deposit-accounts", "type": "definition", "offset": [1165, 1181]}, {"key": "rights-to-payment", "type": "definition", "offset": [1183, 1200]}, {"key": "other-forms", "type": "clause", "offset": [1228, 1239]}, {"key": "other-property", "type": "definition", "offset": [1288, 1302]}, {"key": "at-any-time", "type": "clause", "offset": [1309, 1320]}, {"key": "trust-estate", "type": "clause", "offset": [1423, 1435]}, {"key": "in-trust", "type": "definition", "offset": [1487, 1495]}, {"key": "to-secure", "type": "clause", "offset": [1496, 1505]}, {"key": "principal-of", "type": "definition", "offset": [1521, 1533]}, {"key": "interest-on", "type": "clause", "offset": [1538, 1549]}, {"key": "amounts-owing", "type": "definition", "offset": [1565, 1578]}, {"key": "equally-and-ratably", "type": "definition", "offset": [1605, 1624]}, {"key": "without-prejudice", "type": "definition", "offset": [1625, 1642]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [1699, 1721]}, {"key": "on-behalf-of", "type": "definition", "offset": [1802, 1814]}, {"key": "the-trust", "type": "clause", "offset": [1874, 1883]}, {"key": "in-accordance-with", "type": "clause", "offset": [1905, 1923]}, {"key": "agrees-to", "type": "clause", "offset": [1950, 1959]}, {"key": "as-required", "type": "clause", "offset": [2000, 2011]}], "hash": "82a2d7daf3c9631c0a1068779f64eaeb", "id": 1}, {"snippet": "The Issuing Entity hereby Grants to the Indenture Trustee at the Closing Date, as Indenture Trustee for the benefit of the Holders of the Notes, all of the Issuing Entity\u2019s right, title and interest, whether now or hereafter acquired, and wherever located, in and to (a) the Receivables identified on the SSA Assignment (all of which are identified in World Omni\u2019s computer files by a code indicating that such Receivables are owned by the Issuing Entity and pledged to the Indenture Trustee) and all monies received thereon and in respect thereof after the Cutoff Date; (b) the security interests in, and the liens on, the Financed Vehicles granted by Obligors in connection with the Receivables and any other interest of the Issuing Entity in such Financed Vehicles; (c) any proceeds with respect to the Receivables from claims on any physical damage, credit life or disability insurance policies covering Financed Vehicles or Obligors; (d) any Financed Vehicle that shall have secured a Receivable and that shall have been acquired by or on behalf of the Depositor, the Servicer or the Issuing Entity; (e) all right, title and interest in all funds on deposit in, and \u201cfinancial assets\u201d (as such term is defined in the Uniform Commercial Code as from time to time in effect) credited to, the Trust Accounts, including the Reserve Account, from time to time, including the Reserve Account Initial Deposit, and in all investments and proceeds thereof (including all income thereon); (f) the Receivables Purchase Agreement, including the RPA Assignment, and the Sale and Servicing Agreement, including the SSA Assignment (including the Issuing Entity\u2019s right to cause World Omni, the Servicer or the Depositor to repurchase Receivables from the Issuing Entity under certain circumstances described therein); (g) all \u201caccounts,\u201d \u201cchattel paper,\u201d \u201cgeneral intangibles\u201d and \u201cpromissory notes\u201d (as such terms are defined in the UCC) constituting or relating to the foregoing; and (h) all proceeds of any and all of the foregoing and all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under and all proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including all proceeds of the conversion thereof, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, insurance proceeds, condemnation awards, rights to payment of any and every kind and other forms of obligations and receivables, instruments, general intangibles and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing; provided, however, that the foregoing items (a) through (i) shall not include the Notes and Trust Certificates (collectively, the \u201cCollateral\u201d). The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes, equally and ratably without prejudice, priority or distinction, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture. The Indenture Trustee, as Indenture Trustee on behalf of the Holders of the Notes, acknowledges such Grant, accepts the trusts under this Indenture in accordance with the provisions of this Indenture and agrees to perform its duties required in this Indenture in accordance with the provisions of this Indenture.", "samples": [{"hash": "b9cj5vCcHnp", "uri": "/contracts/b9cj5vCcHnp#granting-clause", "label": "Indenture (World Omni Auto Receivables Trust 2025-D)", "score": 36.7864494324, "published": true}, {"hash": "gBe4OH4vnm0", "uri": "/contracts/gBe4OH4vnm0#granting-clause", "label": "Indenture (World Omni Auto Receivables Trust 2025-D)", "score": 36.7700195312, "published": true}, {"hash": "7AlckEXCI2x", "uri": "/contracts/7AlckEXCI2x#granting-clause", "label": "Indenture (World Omni Select Auto Trust 2025-A)", "score": 36.7289543152, "published": true}], "size": 344, "snippet_links": [{"key": "issuing-entity", "type": "definition", "offset": [4, 18]}, {"key": "the-indenture-trustee", "type": "clause", "offset": [36, 57]}, {"key": "at-the-closing-date", "type": "clause", "offset": [58, 77]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [123, 143]}, {"key": "title-and-interest", "type": "clause", "offset": [180, 198]}, {"key": "the-receivables", "type": "clause", "offset": [271, 286]}, {"key": "ssa-assignment", "type": "definition", "offset": [305, 319]}, {"key": "world-omni", "type": "definition", "offset": [352, 362]}, {"key": "computer-files", "type": "clause", "offset": [365, 379]}, {"key": "owned-by", "type": "definition", "offset": [427, 435]}, {"key": "monies-received", "type": "clause", "offset": [501, 516]}, {"key": "cutoff-date", "type": "clause", "offset": [558, 569]}, {"key": "the-security-interests", "type": "definition", "offset": [575, 597]}, {"key": "the-liens", "type": "clause", "offset": [606, 615]}, {"key": "financed-vehicles", "type": "definition", "offset": [624, 641]}, {"key": "by-obligors", "type": "clause", "offset": [650, 661]}, {"key": "in-connection-with", "type": "clause", "offset": [662, 680]}, {"key": "other-interest", "type": "clause", "offset": [705, 719]}, {"key": "with-respect-to", "type": "clause", "offset": [786, 801]}, {"key": "physical-damage", "type": "clause", "offset": [837, 852]}, {"key": "credit-life", "type": "clause", "offset": [854, 865]}, {"key": "disability-insurance-policies", "type": "clause", "offset": [869, 898]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [1035, 1053]}, {"key": "the-depositor", "type": "definition", "offset": [1054, 1067]}, {"key": "the-servicer", "type": "definition", "offset": [1069, 1081]}, {"key": "funds-on-deposit", "type": "definition", "offset": [1146, 1162]}, {"key": "financial-assets", "type": "clause", "offset": [1172, 1188]}, {"key": "uniform-commercial-code", "type": "clause", "offset": [1222, 1245]}, {"key": "from-time-to-time", "type": "clause", "offset": [1249, 1266]}, {"key": "in-effect", "type": "definition", "offset": [1267, 1276]}, {"key": "trust-accounts", "type": "definition", "offset": [1295, 1309]}, {"key": "the-reserve-account", "type": "clause", "offset": [1321, 1340]}, {"key": "reserve-account-initial-deposit", "type": "definition", "offset": [1375, 1406]}, {"key": "receivables-purchase-agreement", "type": "definition", "offset": [1492, 1522]}, {"key": "rpa-assignment", "type": "definition", "offset": [1538, 1552]}, {"key": "sale-and-servicing-agreement", "type": "clause", "offset": [1562, 1590]}, {"key": "right-to", "type": "definition", "offset": [1653, 1661]}, {"key": "certain-circumstances", "type": "clause", "offset": [1766, 1787]}, {"key": "chattel-paper", "type": "clause", "offset": [1829, 1842]}, {"key": "general-intangibles", "type": "definition", "offset": [1846, 1865]}, {"key": "promissory-notes", "type": "definition", "offset": [1872, 1888]}, {"key": "relating-to", "type": "definition", "offset": [1945, 1956]}, {"key": "the-foregoing", "type": "clause", "offset": [1957, 1970]}, {"key": "future-claims", "type": "clause", "offset": [2045, 2058]}, {"key": "causes-of-action", "type": "clause", "offset": [2069, 2085]}, {"key": "choses-in-action", "type": "definition", "offset": [2090, 2106]}, {"key": "in-respect-of", "type": "definition", "offset": [2107, 2120]}, {"key": "all-payments", "type": "clause", "offset": [2153, 2165]}, {"key": "the-conversion", "type": "clause", "offset": [2300, 2314]}, {"key": "voluntary-or-involuntary", "type": "clause", "offset": [2324, 2348]}, {"key": "cash-proceeds", "type": "definition", "offset": [2390, 2403]}, {"key": "accounts-receivable", "type": "definition", "offset": [2415, 2434]}, {"key": "deposit-accounts", "type": "definition", "offset": [2487, 2503]}, {"key": "insurance-proceeds", "type": "definition", "offset": [2505, 2523]}, {"key": "condemnation-awards", "type": "clause", "offset": [2525, 2544]}, {"key": "rights-to-payment", "type": "definition", "offset": [2546, 2563]}, {"key": "other-forms", "type": "clause", "offset": [2590, 2601]}, {"key": "other-property", "type": "definition", "offset": [2671, 2685]}, {"key": "at-any-time", "type": "clause", "offset": [2692, 2703]}, {"key": "trust-certificates", "type": "clause", "offset": [2879, 2897]}, {"key": "in-trust", "type": "definition", "offset": [2960, 2968]}, {"key": "to-secure", "type": "clause", "offset": [2969, 2978]}, {"key": "principal-of", "type": "definition", "offset": [2994, 3006]}, {"key": "interest-on", "type": "clause", "offset": [3011, 3022]}, {"key": "amounts-owing", "type": "definition", "offset": [3038, 3051]}, {"key": "equally-and-ratably", "type": "definition", "offset": [3078, 3097]}, {"key": "without-prejudice", "type": "definition", "offset": [3098, 3115]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [3172, 3194]}, {"key": "the-trusts", "type": "clause", "offset": [3357, 3367]}, {"key": "in-accordance-with", "type": "clause", "offset": [3389, 3407]}, {"key": "agrees-to", "type": "clause", "offset": [3445, 3454]}], "hash": "e2e49e51c201a54d860ca0892cd60e0f", "id": 2}, {"snippet": "The Issuer hereby Grants, transfers, assigns and otherwise conveys to the Indenture Trustee on the Closing Date, on behalf of and for the benefit of the Holders of the Notes, without recourse, all of the Issuer\u2019s right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under: (i) the Contracts secured by the Motorcycles (which Contracts shall be listed in the List of Contracts); (ii) all payments of principal and interest under the Contracts received after the Cutoff Date and all other proceeds received on or in respect of such Contracts (other than payments of principal and interest received on or prior to the Cutoff Date); (iii) security interests in the Motorcycles; (iv) all amounts on deposit in the Collection Account, the Note Distribution Account and the Reserve Fund, including all Eligible Investments therein and all income from the investment of funds therein and all proceeds therefrom; (v) proceeds from claims under any theft, physical damage, credit life, disability or other individual insurance policies, protection products, debt insurance policies or debt cancellation agreements in respect of individual Motorcycles or obligors under the Contracts; (vi) the Sale and Servicing Agreement and the Transfer and Sale Agreement; (vii) the protective security interest in certain of the above-described property granted by the Trust Depositor in favor of the Issuer; (viii) rebates of premiums and other amounts, if any, relating to insurance policies, debt cancellation agreements, extended service contracts or other repair agreements and other items financed under such Contracts; (ix) all present and future claims, demands, causes of and choses in action in respect of any or all of the foregoing; and (x) all payments on or under and all proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including all proceeds of the conversion, voluntary or involuntary, into cash of other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, insurance proceeds, condemnation awards, rights to payment of any and every kind and other forms of obligations and receivables, instruments and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing (as each such defined term is defined in Section 1.01) (collectively, the \u201cCollateral\u201d). The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes, equally and ratably without prejudice, priority or distinction, except as expressly provided herein with respect to distinctions among Classes of Notes and all other sums owing by the Issuer hereunder or under any other Transaction Document, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture. The Indenture Trustee on behalf of the Holders of the Notes, acknowledges such Grant, accepts the trust under this Indenture in accordance with the provisions of this Indenture and agrees to perform its duties required under this Indenture in accordance with its terms and the terms of the other Transaction Documents to which it is a party.", "samples": [{"hash": "1OCkLmrxrGo", "uri": "/contracts/1OCkLmrxrGo#granting-clause", "label": "Indenture (Harley-Davidson Motorcycle Trust 2023-B)", "score": 34.7385368347, "published": true}, {"hash": "fKk3PSiEb2Q", "uri": "/contracts/fKk3PSiEb2Q#granting-clause", "label": "Indenture (Harley-Davidson Motorcycle Trust 2023-B)", "score": 34.7193717957, "published": true}, {"hash": "ji8PEJ8U1AK", "uri": "/contracts/ji8PEJ8U1AK#granting-clause", "label": "Indenture (Harley-Davidson Motorcycle Trust 2023-A)", "score": 34.1471595764, "published": true}], "size": 102, "snippet_links": [{"key": "the-indenture-trustee", "type": "clause", "offset": [70, 91]}, {"key": "the-closing-date", "type": "clause", "offset": [95, 111]}, {"key": "on-behalf-of", "type": "definition", "offset": [113, 125]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [153, 173]}, {"key": "without-recourse", "type": "clause", "offset": [175, 191]}, {"key": "title-and-interest", "type": "clause", "offset": [220, 238]}, {"key": "insurance-premium", "type": "definition", "offset": [300, 317]}, {"key": "the-contracts", "type": "clause", "offset": [366, 379]}, {"key": "list-of-contracts", "type": "clause", "offset": [447, 464]}, {"key": "payments-of-principal-and-interest", "type": "clause", "offset": [476, 510]}, {"key": "cutoff-date", "type": "clause", "offset": [550, 561]}, {"key": "other-proceeds", "type": "definition", "offset": [570, 584]}, {"key": "received-on", "type": "clause", "offset": [585, 596]}, {"key": "in-respect-of", "type": "definition", "offset": [600, 613]}, {"key": "prior-to-the", "type": "clause", "offset": [691, 703]}, {"key": "security-interests", "type": "clause", "offset": [724, 742]}, {"key": "on-deposit", "type": "definition", "offset": [780, 790]}, {"key": "the-collection-account", "type": "clause", "offset": [794, 816]}, {"key": "note-distribution-account", "type": "clause", "offset": [822, 847]}, {"key": "the-reserve-fund", "type": "clause", "offset": [852, 868]}, {"key": "eligible-investments", "type": "definition", "offset": [884, 904]}, {"key": "investment-of-funds", "type": "clause", "offset": [937, 956]}, {"key": "claims-under", "type": "clause", "offset": [1011, 1023]}, {"key": "physical-damage", "type": "clause", "offset": [1035, 1050]}, {"key": "credit-life", "type": "clause", "offset": [1052, 1063]}, {"key": "insurance-policies", "type": "definition", "offset": [1096, 1114]}, {"key": "protection-products", "type": "clause", "offset": [1116, 1135]}, {"key": "cancellation-agreements", "type": "definition", "offset": [1169, 1192]}, {"key": "sale-and-servicing-agreement", "type": "clause", "offset": [1272, 1300]}, {"key": "transfer-and-sale-agreement", "type": "definition", "offset": [1309, 1336]}, {"key": "protective-security", "type": "clause", "offset": [1348, 1367]}, {"key": "certain-of-the", "type": "clause", "offset": [1380, 1394]}, {"key": "trust-depositor", "type": "definition", "offset": [1435, 1450]}, {"key": "in-favor-of", "type": "definition", "offset": [1451, 1462]}, {"key": "other-amounts", "type": "definition", "offset": [1506, 1519]}, {"key": "relating-to", "type": "definition", "offset": [1529, 1540]}, {"key": "extended-service-contracts", "type": "clause", "offset": [1591, 1617]}, {"key": "other-items", "type": "clause", "offset": [1649, 1660]}, {"key": "future-claims", "type": "clause", "offset": [1713, 1726]}, {"key": "choses-in-action", "type": "definition", "offset": [1751, 1767]}, {"key": "the-foregoing", "type": "clause", "offset": [1796, 1809]}, {"key": "the-conversion", "type": "clause", "offset": [1966, 1980]}, {"key": "voluntary-or-involuntary", "type": "clause", "offset": [1982, 2006]}, {"key": "cash-proceeds", "type": "definition", "offset": [2048, 2061]}, {"key": "accounts-receivable", "type": "definition", "offset": [2073, 2092]}, {"key": "chattel-paper", "type": "clause", "offset": [2122, 2135]}, {"key": "deposit-accounts", "type": "definition", "offset": [2145, 2161]}, {"key": "insurance-proceeds", "type": "definition", "offset": [2163, 2181]}, {"key": "condemnation-awards", "type": "clause", "offset": [2183, 2202]}, {"key": "rights-to-payment", "type": "definition", "offset": [2204, 2221]}, {"key": "other-forms", "type": "clause", "offset": [2248, 2259]}, {"key": "other-property", "type": "definition", "offset": [2308, 2322]}, {"key": "at-any-time", "type": "clause", "offset": [2329, 2340]}, {"key": "defined-term", "type": "clause", "offset": [2437, 2449]}, {"key": "defined-in-section", "type": "clause", "offset": [2453, 2471]}, {"key": "in-trust", "type": "definition", "offset": [2540, 2548]}, {"key": "to-secure", "type": "clause", "offset": [2549, 2558]}, {"key": "principal-of", "type": "definition", "offset": [2574, 2586]}, {"key": "interest-on", "type": "clause", "offset": [2591, 2602]}, {"key": "amounts-owing", "type": "definition", "offset": [2618, 2631]}, {"key": "equally-and-ratably", "type": "definition", "offset": [2658, 2677]}, {"key": "without-prejudice", "type": "definition", "offset": [2678, 2695]}, {"key": "except-as-expressly-provided", "type": "clause", "offset": [2722, 2750]}, {"key": "with-respect-to", "type": "clause", "offset": [2758, 2773]}, {"key": "other-sums", "type": "clause", "offset": [2818, 2828]}, {"key": "by-the-issuer", "type": "clause", "offset": [2835, 2848]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [2930, 2952]}, {"key": "in-accordance-with", "type": "clause", "offset": [3124, 3142]}, {"key": "agrees-to", "type": "clause", "offset": [3180, 3189]}, {"key": "terms-and", "type": "clause", "offset": [3262, 3271]}, {"key": "terms-of-the", "type": "clause", "offset": [3276, 3288]}, {"key": "other-transaction-documents", "type": "definition", "offset": [3289, 3316]}, {"key": "a-party", "type": "clause", "offset": [3332, 3339]}], "hash": "61951615879e1c00c2e65ada6da167ae", "id": 5}, {"snippet": "The Issuer Grants to the Indenture Trustee at the Closing Date, as Indenture Trustee for the benefit of the Secured Parties, all the Issuer's right, title and interest in, to and under, whether now owned or later acquired, the Collateral. This Grant is made in trust to secure (a) the payment of principal of, interest on and other amounts owing on the Notes as stated in this Indenture and (b) compliance by the Issuer with this Indenture for the benefit of the Secured Parties. The Titling Companies jointly and severally Grant to the Indenture Trustee at the Closing Date, as Indenture Trustee for the benefit of the Secured Parties, all the Titling Companies' right, title and interest in, to and under, whether now owned or existing or later acquired in, the Exchange Note Collection Account and the Reserve Account. This Grant is made in trust to secure (a) the payment of principal of, interest on and other amounts owing on, the 20__-__ Exchange Note as stated in the Exchange Note Supplement and (b) compliance by the Titling Companies with the Exchange Note Supplement for the benefit of the Secured Parties. The Indenture Trustee acknowledges these Grants, accepts the trusts under this Indenture according to this Indenture and agrees to perform the obligations stated in this Indenture and the Exchange Note Supplement so that the interests of the Secured Parties may be adequately and effectively protected.", "samples": [{"hash": "jifoOqwHIqG", "uri": "/contracts/jifoOqwHIqG#granting-clause", "label": "Indenture (CAB East LLC)", "score": 36.5236129761, "published": true}, {"hash": "gTfwOMvllDs", "uri": "/contracts/gTfwOMvllDs#granting-clause", "label": "Indenture (CAB East LLC)", "score": 36.3702926636, "published": true}, {"hash": "lTnY7EU2MHa", "uri": "/contracts/lTnY7EU2MHa#granting-clause", "label": "Indenture (CAB East LLC)", "score": 33.4325790405, "published": true}], "size": 47, "snippet_links": [{"key": "the-indenture-trustee", "type": "clause", "offset": [21, 42]}, {"key": "at-the-closing-date", "type": "clause", "offset": [43, 62]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [93, 123]}, {"key": "title-and-interest", "type": "clause", "offset": [149, 167]}, {"key": "the-collateral", "type": "clause", "offset": [223, 237]}, {"key": "this-grant", "type": "clause", "offset": [239, 249]}, {"key": "in-trust", "type": "definition", "offset": [258, 266]}, {"key": "to-secure", "type": "clause", "offset": [267, 276]}, {"key": "principal-of", "type": "definition", "offset": [296, 308]}, {"key": "interest-on", "type": "clause", "offset": [310, 321]}, {"key": "amounts-owing", "type": "definition", "offset": [332, 345]}, {"key": "the-notes", "type": "clause", "offset": [349, 358]}, {"key": "by-the-issuer", "type": "clause", "offset": [406, 419]}, {"key": "titling-companies", "type": "clause", "offset": [484, 501]}, {"key": "jointly-and-severally", "type": "clause", "offset": [502, 523]}, {"key": "exchange-note-collection-account", "type": "definition", "offset": [764, 796]}, {"key": "the-reserve-account", "type": "clause", "offset": [801, 820]}, {"key": "exchange-note-supplement", "type": "clause", "offset": [976, 1000]}, {"key": "the-trusts", "type": "clause", "offset": [1176, 1186]}, {"key": "according-to", "type": "definition", "offset": [1208, 1220]}, {"key": "agrees-to", "type": "clause", "offset": [1240, 1249]}, {"key": "the-obligations", "type": "clause", "offset": [1258, 1273]}, {"key": "the-interests", "type": "clause", "offset": [1340, 1353]}], "hash": "9ed46a697063b5da2668ece43010abc1", "id": 7}, {"snippet": "The Issuer Grants to the Indenture Trustee at the Closing Date, as Indenture Trustee for the benefit of the Secured Parties, all the Issuer\u2019s right, title and interest in, to and under, whether now owned or later acquired, the Collateral. This Grant is made in trust to secure (a) the payment of principal of, interest on and other amounts owing on the Notes as stated in this Indenture and (b) compliance by the Issuer with this Indenture for the benefit of the Secured Parties. The Indenture Trustee acknowledges the Grant, accepts the trusts under this Indenture according to this Indenture and agrees to perform the obligations stated in this Indenture so that the interests of the Secured Parties may be adequately and effectively protected.", "samples": [{"hash": "bvH46bIu9Ca", "uri": "/contracts/bvH46bIu9Ca#granting-clause", "label": "Indenture (Ford Credit Auto Owner Trust 2023-B)", "score": 34.4866523743, "published": true}, {"hash": "gvWZIRbpEu6", "uri": "/contracts/gvWZIRbpEu6#granting-clause", "label": "Indenture (Ford Credit Auto Owner Trust 2023-B)", "score": 34.4729652405, "published": true}, {"hash": "8U4wHT5R7KN", "uri": "/contracts/8U4wHT5R7KN#granting-clause", "label": "Indenture (Ford Credit Auto Owner Trust 2022-A)", "score": 33.0657081604, "published": true}], "size": 123, "snippet_links": [{"key": "the-indenture-trustee", "type": "clause", "offset": [21, 42]}, {"key": "at-the-closing-date", "type": "clause", "offset": [43, 62]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [93, 123]}, {"key": "title-and-interest", "type": "clause", "offset": [149, 167]}, {"key": "the-collateral", "type": "clause", "offset": [223, 237]}, {"key": "this-grant", "type": "clause", "offset": [239, 249]}, {"key": "in-trust", "type": "definition", "offset": [258, 266]}, {"key": "to-secure", "type": "clause", "offset": [267, 276]}, {"key": "principal-of", "type": "definition", "offset": [296, 308]}, {"key": "interest-on", "type": "clause", "offset": [310, 321]}, {"key": "amounts-owing", "type": "definition", "offset": [332, 345]}, {"key": "the-notes", "type": "clause", "offset": [349, 358]}, {"key": "by-the-issuer", "type": "clause", "offset": [406, 419]}, {"key": "the-grant", "type": "clause", "offset": [515, 524]}, {"key": "the-trusts", "type": "clause", "offset": [534, 544]}, {"key": "according-to", "type": "definition", "offset": [566, 578]}, {"key": "agrees-to", "type": "clause", "offset": [598, 607]}, {"key": "the-obligations", "type": "clause", "offset": [616, 631]}, {"key": "the-interests", "type": "clause", "offset": [665, 678]}], "hash": "38ee4f5f00fcfe92988c76350d23fbc5", "id": 3}, {"snippet": "The Issuer, as security for the Issuer\u2019s obligations under the Notes and this Indenture, hereby Grants to the Indenture Trustee at the Closing Date, for the benefit of the Noteholders, a security interest in all of the Issuer\u2019s right, title and interest in, to and under the following, whether now existing or hereafter arising or acquired (collectively, without duplication, the \u201cCollateral\u201d):", "samples": [{"hash": "i8Sd5JojOLB", "uri": "/contracts/i8Sd5JojOLB#granting-clause", "label": "Indenture (GE TF Trust)", "score": 24.1718006134, "published": true}, {"hash": "2gTeyZ2EeWP", "uri": "/contracts/2gTeyZ2EeWP#granting-clause", "label": "Indenture (GE TF Trust)", "score": 24.1526355743, "published": true}, {"hash": "jGqbPsOw4Vw", "uri": "/contracts/jGqbPsOw4Vw#granting-clause", "label": "Indenture (GE TF Trust)", "score": 23.7118415833, "published": true}], "size": 28, "snippet_links": [{"key": "the-issuer", "type": "definition", "offset": [0, 10]}, {"key": "the-notes", "type": "clause", "offset": [59, 68]}, {"key": "the-indenture-trustee", "type": "clause", "offset": [106, 127]}, {"key": "at-the-closing-date", "type": "clause", "offset": [128, 147]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [149, 167]}, {"key": "the-noteholders", "type": "clause", "offset": [168, 183]}, {"key": "security-interest", "type": "definition", "offset": [187, 204]}, {"key": "title-and-interest", "type": "clause", "offset": [235, 253]}, {"key": "without-duplication", "type": "clause", "offset": [355, 374]}], "hash": "3a81e93d3f2809e485c6e37b15ded405", "id": 10}, {"snippet": "With respect to the Recovery Bonds, the Issuer hereby Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Secured Parties of the Recovery Bonds, a Lien on and a security interest in and to all of the Issuer\u2019s right, title and interest (whether now owned or hereafter acquired or arising) in, to and under all of the following property (such property, collectively, the \u201cRecovery Bond Collateral\u201d):", "samples": [{"hash": "c5bVgOm8N7K", "uri": "/contracts/c5bVgOm8N7K#granting-clause", "label": "Series Supplement (SCE Recovery Funding LLC)", "score": 36.9151268005, "published": true}, {"hash": "bWFpHJY2v6X", "uri": "/contracts/bWFpHJY2v6X#granting-clause", "label": "Indenture (SCE Recovery Funding LLC)", "score": 36.9151268005, "published": true}, {"hash": "hLVpeeghEF7", "uri": "/contracts/hLVpeeghEF7#granting-clause", "label": "Indenture (SCE Recovery Funding LLC)", "score": 36.8959617615, "published": true}], "size": 50, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "the-recovery-bonds", "type": "clause", "offset": [16, 34]}, {"key": "the-issuer", "type": "definition", "offset": [36, 46]}, {"key": "the-indenture-trustee", "type": "clause", "offset": [64, 85]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [116, 146]}, {"key": "security-interest", "type": "definition", "offset": [186, 203]}, {"key": "title-and-interest", "type": "clause", "offset": [241, 259]}, {"key": "recovery-bond-collateral", "type": "definition", "offset": [395, 419]}], "hash": "461dcf81da232659e740e6247eb6de6c", "id": 6}, {"snippet": "In consideration of the obligation of Tenant to pay rent as herein provided and in consideration of the other terms, covenants, and conditions hereof, Landlord leases to Tenant, and Tenant takes from Landlord, the Premises, to have and to hold for the Lease Term, subject to the terms, covenants and conditions of this Lease.", "samples": [{"hash": "j3oJrDePDlV", "uri": "/contracts/j3oJrDePDlV#granting-clause", "label": "Lease Agreement (Supernova Partners Acquisition Co II, Ltd.)", "score": 32.9671440125, "published": true}, {"hash": "44A4XUMOe2B", "uri": "/contracts/44A4XUMOe2B#granting-clause", "label": "Sublease (Atlas Crest Investment Corp.)", "score": 32.6057510376, "published": true}, {"hash": "3R7Hsqy5do0", "uri": "/contracts/3R7Hsqy5do0#granting-clause", "label": "Lease Agreement (TheRealReal, Inc.)", "score": 31.8583164215, "published": true}], "size": 102, "snippet_links": [{"key": "to-pay-rent", "type": "clause", "offset": [45, 56]}, {"key": "other-terms", "type": "clause", "offset": [104, 115]}, {"key": "landlord-leases", "type": "definition", "offset": [151, 166]}, {"key": "to-tenant", "type": "definition", "offset": [167, 176]}, {"key": "from-landlord", "type": "clause", "offset": [195, 208]}, {"key": "the-premises", "type": "clause", "offset": [210, 222]}, {"key": "to-have-and-to-hold-for", "type": "clause", "offset": [224, 247]}, {"key": "the-lease-term", "type": "definition", "offset": [248, 262]}, {"key": "subject-to-the-terms", "type": "clause", "offset": [264, 284]}, {"key": "conditions-of-this", "type": "clause", "offset": [300, 318]}], "hash": "3536103721a1e3a45c87aa9f1b3f124a", "id": 4}, {"snippet": "In consideration of the provisions of this CDBG Deed of Trust and of the sum of TEN DOLLARS ($10.00) cash in hand paid and other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged by the Grantor, Grantor does hereby GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN and SET OVER to Trustee, with GENERAL WARRANTY, all of Grantor\u2019s interest, if any, in the following:\n(a) that certain parcel of land described in Exhibit A which is attached hereto and incorporated herein by reference (the \"Land\") together with: (i) any and all buildings, structures, improvements, alterations or appurtenances now or hereafter situated or to be situated on the Land (collectively, the \"Improvements\"); and (ii) all right, title and interest of Grantor, now owned or hereafter acquired, in and to (1) all streets, roads, alleys, easements, rights-of-way, licenses, rights of ingress and egress, vehicle parking rights and public places, existing or proposed, abutting, adjacent, used in connection with or pertaining to the Land or the Improvements; (2) any strips or gores between the Land and abutting or adjacent properties; (3) all options to purchase or lease the Land or the Improvements or any portion thereof or interest therein, and any greater estate in the Land or the Improvements; and (4) all water and water rights, timber, crops and mineral interests on or pertaining to the Land (the Land, Improvements and other rights, titles and interests referred to in this clause (a) being herein sometimes collectively called the \"Premises\");\n(b) all fixtures, equipment, systems, machinery, furniture, furnishings, appliances, inventory, goods, building and construction materials, supplies, and articles of personal property, of every kind and character, tangible and intangible (including software embedded therein), now owned or hereafter acquired by Grantor, which are now or hereafter attached to or situated in, on or about the Land or the Improvements, or used in or necessary to the complete and proper planning, development, use, occupancy or operation thereof, or acquired (whether delivered to the Land or stored elsewhere) for use or installation in or on the Land or the Improvements, and all renewals and replacements of, substitutions for and additions to the foregoing (the properties referred to in this clause (b) being herein sometimes collectively called the \"Accessories,\" all of which are hereby declared to be permanent accessions to the Land);\n(c) all (i) plans and specifications for the Improvements; (ii) Grantor's rights, but not liability for any breach by Grantor, under all commitments (including any commitments for financing to pay any of the Secured Indebtedness, as defined below), insurance policies (or additional or supplemental coverage related thereto, including from an insurance provider meeting the requirements of the Loan Documents or from or through any state or federal government sponsored program or entity), contracts and agreements for the design, construction, operation or inspection of the Improvements and other contracts and general intangibles (including but not limited to payment intangibles, trademarks, trade names, goodwill, software and symbols) related to the Premises or the Accessories or the operation thereof; (iii) deposits and deposit accounts arising from or related to any transactions related to the Premises or the Accessories (including but not limited to Grantor's rights in tenants' security deposits, deposits with respect to utility services to the Premises, and any deposits, deposit accounts or reserves hereunder or under any other Loan Documents (hereinafter defined) for taxes, insurance or otherwise), rebates or refunds of impact fees or other taxes, assessments or charges, money, accounts (including deposit accounts), instruments, documents, promissory notes and chattel paper (whether tangible or electronic) arising from or by virtue of any transactions related to the Premises or the Accessories, and any account or deposit account from which Grantor may from time to time authorize Holder (as hereinafter defined) to debit and/or credit payments due with respect to the Loan; (iv) permits, licenses, franchises, certificates, development rights, commitments and rights for utilities, and other rights and privileges obtained in connection with the Premises or the Accessories; (v) leases, rents, royalties, bonuses, issues, profits, revenues and other benefits of the Premises and the Accessories (without derogation of Article 3 hereof); (vi) as- extracted collateral produced from or allocated to the Land including, without limitation, oil, gas and other hydrocarbons and other minerals and all products processed or obtained therefrom, and the proceeds thereof; and (vii) engineering, accounting, title, legal, and other technical or business data concerning the Property which are in the possession of Grantor or in which Grantor can otherwise grant a security interest; and\n(d) all (i) accounts and proceeds (cash or non-cash and including payment intangibles) of or arising from the properties, rights, titles and interests referred to above in this Section 1.3, including but not limited to proceeds of any sale, lease or other disposition thereof, proceeds of each policy of insurance (or additional or supplemental coverage related thereto, including from an insurance provider meeting the requirements of the Loan Documents or from or through any state or federal government sponsored program or entity) relating thereto (including premium refunds), proceeds of the taking thereof or of any rights appurtenant thereto, including change of grade of streets, curb cuts or other rights of access, by condemnation, eminent domain or transfer in lieu thereof for public or quasi-public use under any law, and proceeds arising out of any damage thereto; (ii) all letter-of-credit rights (whether or not the letter of credit is evidenced by a writing) Grantor now has or hereafter acquires relating to the properties, rights, titles and interests referred to in this Section 1.3; (iii) all commercial tort claims Grantor now has or hereafter acquires relating to the properties, rights, titles and interests referred to in this Section 1.3; and (iv) other interests of every kind and character which Grantor now has or hereafter acquires in, to or for the benefit of the properties, rights,", "samples": [{"hash": "kNKiy6lHole", "uri": "/contracts/kNKiy6lHole#granting-clause", "label": "Community Development Block Grant Loan Agreement", "score": 29.8854942322, "published": true}], "size": 33, "snippet_links": [{"key": "the-provisions-of-this", "type": "clause", "offset": [20, 42]}, {"key": "deed-of-trust", "type": "clause", "offset": [48, 61]}, {"key": "sum-of", "type": "clause", "offset": [73, 79]}, {"key": "cash-in-hand", "type": "definition", "offset": [101, 113]}, {"key": "good-and-valuable-consideration", "type": "clause", "offset": [129, 160]}, {"key": "by-the-grantor", "type": "clause", "offset": [222, 236]}, {"key": "general-warranty", "type": "definition", "offset": [335, 351]}, {"key": "parcel-of-land", "type": "definition", "offset": [423, 437]}, {"key": "exhibit-a", "type": "definition", "offset": [451, 460]}, {"key": "incorporated-herein-by-reference", "type": "clause", "offset": [490, 522]}, {"key": "the-land", "type": "clause", "offset": [680, 688]}, {"key": "title-and-interest", "type": "clause", "offset": [745, 763]}, {"key": "rights-of-ingress-and-egress", "type": "clause", "offset": [887, 915]}, {"key": "parking-rights", "type": "definition", "offset": [925, 939]}, {"key": "public-places", "type": "definition", "offset": [944, 957]}, {"key": "in-connection-with", "type": "clause", "offset": [1006, 1024]}, {"key": "pertaining-to", "type": "definition", "offset": [1028, 1041]}, {"key": "the-improvements", "type": "clause", "offset": [1054, 1070]}, {"key": "adjacent-properties", "type": "definition", "offset": [1129, 1148]}, {"key": "options-to-purchase", "type": "definition", "offset": [1158, 1177]}, {"key": "greater-estate", "type": "clause", "offset": [1268, 1282]}, {"key": "water-rights", "type": "clause", "offset": [1338, 1350]}, {"key": "mineral-interests", "type": "definition", "offset": [1370, 1387]}, {"key": "titles-and", "type": "clause", "offset": [1459, 1469]}, {"key": "in-this-clause", "type": "clause", "offset": [1492, 1506]}, {"key": "building-and-construction-materials", "type": "definition", "offset": [1674, 1709]}, {"key": "personal-property", "type": "definition", "offset": [1737, 1754]}, {"key": "by-grantor", "type": "clause", "offset": [1880, 1890]}, {"key": "renewals-and-replacements", "type": "clause", "offset": [2235, 2260]}, {"key": "the-foregoing", "type": "clause", "offset": [2300, 2313]}, {"key": "the-properties", "type": "clause", "offset": [2315, 2329]}, {"key": "plans-and-specifications", "type": "definition", "offset": [2509, 2533]}, {"key": "liability-for", "type": "clause", "offset": [2587, 2600]}, {"key": "breach-by", "type": "clause", "offset": [2605, 2614]}, {"key": "to-pay", "type": "clause", "offset": [2687, 2693]}, {"key": "secured-indebtedness", "type": "clause", "offset": [2705, 2725]}, {"key": "insurance-policies", "type": "definition", "offset": [2746, 2764]}, {"key": "supplemental-coverage", "type": "definition", "offset": [2783, 2804]}, {"key": "insurance-provider", "type": "definition", "offset": [2840, 2858]}, {"key": "the-loan-documents", "type": "clause", "offset": [2887, 2905]}, {"key": "any-state", "type": "definition", "offset": [2925, 2934]}, {"key": "federal-government", "type": "definition", "offset": [2938, 2956]}, {"key": "sponsored-program", "type": "definition", "offset": [2957, 2974]}, {"key": "the-design", "type": "clause", "offset": [3016, 3026]}, {"key": "inspection-of", "type": "clause", "offset": [3055, 3068]}, {"key": "other-contracts", "type": "definition", "offset": [3090, 3105]}, {"key": "general-intangibles", "type": "definition", "offset": [3110, 3129]}, {"key": "not-limited", "type": "clause", "offset": [3145, 3156]}, {"key": "payment-intangibles", "type": "clause", "offset": [3160, 3179]}, {"key": "trade-names", "type": "clause", "offset": [3193, 3204]}, {"key": "related-to", "type": "clause", "offset": [3238, 3248]}, {"key": "the-accessories", "type": "clause", "offset": [3265, 3280]}, {"key": "the-operation", "type": "clause", "offset": [3284, 3297]}, {"key": "deposit-accounts", "type": "definition", "offset": [3326, 3342]}, {"key": "security-deposits", "type": "definition", "offset": [3489, 3506]}, {"key": "with-respect-to", "type": "clause", "offset": [3517, 3532]}, {"key": "services-to-the-premises", "type": "clause", "offset": [3541, 3565]}, {"key": "other-loan-documents", "type": "definition", "offset": [3637, 3657]}, {"key": "impact-fees", "type": "definition", "offset": [3738, 3749]}, {"key": "other-taxes", "type": "definition", "offset": [3753, 3764]}, {"key": "promissory-notes", "type": "definition", "offset": [3860, 3876]}, {"key": "chattel-paper", "type": "clause", "offset": [3881, 3894]}, {"key": "from-time-to-time", "type": "clause", "offset": [4076, 4093]}, {"key": "payments-due", "type": "clause", "offset": [4159, 4171]}, {"key": "development-rights", "type": "definition", "offset": [4248, 4266]}, {"key": "and-rights", "type": "clause", "offset": [4280, 4290]}, {"key": "other-rights-and-privileges", "type": "clause", "offset": [4310, 4337]}, {"key": "benefits-of", "type": "clause", "offset": [4474, 4485]}, {"key": "article-3", "type": "clause", "offset": [4542, 4551]}, {"key": "extracted-collateral", "type": "clause", "offset": [4570, 4590]}, {"key": "allocated-to", "type": "definition", "offset": [4608, 4620]}, {"key": "without-limitation", "type": "clause", "offset": [4641, 4659]}, {"key": "other-minerals", "type": "definition", "offset": [4697, 4711]}, {"key": "all-products", "type": "clause", "offset": [4716, 4728]}, {"key": "business-data", "type": "definition", "offset": [4860, 4873]}, {"key": "the-property", "type": "clause", "offset": [4885, 4897]}, {"key": "possession-of", "type": "clause", "offset": [4915, 4928]}, {"key": "security-interest", "type": "definition", "offset": [4979, 4996]}, {"key": "section-13", "type": "clause", "offset": [5179, 5190]}, {"key": "other-disposition", "type": "definition", "offset": [5252, 5269]}, {"key": "policy-of-insurance", "type": "clause", "offset": [5296, 5315]}, {"key": "premium-refunds", "type": "clause", "offset": [5565, 5580]}, {"key": "rights-appurtenant", "type": "clause", "offset": [5624, 5642]}, {"key": "change-of-grade", "type": "clause", "offset": [5662, 5677]}, {"key": "curb-cuts", "type": "clause", "offset": [5690, 5699]}, {"key": "rights-of-access", "type": "clause", "offset": [5709, 5725]}, {"key": "eminent-domain", "type": "definition", "offset": [5744, 5758]}, {"key": "in-lieu", "type": "clause", "offset": [5771, 5778]}, {"key": "for-public", "type": "definition", "offset": [5787, 5797]}, {"key": "public-use", "type": "definition", "offset": [5807, 5817]}, {"key": "arising-out-of", "type": "definition", "offset": [5846, 5860]}, {"key": "credit-rights", "type": "definition", "offset": [5900, 5913]}, {"key": "the-letter-of-credit", "type": "clause", "offset": [5930, 5950]}, {"key": "relating-to", "type": "definition", "offset": [6016, 6027]}, {"key": "commercial-tort-claims", "type": "definition", "offset": [6116, 6138]}, {"key": "other-interests", "type": "clause", "offset": [6276, 6291]}, {"key": "to-or-for-the-benefit-of", "type": "definition", "offset": [6368, 6392]}], "hash": "328aefb84a3a292069b3c41409bd7259", "id": 9}, {"snippet": "To secure the payment of all sums of money from time to time owing to the Lenders under the Finance Documents, and the performance of the covenants of the Borrowers and any other Security Party herein and therein contained, and in consideration of the premises and of the covenants herein contained and of the extensions of credit by the Lenders, the Security Trustee does hereby declare that it will hold as such trustee in trust for the benefit of the Lenders and the Agent, from and after the execution and delivery thereof, all of its right, title and interest as mortgagee in, to and under the Mortgages and its right, title and interest as assignee and secured party under the other Finance Documents (the right, title and interest of the Security Trustee in and to the property, rights and privileges described above, from and after the execution and delivery thereof, and all property hereafter specifically subjected to the Security Interest of the indenture created hereby and by the Finance Documents by any amendment hereto or thereto are herein collectively called the \u201cEstate\u201d); TO HAVE AND TO HOLD the Estate unto the Security Trustee and its successors and assigns forever, BUT IN TRUST, NEVERTHELESS, for the equal and proportionate benefit and security of the Lenders, the Agent and their respective successors and assigns without any priority of any one over any other, UPON THE CONDITION that, unless and until an Event of Default under this Agreement shall have occurred and be continuing, the relevant Borrower shall be permitted, to the exclusion of the Security Trustee, to possess and use the Ships. IT IS HEREBY COVENANTED, DECLARED AND AGREED that all property subject or to become subject hereto is to be held, subject to the further covenants, conditions, uses and trusts hereinafter set forth, and each Security Party, for itself and its respective successors and assigns, hereby covenants and agrees to and with the Security Trustee and its successors in said trust, for the equal and proportionate benefit and security of the Lenders and the Agent as hereinafter set forth.", "samples": [{"hash": "lwvF4biiwln", "uri": "/contracts/lwvF4biiwln#granting-clause", "label": "Loan Agreement (Pangaea Logistics Solutions Ltd.)", "score": 24.861738205, "published": true}, {"hash": "jfoCDRYr1We", "uri": "/contracts/jfoCDRYr1We#granting-clause", "label": "Loan Agreement (Pangaea Logistics Solutions Ltd.)", "score": 24.3661880493, "published": true}, {"hash": "17JELtyOCPy", "uri": "/contracts/17JELtyOCPy#granting-clause", "label": "Loan Agreement (Pangaea Logistics Solutions Ltd.)", "score": 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2472, "parents": [["miscellaneous", "Miscellaneous"], ["series-specific-collateral", "Series Specific Collateral"], ["pledge-and-grant-of-security-interest", "Pledge and Grant of Security Interest"], ["grant-of-security-interest", "Grant of Security Interest"], ["collateral", "Collateral"]], "children": [["definitions", "Definitions"], ["security-interest-to-mortgagee", "Security Interest to Mortgagee"], ["grant-to-mortgagee", "Grant to Mortgagee"], ["", ""], ["lease-of-the-project", "Lease of the Project"]], "id": "granting-clause", "related": [["granting-clauses", "GRANTING CLAUSES", "<strong>GRANTING CLAUSES</strong>"], ["saving-clause", "Saving Clause", "Saving Clause"], ["enabling-clause", "ENABLING CLAUSE", "ENABLING CLAUSE"], ["notwithstanding-clause", "Notwithstanding Clause", "Notwithstanding Clause"], ["surviving-clauses", "Surviving Clauses", "Surviving Clauses"]], "related_snippets": [], "updated": "2026-04-18T05:49:41+00:00", "also_ask": ["What are the essential elements that must be included in a granting clause to ensure clear transfer of rights?", "How can the scope of the granting clause be strategically limited or expanded during negotiations?", "What are the most common legal pitfalls or ambiguities in granting clauses that could undermine enforceability?", "How do courts typically interpret vague or overly broad granting clauses in disputes?", "How does this granting clause compare to industry-standard formulations in similar agreements?"], "drafting_tip": "Clearly specify the rights granted to prevent ambiguity; define any limitations or exclusions to avoid unintended scope; use precise language to ensure enforceability.", "explanation": "The granting clause is a provision in a contract that formally transfers specific rights, interests, or property from one party to another. In practice, this clause clearly identifies what is being granted\u2014such as a leasehold interest in real estate, a license to use intellectual property, or ownership of certain assets\u2014and outlines any conditions or limitations attached to the grant. Its core function is to ensure that the recipient receives the intended rights or interests in a legally effective manner, thereby preventing disputes over ownership or usage."}, "json": true, "cursor": ""}}