Common use of Products and Proceeds Clause in Contracts

Products and Proceeds. To secure payment and performance of all Liabilities, BORROWER hereby creates in favor of LENDER and hereby grants to LENDER a security interest in Proceeds and in all products of the Collateral.

Products and Proceeds. To secure payment and performance of all Liabilities, BORROWER hereby creates in favor of LENDER AGENT for the ratable benefit of the LENDERS and hereby grants to LENDER AGENT for the ratable benefit of the LENDERS a security interest in Proceeds and in all the products of the CollateralCollateral and all Proceeds thereof.

Products and Proceeds. To secure payment and performance of all Liabilities, BORROWER hereby creates in favor of LENDER AGENT for the ratable benefit of the LENDERS and hereby grants to LENDER AGENT for the ratable benefit of the LENDERS a security interest in Proceeds Products and in all products of the CollateralProceeds.