Common use of RECORDS AND OTHERS Clause in Contracts

RECORDS AND OTHERS. All records, data, vouchers, invoices and other documents related to the Charged property described above, including without limitation, computer programs, disks, tapes and other means of electronic communication of the Grantor, as well as the rights of the Grantor to recover such property from third parties, receipts, customer lists, distribution lists, directories and other similar property of the Grantor. Any and all Charged property which is acquired, transformed or manufactured after the date of this Deed shall be charged by the Hypothec, (i) whether or not such property has been acquired in replacement of other Charged property which may have been alienated by the Grantor in the ordinary course of business, (ii) whether or not such property results from a transformation, mixture or combination of any Charged property, and (iii) in the case of securities, whether or not they have been issued pursuant to the purchase, redemption, conversion or cancellation or any other transformation of the charged securities and without the Trustee being required to register or re-register any notice whatsoever, the property charged under the Hypothec being the universality of the Grantor's present and future property.

Appears in 4 contracts

Samples: SLM International Inc /De, SLM International Inc /De, SLM International Inc /De

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