SECTION COLLATERAL ASSIGNMENT Sample Clauses

SECTION COLLATERAL ASSIGNMENT. The Grantor hereby assigns to the Agent for its benefit and the ratable benefit of the Lenders, and hereby grants to the Agent for its benefit and the ratable benefit of the Lenders a security interest in, all of the Grantor's right, title and interest in and to the following (the "COLLATERAL"): the Support Agreement as it may be amended or otherwise modified from time to time (the "ASSIGNED AGREEMENT"), including, without limitation, (i) all rights of the Grantor to receive moneys due and to become due under or pursuant to the Assigned Agreement, (ii) all rights of the Grantor to receive proceeds of any insurance, indemnity, warranty or guaranty with respect to the Assigned Agreement, (iii) claims of the Grantor for damages arising out of or for breach of or default under the Assigned Agreement, (iv) the right of the Grantor to terminate the Assigned Agreement, to perform thereunder and to compel performance and otherwise exercise all remedies thereunder, and (iv) all proceeds of any and all of the foregoing Collateral.