Common use of Security Interest Absolute Clause in Contracts

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 21 contracts

Samples: Recognition Agreement (Wells Timberland REIT, Inc.), Pledge Agreement (CatchMark Timber Trust, Inc.), Subordinated Security Agreement (Wells Timberland REIT, Inc.)

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Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional, irrespective ofof any of the following conditions, occurrences or events:

Appears in 12 contracts

Samples: Pledge and Security Agreement (Internap Network Services Corp), Credit Agreement (Integra Lifesciences Holdings Corp), Credit Agreement (Amylin Pharmaceuticals Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 9 contracts

Samples: Security Agreement (Titan Corp), Guarantor Security Agreement (Key Components LLC), Patent Security Agreement (Dri I Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each the Grantor hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 9 contracts

Samples: Security Agreement (Fibernet Telecom Group Inc\), Subsidiary Security Agreement (Fibernet Telecom Group Inc\), Parent Security Agreement (Fibernet Telecom Group Inc\)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall be be, absolute and unconditional, irrespective ofof any of the following conditions, occurrences or events:

Appears in 8 contracts

Samples: Credit Agreement (Integra Lifesciences Holdings Corp), Credit Agreement (Integra Lifesciences Holdings Corp), Security Agreement (Global Power Equipment Group Inc/)

Security Interest Absolute. All rights of the Administrative Agent and hereunder, the security interests granted to the Administrative Agent hereunder, interest and all obligations of each Grantor hereunder, the Grantors hereunder shall be absolute and unconditional, irrespective of:.

Appears in 8 contracts

Samples: Security Agreement (Rockwood Specialties Group Inc), Security Agreement (Accellent Corp.), Security Agreement (Rockwood Specialties Group Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 8 contracts

Samples: Pledge Agreement (Heico Corp), Pledge Agreement (Strayer Education Inc), Pledge Agreement (Maximus Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor the Pledgor hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 6 contracts

Samples: Pledge Agreement (Fibernet Telecom Group Inc\), Parent Pledge Agreement (Fibernet Telecom Group Inc\), Subsidiary Pledge Agreement (Fibernet Telecom Group Inc\)

Security Interest Absolute. All rights of the Administrative Agent and the security interests Liens granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 5 contracts

Samples: Pledge Agreement (Sterling Chemicals Inc), Pledge Agreement (Sterling Chemical Inc), Pledge Agreement (Sterling Chemical Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each the Grantor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 5 contracts

Samples: Security Agreement (Wells Timberland REIT, Inc.), Recognition Agreement (Wells Timberland REIT, Inc.), Security Agreement (CatchMark Timber Trust, Inc.)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor the Pledgor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 4 contracts

Samples: Parent Pledge Agreement (Prosource Inc), Patent Security Agreement (Dri I Inc), Holdings Pledge Agreement (Dri I Inc)

Security Interest Absolute. All rights of the Administrative Agent and the -------------------------- security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor of the Grantors hereunder, shall be absolute and unconditional, irrespective of any circumstance which might constitute a defense available to, or a discharge of:, any guarantor or other obligor in respect of the Obligations.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Icg Holdings Inc), Security and Pledge Agreement (Mariner Post Acute Network Inc), Security and Pledge Agreement (Icg Holdings Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 3 contracts

Samples: Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data Facilities Company, Inc.)

Security Interest Absolute. (a) All rights of the Administrative Agent and the security interests granted to other Secured Parties and the Administrative Agent Liens and Security Interests hereunder, and all obligations of each Grantor hereunderthe Secured Obligations of the Grantors hereunder to the extent permitted by Applicable Law, shall be absolute and unconditional, irrespective of, and unaffected by:

Appears in 3 contracts

Samples: Collateral Agreement (National Instruments Corp), Collateral Agreement (National Instruments Corp), Collateral Agreement (Rush Enterprises Inc \Tx\)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each the Grantor hereunder, shall be absolute and unconditional, unconditional irrespective ofof :

Appears in 3 contracts

Samples: Subsidiary Security Agreement (Fibernet Telecom Group Inc\), Subsidiary Security Agreement (Fibernet Telecom Group Inc\), Subsidiary Security Agreement (Fibernet Telecom Group Inc\)

Security Interest Absolute. All rights of the Administrative Agent and the security interests Liens granted to the Administrative Agent hereunder, and all obligations of each Grantor the Pledgor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 3 contracts

Samples: Parent Pledge Agreement (Sterling Chemical Inc), Sterling Chemical Inc, Sterling Chemical Inc

Security Interest Absolute. All rights of the Administrative Agent for its own benefit and the benefit of the Lenders and security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor the Borrower hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 3 contracts

Samples: Escrow Agreement (Dynegy Inc.), Term Loan Credit Agreement (Dynegy Inc.), Escrow Agreement (Caesars Acquisition Co)

Security Interest Absolute. All rights of the Administrative Agent and Secured Parties and the security interests Security Interest granted to the Administrative Agent hereunder, and all obligations of each Grantor Debtor hereunder, shall shall, to the extent permitted by Laws, be absolute and unconditional, irrespective of:

Appears in 3 contracts

Samples: Security Agreement (Xircom Inc), Credit Agreement (Doskocil Manufacturing Co Inc), Security Agreement (Xircom Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor the Pledgor hereunder, shall be absolute and unconditional, unconditional irrespective ofof :

Appears in 3 contracts

Samples: Telecom Pledge Agreement (Fibernet Telecom Group Inc\), Subsidiary Pledge Agreement (Fibernet Telecom Group Inc\), Pledge Agreement (Fibernet Telecom Group Inc\)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall be joint and several and shall be absolute and unconditional, irrespective of:

Appears in 3 contracts

Samples: Subsidiary Pledge Agreement (Titan Corp), Credit Agreement (Titan Corp), Credit Agreement (Titan Corp)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations Obligations of each Grantor the Grantors hereunder, shall be absolute and unconditional, irrespective of:

Appears in 3 contracts

Samples: Security Agreement (Evenflo Co Inc), Security Agreement (Evenflo & Spalding Holdings Corp), Security Agreement (Evenflo & Spalding Holdings Corp)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 3 contracts

Samples: Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data Facilities Company, Inc.)

Security Interest Absolute. All rights of the Administrative Agent and Agent, the security interests granted to the Administrative Agent hereunderSecurity Interests, and all obligations of each Grantor the Grantors’ hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 3 contracts

Samples: Security Agreement (Fortegra Financial Corp), 4            security Agreement (Fortegra Financial Corp), Guaranty and Security Agreement (Abovenet Inc)

Security Interest Absolute. (a) All rights of the Administrative Agent and the security interests granted to other Secured Parties and the Administrative Agent Liens and Security Interests hereunder, and all obligations of each Grantor the Secured Obligations of the Grantors hereunder, to the extent permitted by Applicable Law, shall be absolute and unconditional, irrespective of, and unaffected by:

Appears in 3 contracts

Samples: Collateral Agreement (Realpage Inc), Collateral Agreement (Realpage Inc), And Restated Collateral Agreement (RealPage, Inc.)

Security Interest Absolute. All rights of the Administrative Agent and Lenders and the security interests granted interests, collateral assignments and pledges granted, assigned and pledged to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be are absolute and unconditional, irrespective ofof the occurrence of any one or more of the following:

Appears in 2 contracts

Samples: Master Security Agreement (NBG Radio Network Inc), Master Security Agreement (Bizness Online Com)

Security Interest Absolute. All rights of the Administrative Agent hereunder and under the other Security Documents and the security interests granted to the Administrative Agent hereunder, Security Interest and all obligations Obligations of each Grantor hereunder, the Grantors hereunder and under the other Security Documents shall be absolute and unconditional, irrespective of:.

Appears in 2 contracts

Samples: Security Agreement (Clean Harbors Inc), Security Agreement (Clean Harbors Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 2 contracts

Samples: Parent Pledge Agreement (Duane Reade Inc), Patent Security Agreement (Dri I Inc)

Security Interest Absolute. All rights of the Administrative Agent and the Lenders and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be are absolute and unconditional, irrespective ofof the occurrence of any one or more of the following:

Appears in 2 contracts

Samples: Security Agreement (Altitude International Holdings, Inc.), Security Agreement (Blackboxstocks Inc.)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each the Grantor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 2 contracts

Samples: Assignment and Security Agreement (Nextel Partners Inc), Borrower Security Agreement (Key Components LLC)

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Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall shall, to the fullest extent permitted by applicable law, be absolute and unconditional, irrespective of:

Appears in 2 contracts

Samples: Subsidiary Pledge Agreement (Key Components LLC), Parent Pledge Agreement (Key Components LLC)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor of the Grantors hereunder, shall be absolute and unconditional, irrespective of any circumstance which might constitute a defense available to, or a discharge of:, any guarantor or other obligor in respect of the Secured Obligations.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Federal Mogul Corp), Security and Pledge Agreement (Federal Mogul Corp)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor Pledgor hereunder, shall shall, to the extent permitted under applicable law, be absolute and unconditional, irrespective of:

Appears in 1 contract

Samples: Security Agreement (Wilson Greatbatch Technologies Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional, irrespective ofof any of the following conditions, occurrences or events:

Appears in 1 contract

Samples: Pledge and Security Agreement (NewLake Capital Partners, Inc.)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all of the obligations of each Grantor the Company hereunder, shall be absolute and unconditional, irrespective of:

Appears in 1 contract

Samples: Pledge and Security Agreement (Pmi Group Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, the grant of a security interest in the Collateral and all obligations of each Grantor the Borrower hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 1 contract

Samples: Security and Servicing Agreement (Flowers Foods Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 1 contract

Samples: Pledge and Security Agreement Borrower (Hawk Corp)

Security Interest Absolute. (a) All rights of the Administrative Agent and the security interests granted to other Lender Parties and the Administrative Agent Liens and Security Interests hereunder, and all obligations of each Grantor the Guaranteed Obligations of the Grantors hereunder, shall be absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Collateral Agreement

Security Interest Absolute. All rights of the Administrative Agent and Agent, the security interests granted to the Administrative Agent hereunderSecurity Interests, and all obligations of each Grantor the Grantors, hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 1 contract

Samples: Revolving Credit Agreement (Fortegra Financial Corp)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor of the Pledgors hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 1 contract

Samples: Pledge Agreement (Barneys New York Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor the Borrower hereunder, to the fullest extent permitted by applicable Law, shall be absolute and unconditional, irrespective ofof any of the following conditions, occurrences or events:

Appears in 1 contract

Samples: Credit, Pledge and Security Agreement (Discovery Communications, Inc.)

Security Interest Absolute. All rights of the Administrative Agent and hereunder, the security interests granted to the Administrative Agent hereunder, hereunder and all obligations of each Grantor the Grantors hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 1 contract

Samples: Security Agreement (Gentek Inc)

Security Interest Absolute. All rights of the -------------------------- Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional, irrespective of:

Appears in 1 contract

Samples: Security Agreement (Jorgensen Earle M Co /De/)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunderSecurity Interest, and all obligations of each Grantor Debtors hereunder, shall be are absolute and unconditionalunconditional in all respects and shall not be released, irrespective ofdiminished, impaired, or affected for any reason, including, without limitation, the occurrence of any one or more of the following events:

Appears in 1 contract

Samples: Security Agreement (Us Energy Corp)

Security Interest Absolute. All rights of the Administrative Agent hereunder and under the other Collateral Documents, the security interests granted to the Administrative Agent hereunder, interest and all obligations of each Grantor hereunder, the Grantors hereunder and under the other Collateral Documents shall be absolute and unconditional, irrespective of:.

Appears in 1 contract

Samples: Security Agreement (Clean Harbors Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor the Pledgor hereunder, shall shall, to the fullest extent permitted by applicable law, be absolute and unconditional, irrespective of:

Appears in 1 contract

Samples: Borrower Pledge Agreement (Key Components LLC)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, the grant of a security interest in the Collateral and all obligations of each Grantor the Seller hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kellogg Co)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, and all obligations of each Grantor hereunder, shall be be, to the extent permitted under applicable law, absolute and unconditional, irrespective of:

Appears in 1 contract

Samples: Security Agreement (Wilson Greatbatch Technologies Inc)

Security Interest Absolute. All rights of the Administrative Agent and the security interests granted to the Administrative Agent hereunder, the grant of a security interest in the Collateral and all obligations of each Grantor the Borrower hereunder, shall be absolute and unconditional, unconditional irrespective of:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Reynolds Group Holdings LTD)

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