Common use of Security Interest in All Pledged Notes Receivable Clause in Contracts

Security Interest in All Pledged Notes Receivable. Notwithstanding that Lender is obligated, subject to the terms and conditions set forth herein and in the other Loan Documents, to make Advances only in respect of Eligible Notes Receivable, Lender shall have a continuing first priority Lien and security interest in and to all of the Pledged Notes Receivable and may collect and shall receive all payments made under or in respect of all Pledged Notes Receivable, including Eligible Notes Receivable that may become ineligible, until any of the same are released by Lender, if at all, pursuant to Section 11.11 hereof.

Security Interest in All Pledged Notes Receivable. Notwithstanding that Lender is obligated, subject to the terms and conditions set forth herein and in the other Loan Documents, to make Advances an Advance only in respect of Eligible Notes Receivable, Lender shall have a continuing first priority Lien and security interest in and to all of the Pledged Notes Receivable and may collect and shall receive all payments made under or in respect of all Pledged Notes Receivable, including Eligible Notes Receivable that may become ineligible, until any of the same are released by Lender, if at all, pursuant to Section 11.11 hereof11.10 below.

Security Interest in All Pledged Notes Receivable. Notwithstanding In connection with the Receivables Component of the Loan, notwithstanding that Lender is obligated, subject to the terms and conditions set forth herein and in the other Loan Documents, to make Advances only an Advance in respect of Eligible Notes ReceivableReceivable only, Lender shall have a continuing first priority Lien and security interest in and to all of the Pledged Notes Receivable and may collect and shall receive all payments made under or in respect of all Pledged Notes Receivable, including Eligible Notes Receivable that may become ineligible, until any of the same are released by Lender, if at all, pursuant to Section 11.11 hereof11.10 below.

Security Interest in All Pledged Notes Receivable. Notwithstanding that Lender is obligated, subject to the terms and conditions set forth herein and in the other Loan Documents, to make Advances only in respect of Eligible Notes Receivable, Lender shall have a continuing first priority Lien and security interest in and to all of the Pledged Notes Receivable and may collect and shall receive all payments made under or in respect of all Pledged Notes Receivable, including Eligible Notes Receivable that may become ineligible, until any of the same are released by Lender, if at all, pursuant to Section 11.11 hereof11.10 below.

Security Interest in All Pledged Notes Receivable. Notwithstanding that the Lender is may be obligated, subject to the terms and conditions set forth herein and in of the other Loan Documents, to make Receivables Loan Advances only in respect of Eligible Notes Receivable, Lender shall have a continuing first priority Lien and security interest in and to all of the Pledged Notes Receivable Receivable, and may collect and shall receive all payments made under or in respect of all Pledged Notes Receivable, including Eligible Notes Receivable that may become ineligible, until any of the same are may be released by Lender, if at all, pursuant to Section 11.11 hereof13.11 below.