Common use of Security Interest in the Collateral Clause in Contracts

Security Interest in the Collateral. To secure the prompt payment and performance of all of the Obligations to each Secured Party, each Loan Party hereby collaterally assigns, pledges and grants to Agent, for the ratable benefit of each Secured Party, a continuing Lien in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s Lien and shall cause its financial statements, where applicable, to reflect such Lien.

Security Interest in the Collateral. To secure the prompt payment and performance of all of the Obligations to each Secured Party, each Loan Party hereby collaterally assigns, pledges and grants to Agent, for the ratable benefit of each Secured Party, a continuing Lien in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s Lien and shall cause its financial statements, where applicable, to reflect such Lien.

Security Interest in the Collateral. To secure the prompt payment and performance to each Lender Party of all of the Obligations to each Secured PartyObligations, each Loan Party Borrower hereby collaterally assigns, pledges and grants to AgentLender, as agent for the ratable benefit of each Secured Lender Party, a continuing Lien security interest in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party Borrower shall xxxx its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s Lien Lender's security interest in the Collateral and shall cause its financial statements, where applicable, statements to reflect such Liensecurity interest.

Security Interest in the Collateral. To secure the prompt payment and performance of all of the Obligations to each the Secured PartyParties, each Loan Party hereby collaterally assigns, pledges and grants to Agent, for the ratable benefit of each Secured Party, a continuing Lien in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s Lien and shall cause its financial statements, where applicable, to reflect such Lien.

Security Interest in the Collateral. To secure the prompt payment and performance of all of the Obligations to each Secured Partythe Lender, each Loan Party hereby collaterally assigns, pledges and grants to Agent, for the ratable benefit of each Secured Party, Lender a continuing Lien in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx its books and records as may be necessary or appropriate to evidence, protect and perfect Agentthe Lender’s Lien and shall cause its financial statements, where applicable, to reflect such Lien.

Security Interest in the Collateral. To secure the prompt payment and performance to each Lender Party of all of the Obligations to each Secured PartyObligations, each Loan Party hereby collaterally assigns, pledges and grants to Agent, as agent for the ratable benefit of each Secured Lender Party, a continuing Lien security interest in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx mxxx its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s Lien security interest in the Collateral and shall cause its financial statements, where applicable, statements to reflect such Liensecurity interest.

Security Interest in the Collateral. To secure the prompt payment and performance to each Lender Party of all of the Obligations to each Secured PartyObligations, each Loan Party hereby collaterally assigns, pledges and grants to AgentLender, as agent for the ratable benefit of each Secured Lender Party, a continuing Lien security interest in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx mxxx its books and records as may be necessary or appropriate to evidence, protect and perfect AgentLender’s Lien security interest in the Collateral and shall cause its financial statements, where applicable, statements to reflect such Liensecurity interest.

Security Interest in the Collateral. To secure the prompt payment and performance to each Lender Party of all of the Obligations to each Secured PartyObligations, each Loan Party hereby collaterally assigns, pledges and grants to Agent, as agent for the ratable benefit of each Secured Lender Party, a continuing Lien security interest in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx mark its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s Lien security interest in the Collateral and shall cause its financial statements, where applicable, statements to reflect such Liensecurity interest.

Security Interest in the Collateral. To secure the prompt payment and performance to each Lender Party of all of the Obligations to each Secured PartyObligations, each Loan Party hereby collaterally assigns, pledges and grants to Agent, as agent for the ratable benefit of each Secured Lender Party, a continuing Lien security interest in and to all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Loan Party shall xxxx mxxx its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s Lien and shall cause its financial statements, where applicable, to reflect such Liensecurity interest in the Collateral.