Common use of Security Interests Absolute Clause in Contracts

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

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Volt Information Sciences Inc), Security Agreement (Volt Information Sciences Inc)

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

Appears in 1 contract

Samples: Volt Security Agreement (Volt Information Sciences Inc)

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Security Interests Absolute. All rights of the Collateral Agent and the Agent, all security interests granted hereunder, hereunder and all obligations of each Grantor hereunder, shall be hereunder with respect to the Collateral of such Grantor are unconditional and absolute and unconditionalindependent and separate from any other security for or guaranty of the Secured Obligations, irrespective ofwhether executed by any Grantor or any other Person. Without limiting the generality of the foregoing, the obligations of each Grantor hereunder shall not be released, discharged or otherwise affected or impaired by:

Appears in 1 contract

Samples: Loan Agreement (PBF Holding Co LLC)

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