Common use of Security; Security Documents Clause in Contracts

Security; Security Documents. (a) The due and punctual payment of the principal of, and interest and Additional Amounts, if any, on, the Notes and the Note Guarantees when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, by acceleration, repurchase, redemption or otherwise, interest on the overdue principal of and interest (to the extent permitted by law), if any, on, the Notes and Note Guarantees and performance of all other obligations under this Indenture, shall be secured as provided in the Security Documents to be entered into within the time periods set forth on Schedule II attached hereto. The Trustee, the Security Agent, the Issuer and the Guarantors hereby agree that, subject to Permitted Collateral Liens and the terms of each Intercreditor Agreement, the Security Agent is hereby appointed as trustee and shall hold the Collateral in trust for the benefit of itself, the Trustee and all of the Holders pursuant to the terms of the Security Documents and each Intercreditor Agreement, and shall act as mortgagee or security holder under all mortgages or standard securities, beneficiary under all deeds of trust and as secured party under the applicable security agreements. The Security Agent hereby accepts its appointment as trustee of the Collateral with effect from the date of this Agreement and subject to the terms of each Intercreditor Agreement, declares that it holds the Collateral in trust for the benefit of itself, the Trustee and all the other Holders in accordance with this Agreement and the other provisions of the Security Documents and each Intercreditor Agreement.

Security; Security Documents. (a) The due and punctual payment of the principal of, interest and interest premium (including the Redemption Premium), if any, on and Additional Amounts, if any, on, on the Notes and the Note Guarantees when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, by acceleration, repurchase, redemption or otherwise, interest on the overdue principal of and interest (to the extent permitted by law), if any, on, on the Notes and Note Guarantees and performance of all other obligations under this Indenture, shall be secured as provided in the Security Documents to be entered into within the time periods set forth on Schedule II attached heretoDocuments. The Trustee, the Security Agent, the Issuer and the Guarantors hereby agree that, subject to Permitted Collateral Liens and the terms of each Intercreditor AgreementLiens, the Security Agent is hereby appointed as trustee and shall hold the Collateral in trust for the benefit of itself, the Trustee and all of the Holders pursuant to the terms of the Security Documents and each Intercreditor AgreementDocuments, and shall act as mortgagee or security holder under all mortgages or standard securities, beneficiary under all deeds of trust and as secured party under the applicable security agreements. The Security Agent hereby accepts its appointment as trustee of the Collateral with effect from the date of this Agreement and subject to the terms of each Intercreditor Agreement, declares that it holds the Collateral in trust for the benefit of itself, the Trustee and all the other Holders in accordance with this Agreement and the other provisions of the Security Documents and each Intercreditor AgreementDocuments.

Security; Security Documents. (a) The due and punctual payment of the principal of, and interest on and Additional Amounts, if any, on, the Notes and on the Note Guarantees of the Secured Guarantors when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, by acceleration, repurchase, redemption or otherwise, interest on the overdue principal of and interest (to the extent permitted by law), if any, on, on the Notes and Note Guarantees and performance of all other obligations of the Secured Guarantors under this Indenture, shall be secured by the Collateral as provided in the Security Documents and subject to be entered into within the time periods limitations set forth on Schedule II attached heretotherein. The Trustee, the Security Collateral Agent, the Issuer and the Secured Guarantors hereby agree that, subject to Permitted Collateral Liens and the terms of each Intercreditor AgreementLiens, the Security Collateral Agent is hereby appointed as trustee and shall hold the Collateral in trust for the benefit of itself, the Trustee and all of the Holders pursuant to the terms of the Security Documents and each Intercreditor Agreement, and shall act as mortgagee or security holder under all mortgages or standard securities, beneficiary under all deeds of trust and as secured party under the applicable security agreements. The Security Agent hereby accepts its appointment as trustee For the avoidance of doubt, the Note Guarantees of the Collateral with effect from Chargors are secured solely by the date shares of this Agreement and subject to the terms Capital Stock of each Intercreditor Agreement, declares that it holds the Collateral in trust for the benefit of itself, the Trustee and all the other Holders in accordance with this Agreement and the other provisions of the Security Documents All-Assets Grantors owned by the Chargors (and each Intercreditor Agreement.proceeds therefrom) and not by any other assets of the Chargors. 120

Security; Security Documents. (a) The due and punctual payment of the principal of, and interest and Additional Amounts, if any, on, the Notes and the Note Guarantees when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, by acceleration, repurchase, redemption or otherwise, interest on the overdue principal of and interest (to the extent permitted by law), if any, on, the Notes and Note Guarantees and performance of all other obligations under this Indenture, shall be secured as provided in the Security Documents to be entered into within the time periods set forth on Schedule II attached hereto. The Trustee, the Security Agent, the Issuer and the Guarantors hereby agree that, subject to Permitted Collateral Liens and the terms of each Intercreditor Agreement, the Security Agent is hereby appointed as trustee and shall hold the Collateral in trust for the benefit of itself, the Trustee and all of the Holders pursuant to the terms of the Security Documents and each Intercreditor Agreement, and shall act as mortgagee or security holder under all mortgages or standard securities, beneficiary under all deeds of trust and as secured party under the applicable security agreements. The Security Agent hereby accepts its appointment as trustee of the Collateral with effect from the date of this Agreement and subject to the terms of each Intercreditor Agreement, declares that it holds the Collateral in trust for the benefit of itself, the Trustee and all the other Holders in accordance with this Agreement and the other provisions of the Security Documents and each Intercreditor Agreement.. 137

Security; Security Documents. (a) The due and punctual payment of the principal of, and interest on and Additional Amounts, if any, on, on the Notes and the Note Guarantees when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, by acceleration, repurchase, redemption or otherwise, interest on the overdue principal of and interest (to the extent permitted by law), if any, on, on the Notes and Note Guarantees and performance of all other obligations under this Indenture, shall be secured as provided in the Security Documents to be entered into within the time periods set forth on Schedule II attached heretoDocuments. The Trustee, the Security Agent, the Issuer and the Guarantors hereby agree that, subject to Permitted Collateral Liens and the terms of each Intercreditor AgreementLiens, the Security Agent is hereby appointed as trustee and shall hold the Collateral in trust for the benefit of itself, the Trustee and all of the Holders pursuant to the terms of the Security Documents and each Intercreditor AgreementDocuments, and shall act as mortgagee or security holder under all mortgages or standard securities, beneficiary under all deeds of trust and as secured party under the applicable security agreements. The Security Agent hereby accepts its appointment as trustee of the Collateral with effect from the date of this Agreement and subject to the terms of each Intercreditor Agreement, declares that it holds the Collateral in trust for the benefit of itself, the Trustee and all the other Holders in accordance with this Agreement and the other provisions of the Security Documents and each Intercreditor AgreementDocuments.