Common use of Benefit of Lenders Clause in Contracts

Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent, individually, and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Aas Capital Corp)

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Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent, individually, and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit AgreementNote.

Appears in 1 contract

Samples: Security Agreement (Local Matters Inc.)

Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent, individually, Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Note Purchase Agreement.

Appears in 1 contract

Samples: Security Agreement (Mai Systems Corp)

Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Administrative Agent, individually, Revolver Agent and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Hi Rise Recycling Systems Inc)

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Benefit of Lenders. All Liens granted or contemplated hereby shall be for the benefit of Agent, individually, and Lenders, and all proceeds or payments realized from Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.. [Signature Page Follows]

Appears in 1 contract

Samples: Security Agreement (RadNet, Inc.)

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