Common use of Creation of Security Clause in Contracts

Creation of Security. (a) Notwithstanding the foregoing, for the purpose of financing the Facility, the Company may assign to, or grant a security interest in favour of, the Lenders in its rights and interests under or pursuant to: (i) this Lease Agreement, (ii) any agreement or document included within the Security Package, (iii) the Demised Premises, (iv) the Access Road Corridor and the Access Road, (v) the movable, immovable and intellectual property of the Company, or (vi) the revenues or any of the rights or assets of the Company. The Company shall not create any security over its rights and interests under this Lease Agreement without the prior written consent of BPDB except as already provided above.

Creation of Security. (a) Notwithstanding the foregoing, for the purpose of financing the Facility, the Company may assign to, or grant a security interest in favour of, the Lenders in its rights and interests under or pursuant to: (i) this Lease Land Use Agreement, (ii) any agreement or document included within the Security Package, (iii) the Demised Premises, (iv) the Access Road Corridor and the Access Road, (v) the movable, immovable and intellectual property of the Company, or (vi) the revenues or any of the rights or assets of the Company. The Company shall not create any security over its rights and interests under this Lease Land Use Agreement without the prior written consent of BPDB NCC except as already provided above.

Creation of Security. (a) Notwithstanding the foregoing, for the purpose of financing the Facility, the Company may assign to, or grant a security interest in favour of, the Lenders in its rights and interests under or pursuant to: (i) this Land Lease Agreement, (ii) any agreement or document included within the Security Package, (iii) the Demised Premises, (iv) the Access Road Corridor and the Access Road, (v) the movable, immovable and intellectual property of the Company, or (vi) the revenues or any of the rights or assets of the Company. The Company shall not create any security over its rights and interests under this Land Lease Agreement without the prior written consent of BPDB except as already provided above.

Creation of Security. (a) Notwithstanding the foregoing, for the purpose of financing the Facility, the Company may assign to, or grant a security interest in favour of, the Lenders in its rights and interests under or pursuant to: (i) this Lease Agreement, (ii) any agreement or document included within the Security Package, (iii) the Demised Premises, (iv) the Access Road Corridor and the Access RoadExtended Access, (v) the movable, immovable and intellectual property of the Company, or (vi) the revenues or any of the rights or assets of the Company. The Company shall not create any security over its rights and interests under this Lease Agreement without the prior written consent of BPDB except as already provided above.