Common use of Grant of Security Interest in the Collateral Clause in Contracts

Grant of Security Interest in the Collateral. To secure the prompt payment in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Obligations, each Obligor hereby grants to the Administrative Agent, for the benefit of the Secured Parties, a continuing security interest in, and a right to set off against the Collateral. “Collateral” shall mean, collectively, any and all right, title and interest of such Obligor in and to the following property of the Obligors (to the extent not constituting Excluded Property (as defined herein)), whether now owned or existing or owned, acquired, or arising hereafter:

Grant of Security Interest in the Collateral. To secure the prompt payment in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the ObligationsSecured Obligations of the Borrower and each other Loan Party, each Obligor hereby grants to the Administrative Agent, for the benefit of the Secured Parties, a continuing security interest in, and a right to set off against the Collateral. “Collateral” shall mean, collectivelyagainst, any and all right, title and interest of such Obligor in and to the following personal property of the Obligors (to the extent not constituting Excluded Property (as defined herein)), whether now owned or existing or owned, acquired, or arising hereafter:hereafter (collectively, the “Collateral”):

Grant of Security Interest in the Collateral. (a) To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor hereby grants to the Administrative Collateral Agent, for the benefit of the Collateral Agent, the Trustee and the Holders (collectively, the “Secured Parties”‘), a continuing security interest in, and a right to set off against the Collateral. “Collateral” shall mean, collectivelyagainst, any and all right, title and interest of such Obligor in and to the following property of the Obligors (to the extent not constituting Excluded Property (as defined herein))following, whether now owned or existing or owned, acquired, or arising hereafter:hereafter (collectively, the “Collateral”):

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, each Obligor hereby grants to the Administrative Agent, for the benefit of the Secured PartiesLenders, a continuing security interest in, and a right to set off against the Collateral. “Collateral” shall mean, collectivelyagainst, any and all right, title and interest of such Obligor in and to the following personal property of the Obligors (to the extent not constituting Excluded Property (as defined herein)), whether now owned or existing or owned, acquired, or arising hereafter:hereafter (collectively, the "Collateral"):

Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment acceleration or otherwise, of the ObligationsSecured Obligations (as defined in Section 3 hereof), each Obligor hereby grants to the Administrative Collateral Agent, for the benefit of the Secured PartiesLenders, a continuing security interest inin (and, as applicable, acknowledges and reaffirms any prior security interest granted to the Collateral Agent, for the benefit of the Lenders), and a right to set off against the Collateral. “Collateral” shall mean, collectivelyagainst, any and all right, title and interest of such Obligor in and to the following property of the Obligors (to the extent not constituting Excluded Property (as defined herein))following, whether now owned or existing or owned, acquired, or arising hereafter:hereafter (collectively, the "Collateral"):