Common use of Additional Security Interest Clause in Contracts

Additional Security Interest. As additional security for the prompt performance, observance and payment in full of all Obligations, we hereby grant to you a continuing security interest in, a lien upon, and a right of setoff against, and we hereby assign, transfer, pledge and set over to you the following (which is and shall be deemed part of the Collateral as defined and used in the Agreement): 1.1. All raw materials, work in process, finished goods, and all other inventory of whatsoever kind or nature, wherever located, whether now owned or hereafter existing or acquired by us ("Inventory"), including without limitation, all wrapping, packaging, advertising, shipping materials, and all other goods consumed in our business, all labels and other devices, names or marks affixed or to be affixed thereto for purposes of selling or of identifying the same or the seller or manufacturer thereof and all of our right, title and interest therein and thereto; 1.2. All equipment, machinery, computers and computer hardware, vehicles, tools, dies, jigs, furniture, trade fixtures and fixtures; all attachments, accessions and property now or hereafter affixed thereto or used in connection therewith, substitutions and replacements thereof, wherever located, whether now owned or hereafter acquired by us ("Equipment"); 1.3. All books, records, documents, other property and general intangibles at any time relating to the Inventory and the Equipment; and 1.4. All products and proceeds of the foregoing, in any form, including, without litigation, insurance proceeds and any claims against third parties for loss or damage to or destruction of any or all of the foregoing.

Additional Security Interest. As additional security for the prompt performance, observance and payment in full of all Obligations, we hereby grant to you a continuing security interest in, a lien upon, and a right of setoff against, and we hereby assign, transfer, pledge and set over to you the following (which is and shall be deemed part of the Collateral as defined and used in the Agreement): 1.1. All raw materials, work in process, finished goods, and all other inventory of whatsoever kind or of nature, wherever located, whether now owned or hereafter existing or acquired by us * ("Inventory"), including without limitation, all wrapping, packaging, advertising, shipping materials, and all other goods consumed in our business, all labels and other devices, names or marks affixed or to be affixed thereto for purposes of selling or of identifying the same or the seller or manufacturer thereof and all of our right, title and interest therein and thereto; 1.2. All equipment, machinery, computers and computer hardware, vehicles, tools, dies, jigs, furniture, trade fixtures and fixtures; all attachments, accessions and property now or hereafter affixed thereto or used in connection therewith, substitutions and replacements thereof, wherever located, whether now owned or hereafter acquired by us Borrower ("Equipment"); 1.3. All books, records, documents, other property and general intangibles at any time relating to the Inventory and the Equipment; and 1.4. All products and proceeds of the foregoing, in any form, including, without litigationlimitation, insurance proceeds and any claims against third parties for loss or damage to or destruction of any or all of the foregoing.

Additional Security Interest. As additional security for the prompt performance, observance and payment in full of all Obligations, we hereby grant to you a continuing security interest in, a lien upon, and a right of setoff against, and we hereby assign, transfer, pledge and set over to you the following followIng (which is and shall be deemed part of the Collateral as defined and used in the Agreement): 1.1. All raw materials, work in process, finished goods, and all other inventory of whatsoever whatever kind or nature, wherever located, whether now owned or hereafter existing or acquired by us ("Inventory"), including without limitation, all wrapping, . packaging, . advertising, shipping materials, and all other goods consumed in our business, all labels and other devices, names or marks affixed or to be affixed thereto for purposes of selling or of identifying the same or the seller or manufacturer thereof and all of our right, title and interest therein and thereto; 1.2. All equipment, machinery, . computers and computer hardware, vehicles, tools, dies, jigs, furniture, trade fixtures and fixtures; all attachments, accessions and property now or hereafter affixed thereto or used in connection therewith, substitutions and replacements thereof, . wherever located, whether now owned or hereafter acquired by us ("Equipment"), including without limitation, all equipment listed on any Schedule A annexed hereto and made a part hereof; 1.3. All books, records, documents, other property and general intangibles at any time relating to the Inventory inventory and the Equipment; : and 1.4. All products and proceeds of the foregoing, in any form, . including, without litigationlimitation, insurance proceeds and any claims against third parties for loss or damage to or destruction of any or all of the foregoing.