Common use of Assignment and Grant of Security Interest Clause in Contracts

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the Secured Obligations, each Debtor hereby assigns to, and pledges and grants to Secured Party, for it and the benefit of Creditors, a security interest in the entire right, title, and interest of such Debtor in and to (a) all property of such Debtor, whether now or hereafter existing, owned, arising or acquired, and (b) all of the following property of such Debtor, whether now or hereafter existing, owned, arising or acquired: (i) Accounts, (ii) Accessions, (iii) As-Extracted Collateral, (iv) Chattel Paper, (v) Collateral Records, (vi) Commercial Tort Claims, including but not limited to the specific Commercial Tort Claims described on Schedule 9, (vii) Commodity Accounts, (viii) Commodity Contracts, (ix) Deposit Accounts, (x) Documents, (xi) Equipment, (xii) Financial Assets, (xiii) Fixtures, (xiv) General Intangibles, (xv) Goods, (xvi) Instruments, (xvii) Insurance, (xviii) Intellectual Property, (xix) Inventory, (xx) Investment Property, (xxi) Joint Sales Agreements, (xxii) Letters of Credit, (xxiii) Letter-of-Credit Rights, (xxiv) Licenses, (xxv) Local Marketing Agreements, (xxvi) Money, (xxvii) Payment Intangibles, (xxviii) Permits, (xxix) Pledged Debt, (xxx) Pledged Equity Interests, (xxxi) Securities, (xxxii) Securities Accounts, (xxxiii) Security Entitlements, (xxxiv) Shared Services Agreements, (xxxv) Software, (xxxvi) Supporting Obligations, and (xxxvii) Proceeds of the foregoing (“Collateral”).

Appears in 1 contract

Sources: Security Agreement (Fisher Communications Inc)

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the Secured Obligations, each Debtor hereby assigns to, and pledges and grants to Secured Party, for it and the benefit of Creditors, a security interest in the entire right, title, and interest of such Debtor in and to (a) all property of such Debtor, whether now or hereafter existing, owned, arising or acquired, and (b) all of the following property of such Debtor, in each case whether now or hereafter existing, owned, arising or acquired: (i) Accounts, (ii) Accessions, (iii) As-Extracted Collateral, (iv) Chattel Paper, (v) Collateral Records, (vi) Commercial Tort Claims, including but not limited to the specific Commercial Tort Claims described on Schedule 910, (vii) Commodity Accounts, (viii) Commodity Contracts, (ix) Deposit Accounts, (x) Documents, (xi) Equipment, (xii) Financial Assets, (xiii) Fixtures, (xiv) General Intangibles, (xv) Goods, (xvi) Instruments, (xvii) Insurance, (xviii) Intellectual Property, (xix) Inventory, (xx) Investment Property, (xxi) Joint Sales AgreementsLetters of Credit of which a Debtor is the beneficiary, (xxii) Letters of Credit, (xxiii) Letter-of-Credit Rights, (xxivxxiii) Licenses, (xxv) Local Marketing Agreements, (xxvixxiv) Money, (xxviixxv) Payment Intangibles, (xxviiixxvi) Permits, (xxixxxvii) Pledged Debt, (xxxxxviii) Pledged Equity Interests, (xxxixxix) Securities, (xxxiixxx) Securities Accounts, (xxxiiixxxi) Security Entitlements, (xxxiv) Shared Services Agreements, (xxxvxxxii) Software, (xxxvixxxiii) Supporting Obligations, and (xxxviixxxiv) all Proceeds of the foregoing; provided, that in no event shall the foregoing include the Excluded Property (collectively, the non-excluded Property described in this Section 2.01 is referred to herein as the “Collateral”).

Appears in 1 contract

Sources: Credit Agreement (Crosstex Energy Lp)

Assignment and Grant of Security Interest. (a) As collateral security for the prompt and complete payment and performanceperformance when due (whether at stated maturity, as the case may be, in full by acceleration or otherwise) of all of the Secured Obligations, each Debtor whether now existing or hereafter arising and howsoever evidenced, the Borrower hereby assigns toassigns, and pledges transfers and grants to Secured Partythe Lender and hereby creates in favor of the Lender, for it and the benefit of Creditorsthe Secured Parties, a continuing Lien on and first priority security interest in in, and right of set-off against, all of the entire right, title, title and interest of such Debtor in the Borrower, to and to (a) under all personal property and fixtures of such Debtorthe Borrower, whether now existing or hereafter existing, owned, arising or from time to time acquired, and including, without limitation, the following (bcollectively, the “Collateral”): (1) all of the following Accounts; (2) all Chattel paper; (3) all Deposit accounts; (4) all Documents; (5) all Equipment; (6) all General intangibles (including all Payment intangibles, Contracts, Software, Copyrights, Marks, Patents, Trade Secret and Trade Secret Rights, and other intellectual property of such Debtor, whether now or hereafter existing, owned, arising or acquired: (i) Accounts, (ii) Accessions, (iii) As-Extracted Collateral, (iv) Chattel Paper, (v) Collateral Records, (vi) Commercial Tort Claimsrights, including but not limited all applications, registrations and licenses therefor and all goodwill of any business connection therewith or represented thereby); (7) all Goods (including rights to the specific Commercial Tort Claims described on Schedule returned or repossessed goods and rights of stoppage in transit); (8) all Instruments (including, without limitation, Promissory notes); (9) all Inventory; (10) all Investment property (including certificated and uncertificated Securities, Securities accounts, Security entitlements, Commodity accounts and Commodity contracts); (vii11) Commodity Accounts, (viii) Commodity Contracts, (ix) Deposit Accounts, (x) Documents, (xi) Equipment, (xii) Financial Assets, (xiii) Fixtures, (xiv) General Intangibles, (xv) Goods, (xvi) Instruments, (xvii) Insurance, (xviii) Intellectual Property, (xix) Inventory, (xx) Investment Property, (xxi) Joint Sales Agreements, (xxii) all Letters of Credit, (xxiii) credit and Letter-of-Credit Rightscredit rights; (12) all Supporting obligations; (13) all monies; (14) all oil, gas or other minerals; (xxiv15) Licensesall governmental approvals; (16) all Fixtures; (17) all Insurance Policies; (18) all Commercial tort claims (as described on Appendix G hereto or in any writing delivered pursuant to Section 2.4(f) hereof); (19) all As-extracted collateral; (20) without limiting the generality of the foregoing, all other personal property or interests in personal property, credits, claims, demands and assets of the Borrower, whether now existing or hereafter acquired from time to time and whether or not of a type which may be subject to a security interest under the UCC; (xxv21) Local Marketing Agreementsall supporting evidence and documents relating to any of the above-described property, (xxvi) Moneyincluding, (xxvii) Payment Intangibleswithout limitation, (xxviii) Permitscomputer programs, (xxix) Pledged Debtdisks, (xxx) Pledged Equity Interests, (xxxi) Securities, (xxxii) Securities Accounts, (xxxiii) Security Entitlements, (xxxiv) Shared Services Agreements, (xxxv) Software, (xxxvi) Supporting Obligationstapes and related electronic data processing media, and (xxxvii) Proceeds all rights of the foregoing Borrower to retrieve the same from third parties, written applications, credit information, account cards, payment records, correspondence, delivery and installation certificates, invoice copies, delivery receipts, notes and other evidences of indebtedness, insurance certificates and the like; and (“Collateral”)22) any and all additions and Accessions to any of the foregoing, all improvements thereto, all substitutions and replacements therefor and all products and Proceeds thereof. (b) The security interest granted to the Lender pursuant to this Agreement extends to all Collateral of the kind which is the subject of this Agreement which the Borrower may acquire at any time during the continuation of this Agreement, whether such Collateral is in transit or in the Borrower’s, the Lender’s, any Secured Party’s, or any other Person’s constructive, actual or exclusive occupancy or possession.

Appears in 1 contract

Sources: Security Agreement (SANUWAVE Health, Inc.)

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the Secured Obligations, each Debtor Grantor hereby assigns to, and pledges and grants to Secured Party, for it and the benefit of Secured Creditors, a security interest in the entire all of its right, titletitle and interest in, to and under all personal property and other assets, whether now owned by or owing to, or hereafter acquired by or arising in favor of such Grantor (including under any trade name or derivations thereof), and interest whether owned or consigned by or to, or leased from or to, such Grantor, and regardless of such Debtor where located (all of which will be collectively referred to as the “Collateral”), including, in and to each case, whether now owned or hereinafter acquired: (a) all property of such DebtorAccounts, whether now or hereafter existing, owned, arising or acquired, and (b) all of the following property of such Debtor, whether now or hereafter existing, owned, arising or acquired: Chattel Paper (i) Accountsincluding Electronic Chattel Paper and Tangible Chattel Paper), (iic) Accessions, (iii) As-Extracted Collateral, (iv) Chattel Paper, (v) all Collateral Records, (vid) Commercial Tort Claims, including but not limited to the specific all Commercial Tort Claims now or hereafter described on Schedule 912, (viie) all Commodity Accounts, (viiif) all Commodity Contracts, (ixg) all Deposit Accounts (other than Exempt Accounts), (xh) all Documents, (xii) all Equipment, (xiij) all Financial Assets, (xiiik) all Fixtures, (xivl) all General Intangibles, (xvm) all Goods, (xvin) Instruments, (xvii) all Insurance, (xviiio) all Intellectual Property, (xixp) all Instruments, (q) all Inventory, (xxr) all Investment Property, (xxis) Joint Sales Agreements, (xxii) all Letters of Credit, (xxiiit) Letter-of-Credit all Letter‑of‑Credit Rights, (xxivu) all Licenses, (xxvv) Local Marketing Agreements, (xxvi) all Money, (xxviiw) all Payment Intangibles, (xxviiix) all Permits, (xxixy) all Pledged Debt, (xxxz) all Pledged Equity Interests, (xxxiaa) all Securities, (xxxiibb) all Securities Accounts, (xxxiiicc) all Security Entitlements, (xxxivdd) Shared Services Agreements, (xxxv) all Software, (xxxviee) all Supporting Obligations, and (xxxviiff) any and all Accessions, Proceeds and products of any and all of the foregoing (“Collateral”)foregoing, in each case, whether now owned or existing or owned, acquired, or arising hereafter.

Appears in 1 contract

Sources: Credit Agreement (BG Staffing, Inc.)

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the Secured Obligations, each Debtor hereby assigns toassigns, and pledges and grants to Secured PartyAdministrative Agent, for it and the benefit of CreditorsSecured Parties, a security interest in the entire right, title, and interest of such Debtor in and to (a) all property of such Debtor, whether now or hereafter existing, owned, arising or acquired, and (b) including all of the following property of such Debtor, whether now or hereafter existing, owned, arising or acquired: (ia) Accounts, (iib) Accessions, (iiic) As-Extracted Collateral, (ivd) Chattel Paper, (ve) Collateral Records, (vif) Commercial Tort Claims, including but not limited to the specific Commercial Tort Claims described on Schedule 96, (viig) Commodity Accounts, (viiih) Commodity Contracts, (ixi) Deposit Accounts, (xj) Documents, (xik) Equipment, (xiil) Financial Assets, (xiiim) Fixtures, (xivn) General Intangibles, (xvo) Goods, (xvip) Instruments, (xviiq) Insurance, (xviiir) Intellectual Property, (xixs) Inventory, (xxt) Investment Property, (xxi) Joint Sales Agreements, (xxiiu) Letters of Credit, (xxiiiv) Letter-of-Credit Rights, (xxivw) Licenses, (xxv) Local Marketing Agreements, (xxvix) Money, (xxviiy) Payment Intangibles, (xxviiiz) Permits, (xxixaa) Pledged Debt, (xxxbb) Pledged Equity Interests, (xxxicc) Securities, (xxxiidd) Securities Accounts, (xxxiiiee) Security Entitlements, (xxxiv) Shared Services Agreements, (xxxvff) Software, (xxxvigg) Supporting Obligations, and (xxxviihh) Proceeds of the foregoing (collectively, the "Collateral").

Appears in 1 contract

Sources: Security Agreement (Carbon Natural Gas Co)