Common use of Continuing Security Interest; Transfer of Notes Clause in Contracts

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a security interest in the Collateral and shall in accordance with applicable law (a) remain in full force and effect until the payment in full of all Obligations and the termination of all Commitments, (b) be binding upon each Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Party.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing assignment of and security interest in the Collateral and shall in accordance with applicable lawshall (a) remain in full force and effect until the payment in full in cash of all Secured Obligations and the termination of all Commitments, (b) be binding upon each the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Party.

Continuing Security Interest; Transfer of Notes. This Security ----------------------------------------------- Agreement shall create a continuing security interest in the Collateral and shall in accordance with applicable lawshall (a) remain in full force and effect until the payment in full of all Obligations and the termination of all Commitments, (b) be binding upon each the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Party.

Continuing Security Interest; Transfer of Notes. This Security ----------------------------------------------- Agreement shall create a continuing security interest in the Collateral and shall in accordance with applicable lawshall (a) remain in full force and effect until the payment in full of all Obligations and the termination of all Commitments, (b) be binding upon each Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Party.

Continuing Security Interest; Transfer of Notes. This Security and Pledge Agreement shall create a continuing security interest in the Collateral and shall in accordance with applicable lawshall (a) remain in full force and effect until the payment in full in cash of all Secured Obligations then due, the termination or expiration of all Letters of Credit and the termination of all Commitments, (b) be binding upon each the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Secured Party.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a security interest in the Collateral and shall in accordance with applicable law (a) remain in full force and effect until the payment in full of all Obligations and the termination of all Commitments, (b) be binding upon each the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Party.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall in accordance with applicable lawshall (a) remain in full force and effect until the payment in full in cash of all Secured Obligations and the termination of all Commitments, (b) be binding upon each Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Party.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall in accordance with applicable lawshall (a) remain in full force and effect until the payment in full in cash of all Secured Obligations and the irrevocable termination of all Commitmentsthe Revolving Loan Commitment, (b) be binding upon each Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Party.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall in accordance with applicable lawshall: (a) remain in full force and effect until the payment in full of all Obligations and the termination of all Commitments,Fixed Assets Termination Date; (b) be binding upon each Grantor, its successors, transferees and assigns, ; and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Lender Secured Party.