Common use of Continuing Security Interest Clause in Contracts

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.

Appears in 38 contracts

Sources: Annual Report, Master Loan and Security Agreement (Ostex International Inc /Wa/), Master Loan and Security Agreement (Biotransplant Inc)

Continuing Security Interest. This Subject to Section 8.06, this Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible earlier of the payment in full in cash of the ObligationsSecured Obligations then outstanding to the Secured Parties, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, permitted transferees and permitted assigns.

Appears in 12 contracts

Sources: Term Loan Security Agreement, Term Loan Credit Agreement, Term Loan Credit Agreement (International Lease Finance Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible latest of (i) the payment in full in cash of the ObligationsSecured Obligations and (ii) October 15, 2019, (iib) be binding upon the Borrower and each Pledgor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Trustee hereunder, to the benefit of the Lender holders of Parity Lien Obligations and its their respective successors, transferees, transferees and assigns.

Appears in 6 contracts

Sources: Indenture (Energy Future Intermediate Holding CO LLC), Pledge Agreement (EFIH Finance Inc.), Indenture (EFIH Finance Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationseffect, (iib) be binding upon the Borrower Debtor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 5 contracts

Sources: Company General Security Agreement, Company General Security Agreement (Acura Pharmaceuticals, Inc), Company General Security Agreement (Acura Pharmaceuticals, Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall shall: (ia) remain Remain in full force and effect until all the indefeasible payment in full of the Obligations, Obligations have been fully paid and performed; (iib) be Be binding upon the Borrower Company and its representatives, successors and assigns and assigns; and (iiic) inure, together with the rights and remedies of the Lender hereunder, Inure to the benefit of the Lender Lenders and its their successors, transferees, transferees and assigns.

Appears in 5 contracts

Sources: Security Agreement (Amergent Hospitality Group, Inc), Security Agreement (Amergent Hospitality Group, Inc), Security Agreement (Amergent Hospitality Group, Inc)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligations, if any, of the Security Trustee to extend credit accommodations to the Grantor, (iib) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Security Trustee and its successors, transferees, and assigns.

Appears in 4 contracts

Sources: Trust Indenture (Red Mile Entertainment Inc), Security Agreement (Red Mile Entertainment Inc), Security Agreement (Red Mile Entertainment Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment and performance in full of the Obligations, (ii) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Trustee hereunder, to the benefit of the Lender Trustee and its successors, transferees, transferees and assigns.

Appears in 4 contracts

Sources: Security Interest Pledge Agreement (Echostar DBS Corp), Escrow Security Agreement (Echostar DBS Corp), Security Agreement (Echostar DBS Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationsall Notes, (iib) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Trustee, the Noteholders, and its any participant and their respective successors, transferees, and assigns.

Appears in 4 contracts

Sources: Note Issuance and Security Agreement (Medical Capital Management Inc), Note Issuance and Security Agreement (Medical Capital Management Inc), Indenture of Trust (Medical Capital Management Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible later of (x) the payment in full of the ObligationsObligations and all other amounts payable under this Agreement and (y) the expiration or termination of the Commitment. Upon the later of the payment in full of the Obligations and all other amounts payable under this Agreement and the expiration or termination of the Commitment, (ii) be binding upon the security interest granted hereunder shall terminate and all rights to the Collateral shall revert to the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assignsParties.

Appears in 3 contracts

Sources: Security, Pledge and Guaranty Agreement (Little Switzerland Inc/De), Security, Pledge and Guaranty Agreement (Little Switzerland Inc/De), Security, Pledge and Guaranty Agreement (Little Switzerland Inc/De)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationseffect, (iib) be binding upon the Borrower each Guarantor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 3 contracts

Sources: General Security Agreement (Acura Pharmaceuticals, Inc), General Security Agreement (Acura Pharmaceuticals, Inc), General Security Agreement (Acura Pharmaceuticals, Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, Obligations and all other amounts payable under the Note; (iib) be binding upon the Borrower and Obligor, its successors and assigns assigns; and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Secured Party and its successors, transferees, transferees and assigns.

Appears in 3 contracts

Sources: Loan Agreement (Dyadic International Inc), Loan Agreement (Dyadic International Inc), Loan Agreement (Dyadic International Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain i)remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.

Appears in 3 contracts

Sources: Master Loan and Security Agreement (Aquila Biopharmaceuticals Inc), Loan Agreement (Pilot Network Services Inc), Loan Agreement (Pilot Network Services Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the Secured Obligations, (iib) be binding upon the Borrower and Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 3 contracts

Sources: Guaranty and Security Agreement (Applied Dna Sciences Inc), Security Agreement (Applied Dna Sciences Inc), Securities Purchase Agreement (Applied Dna Sciences Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, Obligations and all other amounts payable under the Note (iib) be binding upon the Borrower and Debtor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Secured Party and its successors, transferees, transferees and assigns.

Appears in 3 contracts

Sources: Security Agreement (CleanTech Biofuels, Inc.), Security Agreement (CleanTech Biofuels, Inc.), Security Agreement (World Waste Technologies Inc)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligations, if any, of the Secured Party to extend credit accommodations to the Debtor, (iib) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Secured Party and its successors, transferees, and assigns.

Appears in 2 contracts

Sources: Transition Agreement (Metron Technology N V), Transition Agreement (Fsi International Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and (a) shall (i) remain in full force and effect until the indefeasible payment Secured Obligations shall have been satisfied in full of the Obligationsfull, (iib) be binding upon the Borrower and Pledgor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Pledgee hereunder, to the benefit of the Lender Pledgee, and its respective successors, transferees, transferees and assignsassigns and for the equal and ratable benefit of the Holders of the Notes from time to time.

Appears in 2 contracts

Sources: Stock Pledge Agreement (Intcomex, Inc.), Stock Pledge Agreement (Intcomex Holdings, LLC)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible latest payment in full in cash of the ObligationsSecured Obligations (other than contingent obligations), (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Security Agreement (Building Materials Manufacturing Corp), Security Agreement (Building Materials Manufacturing Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment and performance in full of the Obligations, (ii) be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Trustee hereunder, to the benefit of the Lender Trustee and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Security Agreement (Echostar DBS Corp), Indenture (Echostar DBS Corp)

Continuing Security Interest. This Agreement shall will create a continuing security interest in the Pledged Collateral and shall will (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities and the termination of the Loan Agreement; (ii) be binding upon the Borrower and Parent, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its respective successors, transferees, transferees and permitted assigns.

Appears in 2 contracts

Sources: Securities Pledge Agreement (American BioCare, Inc.), Securities Pledge Agreement (American BioCare, Inc.)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 2 contracts

Sources: Security Agreement (Zynaxis Inc), Collateral Assignment of License Agreement (Zynaxis Inc)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Security Agreement (Bolder Technologies Corp), Security Agreement (NPR Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsNote Amount and any amounts required under Section 11, (ii) be binding upon the Borrower Pledgor and its successors and his permitted assigns and (iii) inure, together with the rights and remedies of the Lender Holder hereunder, to the benefit of the Lender Holder and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Employment Agreement (Merrimac Industries Inc), Pledge Agreement (Merrimac Industries Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, (iib) be binding upon the Borrower and its successors and assigns and (iiic) inure, together with the rights and remedies of the Issuer and Lender hereunder, to the benefit of the Issuer and Lender and its their respective successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Loan and Security Agreement (Intracel Corp), Loan and Security Agreement (Intracel Corp)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower Borrower, and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent, and its successors, transferees, and assigns.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Gigabeam Corp), General Security Agreement (Gigabeam Corp)

Continuing Security Interest. This Agreement shall create a ------------------------------ continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible payment in full (including after the date for final payment) of the ObligationsObligations and of the Loan and any other Loan Documents, (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iii) inureenure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Pledge, Escrow and Promissory Note Agreement (Sinovac Biotech LTD), Pledge, Escrow and Indemnity Agreement (Sinovac Biotech LTD)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment release of all Collateral as provided in full Section 6.1 of the ObligationsTrust Agreement, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Trustee hereunder, to the benefit of the Lender Trustee, the Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Pledge and Security Agreement (Caremark Rx Inc), Pledge and Security Agreement (Caremark Rx Inc)

Continuing Security Interest. This Agreement shall create a ------------ ----------------------------- continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible payment in full (including after the date for final payment) of the ObligationsObligations and of the Loan and any other Loan Documents, (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iii) inureenure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Sources: Pledge, Escrow and Promissory Note Agreement (Sinovac Biotech LTD), Pledge, Escrow and Indemnity Agreement (Sinovac Biotech LTD)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 2 contracts

Sources: Security Agreement (Vaxcel Inc), Collateral Assignment of License Agreement (Vaxcel Inc)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (iia) be binding upon the Borrower Debtor, its succes- [* Deleted pursuant to a request for confidential treatment] sors and its successors and assigns assigns, and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Agreement Regarding Rights to the Television Series 'Hollywood Squares' (King World Productions Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Administrative Agent and its the other Lenders and their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Credit Agreement (World Fuel Services Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full all of the ObligationsPledged Collateral has been released from the pledge and lock-up provisions pursuant to Section 7 of this Agreement, (iib) be binding upon the Borrower each Pledgor, and his or its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Buyer and its successors, transferees, successors and assigns.

Appears in 1 contract

Sources: Stock Purchase Agreement (Renaissance Solutions Inc)

Continuing Security Interest. Etc. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Secured Obligations and performance of all other obligations secured hereby; and (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender parties and its successors, transferees, the parties' successors and assigns.

Appears in 1 contract

Sources: Security Agreement (Cinemastar Luxury Theaters Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment Obligations have been paid in full of and the ObligationsLoan Agreement and the other Loan Documents have been terminated, (iib) be binding upon the Borrower each Pledgor, and its successors and assigns assigns, including, without limitation, a receiver or a trustee, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Stock Pledge Agreement (Old Evangeline Downs Capital Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsSecurity Interest Termination Date, (iib) be binding upon the Borrower each Guarantor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 1 contract

Sources: Guarantors General Security Agreement (Halsey Drug Co Inc/New)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall shall: (ia) remain in full force and effect until the indefeasible payment in full satisfaction of all obligations under the Indenture and Senior Secured Notes (the "Obligations, "); (iib) be binding upon the Borrower each Assignor, its successors, transferees and its successors and assigns and assigns; and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, and assignsthe Holders.

Appears in 1 contract

Sources: Security Agreement (Sterling Chemical Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain i)remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be ii)be binding upon the Borrower and its successors and assigns and (iii) inureiii)inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.

Appears in 1 contract

Sources: Master Loan and Security Agreement (Medimmune Inc /De)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inureinsure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (Abaxis Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and termination of the Commitments, (ii) be binding upon the Borrower and Borrower, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Agent, and its successors, transferees, successors and assigns. The Borrower's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Sources: Credit Agreement (Trion Inc)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible later of (i) the final payment in full of the Obligations, Obligations and all amounts payable under this Security Agreement and (ii) be binding upon the Borrower expiration or termination of the Credit Agreement and its successors and assigns and (iii) inure, together with the rights and remedies termination of the obligations of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assignsextend credit thereunder.

Appears in 1 contract

Sources: Security Agreement (SBS Technologies Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationsall Notes, (iib) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Trustee, the Noteholders, and its any participant and their respective successors, transferees, and assigns.

Appears in 1 contract

Sources: Note Issuance and Security Agreement (Medical Capital Management Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligation, if any, of the Creditor to extend credit accommodations to the Pledgor, (iib) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender Creditor hereunder, to the benefit of of, and be enforceable by, the Lender Creditor and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Pledge Agreement (Life Usa Holding Inc /Mn/)

Continuing Security Interest. This Agreement shall will create a continuing security interest in the Pledged Collateral and shall will (i) remain in full force and effect until the indefeasible payment all Liabilities (other than contingent indemnification obligations) are indefeasibly paid in full and the termination of the Obligations, Loan Agreement; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its respective successors, transferees, transferees and permitted assigns.

Appears in 1 contract

Sources: Loan and Security Agreement (Hightimes Holding Corp.)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, (iib) be binding upon the Borrower Guarantor and its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (Futurelink Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) all Secured Obligations be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Secured Parties hereunder, to the benefit of the Lender Secured Parties and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Asset Purchase Agreement (Divine Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment release of all Collateral as provided in full of the Obligations, Section 3 (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inureenure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent, the Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Pledge and Security Agreement (Perry Ellis International Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible first to occur of (x) the payment and performance in full of the ObligationsObligations and (y) the termination of the Escrow Agreement, (ii) be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Escrow Security Agreement (Chiles Magellan LLC)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsGuaranteed Obligations and termination of the Commitments, (ii) be binding upon the Borrower and Guarantor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Agent, and its successors, transferees, successors and assigns. The Guarantor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Sources: Credit Agreement (Trion Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in and continuing pledge and assignment by way of security of, the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the ObligationsSecured Obligations (other than contingent indemnification obligations as to which no claim has been asserted, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (Axalta Coating Systems Ltd.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full in cash of the ObligationsSecured Obligations and the irrevocable termination of the Credit Agreement, (ii) and be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (BOSTON OMAHA Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible later of (i) the payment in full of the ObligationsObligations and all other amounts payable under the Loan Documents and (ii) the Termination Date, (iib) be binding upon the Borrower and Pledgor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Pledgee and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Employment Agreement (Pathmark Stores Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment and satisfaction in full of the all Obligations, (ii) be binding upon the Borrower and its successors Borr▇▇▇▇'▇ ▇uccessors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.. Lender shall deliver to

Appears in 1 contract

Sources: Demand Business Loan Note (Wendt Bristol Health Services Corp)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i1) remain in full force and effect until the indefeasible payment in full of all of the ObligationsBorrower's Obligations (after the later of the Capital Expenditure Loan Commitment Termination Date or the Working Capital Loan Commitment Termination Date), (ii2) be binding upon each of the Borrower Borrower, the Collateral Agent and its the Lenders and their respective successors and assigns assigns, and (iiit3) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Collateral Agent and its the Lenders and their respective successors, transferees, transferees and permitted assigns.

Appears in 1 contract

Sources: Security Agreement (JLM Industries Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Custody Account Pledge Agreement (MVC Capital, Inc.)

Continuing Security Interest. This Agreement shall create creates a ---------------------------- continuing security interest in the Collateral Account Proceeds and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its each of them and their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Loan Agreement (Ps Group Holdings Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall shall: (i) subject to the provisions of Section 1.B above, remain in full force and effect until the indefeasible payment in full of the Obligations, Secured Obligation; (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.binding

Appears in 1 contract

Sources: Stock Pledge and Security Agreement (Zixit Corp)

Continuing Security Interest. This The Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations owing by Borrower, (ii) be binding upon the Borrower Borrower, and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its successors, transferees, successors and assigns.

Appears in 1 contract

Sources: Security Agreement (Halsey Drug Co Inc/New)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Collateral and shall shall: (ia) remain in full force and effect until the indefeasible payment all Secured Obligations have been paid in full of the Obligationsfull, (iib) be binding upon the Borrower and Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Secured Parties hereunder, to the benefit of the Lender Secured Parties and its their respective permitted successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Debt Collateral Agency and Security Agreement (Imperial Credit Industries Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral Shares and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and of the Loan and any other Loan Documents, (ii) be binding upon the Borrower and its successors and assigns assigns, and (iii) inureenure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Promissory Note and Escrow Agreement (Magnus International Resources, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the termination of any commitment by the Lender with respect thereto, (iib) be binding upon the Borrower Pledgor, the Pledgor’s successors, transferees and its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Securities Purchase Agreement (Liquidmetal Technologies Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall shall: (ia) remain Remain in full force and effect until the indefeasible payment in full of the all Obligations, ; and/or; (iib) be binding upon the Borrower and Pledgor, its successors and assigns and respective heirs, administrators or other personal representatives; and (iiic) inure, together with the rights and remedies of the Lender Beneficiary hereunder, to the benefit of the Lender Beneficiary and its successors, heirs, transferees, personal representatives and assigns.

Appears in 1 contract

Sources: Stock Pledge Agreement (Alzamend Neuro, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Secured Obligations, (iib) be binding upon the Borrower and its Pledgor, his successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party and its respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Pledge and Security Agreement (Designs Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall shall: (ia) remain in full force and effect until the indefeasible full and complete and final payment in full of all of the Obligations, Secured Obligations in cash under the terms of the Securities Purchase Agreement; (iib) be binding upon the Borrower each Pledgor and its successors successors, transferees and assigns and assigns; and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent and the other Secured Parties hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, and assignsthe other Secured Parties.

Appears in 1 contract

Sources: Pledge Agreement (ZaZa Energy Corp)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower Company and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender Holders hereunder, to the benefit of the Lender Holders and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (Streicher Mobile Fueling Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationseffect, (iib) be binding upon the Borrower Guarantor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 1 contract

Sources: Guarantor General Security Agreement (Acura Pharmaceuticals, Inc)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and each Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Secured Party, the Lenders and its successors, transfereesthe Swingline Lender, and their respective successors and assigns. A Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Sources: Credit Agreement (Physicians Specialty Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall shall: (ia) remain in full force and effect until the indefeasible payment in full satisfaction of all obligations of the Grantors under the Indenture, the Security Documents and the Notes (collectively, the "Obligations, "); (iib) be binding upon the Borrower Grantors, their successors, transferees and its successors and assigns and assigns; and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent, the Trustee and its successors, transferees, and assignsthe Holders.

Appears in 1 contract

Sources: Security Agreement (Elizabeth Arden Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Agent, Lender and its their successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Securities Pledge Agreement (Medical Technology Systems Inc /De/)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the later of the indefeasible cash payment in full of the ObligationsSecured Obligations and the Termination Date, (iib) be binding upon the Borrower and Borrower, its successors and assigns and (iiic) inure, together with the rights and remedies of the Collateral Agent on behalf of Lender Group hereunder, to the benefit of the Collateral Agent and Lender Group, and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Loan Agreement (Naturade Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsSecured Obligations and the termination of any commitment by Lender with respect thereto, (iib) be binding upon the Borrower each Pledgor, each Pledgor’s successors, transferees and its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Pledge and Security Agreement (National Tax Credit Investors Ii)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full in cash of all the ObligationsSecured Obligations (other than contingent obligations to the extent no claims giving rise thereto have been asserted by the Person entitled thereto), (ii) and be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Agent hereunder, to the benefit of the Lender Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Pledge and Security Agreement (theMaven, Inc.)

Continuing Security Interest. This Agreement shall will create a continuing security interest in the Pledged Collateral and shall will (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities and the termination of the Agreement; (ii) be binding upon the Borrower and Parent, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Allezoe and its respective successors, transferees, transferees and permitted assigns.

Appears in 1 contract

Sources: Securities Pledge Agreement (Allezoe Medical Holdings Inc)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall shall: (ia) remain in full force and effect until the indefeasible payment Agent’s interest in full of the Obligations, Collateral shall have been released in accordance with Article VI hereof; (iib) be binding upon the Borrower Borrower, its successors, transferees and its successors and assigns and assigns; and (iiic) inure, together with the rights and remedies of the Lender Agent hereunder, to the benefit of the Lender Agent and its each Secured Party and their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (Aspen Technology Inc /De/)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment Obligations have been paid in full and the Loan Agreement, the other Loan Documents, and the Commitments of the ObligationsLender Group have been terminated, (iib) be binding upon the Borrower Pledgor, and its successors and assigns assigns, including, without limitation, a receiver or a trustee, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Stock Pledge Agreement (World Airways Inc /De/)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall shall: (ia) remain in full force and effect until the indefeasible full, complete and final payment in full of the Obligations, Secured Obligations and the termination of all commitments of the Lender under the Loan Documents to extend further credit; (iib) be binding upon the Borrower each Pledgor and its successors respective successors, transferees and assigns and assigns; and (iiic) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assignsLender.

Appears in 1 contract

Sources: Credit Agreement (Microsemi Corp)

Continuing Security Interest. This Agreement shall create a continuing first priority security interest in the Collateral Collateral, and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.Secured

Appears in 1 contract

Sources: Security Agreement (Bunge LTD)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible latest of (i) the payment in full in cash of the ObligationsSecured Obligations and (ii) October 1, 2021, (iib) be binding upon the Borrower and each Pledgor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Trustee hereunder, to the benefit of the Lender holders of Junior Lien Obligations and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Junior Lien Pledge Agreement (Energy Future Holdings Corp /TX/)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i1) remain in full force and effect until the indefeasible payment in full of all of the Obligationsobligations, (ii2) be binding upon the Borrower each of Borrower, Lender and its their respective successors and assigns assigns, and (iii3) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its respective successors, transferees, transferees and permitted assigns.

Appears in 1 contract

Sources: Security Agreement (Associated Business & Commerce Insurance Corp)

Continuing Security Interest. This Agreement shall create a continuing second priority security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the Secured Obligations, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Second Priority Notes Collateral Agent hereunder, to the benefit of the Lender Second Priority Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Second Priority Notes Security Agreement (Hollinger Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) shall remain in full force and effect until payment of the indefeasible payment Indebtedness in full of the Obligationsin cash, (ii) shall be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, shall inure to the benefit of the Lender and its successors, transferees, and assignsPledgee.

Appears in 1 contract

Sources: Securities Pledge Agreement (Keystone Consolidated Industries Inc)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Lender, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Sources: Credit Agreement (Physicians Specialty Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of all of the Secured Obligations, (iib) be binding upon the Borrower and its successors and assigns his assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunderCompany under this Agreement, to the benefit of and be enforceable by the Lender Company and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Contribution and Exchange Agreement (Dynacs Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible final payment in full of the ObligationsObligations and all amounts payable under this Agreement, (iib) be binding upon the Borrower Debtor, its successors, and its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and be enforceable by Agent and its successors, transferees, and assigns.

Appears in 1 contract

Sources: Security Agreement (Star Telecommunications Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the later of the indefeasible cash payment in full of the ObligationsSecured Obligations and the Termination Date, (iib) be binding upon the Borrower and Borrower, its successors and assigns and (iiic) inure, together with the rights and remedies of the Collateral Agent on behalf of the Lender Group hereunder, to the benefit of the Collateral Agent and the Lender Group, and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Loan Agreement (Naturade Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and each Guarantor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Lender, and its successors, transferees, and assigns.successors and

Appears in 1 contract

Sources: Credit Agreement (Medirisk Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the Secured Obligations, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (Hollinger Inc)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full satisfaction of the Obligations, Obligations (iiother than contingent obligations for which no claim has been asserted); (b) be binding upon the Borrower Grantor and its successors and assigns assigns; and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender of, and be enforceable by, Secured Party and its successors, transferees, successors and assigns.

Appears in 1 contract

Sources: Stock Purchase Agreement (LIVE VENTURES Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, Obligations and all other amounts payable under the Loan Documents (iib) be binding upon the Borrower and Pledgor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Pledgee and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Pledge, Assignment and Security Agreement (Coach Inc)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.

Appears in 1 contract

Sources: Pledge Agreement (Polyphase Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible earlier of (x) the payment and performance in full of the ObligationsObligations and (y) the termination of the Interest Escrow Agreement, (ii) be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Escrow Security Agreement (Digital Television Services of Kansas LLC)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible payment in full (including after the date for final payment) of the ObligationsObligations and of the Loan and any other Loan Documents, (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iii) inureenure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Pledge and Escrow Agreement (Pure Play Media Holdings, Inc.)

Continuing Security Interest. This Agreement shall will create a ---------------------------- continuing security interest in the Collateral and shall will (i) remain in full force and effect until the indefeasible payment or performance in full of the Secured Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Creditor and its respective successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Security Agreement (Paladyne Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Sources: Security Agreement (Vaxcel Inc)

Continuing Security Interest. This Agreement shall shall, create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.

Appears in 1 contract

Sources: Master Loan and Security Agreement (Nanogen Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsSecurity Interest Termination Date, (iib) be binding upon the Borrower Debtor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 1 contract

Sources: Company General Security Agreement (Halsey Drug Co Inc/New)

Continuing Security Interest. This Agreement shall create creates a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsTermination Date, (ii) and shall be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Sources: Indenture (Grupo Aeromexico, S.A.B. De C.V.)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Sources: Security Agreement (Zynaxis Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment of all Securities (or release of certain Collateral upon sale as described in full of the ObligationsSection 16.04), (iib) be binding upon the Borrower and Company, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Trustee, the Holders, and its any participant and their respective successors, transferees, and assigns.

Appears in 1 contract

Sources: Indenture (Terra Capital Group)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral Collateral, and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations owing by the Debtor, (ii) be binding upon the Borrower Debtor, and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Parties and its successors, transferees, their successors and assigns.

Appears in 1 contract

Sources: General Security Agreement (Halsey Drug Co Inc/New)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall shall: (ia) remain in full force and effect until the indefeasible earlier of (i) the release of funds in the Collateral Account as provided in Section 2.3 of this Agreement and (ii) payment in full in cash of the all Obligations, , (iib) be binding upon the Borrower Pledgor, its successors, transferees and its successors and assigns and assigns, and (iiic) inure, together with the rights and remedies of the Lender Agent hereunder, to the benefit of the Lender and its successors, transferees, and assignsAgent acting on behalf of the Lenders.

Appears in 1 contract

Sources: Cash Collateral Agreement (Unitedglobalcom Inc)

Continuing Security Interest. This Subject to Section 8.06, this Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the earlier of the indefeasible payment in full in cash of the ObligationsSecured Obligations then outstanding to the Secured Parties, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, permitted transferees and permitted assigns...

Appears in 1 contract

Sources: Term Loan Security Agreement (AerCap Holdings N.V.)