Common use of Grant of Security Interest in the Collateral; Obligations Secured Clause in Contracts

Grant of Security Interest in the Collateral; Obligations Secured. (a) Each Debtor hereby grants to the Agent for the benefit of the Secured Creditors a lien on and security interest in, and right of set-off against, and acknowledges and agrees that the Agent has and shall continue to have for the benefit of the Secured Creditors a continuing lien on and security interest in, and right of set-off against, any and all right, title and interest of each Debtor, whether now owned or existing or hereafter created, acquired or arising, in and to the following:

Appears in 4 contracts

Sources: Security Agreement (Sycamore Park Convalescent Hospital), Credit Agreement (Mississippi Chemical Corp /MS/), Security Agreement (Mississippi Chemical Corp /MS/)

Grant of Security Interest in the Collateral; Obligations Secured. (a) Each Debtor hereby grants to the Agent for the benefit of itself and the Secured Creditors other Lenders a lien on and security interest in, and right of set-off against, and acknowledges and agrees that the Agent has and shall continue to have for the benefit of itself and the Secured Creditors other Lenders a continuing lien on and security interest in, and right of set-off against, any and all right, title and interest of each Debtor, whether now owned or existing or hereafter created, acquired or arising, in and to the following:

Appears in 2 contracts

Sources: Security Agreement (Seminis Inc), Security Agreement (Everest One Ipa Inc)

Grant of Security Interest in the Collateral; Obligations Secured. (a) Each Debtor hereby grants to the Agent for the benefit of the Secured Creditors Lenders a lien on and security interest in, in and right of set-off against, and acknowledges and agrees that the Agent has and shall continue to have for the benefit of the Secured Creditors Lenders a continuing lien on and security interest in, in and right of set-off against, any and all right, title and interest of each Debtor, whether now owned or existing or hereafter created, acquired or arising, in and to the following:

Appears in 2 contracts

Sources: Security Agreement (Lasalle Partners Inc), Supporting Subsidiary Security Agreement (Lasalle Partners Inc)

Grant of Security Interest in the Collateral; Obligations Secured. (a) Each The Debtor hereby pledges and grants to the Agent for the benefit of the Secured Creditors Lender a lien on and security interest in, and right of set-off against, and acknowledges and agrees that the Agent Lender has and shall continue to have for the benefit of the Secured Creditors a continuing lien on and security interest in, and right of set-off against, any and all right, title and interest of each the Debtor, whether now owned or existing or hereafter created, acquired or arising, in and to the following:

Appears in 1 contract

Sources: Loan Agreement (Security Capital Corp/De/)

Grant of Security Interest in the Collateral; Obligations Secured. (a) Each Debtor hereby grants to the Agent Agent, for the ratable benefit of the Secured Creditors Creditors, a lien on and security interest in, and right of set-off against, and acknowledges and agrees that the Agent has and shall continue to have have, for the ratable benefit of the Secured Creditors Creditors, a continuing lien on and security interest in, and right of set-off against, any and all right, title and interest of each Debtor, whether now owned or existing or hereafter created, acquired or arising, in and to the following:

Appears in 1 contract

Sources: Credit Agreement (Apogee Enterprises Inc)

Grant of Security Interest in the Collateral; Obligations Secured. (a) Each Debtor hereby grants to the Agent for the benefit of the Secured Creditors a lien on and security interest in, and right of set-off against, and acknowledges and agrees that the Agent has and shall continue to have for the benefit of the Secured Creditors a continuing lien on and security interest in, and right of set-off against, any and all right, title and interest of each Debtor, whether now owned or existing or hereafter created, acquired or arising, in and to the following:

Appears in 1 contract

Sources: Security Agreement (Eagle Picher Holdings Inc)

Grant of Security Interest in the Collateral; Obligations Secured. (a) Each The Debtor hereby hereby: (1) mortgages, pledges and grants to the Agent for the benefit of the Secured Creditors Lender a lien on and security interest in, and right of set-off against, and acknowledges and agrees that the Agent Lender has and shall continue to have for the benefit of the Secured Creditors a continuing lien on and security interest in, and right of set-off against, any and all right, title and interest of each the Debtor, whether now owned or existing or hereafter created, acquired or arising, in and to the following:

Appears in 1 contract

Sources: Loan Agreement (Security Capital Corp/De/)