Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration or otherwise, of the Secured Obligations, each Borrower hereby grants to the Agent, for the benefit of the Lenders, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Borrower in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the "Collateral"): (a) all Accounts; (b) all Chattel Paper; (c) all Copyrights; (d) all Copyright Licenses; (e) all Deposit Accounts, including, without limitation, all Lockbox Accounts, the FUCC Account and any replacement or successor accounts relating thereto; (f) all Documents; (g) all Equipment; (h) all Fixtures; (i) all General Intangibles, including, without limitation, all rights under the Contracts; (j) all Instruments; (k) all Inventory; (l) all Patents; (m) all Patent Licenses; (n) all Trademarks; (o) all Trademark Licenses; (p) all Insurance Policies; (q) all books, records, ledger cards, files, correspondence, computer programs, tapes, disks, and related data processing software (owned by such Borrower or in which it has an interest) that at any time evidence or contain information relating to any Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon; (r) to the extent not otherwise included, all other personal property of such Borrower; and (s) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing.
Appears in 1 contract
Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration or otherwise, of the Secured Obligations, each Borrower Obligor hereby grants to the Agent, for the benefit of the LendersSecured Parties, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Borrower Obligor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the "Collateral"):
(a) all Accounts;
(b) all Chattel Paper;
(c) all Copyrights;
(d) all Copyright Licenses;
(e) all Deposit Accounts, including, without limitation, all Lockbox Accounts, the FUCC Account and any replacement or successor accounts relating thereto;
(f) all Documents;
(g) all Equipment;
(h) all Fixtures;
(i) all General Intangibles, including, without limitation, all rights under the Contracts;
(j) all Instruments;
(k) all InventoryInvestment Property;
(l) all Inventory;
(m) all Patents;
(mn) all Patent Licenses;
(no) all Trademarks;
(op) all Trademark Licenses;
(p) all Insurance Policies;
(q) all books, records, ledger cards, files, correspondence, computer programs, tapes, disks, and related data processing software (owned by such Borrower Obligor or in which it has an interest) that at any time evidence or contain information relating to any Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon;
(r) to the extent not otherwise included, all other personal property of such BorrowerObligor; and
(s) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing.
Appears in 1 contract
Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration or otherwise, of the Secured Obligations, each Borrower Grantor hereby grants to the Collateral Agent, for the benefit of the Lendersholders of the Secured Obligations, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Borrower Grantor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the "Collateral"):
(a) all Accounts;
(b) all Chattel Papercash and Cash Equivalents maintained on deposit with the Collateral Agent;
(c) all Chattel Paper;
(d) all Copyrights;
(de) all Copyright Licenses;
(ef) all Deposit Accounts, including, without limitation, all Lockbox Accounts, the FUCC Account and any replacement or successor accounts relating thereto;
(fg) all Documents;
(gh) all Equipment;
(hi) all Fixtures;
(ij) all General Intangibles, including, without limitation, all rights under the Contracts;
(jk) all Instruments;
(kl) all Inventory;
(lm) all Investment Property;
(n) all Patents;
(mo) all Patent Licenses;
(np) all Trademarks;
(oq) all Trademark Licenses;
(p) all Insurance Policies;
(qr) all books, records, ledger cards, files, correspondence, computer programs, tapes, disks, and related data processing software (owned by such Borrower Grantor or in which it has an interest) that at any time evidence or contain information relating to any Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon;
(r) to the extent not otherwise included, all other personal property of such Borrower; and
(s) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing. The Grantors and the Collateral Agent, on behalf of the holders of the Secured Obligations, hereby acknowledge and agree that the security interest created hereby in the Collateral (i) constitutes continuing collateral security for all of the Secured Obligations, whether now existing or hereafter arising and (ii) is not to be construed as an assignment of any Copyrights, Copyright Licenses, Patents, Patent Licenses, Trademarks or Trademark Licenses.
Appears in 1 contract
Grant of Security Interest in the Collateral. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration or otherwise, of the Secured Obligations, each Borrower Obligor hereby grants to the Agent, for the benefit of the Lenders, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Borrower Obligor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the "Collateral"):
(a) all Accounts;
(b) all Chattel Paper;
(c) all CopyrightsDeposit Accounts;
(d) all Copyright LicensesDocuments;
(e) all Deposit Accounts, including, without limitation, all Lockbox Accounts, the FUCC Account and any replacement or successor accounts relating theretoGeneral Intangibles;
(f) all DocumentsInstruments;
(g) all EquipmentInventory;
(h) all FixturesTrademarks;
(i) all General Intangibles, including, without limitation, all rights under the Contracts;
(j) all Instruments;
(k) all Inventory;
(l) all Patents;
(m) all Patent Licenses;
(n) all Trademarks;
(o) all Trademark Licenses;
(p) all Insurance Policies;
(qj) all books, records, ledger cards, files, correspondence, computer programs, tapes, disks, and related data processing software (owned by such Borrower Obligor or in which it has an interest) that at any time evidence or contain information relating to any Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon;
(rk) to all contract rights under the extent not otherwise included, all other personal property of such BorrowerFactoring Agreements; and
(sl) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing. The Obligors and the Agent, on behalf of the Lenders, hereby acknowledge and agree that the security interest created hereby in the Collateral (i) constitutes continuing collateral security for all of the Secured Obligations, whether now existing or hereafter arising and (ii) is not to be construed as an assignment of any Trademarks or Trademark Licenses.
Appears in 1 contract
Sources: Credit Agreement (Delta Woodside Industries Inc /Sc/)
Grant of Security Interest in the Collateral. To secure the prompt -------------------------------------------- payment and performance in full when due, whether by lapse of time, acceleration or otherwise, of the Secured Obligations, each Borrower Obligor hereby grants to the Agent, for the benefit of the Lenders, a continuing security interest in, and a right to set off against, any and all right, title and interest of such Borrower Obligor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the "Collateral"):): ----------
(a) all Accounts;
(b) all Chattel Paper;
(c) all Copyrights;
(d) all Copyright Licenses;
(e) all Deposit Accounts, including, without limitation, all Lockbox Accounts, the FUCC Account and any replacement or successor accounts relating thereto;
(f) all Documents;
(g) all Equipment;
(h) all Fixtures;
(i) all General Intangibles, including, without limitation, all rights under the Contracts;
(j) all Instruments;
(k) all Inventory;
(l) all Investment Property
(m) all Patents;
(mn) all Patent Licenses;
(no) all Trademarks;
(op) all Trademark Licenses;
(pq) all Insurance Policies;
(qr) all books, records, ledger cards, files, correspondence, computer programs, tapes, disks, and related data processing software (owned by such Borrower Obligor or in which it has an interest) that at any time evidence or contain information relating to any Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon;
(rs) to the extent not otherwise included, all other personal property of such BorrowerObligor; and
(st) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing.
Appears in 1 contract
Sources: Security Agreement (National Equipment Services Inc)