Common use of Rights in Property Clause in Contracts

Rights in Property. of the Borrower and Guarantors. As further security for the prompt satisfaction of all Obligations and all Guaranties of the Obligations, the Borrower and each Guarantor hereby collaterally assign to the Agent for the benefit of the Banks all of their respective right, title and interest in and to, and grant the Banks a lien upon and security interest in, all of the following, wherever located, whether now owned or hereafter acquired, together with all substitutions, replacements, improvements, accessions or appurtenances thereto, and proceeds (including without limitation insurance proceeds) thereof: (A) Accounts; (B) Chattel Paper; (C) Documents; (D) Equipment; (E) Fixtures; (F) General Intangibles; (G) Instruments; (H) Inventory; (I) The Pledged Stock; and (J) All Records pertaining thereto or to any other Collateral.