Security Interests Granted Clause Samples

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Security Interests Granted. Except as set forth on Disclosure Schedule 4(b). There are no security interests granted, issued or allowed to exist in any assets of the Company or subsidiary.
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Security Interests Granted. There are no security interests granted, issued, or allowed to exist in any assets of the Company or subsidiary.
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Security Interests Granted. This Security Agreement constitutes a renewal and restatement of, and a replacement and substitution, for that certain Security Agreement, dated October 21, 2004, executed by Debtors (other than Borrower) and Lender. The security interests granted therein are continuing and nothing herein shall be deemed to release or otherwise adversely affect any security interest securing any of the Obligations or any rights the Bank may have against any guarantor, surety or other party primarily or secondarily liable for the Obligations.
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Related to Security Interests Granted

  • Security Interest (i) In the event that the transfer by the Transferor to the Retention Holder of any Conveyed Collateral is determined not to be an absolute transfer, this Agreement is effective to create in favor of the Retention Holder a valid and continuing security interest (as defined in the UCC) in all of the right, title and interest of the Transferor in, to and under such Conveyed Collateral, which security interest is perfected and is prior to all other liens (other than Permitted Liens), and is enforceable as such against, all creditors of and purchasers from the Transferor. (ii) Each Collateral Obligation conveyed hereunder constitutes or is evidenced by a Financial Asset, an Instrument, a Certificated Security or a general intangible (as defined in the UCC). (iii) The Transferor, at the time of and before giving effect to each conveyance of Conveyed Collateral hereunder, owns or will own such Conveyed Collateral free and clear of any lien, claim or encumbrance of any Person (other than Permitted Liens and any security interest therein which will be released contemporaneously with the conveyance of such Conveyed Collateral hereunder), and, upon the conveyance by the Transferor to the Retention Holder of any Conveyed Collateral pursuant to this Agreement or any Subsequent Transfer Agreement, the Retention Holder will own such Conveyed Collateral free and clear of any and all liens, claims or encumbrances created by, or attaching to property of, the Transferor (other than Permitted Liens). (iv) The Transferor, at the time of and before giving effect to each conveyance of Conveyed Collateral hereunder, has received or will have received all consents and approvals required by the terms of any Conveyed Collateral to the conveyance of such Conveyed Collateral hereunder to the Retention Holder. (v) The Transferor, at the time of and before giving effect to each conveyance of Conveyed Collateral hereunder, has caused or will cause the filing of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law in order to perfect the security interest in such Conveyed Collateral granted to the Retention Holder under this Agreement to the extent perfection can be achieved by filing a financing statement. (vi) Other than the conveyance to the Retention Holder and the security interest granted to the Retention Holder pursuant to this Agreement (and any security interest therein which will be released contemporaneously with the conveyance of such Conveyed Collateral hereunder), the Transferor has not pledged, assigned, sold, granted a security interest in or otherwise conveyed any of such Conveyed Collateral. The Transferor has not authorized the filing of, and is not aware of, any financing statements against the Transferor that include a description of collateral covering such Conveyed Collateral other than (1) any financing statement relating to the security interest Granted to the Retention Holder under this Agreement, (2) any financing statement that has been, or that at the time of the conveyance of such Collateral Obligation will have been, terminated in its entirety or, if necessary, amended to release such Conveyed Collateral and (3) any financing statement that has been filed to perfect a security interest which will be released contemporaneously with the conveyance of such Conveyed Collateral hereunder. The Transferor is not aware of the filing of any judgment, employee benefit or tax lien filings against it. (vii) On or prior to the Closing Date (with respect to the Initial Collateral Obligations) and within five (5) Business Days after the related Settlement Date (with respect to any Subsequent Conveyed Collateral), copies (or originals, if required by the definition of “Required Loan Documents”) of the Required Loan Documents have been delivered to the Custodian. (viii) None of the Underlying Notes that constitute or evidence the Conveyed Collateral has any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Retention Holder, the Issuer or in blank or to the Trustee.