Common use of Supporting Obligations Clause in Contracts

Supporting Obligations. All supporting obligations of such Subsidiary, including, without limitation, letters of credit and guaranties issued in support of Accounts, Chattel Paper, Documents, General Intangibles, Instruments, or Investment Property (the “Supporting Obligations”); and All proceeds of any of the above, and all proceeds of any loss of, damage to or destruction of the above, whether insured or not insured, and all other proceeds of any sale, lease or other disposition of any property or interest therein referred to above including, without limitation, the proceeds from the sale of any License, together with all proceeds of any policies of insurance covering any or all of the above, the proceeds of any award in condemnation with respect to any of the property of such Subsidiary, any rebates or refunds, whether for taxes or otherwise, together with all proceeds of any such proceeds (the “Proceeds”). This Agreement and the Security Interest secure the payment of all the Guarantied Obligations (as defined in that certain Subsidiary Guaranty of even date herewith given by each Subsidiary for the benefit of the Secured Parties, and any extensions, renewals or amendments thereto).

Supporting Obligations. All supporting obligations of such Subsidiarythe Borrower, including, without limitation, letters of credit and guaranties issued in support of Accounts, Chattel Paper, Documents, General Intangibles, Instruments, or Investment Property (the “Supporting Obligations”); and All proceeds of any of the above, and all proceeds of any loss of, damage to or destruction of the above, whether insured or not insured, and all other proceeds of any sale, lease or other disposition of any property (or interest therein therein) referred to above (including, without limitation, the proceeds from the sale of any License), together with all proceeds of any policies of insurance covering any or all of the above, the proceeds of any award in condemnation with respect to any of the property of such Subsidiarythe Borrower, any rebates or refunds, whether for taxes or otherwise, together with all proceeds of any such proceeds (the “Proceeds”). This Agreement and the Security Interest secure the payment of all the Guarantied Obligations (as defined in that certain Subsidiary Guaranty of even date herewith given by each Subsidiary for collectively, the benefit of the “Secured Parties, and any extensions, renewals or amendments theretoObligations”).