Common use of Assignment and Grant of Security Interest Clause in Contracts

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the Indebtedness, the undersigned hereby assigns to, and pledges and grants to Administrative Agent, for the benefit of the Secured Parties, a security interest in the entire right, title, and interest of the undersigned in and to all Collateral, whether now or hereafter existing, owned, arising or acquired.

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the IndebtednessObligations, the undersigned hereby assigns to, and pledges and grants to Administrative AgentSecured Creditor, for it and the benefit of the Secured Parties, a security interest in the entire right, title, and interest of the undersigned in and to all Collateral, whether now or hereafter existing, owned, arising or acquired.

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the IndebtednessObligations, the undersigned hereby assigns to, and pledges and grants to Administrative AgentSecured Party, for the benefit of the Secured PartiesCreditors, a security interest in the entire right, title, and interest of the undersigned in and to all Collateral, whether now or hereafter existing, owned, arising or acquired.

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the IndebtednessSecured Obligations, the undersigned hereby assigns to, and pledges and grants to Administrative AgentSecured Party, for the benefit of the Secured Partieseach Creditor, a security interest in the entire right, title, and interest of the undersigned in and to all Collateral, whether now or hereafter existing, owned, arising or acquired.

Assignment and Grant of Security Interest. As security for the payment and performance, as the case may be, in full of the IndebtednessObligations, the undersigned hereby assigns to, and pledges and grants to Administrative Agent, for it and the benefit of the Secured Parties, a security interest in the entire right, title, and interest of the undersigned in and to all Collateral, whether now or hereafter existing, owned, arising or acquired.