Assignment, Pledge and Grant of Security Interest. (a) As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor hereby assigns, pledges, and grants to the Collateral Trustee for the benefit of the Secured Parties a lien on and continuing security interest in all of such Grantor’s right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by such Grantor and wherever located and whether now or hereafter existing or arising (collectively, the “Collateral”):
(i) all Contracts, all Contract Rights, Contract Documents and Accounts associated with such Contracts and each and every document granting security to such Grantor under any such Contract;
(ii) all Accounts;
(iii) all Inventory;
(iv) all Equipment;
(v) all General Intangibles;
(vi) all Investment Property;
(vii) all Fixtures;
(viii) all Cash Collateral;
(ix) any Legal Requirements now or hereafter held by such Grantor (except that any Legal Requirement which would by its terms or under applicable law become void, voidable, terminable or revocable by being subjected to the Lien of this Security Agreement or in which a Lien is not permitted to be granted under applicable law, is hereby excluded from such Lien to the extent necessary so as to avoid such voidness, voidability, terminability or revocability);
(x) any right to receive a payment under any Hedge Contract in connection with a termination thereof;
(xi) (A) all policies of insurance and Insurance Contracts, now or hereafter held by or on behalf of such Grantor, including casualty and liability, business interruption, and any title insurance, (B) all Proceeds of insurance, and (C) all rights, now or hereafter held by such Grantor to any warranties of any manufacturer or contractor of any other Person;
(xii) any and all liens and security interests (together with the documents evidencing such security interests) granted to such Grantor by an obligor to secure such obligor’s obligations owing under any Instrument, Chattel Paper, or Contract which is pledged hereunder or with respect to which a security interest in such Grantor’s rights in such Instrument, Chattel Paper, or Contract is granted hereunder;
(xiii) any and all guaranties given by any Person for the benefit of such Grantor which guarantees the obligations of an obligor under any Instrument, Chattel Paper or Contract, which are pledged hereunder;
(xiv) without limiting the generality of the foregoing, all other ...
Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor hereby assigns, pledges, and grants to the Administrative Agent for the benefit of the Secured Parties a lien on and continuing security interest in all of such Grantor’s right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by such Grantor and wherever located and whether now owned or hereafter existing or arising (collectively, the “Collateral”):
Assignment, Pledge and Grant of Security Interest. To secure the timely payment and performance of the Obligations, Pledgor hereby assigns and pledges to Trustee, for the equal and ratable benefit of the Noteholders, and grants to Trustee, for the equal and ratable benefit of the Noteholders, a security interest in all the estate, right, title and interest of Pledgor in and to the Stock, whether now owned or hereafter acquired, and all proceeds thereof and any income, dividends, gain, profit, loss or other items received or receivable by Pledgor in connection with the Stock (collectively, the "Collateral"). During the term of this Agreement and other than after the occurrence and during the continuance of a Default or an Event of Default, the Pledgor shall be entitled to receive any principal, interest, dividends and other income payable on or with respect to the Stock.
Assignment, Pledge and Grant of Security Interest. 2.1 To secure the timely payment and performance of the Obligations (as defined in Section 3 hereof) Owner does hereby assign, grant and pledge to, and subject to a security interest in favor of, Administrative Agent, on behalf of and for the benefit of Administrative Agent and the Banks, all the estate, right, title and interest of Owner, whether now owned or hereafter acquired, in, to and under:
2.1.1 The following agreements and documents, as amended from time to time (individually, an "Assigned Agreement," and collectively, the "Assigned Agreements") and all of Owner's rights thereunder:
(a) all Project Documents and Turbine Purchase Contracts with respect to which Owner is or may become a party from time to time;
(b) the insurance policies maintained or required to be maintained by Owner or any other Person under any Operative Document; and
(c) all amendments, supplements, substitutions and renewals to any of the aforesaid agreements.
2.1.2 the Portfolio Entity Notes from each Project Owner and Turbine Owner (collectively, the "Project/Turbine Owner Portfolio Entity Notes");
2.1.3 all other personal property and fixtures of Owner, including without limitation personal property and fixtures relating to any Project or Turbine, whether now owned or existing or hereafter acquired or arising, or in which Owner may have an interest, and 2 397 wheresoever located, whether or not of a type which may be subject to a security interest under the UCC, including without limitation all machinery, tools, engines, turbines (including combustion turbines and steam turbine generators), boilers, fuel storage tanks, control equipment, appliances, mechanical and electrical systems, elevators, lighting, alarm systems, fire control systems, furnishings, furniture, as-extracted collateral, equipment, service equipment, motor vehicles, building or maintenance equipment, building or maintenance materials, pipes and pipelines supplies, goods and property covered by any warehouse receipts or bills of lading or other such documents, spare parts, maps, plans, specifications, architectural, engineering, construction or shop drawings, manuals or similar documents, copyrights, trademarks and trade names, and any replacements, renewals or substitutions for any of the foregoing or additional tangible or intangible personal property hereafter acquired by Owner;
2.1.4 all goods, money, instruments, investment securities, investment property, accounts, contract rights, commercial tort cla...
Assignment, Pledge and Grant of Security Interest. To secure the timely payment and performance of the Obligations (as defined in Section 3 hereof), except as provided in Section 2.5, Borrower does hereby assign, grant and pledge to, and subject to a security interest in favor of, Administrative Agent, on behalf of and for the benefit of Administrative Agent and the Banks, all the estate, right, title and interest of Borrower, whether now owned or hereafter acquired, in, to and under:
Assignment, Pledge and Grant of Security Interest. (a) To secure the timely payment and performance of the Obligations (as defined below), Assignor does hereby assign and pledge to the Agent for the benefit of the Secured Parties and grant to the Agent for the benefit of the Secured Parties a security interest in all the estate, right, title and interest of Assignor, now owned or hereafter acquired, in, to and under any and all of the following (the "Collateral"):
Assignment, Pledge and Grant of Security Interest. (a) To secure the timely payment and performance of the Obligations (as that term is defined in Section 3, Grantor does hereby assign, grant and pledge to, and subject to a security interest in favor of, the Collateral Agent, on behalf of the Trustee, the Holders of the Senior Secured Notes, and the Permitted Additional Senior Lenders, if any, all the estate, right, title and interest of Grantor, whether now owned or hereafter acquired, in, to and under:
(i) the following agreements and documents, as amended, supplemented, substituted, renewed or replaced from time to time (individually, an "Assigned Agreement," collectively, the "Assigned Agreements") and all of ------------------ ------------------- Grantor's rights thereunder:
(A) that certain Amended and Restated Plant Operations and Maintenance Agreement, dated as of May 28, 1999, by and between Grantor, Coso Operating Company LLC, a Delaware limited liability company ("COC") and FPL --- Energy Operating Services, Inc., a Florida corporation;
(B) that certain Amended and Restated Field Operations and Maintenance Agreement, dated as of May 28, 1999, by and between Grantor and COC;
(C) that certain Power Purchase Contract, dated as of June 4, 1984, as amended, by and between Southern California Edison Company and Grantor (as assignee of China Lake Joint Venture, a California general partnership);
(D) that certain Interconnection Facilities Agreement, dated as of May 29, 1985, by and between Southern California Edison Company and Grantor (as assignee of China Lake Joint Venture, a California general partnership);
(E) that certain contract No. N62474-79-C-5382, dated December 6, 1979, by and between the United States of America acting through the Department of the Navy and California Energy Company, Inc., as modified, amended, assigned and restated by contract modification P00004 dated as of October 19, 1983, a memorandum of which was recorded on March 12, 1986 as instrument No. 86-1043 of official records of Inyo County, California, including all modifications, amendments and assignment thereto and thereof made before the effective date of this Security Agreement and any permitted modifications, amendments and assignment thereto and thereof made after the effective date of this Security agreement;
(F) that certain Acquisition Agreement of even date herewith among Coso Land Company, a California general partnership, Grantor, BLM, Navy II and COC;
(G) those certain documents constituting the Steam Exchange...
Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations, Borrower hereby grants to Lender a security interest in all of the Collateral and hereby assigns and pledges to Lender all of Borrower's right, title and interest in and to the Collateral. The foregoing assignment shall be for security purposes only and is made for the purpose of allowing Lender to exercise all of the rights of Borrower with respect to the Collateral to more fully maximize and perfect the interests of Lender in the Collateral. Until the Obligations are paid in full, this assignment and pledge shall operate to transfer to Lender the right to possession and use of the Collateral and all other rights of Borrower with respect to the Collateral. All amounts received by Lender under the Collateral will be applied to payment of the Obligations in the following order: First, to the payment of all costs, fees, indebtedness or expenses (including attorneys' fees); Second, to interest; and Third, to repayment of principal. Upon the fulfillment of all Obligations hereunder, Lender will promptly reassign the Collateral to Borrower, and have no further rights therein or with respect thereto.
Assignment, Pledge and Grant of Security Interest. To secure the timely payment and performance of the Obligations (as defined below), Grantor does hereby assign as collateral, grant a security interest in, and pledge, to the Trustee, on behalf of the holders of the Notes, all the estate, right, title and interest of Grantor, whether now owned or hereafter acquired, in, to and under:
Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, Grantor hereby assigns, pledges, and grants to Secured Party a lien on and continuing security interest in all of the Grantor’s right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by the Grantor and wherever located and whether now or hereafter existing or arising (collectively, the “Collateral”): (i) Accounts; (ii) all Inventory; (iii) General Intangibles; (iv) all Deposit Accounts which are pledged to the Secured Party to secure certain obligations of Grantor existing on the date of this Agreement (other than the Secured Obligations); (v) all cash and cash equivalents; (vi) any and all liens and security interests (together with the documents evidencing such security interests) granted to the Grantor by an obligor to secure such obligor’s obligations owing under any Instrument, Chattel Paper, or Contract which is pledged hereunder or with respect to which a security interest in the Grantor’s rights in such Instrument, Chattel Paper, or Contract is granted hereunder; (vii) any and all guaranties given by any Person for the benefit of the Grantor which guarantees the obligations of an obligor under any Instrument, Chattel Paper or Contract, which are pledged hereunder; and (viii) any and all additions, accessions and improvements to, all substitutions and replacements for and all products and Proceeds of or derived from all of the items described above in this Section 2.
