Common use of Attachment of Security Interest Clause in Contracts

Attachment of Security Interest. The security interest created hereby is intended to attach, in respect of Collateral in which the Grantor has rights at the time this Agreement is signed by the Grantor and delivered to the Canadian Collateral Agent and, in respect of Collateral in which the Grantor subsequently acquires rights, at the time the Grantor subsequently acquires such rights. The Grantor acknowledges and confirms that the Canadian Collateral Agent and the Lenders have given value to the Grantors.

Appears in 3 contracts

Samples: Canadian Security Agreement (RSC Equipment Rental, Inc.), The Credit Agreement (RSC Holdings Inc.), Canadian Security Agreement (RSC Holdings Inc.)

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Attachment of Security Interest. The security interest created hereby is intended to attach, in respect of Collateral in which the any Grantor has rights at the time this Agreement is signed by the such Grantor and delivered to the Canadian Collateral Agent and, in respect of Collateral in which the any Grantor subsequently acquires rights, at the time the such Grantor subsequently acquires such rights. The Grantor acknowledges Grantors acknowledge and confirms confirm that the Canadian Collateral Agent and the Lenders have given value to the Grantors.

Appears in 1 contract

Samples: Canadian Guarantee and Collateral Agreement (Hertz Corp)

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