Common use of Borrower’s Grant of Security Interest Clause in Contracts

Borrower’s Grant of Security Interest. To secure the prompt and complete payment, performance and observance of all Borrower Secured Obligations, and to induce the Administrative Agent, the Conduit Lender and the Committed Lender to enter into this Agreement and perform the obligations required to be performed by them hereunder in accordance with the terms and conditions thereof, the Borrower hereby grants, assigns, conveys, pledges, hypothecates and transfers to the Administrative Agent, for the benefit of itself, the Conduit Lender and the Committed Lender, a Lien upon and security interest in all of its right, title and interest in, to and under, but none of its obligations arising from, the following property, whether now owned by or owing to, or hereafter acquired by or arising in favor of, the Borrower (including under any trade names, styles or derivations of the Borrower), and regardless of where located (all of which being hereinafter collectively referred to as the "Borrower Collateral"):

Borrower’s Grant of Security Interest. The parties hereto intend that this Agreement shall constitute a security agreement under applicable law. To secure the prompt and complete payment, performance and observance of all Borrower Secured Obligations, and to induce the Administrative Agent, the Conduit Lender Agent and the Committed Lender Lenders to enter into this Agreement and perform the obligations required to be performed by them hereunder in accordance with the terms and conditions thereofhereof, the Borrower hereby grants, assigns, conveys, pledges, hypothecates and transfers to the Administrative Agent, for the benefit of itself, the Conduit Lender Administrative Agent and the Committed Lenderother Secured Parties, a Lien upon and security interest in all of its the Borrower’s right, title and interest in, to and under, but none of its obligations arising from, the following property, whether now owned by or owing to, or hereafter acquired by or arising in favor of, the Borrower (including under any trade names, styles or derivations of the Borrower), and regardless of where located (all of which being hereinafter collectively referred to as the "“Borrower Collateral"”):

Borrower’s Grant of Security Interest. To secure the prompt and complete payment, performance and observance of all Borrower Secured Obligations, and to induce the Administrative Agent, the Conduit Lender Agent and the Committed Lender Lenders to enter into this Agreement and perform the obligations required to be performed by them hereunder in accordance with the terms and conditions thereofhereof, the Borrower hereby grants, assigns, conveys, pledges, hypothecates and transfers to the Administrative Agent, for the benefit of itselfthe Administrative Agent, the Conduit Lender Lenders, the Indemnified Persons and the Committed LenderAffected Parties, a Lien upon and security interest in all of its the Borrower’s right, title and interest in, to and under, but none of its obligations arising from, the following property, whether now owned by or owing to, or hereafter acquired by or arising in favor of, the Borrower (including under any trade names, styles or derivations of the Borrower), and regardless of where located (all of which being hereinafter collectively referred to as the "“Borrower Collateral"”):