Collateral; Grant of Security Interest. Each Grantor hereby grants to the Control Co-Collateral Agent, for the ratable benefit of the Credit Parties, a security interest in, all of the following property now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Obligations: (a) all Credit Card Accounts Receivable; (b) all Pharmacy Receivables; (c) all Inventory; (d) all Chattel Paper relating to Credit Card Accounts Receivable and Pharmacy Receivables; (e) all Instruments relating to Credit Card Accounts Receivable and Pharmacy Receivables; (f) all Prescription Lists; (g) all Documents relating to any Inventory; (h) all Deposit Accounts; (i) all cash and cash equivalents; (j) all books and records pertaining to the Collateral; and (k) to the extent not otherwise included, all Proceeds, insurance claims, Supporting Obligations and products of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing.
Appears in 5 contracts
Samples: Guarantee and Collateral Agreement, Guarantee and Collateral Agreement (Sears Holdings Corp), Guarantee and Collateral Agreement
Collateral; Grant of Security Interest. Each Grantor hereby grants to the Control Co-Collateral Agent, Agent for the equal and ratable benefit of the Credit Parties, Secured Parties a security interest in, in all of the following property now owned owned, or at any time hereafter acquired acquired, by such Grantor or in which such Grantor now has has, or at any time in the future may acquire acquire, any right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Secured Obligations:
(a) all Credit Card Accounts Receivable;
(b) all Pharmacy ReceivablesInventory;
(c) all Inventory;
(d) all Chattel Paper relating to Credit Card Accounts Receivable and Pharmacy ReceivablesReceivable;
(ed) all Instruments relating to Credit Card Accounts Receivable and Pharmacy ReceivablesReceivable;
(f) all Prescription Lists;
(ge) all Documents relating to any Inventory;
(h) all Deposit Accounts;
(i) all cash and cash equivalents;
(jf) all books and records pertaining to the Collateral; and
(kg) to the extent not otherwise included, all Proceeds, insurance claims, Supporting Obligations and products of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing.
Appears in 3 contracts
Samples: Security Agreement, Security Agreement (Sears Holdings Corp), Security Agreement (Sears Holdings Corp)
Collateral; Grant of Security Interest. Each Grantor hereby grants to the Control Co-Collateral Agent, for the ratable benefit of the Credit Parties, a security interest in, all of the following property now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Obligations:
(a) all Credit Card Accounts Receivable;
(b) all Pharmacy Receivables;
(c) all Inventory;
(d) all Chattel Paper relating to Credit Card Accounts Receivable and Pharmacy Receivables;
(e) all Instruments relating to Credit Card Accounts Receivable and Pharmacy Receivables;
(f) all Prescription Lists;
(g) all Documents relating to any all Inventory;
(h) all Deposit Accounts;
(i) all cash and cash equivalents;
(j) all books and records pertaining to the Collateral; and
(k) to the extent not otherwise included, all Proceeds, insurance claims, Supporting Obligations and products of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing.
Appears in 2 contracts
Samples: Credit Agreement (Sears Holdings Corp), Guarantee and Collateral Agreement (Sears Holdings Corp)