Common use of Colonial Grant of Security Interest Clause in Contracts

Colonial Grant of Security Interest. To secure the prompt payment and performance of its Colonial Obligations, Colonial hereby grants to Agent, for the benefit of Secured Parties, a continuing security interest in and Lien upon all Property of Colonial, including all of the following Property, whether now owned or hereafter acquired, and wherever located: (a) all Accounts; (b) all Chattel Paper, including electronic chattel paper; (c) all Commercial Tort Claims, including those shown on Schedule 9.1.16; (d) all Contracts; (e) all Deposit Accounts; (f) all Documents; (g) all General Intangibles, including Intellectual Property; (h) all Goods, including Inventory (including Vehicles), Equipment and fixtures; (i) all Instruments; (j) all Investment Property; (k) all Letter-of-Credit Rights; (l) all Supporting Obligations; (m) all monies, whether or not in the possession or under the control of Agent, a Lender, or a bailee or Affiliate of Agent or a Lender, including any Cash Collateral; (n) all accessions to, substitutions for, and all replacements, products, and cash and non-cash proceeds of the foregoing, including proceeds of and unearned premiums with respect to insurance policies, and claims against any Person for loss, damage or destruction of any Collateral; and (o) all books and records (including customer lists, files, correspondence, tapes, computer programs, print-outs and computer records) pertaining to the foregoing. For the avoidance of doubt, Borrowers do not grant a security interest in its Real Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

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Colonial Grant of Security Interest. To secure the prompt payment and performance of its all Colonial Obligations, Colonial hereby grants to Collateral Agent, for the benefit of Secured Parties, a continuing security interest in and Lien upon all Property of Colonial, including all of the following Property, whether now owned or hereafter acquired, and wherever located: (a) all Accounts; (b) all Chattel Paper, including electronic chattel paper; (c) all Commercial Tort Claims, including those shown on Schedule 9.1.16; (d) all Contracts; (e) all Deposit Accounts; (f) all Documents; (g) all General Intangibles, including Intellectual Property; (h) all Goods, including Inventory (including Vehicles), Equipment and fixtures; (i) all Instruments; (j) all Investment Property; (k) all Letter-of-Credit Rights; (l) all Supporting Obligations; (m) all monies, whether or not in the possession or under the control of Agent, Collateral Agent, Documentation Agent, a Lender, or a bailee or Affiliate of Agent Agent, Collateral Agent, Documentation Agent, or a Lender, including any Cash Collateral; (n) all accessions to, substitutions for, and all replacements, products, and cash and non-cash proceeds of the foregoing, including proceeds of and unearned premiums with respect to insurance policies, and claims against any Person for loss, damage or destruction of any Collateral; and (o) all books and records (including customer lists, files, correspondence, tapes, computer programs, print-outs and computer records) pertaining to the foregoing. For the avoidance of doubt, Borrowers do not grant a security interest in its Real Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

Colonial Grant of Security Interest. To secure the prompt payment and performance of its all Colonial Obligations, Colonial hereby grants to Collateral Agent, for the benefit of BN 6747822v16 Secured Parties, a continuing security interest in and Lien upon all Property of Colonial, including all of the following Property, whether now owned or hereafter acquired, and wherever located: (a) all Accounts; (b) all Chattel Paper, including electronic chattel paper; (c) all Commercial Tort Claims, including those shown on Schedule 9.1.16; (d) all Contracts; (e) all Deposit Accounts; (f) all Documents; (g) all General Intangibles, including Intellectual Property; (h) all Goods, including Inventory (including Vehicles), Equipment and fixtures; (i) all Instruments; (j) all Investment Property; (k) all Letter-of-Credit Rights; (l) all Supporting Obligations; (m) all monies, whether or not in the possession or under the control of Agent, Collateral Agent, Documentation Agent, a Lender, or a bailee or Affiliate of Agent Agent, Collateral Agent, Documentation Agent, or a Lender, including any Cash Collateral; (n) all accessions to, substitutions for, and all replacements, products, and cash and non-cash proceeds of the foregoing, including proceeds of and unearned premiums with respect to insurance policies, and claims against any Person for loss, damage or destruction of any Collateral; and (o) all books and records (including customer lists, files, correspondence, tapes, computer programs, print-outs and computer records) pertaining to the foregoing. For the avoidance of doubt, Borrowers do not grant a security interest in its Real Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

Colonial Grant of Security Interest. To secure the prompt payment and performance of its the Colonial Obligations, Colonial hereby grants to Agent, for the benefit of Secured Parties, a continuing security interest in, Lien upon, assignment of and right of set-off against, Colonial’s right, title and interest in and Lien upon to all Property and assets of Colonial, including all of the following Property, whether now owned or existing or hereafter acquiredacquired or arising, and wherever located: (a) all Accounts; (b) all Chattel Paper, including electronic chattel paper; (c) all Commercial Tort Claims, including those shown on Schedule 9.1.16; (d) all Contracts; (e) all Deposit Accounts; (f) all Documents; (g) all General Intangibles, including Intellectual Property; (h) all Goods, including Inventory (including Vehicles), Equipment and fixtures; (i) all Instruments; (j) all Investment Property; (k) all Letter-of-Credit Rights; (l) all Supporting Obligations; (m) all monies, whether or not in the possession or under the control of Agent, a Lender, or a bailee or Affiliate of Agent or a Lender, including any Cash Collateral; (n) all accessions to, substitutions for, and all replacements, products, and cash and non-cash proceeds of the foregoing, including proceeds of and unearned premiums with respect to insurance policies, and claims against any Person for loss, damage or destruction of any Collateral; and (o) all books and records (including customer lists, files, correspondence, tapes, computer programs, print-outs and computer records) pertaining to the foregoing. For the avoidance of doubt, Borrowers Obligors do not grant a security interest in its their respective Real The foregoing notwithstanding, the Collateral shall exclude all Excluded Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

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Colonial Grant of Security Interest. To secure the prompt payment and performance of its all Colonial Obligations, Colonial hereby grants to Agent, for the benefit of Secured Parties, a continuing security interest in and Lien upon all Property of Colonial, including all of the following Property, whether now owned or hereafter acquired, and wherever located: (a) all Accounts; (b) all Chattel Paper, including electronic chattel paper; (c) all Commercial Tort Claims, including those shown on Schedule 9.1.16; (d) all Contracts; (e) all Deposit Accounts; (f) all Documents; (g) all General Intangibles, including Intellectual Property; (h) all Goods, including Inventory (including Vehicles), Equipment and fixtures; (i) all Instruments; (j) all Investment Property; (k) all Letter-of-Credit Rights; (l) all Supporting Obligations; (m) all monies, whether or not in the possession or under the control of Agent, a Lender, or a bailee or Affiliate of Agent or a Lender, including any Cash Collateral; (n) all accessions to, substitutions for, and all replacements, products, and cash and non-cash proceeds of the foregoing, including proceeds of and unearned premiums with respect to insurance policies, and claims against any Person for loss, damage or destruction of any Collateral; and (o) all books and records (including customer lists, files, correspondence, tapes, computer programs, print-outs and computer records) pertaining to the foregoing. For the avoidance of doubt, Borrowers do not grant a security interest in its Real Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

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