Continued Security. It is declared and agreed that the security created by this Assignment shall be held by the Trustee as a continuing security for the payment of all moneys which may at any time and from time to time be or become payable by the Assignor in connection with the Obligations and that the security so created shall not be satisfied by any intermediate payment or satisfaction of any part of the amount hereby secured and that the security so created shall be in addition to and shall not in any way be prejudiced or affected by any collateral or other security now or hereafter held by the Trustee for all or any part of the moneys hereby secured.
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Samples: Assignment of Earnings (Trailer Bridge Inc), Assignment of Insurances (Trailer Bridge Inc)
Continued Security. It is declared and agreed that the security created by this Assignment shall be held by the Trustee as a continuing security for the payment of all moneys which may at any time and from time to time be or become payable by the Assignor in connection with the Note Obligations and that the security so created shall not be satisfied by any intermediate payment or satisfaction of any part of the amount hereby secured and that the security so created shall be in addition to and shall not in any way be prejudiced or affected by any collateral or other security now or hereafter held by the Trustee for all or any part of the moneys hereby secured.
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Samples: Assignment of Insurances (Inspecciones Maritimas S.A), Assignment of Earnings (Inspecciones Maritimas S.A)
Continued Security. It is declared and agreed that the security created by this Assignment shall be held by the Trustee Administrator as a continuing security for the payment of all moneys which may at any time and from time to time be or become payable by the Assignor Shipowner in connection with the Obligations and that the security so created shall not be satisfied by any intermediate payment or satisfaction of any part of the amount hereby secured and that the security so created shall be in addition to and shall not in any way be prejudiced or affected by any collateral or other security now or hereafter held by the Trustee Administrator for all or any part of the moneys hereby secured.
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