Common use of Continuing Assignment and Security Interest Clause in Contracts

Continuing Assignment and Security Interest. This Agreement shall create a continuing pledge and assignment of and security interest in the Account Collateral and shall (a) remain in full force and effect until the Termination Date, (b) be binding upon the Authority and the Authority’s successors and assigns, and (c) inure to the benefit of the Collateral Agent and the Trust and their respective successors, transferees and assigns. The release of the security interest in any or all of the Accounts, the taking or acceptance of additional security, or the resort by the Collateral Agent to any security it may have in any order it may deem appropriate, shall not affect the liability of any Person on the indebtedness secured hereby.

Continuing Assignment and Security Interest. This Agreement shall create a continuing pledge and assignment of and security interest in the Account Collateral and shall shall (a) remain in full force and effect until the Termination Date, (b) be binding upon the Authority and the Authority’’s successors and assigns, and (c) inure to the benefit of the Collateral Agent and the Trust and their respective successors, transferees transferees, and assigns. The release of the security interest in any or all of the Accounts, the taking or acceptance of additional security, or the resort by the Collateral Agent to any security it may have in any order it may deem appropriate, shall not affect the liability of any Person on the indebtedness secured hereby.

Continuing Assignment and Security Interest. This Agreement shall create a continuing pledge and assignment of and security interest in the Account Collateral and shall shall (a) remain in full force and effect until the Termination Date, (b) be binding upon the Authority and the Authority’s successors and assigns, and (c) inure to the benefit of the Collateral Agent and the Trust and their respective successors, transferees transferees, and assigns. The release of the security interest in any or all of the Accounts, the taking or acceptance of additional security, or the resort by the Collateral Agent to any security it may have in any order it may deem appropriate, shall not affect the liability of any Person on the indebtedness secured herebyhereby.][Intentionally Omitted].

Continuing Assignment and Security Interest. This Agreement shall create a continuing pledge and assignment of and security interest in the Account Collateral and shall (a) remain in full force and effect until the Termination Date, (b) be binding upon the Authority and the Authority’s successors and assigns, and (c) inure to the benefit of the Collateral Agent and the Trust and their respective successors, transferees transferees, and assigns. The release of the security interest in any or all of the Accounts, the taking or acceptance of additional security, or the resort by the Collateral Agent to any security it may have in any order it may deem appropriate, shall not affect the liability of any Person on the indebtedness secured hereby.