Continuing Lien. Subject to Section 1405(a), Indenture shall create a continuing Lien on the Collateral that shall (i) remain in full force and effect until all Obligations have been paid and/or satisfied in full, (ii) be binding upon the Company and its successors and assigns and (iii) enure to the benefit of the Trustee and its successors, transferees and assigns.
Appears in 2 contracts
Samples: Indenture (Midamerican Funding LLC), Indenture (Mid American Energy Holdings Co /New/)
Continuing Lien. Subject to Except as provided in Section 1405(a)10.05, this Indenture shall create a continuing Lien on the Collateral that shall (i) remain in full force and effect until all Obligations have been paid and/or satisfied payment in fullfull of the Notes, (ii) be binding upon the Company and its their successors and assigns and (iii) enure to the benefit of the Trustee and its successors, transferees and assigns.
Appears in 2 contracts
Samples: Indenture (Rev Holdings LLC), Indenture (Rev Holdings LLC)
