Common use of Continuing Security Interest; Assignments under the Credit Agreement Clause in Contracts

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the later of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations and the termination of the Commitments and (ii) the termination or expiration of the Secured Hedging Agreements, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Creditors and their respective successors, transferees and assigns. Without limiting the generality of the foregoing, any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Loans owing to it and the Note or Notes) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lenders herein or otherwise, in each case as provided in Section 9.04 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the later of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations under the Credit Agreement (other than contingent obligations) and the termination of all letters of credit (or cash collateralization or otherwise supported in a manner satisfactory to the Commitments and Collateral Agent), or (ii) the termination or expiration of the Secured Hedging AgreementsTermination Date, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Creditors Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoingforegoing clause (c), any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Loans Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lenders Lender Party herein or otherwise, in each case as provided in Section 9.04 8.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain a)remain in full force and effect until the later of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations and the termination of the Commitments and (ii) the termination or expiration of the Secured Hedging Agreements, (b) be b)be binding upon each Grantor, its successors and assigns and (c) inurec)inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Creditors and their respective successors, transferees and assigns. Without limiting the generality of the foregoing, any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Loans owing to it and the Note or Notes) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lenders herein or otherwise, in each case as provided in Section 9.04 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until either the later Security Release has occurred or the latest of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations and Obligations, (ii) the termination of all Commitments under the Commitments Credit Agreement and (iiiii) the termination or expiration of the all Letters of Credit and all Secured Hedging Interest Hedge Agreements, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Creditors Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoingforegoing clause (c), any Lender or Issuing Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement as permitted by Section 10.04 thereunder (including, without limitation, all or any portion of its CommitmentCommitments, the Loans owing to it it, any issued Letters of Credit and the Note or Notespromissory notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lenders Lender or Issuing Lender herein or otherwise, in each case as provided in Section 9.04 10.04 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) except as otherwise provided in Section 9.16 of the Credit Agreement, remain in full force and effect until the later latest of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations and the termination of the Commitments and Obligations, (ii) the termination Termination Date and (iii) the termination, expiration, Cash Collateralization or expiration backstopping of the Secured Hedging Agreementsall Letters of Credit, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Creditors Parties and their respective successors, permitted transferees and permitted assigns. Without limiting the generality of the foregoingforegoing clause (c), to the extent permitted in Section 9.08 of the Credit Agreement, any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, including all or any portion of its CommitmentCommitments, the Loans Letter of Credit Obligations owing to it and the Note or Notes, if any, held by it) to any other Personpermitted transferee, and such other Person permitted transferee shall thereupon become vested with all the benefits in respect thereof granted to such Lenders Lender herein or otherwise, in each case as provided in Section 9.04 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the later latest of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations other than Obligations with respect to Secured Hedge Agreements and Cash Management Obligations not yet due and payable, (ii) the termination of the Commitments Maturity Date and (iiiii) the termination or expiration of the Secured Hedging Agreementsall Letters of Credit, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Collateral Administrative Agent hereunder, to the benefit of the Secured Creditors Parties and their permitted respective successors, transferees and assigns. Without limiting the generality of the foregoingforegoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Loans owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lenders Lender herein or otherwise, in each case as provided in Section 9.04 10.07 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Subject to Section 27, this Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the later latest of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations and the termination of the Commitments and Obligations, (ii) the termination or expiration reduction to zero of all Commitments and (iii) no Secured Hedge Agreement being in effect and all transactions entered into under the Secured Hedging AgreementsHedge Agreements being terminated, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Creditors Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoingforegoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Loans owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lenders Lender herein or otherwise, in each case as provided in to the extent permitted by Section 9.04 15.06 of the Credit Agreement.

Continuing Security Interest; Assignments under the Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the later latest of (i) the payment in full in cash (it being understood for the purposes of this Agreement that receipt of Collateral pursuant to a credit bid shall be regarded as cash) of the Secured Obligations and the termination of the Commitments and Obligations, (ii) the Termination Date and (iii) the termination, expiration or cash collateralization (on terms acceptable to the Collateral Agent) of all Letters of Credit and the termination or expiration of the all Secured Hedging Hedge Agreements, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Secured Creditors Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoingforegoing clause (c), any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Loans Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lenders Lender Party herein or otherwise, in each case as provided in Section 9.04 8.07 of the Credit Agreement.