Continuing Security Interest; Assignments. This Agreement shall create a continuing first priority security interest in the Collateral and shall: (i) remain in full force and effect until the indefeasible payment in full or performance of the Obligations; (ii) be binding upon the Grantor, its successors and permitted assigns; and (iii) inure, together with the rights and remedies of the Secured Party hereunder, to the benefit of the Secured Party and its successors, transferees and assigns.
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Samples: Management Services Agreement (Virtual Radiologic CORP), Management Services Agreement (Virtual Radiologic CORP), Management Services Agreement (Virtual Radiologic CORP)
Continuing Security Interest; Assignments. This Agreement shall create a continuing first priority security interest in the Collateral and shall: shall (i) remain in full force and effect until the indefeasible payment in full or performance of the Obligations; no Obligations are outstanding, (ii) be binding upon the GrantorDebtor, its successors and permitted assigns; successors, and (iii) inure, together with the rights and remedies of the Secured Party hereunder, to the benefit of the Secured Party and its successors, transferees and assigns.
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