Continuing Security Interest; Termination. (a) This Agreement shall create a continuing security interest in the Collateral in favor of the Issuing Lender and shall remain in full force and effect in accordance with its terms until all of the Secured Obligations are paid or satisfied in full.
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Samples: Reimbursement Agreement (Protective Life Insurance Co), Reimbursement Agreement (Protective Life Corp), Reimbursement Agreement (Protective Life Insurance Co)
Continuing Security Interest; Termination. (a) This Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in favor of the Issuing Lender and shall this Agreement, remain in full force and effect until the payment in accordance with its terms until all full in cash of the Secured Obligations are paid or satisfied in fullObligations. This Agreement shall be binding upon the Grantor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee hereunder, to the benefit of the Trustee, the Holders of the Notes, the Pledged Securities Intermediary and their respective successors, transferees and assigns.
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Samples: Pledge Agreement (Nektar Therapeutics), Pledge Agreement (Nektar Therapeutics), Pledge Agreement (Global Crossing LTD)
Continuing Security Interest; Termination. (a) This Agreement shall create a continuing security interest in the Collateral in favor of the Issuing Lender and shall (i) remain in full force and effect until the payment in accordance with its terms until all full of the Secured Obligations are paid or satisfied in fullBorrower’s obligations under the Notes and hereunder, (ii) be binding upon the Borrower, its successors and assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees and assigns.
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Samples: Loan and Security Agreement (Kansas City Southern De Mexico, S.A. De C.V.), Loan and Security Agreement (Kansas City Southern)
Continuing Security Interest; Termination. (a) This Security Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in favor of this Security Agreement or the Issuing Lender and shall Secured Debt Agreements, remain in full force and effect until the payment in accordance with its terms until all full in cash of the Non-Contingent Secured Obligations are paid or satisfied in fullObligations.
Appears in 2 contracts
Samples: Security Agreement (Ak Steel Holding Corp), Security Agreement (Ak Steel Holding Corp)
Continuing Security Interest; Termination. (a) This Agreement shall create a continuing security interest in and to the Collateral and shall, unless otherwise provided in favor of the Issuing Lender and shall this Agreement, remain in full force and effect until the indefeasible payment in accordance with its terms until all full in cash of the Secured Obligations are paid or satisfied in fullObligations. This Agreement shall be binding upon the Grantor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the holders of the Notes hereunder, to the benefit of the holders of the Notes and their respective successors, transferees and assigns.
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Continuing Security Interest; Termination. (a) This Agreement shall create a continuing security interest in the Collateral in favor of and the Issuing Lender Security Interest and all agreements, representations and warranties made herein shall remain survive until the indefeasible payment and performance in full force and effect in accordance with its terms until all cash of the Secured Obligations are paid or satisfied in fulland the termination of all commitments of the Noteholders.
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Continuing Security Interest; Termination. (a) This Agreement shall create a continuing security interest in the Collateral in favor of the Issuing Lender and shall remain in full force and effect until indefeasible payment and performance in accordance with its terms until full of all of the Secured Obligations are paid or satisfied in fullObligations.
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Samples: Loan and Security Agreement (First Pacific Networks Inc)
Continuing Security Interest; Termination. (a) This Security Agreement shall create a continuing security interest in and to the Pledged Collateral and shall, unless otherwise provided in favor of the Issuing Lender and shall this Security Agreement, remain in full force and effect until the payment in accordance with its terms until all full in cash of the Secured Obligations are paid or satisfied in full.Obligations. This Security Agreement shall be binding upon the Pledgor, its transferees, successors and assigns, and shall inure, together with the rights and remedies of the Trustee
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Continuing Security Interest; Termination. (a) This Agreement shall create a continuing security interest in the Collateral in favor of and, except as provided below, the Issuing Lender Security Interest and all agreements, representations and warranties made herein shall remain survive until, and this Agreement shall terminate only upon, the indefeasible payment in full force and effect in accordance with its terms until all of the Secured Obligations are paid or satisfied in fullObligations.
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