Common use of Continuing Security Interest; Transfer of Notes Clause in Contracts

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until payment in full in cash of all Obligations, the termination of all Interest Rate Agreements to which any Secured Party is a party and the termination of all Commitments, (b) be binding upon the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Secured Party. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer (in whole or in part) any Note, Loan or Commitment held by it as well as any interest in any other Obligations to any other Person or entity as permitted by, and in accordance with the terms of the Credit Agreement, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Sections 9.1 and 9.16 of the Credit Agreement. ------------ ----

Continuing Security Interest; Transfer of Notes. This Security Subject to SECTION 18, this Agreement shall create a continuing security interest in the Pledged Collateral and shall shall (ai) remain in full force and effect until indefeasible payment in full in cash of all Secured Obligations, the termination of all Interest Rate Agreements to which any Secured Party is a party and the termination of all Commitments, (bii) be binding upon the GrantorPledgor, its successors, transferees successors and assigns, and and (ciii) inure, together with the rights and remedies of the Administrative Collateral Agent hereunder, to the benefit of the Administrative Collateral Agent and each other Secured PartyParty and each of their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c)iii) and subject to the provisions of subsections 10.2 and 10.17 of the Credit Agreement, any Lender Secured Party may assign or otherwise transfer (in whole or in part) any Note, Loan or Commitment indebtedness held by it as well as any interest in any other Obligations secured by this Agreement to any other Person person or entity as permitted by, and in accordance with the terms of the Credit Agreemententity, and such other Person person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) Secured Party herein or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Sections 9.1 and 9.16 of the Credit Intercreditor Agreement. ------------ ----.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the indefeasible payment in full in cash of all Obligations, the termination of all Interest Rate Agreements to which any Secured Party is a party Obligations and the expiration or termination of all Commitments, (b) be binding upon the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Secured Lender Party. Without limiting the generality of the foregoing clause (c), any Lender may may, to the extent permitted pursuant to Section 11.11.1 of the Credit Agreement, assign or otherwise transfer (in whole or in part) any Note, Note or Loan or Commitment held by it as well as any interest in any other Obligations to any other Person or entity as permitted by, and in accordance with the terms of the Credit Agreemententity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Sections 9.1 Section 11.11 and 9.16 Article X of the Credit Agreement. ------------ ----.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the indefeasible payment in full in cash of all Obligations, the termination of all Interest Rate Agreements to which any Secured Party is a party Obligations and the expiration or termination of all Commitments, (b) be binding upon the each Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Secured Lender Party. Without limiting the generality of the foregoing clause (c), any Lender may may, to the extent permitted pursuant to Section 11.11.1 of the Credit Agreement, assign or otherwise transfer (in whole or in part) any Note, Note or Loan or Commitment held by it as well as any interest in any other Obligations to any other Person or entity as permitted by, and in accordance with the terms of the Credit Agreemententity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Sections 9.1 Section 11.11 and 9.16 Article X of the Credit Agreement. ------------ ----.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the indefeasible payment in full in cash of all Obligations, the termination of all Interest Rate Agreements to which any Secured Party is a party Obligations and the expiration or termination of all Commitments, (b) be binding upon the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Secured Lender Party. Without limiting the generality of the foregoing clause CLAUSE (cC), any Lender may may, to the extent permitted pursuant to Section 11.11.1 of the Credit Agreement, assign or otherwise transfer (in whole or in part) any Note, Note or Loan or Commitment held by it as well as any interest in any other Obligations to any other Person or entity as permitted by, and in accordance with the terms of the Credit Agreemententity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Sections 9.1 Section 11.11 and 9.16 Article X of the Credit Agreement. ------------ ----.

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until payment in full in cash of all Obligations, the termination of all Interest Rate Agreements to which any Secured Party is a party and the termination of all Commitments, (b) be binding upon the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunderHereunder, to the benefit of the Administrative Agent and each other Secured Party. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer (in whole or in part) any Note, Loan or Commitment held by it as well as any interest in any other Obligations to any other Person or entity as permitted by, and in accordance with the terms of the Credit Agreement, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Sections 9.1 and 9.16 of the Credit Agreement. ------------ ----

Continuing Security Interest; Transfer of Notes. This Security Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the indefeasible payment in full in cash of all Obligations, the termination of all Interest Rate Agreements to which any Secured Party is a party Obligations and the expiration or termination of all Commitments, (b) be binding upon the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and each other Secured Lender Party. Without limiting the generality of the foregoing clause (c), any Lender may may, to the extent permitted pursuant to Section 11.11.1 of the Credit Agreement, assign or otherwise transfer (in whole or in part) any Note, Note or Loan or Commitment held by it as well as any interest in any other Obligations to any other Person or entity as permitted by, and in accordance with the terms of the Credit Agreemententity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Sections 9.1 Section 11.11 and 9.16 Article X of the Credit Agreement. ------------ ----.