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 the Termination Date; (b) be binding upon each Grantor and each of their successors, transferees and assigns; and (c) inure to the benefit of the Secured Party. The Secured Party may assign or otherwise transfer (in whole or in part) the Revolving Note or any Credit Extension held by it to any other Person or entity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to the Secured Party under any Loan Document (including this Security Agreement) or otherwise, subject, however, to the provisions of Section 10.10 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 Termination Date; (b) be binding upon each the Grantor and each of their its successors, transferees and assigns; and (c) inure to the benefit of the Secured Party. The Secured Party may assign or otherwise transfer (in whole or in part) the Revolving Note or any Credit Extension held by it to any other Person or entity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to the Secured Party under any Loan Document (including this Security Agreement) or otherwise, subject, however, to the provisions of Section 10.10 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 Termination Date; (b) ; be binding upon each Grantor and each of their successors, transferees and assigns; and (c) and inure to the benefit of the Secured Party. The Secured Party may assign or otherwise transfer (in whole or in part) the Revolving Note or any Credit Extension held by it to any other Person or entity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to the Secured Party under any Loan Document (including this Security Agreement) or otherwise, subject, however, to the provisions of Section 10.10 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 Termination Date; (b) ; be binding upon each the Grantor and each of their its successors, transferees and assigns; and (c) and inure to the benefit of the Secured Party. The Secured Party may assign or otherwise transfer (in whole or in part) the Revolving Note or any Credit Extension held by it to any other Person or entity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to the Secured Party under any Loan Document (including this Security Agreement) or otherwise, subject, however, to the provisions of Section 10.10 of the Credit Agreement.