Common use of Continuing Security Interest Clause in Contracts

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee of a portion of the Pledged Collateral.

Appears in 7 contracts

Samples: And Restated Pledge Agreement (Artemis International Solutions Corp), Pledge Agreement (Moore Medical Corp), Pledge Agreement (Greenfield Online Inc)

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Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and Pledgors or the Pledgee Agent hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgors or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 4 contracts

Samples: Pledge Agreement (Corporate Office Properties Trust), Form of Pledge Agreement (U-Store-It Trust), Assignment and Acceptance Agreement (U-Store-It Trust)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor Each of the Pledgors and the Pledgee Collateral Agent hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to any of the Pledgee Pledgors or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 4 contracts

Samples: Registration Rights Agreement (Crown Crafts Inc), Credit Agreement (Crown Crafts Inc), Credit Agreement (Guilford Mills Inc)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 3 contracts

Samples: Pledge Agreement (Harrys Farmers Market Inc), Pledge Agreement (Harrys Farmers Market Inc), Pledge Agreement (Zynaxis Inc)

Continuing Security Interest. (a) This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain payment in full force of the Pledgor's obligations under the Note and effect notwithstanding under this Agreement, (ii) be binding upon the transfer Pledgor, its successors and assigns, and (iii) inure to the Pledgee of a portion of benefit of, and be enforceable by, the Pledged CollateralNoteholder and its successors, transferees and assigns.

Appears in 3 contracts

Samples: Stock Pledge Agreement (Pipeline Data Inc), Stock Pledge Agreement (Pipeline Data Inc), Stock Pledge Agreement (Pipeline Data Inc)

Continuing Security Interest. This Agreement constitutes an authenticated record shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor Pledgors and the Pledgee Administrative Agent hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to by the Pledgee Pledgors or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 3 contracts

Samples: Pledge Agreement (Select Income REIT), Pledge Agreement (Select Income REIT), Credit Agreement (Select Income REIT)

Continuing Security Interest. This Agreement constitutes an authenticated record, shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor Pledgors and the Pledgee Administrative Agent hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to by the Pledgee Pledgors or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Lexington Realty Trust), Pledge Agreement (Lexington Realty Trust)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates indefeasible payment in accordance with its termsfull of the Secured Obligations. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 2 contracts

Samples: Pledge Agreement (Security Capital Group Inc/), Pledge Agreement (Security Capital Group Inc/)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Gerber Scientific Inc), Pledge Agreement (Vaxcel Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Verso Technologies Inc)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 1 contract

Samples: Stock Pledge Agreement (National Data Corp)

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Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in all of the Pledged Collateral shall not terminate has been either released from the pledge and shall continue lock-up provisions pursuant to Section 7 of this Agreement and/or sold or otherwise applied to satisfy any uncured Events of Default, (ii) be binding upon Pledgor, and remain in full force its successors and effect notwithstanding the transfer assigns, and (iii) inure to the Pledgee of a portion benefit of the Pledged CollateralBuyer and its successors and assigns.

Appears in 1 contract

Samples: Stock Purchase Agreement (Viasoft Inc /De/)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Each Pledgor and the Pledgee hereby agree that the security interest created by this Pledge Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee such Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 1 contract

Samples: Credit Agreement (Physicians Specialty Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Bond Collateral and shall remain in full force and effect until it terminates in accordance with its termsterms as set forth in Section 19 hereof. The Pledgor and the Pledgee Lender hereby agree that the security interest created by this Agreement in the Pledged Bond Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee any of a Pledgor or any person designated by it of all or any portion of the Pledged Bond Collateral.

Appears in 1 contract

Samples: Bond Pledge Agreement

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee hereby agree that the security interest created by this Pledge Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Physicians Specialty Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates in accordance with its terms. The Pledgor and the Pledgee Collateral Agent hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Gold Kist Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall remain in full force and effect until it terminates indefeasible payment in accordance with its termsfull of the Secured Obligations. The Pledgor and the Pledgee hereby agree that the security interest created by this Agreement in the Pledged Collateral shall not terminate and shall continue and remain in full force and effect notwithstanding the transfer to the Pledgee Pledgor or any person designated by it of a all or any portion of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Security Capital Group Inc/)

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