Common use of Continuing Security Interest Clause in Contracts

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and 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.

Appears in 38 contracts

Samples: Employment Agreement, Financing Agreement (Pacific Biometrics Inc), Master Loan and Security Agreement (Biotransplant Inc)

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Continuing Security Interest. This Subject to Section 8.06, this Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible earlier of the payment in full in cash of the ObligationsSecured Obligations then outstanding to the Secured Parties, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, permitted transferees and permitted assigns.

Appears in 12 contracts

Samples: Aircraft Lease Agreement, Term Loan Security Agreement, Aircraft Lease Agreement (International Lease Finance Corp)

Continuing Security Interest. (a) This Agreement shall create creates a continuing security interest in the Collateral and shall shall: (i) remain in full force and effect until the indefeasible payment date on which the Secured Obligations are paid and performed in full of the Obligations, full; (ii) be binding upon the Borrower Grantor and its successors successors, transferees and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunderGrantee, to the benefit of the Lender Grantee and its successors, transferees, successors and assigns.

Appears in 9 contracts

Samples: Security Agreement (MusclePharm Corp), Security Agreement (Drexler Ryan Charles), Security Agreement (MusclePharm Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible latest of (i) the payment in full in cash of the ObligationsSecured Obligations and (ii) October 15, 2019, (iib) be binding upon the Borrower and each Pledgor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Trustee hereunder, to the benefit of the Lender holders of Parity Lien Obligations and its their respective successors, transferees, transferees and assigns.

Appears in 6 contracts

Samples: Pledge Agreement (Energy Future Intermediate Holding CO LLC), Collateral Trust Agreement (Energy Future Intermediate Holding CO LLC), Collateral Trust Agreement (Energy Future Intermediate Holding CO LLC)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationsall Notes, (iib) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Trustee, the Noteholders, and its any participant and their respective successors, transferees, and assigns.

Appears in 4 contracts

Samples: Note Issuance and Security Agreement (Medical Capital Management Inc), Section Note Agreement (Medical Capital Management Inc), Section Note Agreement (Medical Capital Management Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationseffect, (iib) be binding upon the Borrower Debtor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 4 contracts

Samples: Company General Security Agreement (Acura Pharmaceuticals, Inc), Company General Security Agreement (Acura Pharmaceuticals, Inc), Company General Security Agreement (Acura Pharmaceuticals, Inc)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligations, if any, of the Security Trustee to extend credit accommodations to the Grantor, (iib) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Security Trustee and its successors, transferees, and assigns.

Appears in 4 contracts

Samples: Security Agreement (Red Mile Entertainment Inc), Security Agreement (Red Mile Entertainment Inc), Security Agreement (Red Mile Entertainment Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment and performance in full of the Obligations, (ii) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Trustee hereunder, to the benefit of the Lender Trustee and its successors, transferees, transferees and assigns.

Appears in 4 contracts

Samples: Escrow Agreement (Echostar DBS Corp), Security Interest Pledge Agreement (Echostar DBS Corp), Satellite Security Agreement (Echostar DBS Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the Secured Obligations, (iib) be binding upon the Borrower and Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 3 contracts

Samples: Guaranty and Security Agreement (Applied Dna Sciences Inc), Securities Purchase Agreement (Applied Dna Sciences Inc), Security Agreement (Applied Dna Sciences Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain i)remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and 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.

Appears in 3 contracts

Samples: Master Loan and Security Agreement (Aquila Biopharmaceuticals Inc), Master Loan and Security Agreement (Pilot Network Services Inc), Master Loan and Security Agreement (Pilot Network Services Inc)

Continuing Security Interest. This Agreement shall create (a) creates a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the all Obligations, (iib) be is binding upon the Borrower and each Loan Party, its successors and assigns assigns, and (iiic) inureinures, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and each of its permitted successors, transferees, transferees and assigns.

Appears in 3 contracts

Samples: Credit and Security Agreement (Armata Pharmaceuticals, Inc.), Credit and Security Agreement (Armata Pharmaceuticals, Inc.), Secured Convertible Credit and Security Agreement (Armata Pharmaceuticals, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationseffect, (iib) be binding upon the Borrower each Guarantor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 3 contracts

Samples: Guarantors General Security Agreement (Acura Pharmaceuticals, Inc), Guarantors General Security Agreement (Acura Pharmaceuticals, Inc), Guarantors General Security Agreement (Acura Pharmaceuticals, Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, Obligations and all other amounts payable under the Note (iib) be binding upon the Borrower and Debtor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Secured Party and its successors, transferees, transferees and assigns.

Appears in 3 contracts

Samples: Security Agreement (CleanTech Biofuels, Inc.), Security Agreement (World Waste Technologies Inc), Security Agreement (CleanTech Biofuels, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, Obligations and all other amounts payable under the Note; (iib) be binding upon the Borrower and Obligor, its successors and assigns assigns; and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Secured Party and its successors, transferees, transferees and assigns.

Appears in 3 contracts

Samples: Loan Agreement (Dyadic International Inc), Agreement (Dyadic International Inc), Agreement (Dyadic International Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible later of (x) the payment in full of the ObligationsObligations and all other amounts payable under this Agreement and (y) the expiration or termination of the Commitment. Upon the later of the payment in full of the Obligations and all other amounts payable under this Agreement and the expiration or termination of the Commitment, (ii) be binding upon the security interest granted hereunder shall terminate and all rights to the Collateral shall revert to the Borrower and 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 assignsParties.

Appears in 3 contracts

Samples: Security, Pledge and Guaranty Agreement (Little Switzerland Inc/De), Security, Pledge and Guaranty Agreement (Little Switzerland Inc/De), Security, Pledge and Guaranty Agreement (Little Switzerland Inc/De)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower Borrower, and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent, and its successors, transferees, and assigns.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Gigabeam Corp), General Security Agreement (Gigabeam Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, (iib) be binding upon the Borrower and its successors and assigns and (iiic) inure, together with the rights and remedies of the Issuer and Lender hereunder, to the benefit of the Issuer and Lender and its their respective successors, transferees, transferees and assigns.

Appears in 2 contracts

Samples: Loan and Security Agreement (Intracel Corp), Loan and Security Agreement (Intracel Corp)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and 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, transferees and assigns.

Appears in 2 contracts

Samples: Security Agreement (Bolder Technologies Corp), Security Agreement (NPR Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 2 contracts

Samples: Security Agreement (Vaxcel Inc), License Agreement (Vaxcel Inc)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 2 contracts

Samples: Security Agreement (Zynaxis Inc), Collateral Assignment of License Agreement (Zynaxis Inc)

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 the indefeasible payment in full (including after the date for final payment) of the ObligationsObligations and of the Loan and any other Loan Documents, (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iii) inureenure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Samples: Escrow Agreement (Sinovac Biotech LTD), Escrow and Promissory Note Agreement (Sinovac Biotech LTD)

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 the indefeasible payment and performance in full of the Obligations, (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Trustee hereunder, to the benefit of the Lender Trustee and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Samples: Escrow Agreement (Echostar DBS Corp), Stock Pledge Agreement (Echostar DBS Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment release of all Collateral as provided in full Section 6.1 of the ObligationsTrust Agreement, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Trustee hereunder, to the benefit of the Lender Trustee, the Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Caremark Rx Inc), Pledge and Security Agreement (Caremark Rx Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment and performance in full of the Obligations, (ii) be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Trustee hereunder, to the benefit of the Lender Trustee and its successors, transferees, transferees and assigns.

Appears in 2 contracts

Samples: Consent and Agreement (Echostar DBS Corp), Escrow Agreement (Echostar DBS Corp)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligations, if any, of the Secured Party to extend credit accommodations to the Debtor, (iib) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Secured Party and its successors, transferees, and assigns.

Appears in 2 contracts

Samples: Transition Agreement (Fsi International Inc), Transition Agreement (Metron Technology N V)

Continuing Security Interest. This Agreement shall will create a continuing security interest in the Pledged Collateral and shall will (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities and the termination of the Loan Agreement; (ii) be binding upon the Borrower and Parent, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its respective successors, transferees, transferees and permitted assigns.

Appears in 2 contracts

Samples: Securities Pledge Agreement (American BioCare, Inc.), Securities Pledge Agreement (American BioCare, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible latest payment in full in cash of the ObligationsSecured Obligations (other than contingent obligations), (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 2 contracts

Samples: Security Agreement (Building Materials Manufacturing Corp), Security Agreement (Building Materials Manufacturing Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and each Guarantor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Lender, and its successors, transferees, and assigns.successors and

Appears in 1 contract

Samples: Credit Agreement (Medirisk Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationsall Notes, (iib) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Trustee, the Noteholders, and its any participant and their respective successors, transferees, and assigns.

Appears in 1 contract

Samples: Section Note Agreement (Medical Capital Management Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsSecurity Interest Termination Date, (iib) be binding upon the Borrower Debtor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 1 contract

Samples: Company General Security Agreement (Halsey Drug Co Inc/New)

Continuing Security Interest. This Agreement shall create creates a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsTermination Date, (ii) and shall be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Security Agreement (Grupo Aeromexico, S.A.B. De C.V.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefor.

Appears in 1 contract

Samples: Development and Loan Agreement (River Rock Entertainment Authority)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of all of the Secured Obligations, (iib) be binding upon the Borrower and its successors and assigns his assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunderCompany under this Agreement, to the benefit of and be enforceable by the Lender Company and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Dynacs Inc)

Continuing Security Interest. This Agreement shall shall, create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and 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.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Nanogen Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until terminated in writing by the indefeasible payment Agent, or until all of the Obligations are satisfied in full of and the Obligations, Credit Agreement terminated (ii) be binding upon the Borrower and Grantor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent, the Banks and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Credit Agreement (Precision Response Corp)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower Company and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender Holders hereunder, to the benefit of the Lender Holders and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Streicher Mobile Fueling Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligation, if any, of the Creditor to extend credit accommodations to the Pledgor, (iib) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender Creditor hereunder, to the benefit of of, and be enforceable by, the Lender Creditor and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Pledge Agreement (Life Usa Holding Inc /Mn/)

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 the indefeasible payment in full of the Obligations, Liabilities; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Administrative Agent and its the other Lenders and their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Credit Agreement (World Fuel Services Corp)

Continuing Security Interest. (a) This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full Discharge of the Obligations, (ii) be binding upon each of the Borrower and its Grantors, their successors and assigns and (iii) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent, each Agent and its each of the Secured Parties and their respective permitted successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security and Pledge Agreement (Calpine Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral Pledged Stock and Rights and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsLiabilities, (iib) be binding upon the Borrower Pledgor and its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its successors, transferees, successors and permitted transferees and assigns.

Appears in 1 contract

Samples: Stock Pledge Agreement (Air Methods Corp)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligations, if any, of the Agent and the Secured Parties to extend credit accommodations to the Grantor, (iib) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Agent and its successors, transferees, and assigns.

Appears in 1 contract

Samples: Security Agreement (Lectec Corp /Mn/)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Lender, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Samples: Pledge Agreement (Physicians Specialty Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the ObligationsSecurity Interest Termination Date, (iib) be binding upon the Borrower each Guarantor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 1 contract

Samples: Guarantors General Security Agreement (Halsey Drug Co Inc/New)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Samples: Security Agreement (Zynaxis Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment of all Securities (or release of certain Collateral upon sale as described in full of the ObligationsSection 16.04), (iib) be binding upon the Borrower and Company, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Trustee, the Holders, and its any participant and their respective successors, transferees, and assigns.

Appears in 1 contract

Samples: Indenture (Terra Capital Group)

Continuing Security Interest. Etc. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Secured Obligations and performance of all other obligations secured hereby; and (ii) be binding upon the Borrower and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender parties and its successors, transferees, the parties' successors and assigns.

Appears in 1 contract

Samples: Security Agreement (Cinemastar Luxury Theaters Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full in cash of all the ObligationsSecured Obligations (other than contingent obligations to the extent no claims giving rise thereto have been asserted by the Person entitled thereto), (ii) and be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Agent hereunder, to the benefit of the Lender Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Security Agreement (theMaven, Inc.)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and each Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Secured Party, the Lenders and its successors, transfereesthe Swingline Lender, and their respective successors and assigns. A Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Samples: Credit Agreement (Physicians Specialty Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the later of the indefeasible cash payment in full of the ObligationsSecured Obligations and the Termination Date, (iib) be binding upon the Borrower and Borrower, its successors and assigns and (iiic) inure, together with the rights and remedies of the Collateral Agent on behalf of Lender Group hereunder, to the benefit of the Collateral Agent and Lender Group, and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Loan Agreement (Naturade Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the Secured Obligations, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Hollinger Inc)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full satisfaction of the Obligations, Obligations (iiother than contingent obligations for which no claim has been asserted); (b) be binding upon the Borrower Grantor and its successors and assigns assigns; and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender of, and be enforceable by, Secured Party and its successors, transferees, successors and assigns.

Appears in 1 contract

Samples: Escrow Agreement (LIVE VENTURES Inc)

Continuing Security Interest. This Agreement shall will create a ---------------------------- continuing security interest in the Collateral and shall will (i) remain in full force and effect until the indefeasible payment or performance in full of the Secured Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Creditor and its respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Paladyne Corp)

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 the indefeasible payment in full of the Obligations, Liabilities; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Pledgee and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Securities Pledge Agreement (Tarpon Industries, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the later of the indefeasible cash payment in full of the ObligationsSecured Obligations and the Termination Date, (iib) be binding upon the Borrower and Borrower, its successors and assigns and (iiic) inure, together with the rights and remedies of the Collateral Agent on behalf of the Lender Group hereunder, to the benefit of the Collateral Agent and the Lender Group, and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Loan Agreement (Naturade Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligationseffect, (iib) be binding upon the Borrower Guarantor, and its successors and assigns and (iiib) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent and its successors, transferees, successors and assigns.

Appears in 1 contract

Samples: Guarantor General Security Agreement (Acura Pharmaceuticals, Inc)

Continuing Security Interest. This Agreement shall create creates a ---------------------------- continuing security interest in the Collateral Account Proceeds and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its each of them and their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Ps Group Holdings Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible latest of (i) the payment in full in cash of the ObligationsSecured Obligations and (ii) October 1, 2021, (iib) be binding upon the Borrower and each Pledgor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Trustee hereunder, to the benefit of the Lender holders of Junior Lien Obligations and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Junior Lien Pledge Agreement (Energy Future Holdings Corp /TX/)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible earlier of (x) the payment and performance in full of the ObligationsObligations and (y) the termination of the Interest Escrow Agreement, (ii) be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Escrow Security Agreement (Digital Television Services of Kansas LLC)

Continuing Security Interest. This Agreement shall will create a continuing security interest in the Pledged Collateral and shall will (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities and the termination of the Agreement; (ii) be binding upon the Borrower and Parent, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Allezoe and its respective successors, transferees, transferees and permitted assigns.

Appears in 1 contract

Samples: Securities Pledge Agreement (Allezoe Medical Holdings Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and Debtor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party, and its successors, transferees, successors and assigns. The Debtor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Samples: Security Agreement (Vaxcel Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities; (iib) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Pledgee and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Securities Pledge Agreement (Colonial Commercial Corp)

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Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment conditions set forth in full Section 5.25 of the ObligationsCredit Agreement have been satisfied, (ii) be binding upon the Borrower and , its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Agent, and its successors, transferees, successors and assigns. The Borrower 's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Samples: Credit Agreement (Culp Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Secured Obligations, (iib) be binding upon the Borrower and its Pledgor, his successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Party and its respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Security Agreement (Designs Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain i)remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be ii)be binding upon the Borrower and its successors and assigns and (iii) inureiii)inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Medimmune Inc /De)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and its successors and assigns and (iii) inureinsure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Abaxis Inc)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (i1) remain in full force and effect until the indefeasible payment in full of all of the Obligationsobligations, (ii2) be binding upon the Borrower each of Borrower, Lender and its their respective successors and assigns assigns, and (iii3) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its respective successors, transferees, transferees and permitted assigns.

Appears in 1 contract

Samples: Security Agreement (Associated Business & Commerce Insurance Corp)

Continuing Security Interest. This Agreement shall (a) create ---------------------------- a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligations, if any, of the Secured Party to extend credit accommodations to the Grantor, (iib) be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Secured Party and its successors, transferees, and assigns.

Appears in 1 contract

Samples: Security Agreement (Ns8 Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, Liabilities; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Account Pledge Agreement (MVC Capital, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until terminated in writing by the indefeasible payment Agent or until all of the Obligations are satisfied in full of and the ObligationsCredit Agreement terminated, (ii) be binding upon the Borrower and Grantor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Agent, the Banks and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Credit Agreement (Precision Response Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall shall: (i) subject to the provisions of Section 1.B above, remain in full force and effect until the indefeasible payment in full of the Obligations, Secured Obligation; (ii) be binding upon the Borrower and 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.binding

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Zixit Corp)

Continuing Security Interest. This Security Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full of the Obligations, (iib) be binding upon the Borrower Guarantor and its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Futurelink Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) all Secured Obligations be binding upon the Borrower and Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Secured Parties hereunder, to the benefit of the Lender Secured Parties and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Security Agreement (Divine Inc)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations (other than contingent indemnification obligations for which no demand has been made), (iib) be binding upon Grantor, its successors and assigns, and (c) inure to the Borrower benefit of, and be enforceable by, Secured Party and 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.

Appears in 1 contract

Samples: Security Agreement (AMEDICA Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment and satisfaction in full of the all Obligations, (ii) be binding upon the Borrower and its successors Borrxxxx'x xuccessors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.. Lender shall deliver to

Appears in 1 contract

Samples: Stock Pledge Agreement (Wendt Bristol Health Services Corp)

Continuing Security Interest. (a) This Agreement shall create a continuing security interest in the Collateral Collateral, and shall (i) shall remain in full force and effect until the indefeasible payment in full in cash of all the Term Obligations (other than Contingent Obligations), (ii) shall be binding upon the Borrower each Grantor and its successors successors, transferees and assigns and (iii) shall inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, and assignsthe other Secured Parties.

Appears in 1 contract

Samples: Security Agreement (Quicksilver Resources Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (ia) remain in full force and effect until the indefeasible final payment in full of the ObligationsObligations and all amounts payable under this Agreement, (iib) be binding upon the Borrower Debtor, its successors, and its successors and assigns assigns, and (iiic) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and be enforceable by Agent and its successors, transferees, and assigns.

Appears in 1 contract

Samples: Security Agreement (Star Telecommunications Inc)

Continuing Security Interest. This Subject to Section 8.06, this Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the earlier of the indefeasible payment in full in cash of the ObligationsSecured Obligations then outstanding to the Secured Parties, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, permitted transferees and permitted assigns...

Appears in 1 contract

Samples: Security Agreement (AerCap Holdings N.V.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the ObligationsSecured Obligations (other than contingent indemnification obligations as to which no claim has been asserted), (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Axalta Coating Systems Ltd.)

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 the indefeasible payment in full of the Obligations, Liabilities and termination of all obligations under the Note and all other documents executed and delivered in connection therewith; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender CHE and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Chart House Enterprises Inc)

Continuing Security Interest. 1. This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) remain in full force and effect until the indefeasible exercise and payment in full of the ObligationsPromissory Note and all other amounts payable under this Agreement, (ii) be binding upon the Borrower and its Pledgor, his successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of of, and be enforceable by, the Lender Agent, the Secured Party and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Stock Pledge Agreement (Knightsbridge Fine Wines Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral Shares and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and of the Loan and any other Loan Documents, (ii) be binding upon the Borrower and its successors and assigns assigns, and (iii) inureenure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.. SECTION 11.6

Appears in 1 contract

Samples: Promissory Note and Escrow Agreement (Magnus International Resources, Inc.)

Continuing Security Interest. This Agreement shall (a) create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and the expiration of the obligations, if any, of the Secured Party to extend credit accommodations to the Grantor, (iib) be binding upon the Borrower and Grantor, its successors and assigns and (iii) inureassigns, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, and assigns.and

Appears in 1 contract

Samples: Security Agreement

Continuing Security Interest. This Agreement shall will create a continuing security interest in the Pledged Collateral and shall will (i) remain in full force and effect until the indefeasible payment all Liabilities (other than contingent indemnification obligations) are indefeasibly paid in full and the termination of the Obligations, Loan Agreement; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its respective successors, transferees, transferees and permitted assigns.

Appears in 1 contract

Samples: Pledge and Security Agreement (Hightimes Holding Corp.)

Continuing Security Interest. This Agreement shall create a continuing second priority security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the Secured Obligations, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Second Priority Notes Collateral Agent hereunder, to the benefit of the Lender Second Priority Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Second Priority Notes Security Agreement (Hollinger Inc)

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 the indefeasible payment in full of the Obligations, Liabilities; (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns; and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Agent, Lender and its their successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Securities Pledge Agreement (Medical Technology Systems Inc /De/)

Continuing Security Interest. (a) This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible final payment in full of the Obligations, (ii) be binding upon the Borrower and 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Aviron)

Continuing Security Interest. This The Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations owing by Borrower, (ii) be binding upon the Borrower Borrower, and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender and its successors, transferees, successors and assigns.

Appears in 1 contract

Samples: Watson Security Agreement (Halsey Drug Co Inc/New)

Continuing Security Interest. This Agreement shall create a ---------------------------- continuing security interest in the Collateral and shall shall: (ia) remain in full force and effect until the indefeasible payment all Secured Obligations have been paid in full of the Obligationsfull, (iib) be binding upon the Borrower and Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Secured Parties hereunder, to the benefit of the Lender Secured Parties and its their respective permitted successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: New Debt Collateral Agency and Security Agreement (Imperial Credit Industries Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment earlier of (i) the satisfaction in full of the Obligationsapplicable outstanding Notes and (ii) in the case of the 2009 Notes, the conversion of the entire outstanding principal amount of the 2009 Notes into Common Stock, (iib) be binding upon the Borrower and Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Viropharma Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations and termination of the Commitments, (ii) be binding upon the Borrower and Borrower, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Agent, and its successors, transferees, successors and assigns. The Borrower's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Samples: Credit Agreement (Trion Inc)

Continuing Security Interest. (a) This Security Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and 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.

Appears in 1 contract

Samples: Security Agreement (Progenitor Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in and continuing pledge and assignment by way of security of, the Collateral and shall (ia) remain in full force and effect until the indefeasible payment in full in cash of the ObligationsSecured Obligations (other than contingent indemnification obligations as to which no claim has been asserted, (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (Axalta Coating Systems Ltd.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (ia) remain in full force and effect until the indefeasible payment release of all Collateral as provided in full of the Obligations, Section 3 (iib) be binding upon the Borrower and each Grantor, its successors and assigns and (iiic) inureenure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent, the Secured Parties and its their respective successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Security Agreement (Perry Ellis International Inc)

Continuing Security Interest. (a) This Agreement shall create a continuing security interest in the Collateral Pledged Collateral, and shall (i) shall remain in full force and effect until the indefeasible payment in full in cash of all the Term Obligations (other than Contingent Obligations), (ii) shall be binding upon the Borrower each Pledgor and its successors successors, transferees and assigns and (iii) shall inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, and assignsthe other Secured Parties.

Appears in 1 contract

Samples: Pledge Agreement (Quicksilver Resources Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible first to occur of (x) the payment and performance in full of the ObligationsObligations and (y) the termination of the Escrow Agreement, (ii) be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender Collateral Agent hereunder, to the benefit of the Lender Collateral Agent and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Escrow Security Agreement (Chiles Magellan LLC)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsGuaranteed Obligations and termination of the Commitments, (ii) be binding upon the Borrower and Guarantor, its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, to inure the benefit of the Lender Agent, and its successors, transferees, successors and assigns. The Guarantor's successors and assigns shall include, without limitation, a receiver, trustee or debtor-in-possession thereof or therefore.

Appears in 1 contract

Samples: Credit Agreement (Trion Inc)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full in cash of the ObligationsSecured Obligations and the irrevocable termination of the Credit Agreement, (ii) and be binding upon the Borrower and each Grantor, its successors and assigns assigns, and (iii) inure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Security Agreement (BOSTON OMAHA Corp)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the indefeasible payment in full of the Obligations, (ii) be binding upon the Borrower and 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, transferees and assigns.

Appears in 1 contract

Samples: Loan and Security Agreement (Patterson Energy Inc)

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 the indefeasible payment in full (including after the date for final payment) of the ObligationsObligations and of the Loan and any other Loan Documents, (ii) be binding upon the Borrower and Pledgor, its successors and assigns assigns, and (iii) inureenure, together with the rights and remedies of the Lender hereunder, to the benefit of the Lender and its successors, transferees, transferees and assigns.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Pure Play Media Holdings, Inc.)

Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral Collateral, and shall (i) remain in full force and effect until the indefeasible payment in full of the ObligationsObligations owing by the Debtor, (ii) be binding upon the Borrower Debtor, and its successors and assigns and (iii) inure, together with the rights and remedies of the Lender hereunder, inure to the benefit of the Lender Secured Parties and its successors, transferees, their successors and assigns.

Appears in 1 contract

Samples: General Security Agreement (Halsey Drug Co Inc/New)

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