Effect of Security Interest. The BofA Entities’ security interest in the Collateral shall (i) remain in full force and effect until the payment and performance in full of Customer’s Obligations, (ii) be binding upon Customer, its successors and permitted assigns, and (iii) inure to the benefit of, and be enforceable by, the BofA Entities and their respective successors, transferees and assigns.
Appears in 4 contracts
Samples: Bal Agreement (Fiduciary/Claymore MLP Opportunity Fund), Bas Agreement (Highland Capital Management Lp), Bas Agreement (Highland Capital Management Lp)