Common use of Extent and Duration of Security Interest Clause in Contracts

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower to the Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.

Appears in 5 contracts

Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)

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Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower to the Agent Lender and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.both

Appears in 4 contracts

Samples: Agreement (Golf Galaxy, Inc.), Agreement (Gadzooks Inc), Agreement (Gadzooks Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Collateral Agent (including, without limitation, under any mortgages and deeds of trust) and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.until

Appears in 4 contracts

Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (DSW Inc.)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower to the Agent and shall continue in full force and effect applicable to all Liabilities until both (ia) all Liabilities have been paid and/or satisfied in full and (iib) the security interest created herein Revolving Credit Dollar Commitment of each Revolving Credit Lender is specifically terminated in writing by a duly authorized officer of the Agentterminated.

Appears in 3 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Administrative Agent and shall continue in full force and effect applicable to all Liabilities until both (ia) all Liabilities have been paid and/or satisfied in full and (iib) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Administrative Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Officemax Inc /Oh/), Jacobson Stores Inc, Officemax Inc /Oh/

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower Borrowers to the Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created granted herein is specifically terminated in writing by a duly authorized officer of the AgentAgent .

Appears in 2 contracts

Samples: Loan and Security Agreement (Sports Authority Inc /De/), Sports Authority Inc /De/

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any other security interest previously granted from time to time by the any Borrower to the Agent Lender and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.both

Appears in 2 contracts

Samples: Loan and Security Agreement (dELiAs, Inc.), Alloy Inc

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower to the Agent Lender and shall continue in full force and effect applicable to all Liabilities until both (ia) all Liabilities have been paid and/or satisfied in full and (iib) the security interest created herein is specifically terminated in writing by a duly authorized officer of the AgentLender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bakers Footwear Group Inc), Loan and Security Agreement (Bakers Footwear Group Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower Obligors to the Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full full, the Commitment of the Lenders to make loans and (ii) other financial accommodations has been terminated, and the security interest created granted herein is specifically terminated in writing by a duly authorized officer of the Collateral Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mothers Work Inc), Loan and Security Agreement (Mothers Work Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower to the Agent Lender and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.both:

Appears in 2 contracts

Samples: Loan and Security Agreement (Redenvelope Inc), Loan and Security Agreement (Bluefly Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower to the Agent Lender and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created granted herein is specifically terminated in writing by a duly authorized officer of the AgentLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Paper Warehouse Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower Obligors to the Term Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full full, and (ii) the security interest created granted herein is specifically terminated in writing by a duly authorized officer of the Term Collateral Agent.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Mothers Work Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower any Loan Party to the Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agentfull.

Appears in 1 contract

Samples: Loan and Security Agreement (Odd Job Stores Inc)

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Extent and Duration of Security Interest. (a) i. The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Agent Agent, if any, and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.both

Appears in 1 contract

Samples: Security Agreement (Dynamics Research Corp)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Collateral Agent and shall continue in full force and effect applicable to all Liabilities until both (ia) all Liabilities have been paid and/or satisfied in full and (iib) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Collateral Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Gymboree Corp)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Agent and shall continue in full force and effect applicable to all Liabilities until both (ia) all Liabilities have been paid and/or satisfied in full and (iib) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent. (b) It is intended that the Collateral Interests created herein extend to and cover all assets of each Borrower other than Bankruptcy Recoveries.

Appears in 1 contract

Samples: Phar Mor Inc

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower to the Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created granted herein is specifically terminated in writing by a duly authorized officer of the Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Roberds Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower Borrowers to the Agent and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Gander Mountain Co)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Agent Collateral Agents (including, without limitation, under any mortgages and deeds of trust) and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.until

Appears in 1 contract

Samples: Value City Department Stores Inc /Oh

Extent and Duration of Security Interest. (a) The security interest created herein is subject to any applicable Collateral Interest Restrictions. (b) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the any Borrower to the Agent and shall continue in full force and effect applicable to all Liabilities until both (ia) all Liabilities have been paid and/or satisfied in full and (iib) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Homebase Inc)

Extent and Duration of Security Interest. (a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by the Borrower Borrowers to the Collateral Agent to secure the Liabilities and shall continue in full force and effect applicable to all Liabilities until both (i) all Liabilities have been paid and/or satisfied in full and (ii) the security interest created granted herein is specifically terminated in writing by a duly authorized officer of the AgentCollateral Agent .

Appears in 1 contract

Samples: Loan and Security Agreement (Baker J Inc)

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