Grant and Perfection of Security Interest Sample Clauses

Grant and Perfection of Security Interest. (a) As security for the payment or performance, as the case may be, of the Obligations, the Grantor hereby creates and grants to the Lender, its successors and its assigns, a continuing security interest in, lien upon, and right of setoff against, and hereby assigns to the Lender, all personal property and fixtures and interests of the Grantor, whether now owned or hereafter acquired or existing and wherever located (together with all other collateral security for the Obligations at any time granted to or held or acquired by the Lender), collectively the "Collateral", including, without limitation, all of the Grantor's right, title and interest in the following: (i) all Receivables; (ii) all General Intangibles; (iii) all goods, including, without limitation, Equipment; (iv) Chattel Paper, including, without limitation, all tangible and electronic chattel paper; (v) all Instruments, including, without limitation, all promissory notes; (vi) all Documents; (vii) all deposit accounts; (viii) all letters of credit, banker's acceptances and similar instruments and including all letter-of-credit rights; (ix) all supporting obligations and all present and future liens, security interests, rights, remedies, title and interest in, to and in respect of any Collateral, including (A) rights and remedies under or relating to guaranties, contracts of suretyship, letters of credit and credit and other insurance related to the Collateral, and (B) deposits by and property of account debtors or other persons securing the obligations of account debtors; (x) all (A) investment property (including securities, whether certificated or uncertificated, securities accounts, security entitlements, commodity contracts or commodity accounts) and (B) monies, credit balances, deposits and other property of the Grantor now or hereafter held or received by or in transit to the Lender or at any other depository or other institution from or for the account of the Grantor, whether for safekeeping, pledge, custody, transmission, collection or otherwise; (xi) all commercial tort claims; (xii) all Records; and (xiii) all products and Proceeds of the foregoing, in any form, including insurance proceeds and all claims against third parties for loss or damage to or destruction of or other involuntary conversion of any kind or nature of any or all of the other Collateral. (b) The Grantor irrevocably and unconditionally authorizes the Lender (or its agent) to file at any time and from time to time s...
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Grant and Perfection of Security Interest. (a) As security for the payment of the Obligations, the Pledgor hereby pledges, creates and grants to the Lender, its successors and its assigns, a continuing security interest in, lien upon, and right of setoff against, and hereby assigns to the Lender, the Pledged Stock and Proceeds (the "Collateral"). (b) The Pledgor irrevocably and unconditionally authorizes the Lender (or its agent) to file at any time and from time to time such financing statements with respect to the Collateral naming the Lender as the secured party and the Pledgor as debtor, as the Lender may require, and including any other information with respect to the Pledgor or otherwise required by Article 9 of the Uniform Commercial Code of such jurisdiction as the Lender may determine in good faith, together with any amendment and continuations with respect thereto, which authorization shall apply to all financing statements filed on, prior to or after the date hereof. The Lender hereby ratifies and approves all financing statements naming the Lender as secured party and the Pledgor, as debtor with respect to the Collateral (and any amendments with respect to such financing statements) filed by or on behalf of the Lender prior to the date hereof and ratifies and confirms the authorization of the Lender to file such financing statements (and amendments, if any). The Pledgor hereby authorizes the Lender to adopt on behalf of the Pledgor any symbol required for authenticating any electronic filing. (c) The certificates for such Pledged Stock, to the extent that such interests are represented by certificates, accompanied by stock powers or other appropriate instruments of assignment thereof duly endorsed in blank by the Pledgor, have been delivered to the Lender. If the Pledgor at any time receives additional or replacement certificates with respect to the Collateral, it shall immediately deliver such certificates to the Lender.
Grant and Perfection of Security Interest. (a) GRANT OF SECURITY INTEREST. To secure payment of the Secured Obligations, Pledgor hereby grants to Secured Party a security interest in all of Pledgor's right, title and interest in and to the Collateral under the Uniform Commercial Code in effect in the Commonwealth of Pennsylvania (the "Code") and all other applicable laws.
Grant and Perfection of Security Interest. To secure the prompt payment and performance of all Guaranteed Obligations, each Guarantor hereby grants to Agent, for the benefit of Secured Parties, a continuing security interest in and Lien upon all Property of such Guarantor, including all of the following Property, whether now owned or hereafter acquired, and wherever located (with respect to each Guarantor, its “Collateral” and collectively, the “Collateral”, as the context indicates): (a) all Accounts; (b) all Chattel Paper, including electronic chattel paper; (c) all Commercial Tort Claims, including those shown on Schedule 2.7(a) attached hereto (as such Schedule may be amended or supplemented from time to time); (d) all Deposit Accounts; (e) all Documents; (f) all General Intangibles, including Intellectual Property; (g) all Goods, including Inventory, Equipment and fixtures; (h) all Instruments; (i) all Investment Property; (j) all Letter-of-Credit Rights; (k) all Supporting Obligations; (l) all monies, whether or not in the possession or under the control of Agent, a Lender, or a bailee or Affiliate of Agent or a Lender, including any Cash Collateral; (m) all accessions to, substitutions for, and all replacements, products, and cash and non-cash proceeds of the foregoing, including proceeds of and unearned premiums with respect to insurance policies, and claims against any Person for loss, damage or destruction of any Cash Collateral; and (n) all books and records (including customer lists, files, correspondence, tapes, computer programs, print-outs and computer records) pertaining to the foregoing.
Grant and Perfection of Security Interest. To secure the Secured Obligations (as defined in Section 3 of this Pledge Agreement), Hodax xxxeby pledges the Shares to TPR and grants to TPR a first priority security interest in the Collateral. From time to time after the execution of this Agreement, Hodax xxxll execute such financing statements and other instruments and documents which, in the judgment of TPR, may be reasonably necessary, desirable or appropriate to perfect, record or evidence the security interest of TPR in the Collateral. Hodax xxxeby authorizes TPR to execute and file such financing statements, instruments and documents on behalf of Hodax xx its attorney-in-fact. Hodax xxxll pay to TPR reasonable and customary costs and expenses (including, without limitation, filing fees and recording and stamp taxes) incurred in filing and recording such financing statements, instruments and documents as well as any such fees and taxes which may be imposed on or with respect to the Collateral or this Agreement.
Grant and Perfection of Security Interest. Section 5 of the Loan Agreement is hereby amended by inserting the following immediately after Section 5.3 of such Section:
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Grant and Perfection of Security Interest. (a) Dealer hereby grants to CCC a first priority security interest in all of the Collateral as security for all Indebtedness. Dealer shall provide CCC from time to time for so long as any Indebtedness is outstanding such financing statements, certificates of origin or title, and other documents in form and substance satisfactory to CCC to establish and maintain a first priority perfected security interest in the Collateral.
Grant and Perfection of Security Interest. In order to secure the due and punctual payment of the sums due hereunder, Borrower hereby grants, transfers, conveys and assigns to Holder, and grants to Holder a security interest in, Xxxxxxxx's presently existing or hereafter acquired rights, title and interest in all of its tangible and intangible property, whether real or personal, including, without limitation, all Accounts, Contract Rights, Inventory, Equipment, General Intangibles, Chattel Paper, Deposit Accounts, Goods, Documents, Instruments and Proceeds (each as defined in the Uniform Commercial Code) of the foregoing (collectively, the "Collateral"); provided however, that Xxxxxx's security interest in the Collateral shall be subordinate to all security interests in the Collateral granted by Borrower and perfected prior to the date hereof.
Grant and Perfection of Security Interest. To secure the prompt payment and performance of all Guaranteed Obligations, each Guarantor hereby grants to Agent, for the benefit of Secured Parties, a continuing security interest in and Lien upon all Property of such Guarantor, including all of the following Property, whether now owned or hereafter acquired, and wherever located (with respect to each Guarantor, its “Collateral” and collectively, the “Collateral”, as the context indicates):
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