Common use of Grant of Liens Clause in Contracts

Grant of Liens. (a) Each Borrower hereby assigns, pledges and grants to Lender, and agrees that Lender shall have a perfected and continuing security interest in, and Lien on, (a) all of Borrower’s Accounts, Inventory, Chattel Paper, Documents, Instruments, Equipment, Investment Property, and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of Borrower’s deposit accounts with any financial institution with which Borrower maintains deposits, whether now owned or existing or hereafter acquired or arising, (b) all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel Paper, (c) all insurance policies relating to the foregoing and the right to receive refunds of unearned insurance premiums under those policies, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment and General Intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; and (e) all Proceeds and products of the foregoing. Each Borrower further agrees that Lender shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws.

Grant of Liens. (a) Each Borrower of the Domestic Borrowers hereby assigns, pledges and grants to Lenderthe Administrative Agent, for the ratable benefit of the Lenders and for the benefit of the Administrative Agent and the other Agents with respect to the Agents' Obligations, and agrees that Lender the Administrative Agent, the other Agents and the Lenders shall have a perfected and continuing security interest in, and Lien on, (a) all of Borrower’s the Domestic Borrowers' Accounts, Inventory, Chattel Paper, Documents, Instruments, Capital Expenditure Line Equipment, Investment Property, and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of Borrower’s deposit accounts with any financial institution with which Borrower maintains depositsIntangibles, whether now owned or existing or hereafter acquired or arising, (b) all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel Paperchattel paper, (c) all insurance policies relating to the foregoing and the right to receive refunds of unearned insurance premiums under those policiesforegoing, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment equipment and General Intangibles general intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; , and (e) all Proceeds cash and non-cash proceeds and products of the foregoing. Each Borrower of the Domestic Borrowers further agrees that Lender the Administrative Agent, for the ratable benefit of the Lenders and for the benefit of the Administrative Agent and the other Agents with respect to the Agents' Obligations, shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws.

Grant of Liens. (a) Each Borrower of the Borrower, Fostxx Xxxxx xxx Fantasma hereby assigns, pledges and grants to Lenderthe Agent, for the ratable benefit of the Lenders and for the benefit of the Agent with respect to the Agent's Obligations, and agrees that Lender the Agent and the Lenders shall have a perfected and continuing security interest in, and Lien on, (a) all of the Borrower’s 's, Fostxx Xxxxx'x xxx Fantasma's Accounts, Inventory, Chattel Paper, Documents, Paper and Instruments, Equipment, Investment Property, and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of Borrower’s deposit accounts with any financial institution with which Borrower maintains deposits, whether now owned or existing or hereafter acquired or arising, (b) all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel PaperAccount, (c) all insurance policies relating to the foregoing and the right to receive refunds of unearned insurance premiums under those policiesforegoing, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment rights of access to all equipment and General Intangibles general intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; , and (e) all Proceeds cash and non-cash proceeds and products of the foregoing. Each Borrower of the Borrower, Fostxx Xxxxx xxx Fantasma further agrees that Lender the Agent, for the ratable benefit of the Lenders and for the benefit of the Agent with respect to the Agent's Obligations, shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws.

Grant of Liens. (a) Each The Borrower hereby assigns, pledges and grants to the Lender, and agrees that the Lender shall have a perfected and continuing security interest in, and Lien on, (a) all of the Borrower’s 's Accounts, Inventory, Chattel Paper, Documents, Instruments, Equipment, Investment PropertySecurities, and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of Borrower’s deposit accounts with any financial institution with which Borrower maintains depositsIntangibles, whether now owned or existing or hereafter acquired or arising, (b) all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel Paper, (c) all insurance policies relating to the foregoing and the right to receive refunds of unearned insurance premiums under those policiesforegoing, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment and General Intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; , and (e) all Proceeds cash and non-cash proceeds and products of the foregoing. Each The Borrower further agrees that the Lender shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws. Notwithstanding any other provision of this Agreement and the other Security Documents, the Lender agrees that it will not record the Assignment of Patents except during the continuance of an Event of Default and that the failure of the Lender to have a perfected security interest in the Patents and Trademarks until such recording shall not be breach of any provision of this Agreement or the other Financing Documents.

Grant of Liens. (a) Each The Borrower hereby assigns, pledges and grants to the Lender, and agrees that the Lender shall have a perfected and continuing security interest in, and Lien on, (a) all of the personal property of the Borrower’s Accounts, Inventorywhether now owned or existing or hereafter acquired or created and wherever situated and including, Chattel Paperwithout limitation, Documentsall of the Borrower's Receivables, Instrumentsinventory, chattel paper, documents, instruments, Equipment, Investment Propertyinvestment property, and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of the Borrower’s 's deposit accounts with any financial institution with which Borrower maintains depositsaccounts, whether now owned or existing or hereafter acquired or arising, (b) all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel Paper, (c) all insurance policies relating to covering the foregoing and the right to receive refunds of unearned insurance premiums under those policies, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment and General Intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; , and (e) all Proceeds of the Borrower's other personal property of any kind or nature whatsoever, and all cash proceeds and noncash proceeds and products of the foregoing. Each The Borrower further agrees that the Lender shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws.

Grant of Liens. (a) Each Borrower of the Borrowers hereby assigns, pledges and grants to Lenderthe Agent, for the ratable benefit of the Lenders and for the benefit of the Agent with respect to the Agent's Obligations, and agrees that Lender the Agent and the Lenders shall have a perfected and continuing security interest in, and Lien on, (a) all of Borrower’s the Borrowers' Accounts, Inventory, Government Contracts, Chattel Paper, Documents, Instruments, Equipment, Investment Property, and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of the Borrower’s 's deposit accounts with any financial institution with which the Borrower maintains deposits, whether now owned or existing or hereafter acquired or arising, (b) all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel Paper, (c) all insurance policies relating to the foregoing and the right to receive refunds of unearned insurance premiums under those policiesforegoing, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment and General Intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; , and (e) all Proceeds and products of the foregoing. Each Borrower of the Borrowers further agrees that Lender the Agent, for the ratable benefit of the Lenders and for the benefit of the Agent with respect to the Agent's Obligations, shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws.

Grant of Liens. (a) Each The Borrower hereby assigns, pledges and grants to the Lender, and agrees that the Lender shall have a perfected and continuing security interest in, and Lien on, (a) all of the Borrower’s 's Accounts, Inventory, Chattel Paper, Documents, Instruments, Equipment, Investment Property, Equipment and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of Borrower’s deposit accounts with any financial institution with which Borrower maintains depositsIntangibles, whether now owned or existing or hereafter acquired or arising, (bit being understood and agreed, that with respect to any Inventory and/or Equipment where perfection of the Lender's lien requires the filing of Uniform Commercial Code financing statements outside of the States of Maryland, Colorado, California, or Texas, that the Lender will not, as of the Closing Date, have a perfected lien on such Inventory and/or Equipment) () all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel Paper, (c) all insurance policies relating to the foregoing and the right to receive refunds of unearned insurance premiums under those policiesforegoing, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment and General Intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; , and (e) all Proceeds cash and non-cash proceeds and products of the foregoing. Each The Borrower further agrees that the Lender shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws.

Grant of Liens. (a) Each Borrower of the Borrowers hereby assigns, pledges and grants to the Lender, and agrees that the Lender shall have a perfected and continuing security interest in, and Lien on, all of the personal property of the Borrower (but specifically excluding all Inventory), whether now owned or existing or hereafter acquired or created and wherever situated and including, without limitation, (a) all of Borrower’s the Borrowers’ Accounts, Inventory, Chattel Paper, Documents, Instruments, Equipment, Investment Property, and General Intangibles (in which Borrower is permitted under the terms thereof to grant a security interest) and all of Borrower’s the Borrowers’ deposit accounts with any financial institution with which Borrower maintains depositsaccounts, whether now owned or existing or hereafter acquired or arising, (b) all returned, rejected or repossessed goods, the sale or lease of which shall have given or shall give rise to an Account or Chattel Paper, (c) all insurance policies relating to the foregoing and the right to receive refunds of unearned insurance premiums under those policiesforegoing, (d) all books and records in whatever media (paper, electronic or otherwise) recorded or stored, with respect to the foregoing and all Equipment equipment and General Intangibles general intangibles necessary or beneficial to retain, access and/or process the information contained in those books and records; , and all of the Borrower’s other personal property of any kind or nature whatsoever, and (e) all Proceeds cash proceeds and noncash proceeds and products of the foregoing. Each Borrower of the Borrowers further agrees that the Lender shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code Code, the Personal Property Security Act, as well as those provided in this Agreement, under each of the other Financing Documents to which it is a party and under applicable Laws.