Common use of GRANT OF SECURITY INTEREST AND ASSIGNMENT Clause in Contracts

GRANT OF SECURITY INTEREST AND ASSIGNMENT. As collateral security for the prompt performance, observance and indefeasible payment in full of all of the Obligations (as hereinafter defined), each Assignor hereby assigns, pledges, transfers and sets over to Assignee, and grants to Assignee a continuing security interest in and a general lien upon, all of each of Assignor's now existing or hereafter arising right, title and interest in and to each of the Acquisition Agreements and all proceeds thereunder, including, but not limited to, (a) all rights of each Assignor to receive monies due to become due to it thereunder or in connection therewith; (b) all rights of each Assignor to indemnification and claims for damages or other relief pursuant to such Acquisition Agreements; (c) all rights of each Assignor to perform and exercise all remedies thereunder and to require performance by the other parties thereto; and (d) all proceeds, collections, recoveries and rights of subrogation with respect to the foregoing (all of the foregoing being collectively referred to herein as the "Collateral").

GRANT OF SECURITY INTEREST AND ASSIGNMENT. As collateral security for the prompt performance, observance and indefeasible payment in full of all of the Obligations (as hereinafter defined)Obligations, each Assignor hereby collaterally assigns, pledges, transfers and sets over to Assignee, and grants to Assignee a continuing security interest in and a general lien upon, all of each of Assignor's ’s now existing or hereafter arising right, title and interest in and to each of the Acquisition Merger Agreements and all proceeds thereunderthereof, including, but not limited to, (a) all rights of each Assignor to receive monies due or to become due to it thereunder or in connection therewith; (b) all rights of each Assignor to indemnification and claims for damages or other relief pursuant to such Acquisition or in respect of the Merger Agreements; (c) all rights of each Assignor to perform and exercise all remedies thereunder and to require performance by the other parties theretoto the Merger Agreements of their obligations thereunder; and (d) all proceeds, collections, recoveries and rights of subrogation with respect to the foregoing (all of the foregoing being collectively referred to herein as the "“Collateral"”).

GRANT OF SECURITY INTEREST AND ASSIGNMENT. As collateral security for the prompt performance, observance and indefeasible payment in full of all of the Obligations (as hereinafter defined), each Assignor hereby assigns, pledges, transfers and sets over to Assignee, and grants to Assignee a continuing security interest in and a general lien upon, all of each of Assignor's ’s now existing or hereafter arising right, title and interest in and to each of the Acquisition Agreements and all proceeds thereunder, including, but not limited to, (a) all rights of each Assignor to receive monies due to become due to it thereunder or in connection therewith; (b) all rights of each Assignor to indemnification and claims for damages or other relief pursuant to such or in respect of the Acquisition Agreements; (c) all rights of each Assignor to perform and exercise all remedies thereunder and to require performance by the other parties theretoto the Acquisition Agreements of their obligations thereunder; and (d) all proceeds, collections, recoveries and rights of subrogation with respect to the foregoing (all of the foregoing being collectively referred to herein as the "“Collateral"”).