Common use of Grant of Security Interest in Equipment Collateral Clause in Contracts

Grant of Security Interest in Equipment Collateral. (a) As security for the payment and performance of all the obligations of the Seller hereunder and as additional enhancement to enable Triple-A, the Liquidity Banks and CapMAC to fully recover Capital and accrued and unpaid Yield and fees, the Seller hereby grants to the Collateral Agent, for the benefit of Triple-A, the Liquidity Banks and CapMAC, a security interest in all of the Seller's right, title and interest in and to the following, whether now owned or hereafter acquired and whether now existing or hereafter arising (the "Equipment Collateral"): all Equipment which is the subject of a Contract for any Purchased Receivable and substitutions therefor and products and proceeds thereof, including, without limitation, all payments under insurance (whether or not the Collateral Agent is the loss payee thereof) or any indemnity, warranty or guaranty, payable by reason of loss or damage to or otherwise with respect to any of the foregoing.

Grant of Security Interest in Equipment Collateral. (a) As security for the payment and performance of all the obligations of Obligations and the Seller hereunder ING Obligations and as additional enhancement to enable Triple-Athe Purchasers, ING, the Liquidity Banks and CapMAC the Insurer to fully recover Capital and accrued and unpaid Yield and feesfees and the ING Obligations, the Seller hereby grants to the Collateral Agent, for the benefit of Triple-Athe Purchasers, ING, the Liquidity Banks and CapMACthe Insurer, a security interest in all of the Seller's ’s right, title and interest in and to the following, whether now owned or hereafter acquired and whether now existing or hereafter arising (the "“Equipment Collateral"”): all Equipment which is the subject of a Contract for any Purchased Receivable and substitutions therefor and products and proceeds thereof, including, without limitation, all payments under insurance (whether or not the Collateral Agent is the loss payee thereof) or any indemnity, warranty or guaranty, payable by reason of loss or damage to or otherwise with respect to any of the foregoing. This Section 2.11 shall not be construed to limit the scope or applicability of the security interested granted in Section 2.01.

Grant of Security Interest in Equipment Collateral. (a) As security for the payment and performance of all the obligations of the Seller hereunder and as additional enhancement to enable Triple-A, the Liquidity Banks and CapMAC to fully recover Capital and accrued and unpaid Yield and fees, the Seller hereby grants to the Collateral Agent, for the benefit of Triple-A, the Liquidity Banks and CapMAC, a security interest in all of the Seller's right, title and interest in and to the following, whether now owned or hereafter acquired and whether now existing or hereafter arising (the "Equipment CollateralEQUIPMENT COLLATERAL"): all Equipment which is the subject of a Contract for any Purchased Receivable and substitutions therefor and products and proceeds thereof, including, without limitation, all payments under insurance (whether or not the Collateral Agent is the loss payee thereof) or any indemnity, warranty or guaranty, payable by reason of loss or damage to or otherwise with respect to any of the foregoing.

Grant of Security Interest in Equipment Collateral. (a) As security for the payment and performance of all the obligations of the Seller hereunder and as additional enhancement to enable Triple-A, ING, the Liquidity Banks and CapMAC to fully recover Capital and accrued and unpaid Yield and feesfees and the ING Obligations, the Seller hereby grants to the Collateral Agent, for the benefit of Triple-A, ING, the Liquidity Banks and CapMAC, a security interest in all of the Seller's right, title and interest in and to the following, whether now owned or hereafter acquired and whether now existing or hereafter arising (the "Equipment CollateralEQUIPMENT COLLATERAL"): all Equipment which is the subject of a Contract for any Purchased Receivable and substitutions therefor and products and proceeds thereof, including, without limitation, all payments under insurance (whether or not the Collateral Agent is the loss payee thereof) or any indemnity, warranty or guaranty, payable by reason of loss or damage to or otherwise with respect to any of the foregoing.