Common use of Grant of Security Interests Clause in Contracts

Grant of Security Interests. In addition to the other rights provided in this Section 9.9, each Purchaser may directly or indirectly pledge, grant a security interest in, and/or otherwise assign as collateral, any of its rights under its Notes, this Agreement and the other Note Documents, whether now owned or hereafter acquired (including rights to payments of principal or interest on the Term Loans), to (A) any federal reserve bank (pursuant to Regulation A of the Federal Reserve Board), or (B) any holder of, or trustee or agent for the benefit of the holders of, Indebtedness or equity securities of such Purchaser or its Affiliates, in each case without notice to Agent or any Purchaser; provided that no such holder, agent or trustee, whether because of such grant or assignment or any foreclosure thereon (unless such foreclosure is made through an assignment in accordance with clause (b) above), shall be entitled to any rights of such Purchaser hereunder and no such Purchaser shall be relieved of any of its obligations hereunder.

Grant of Security Interests. In addition to the other rights provided in this Section 9.910.2, each Purchaser may directly or indirectly pledge, grant a security interest in, and/or or otherwise assign as collateral, any of its rights under its Notes, this Agreement and the other Note DocumentsAgreement, whether now owned or hereafter acquired (including rights to payments of principal or interest on the Term LoansNotes), to (A) any federal reserve bank (pursuant to Regulation A of the Federal Reserve Board), ) or (B) any holder of, or trustee or agent for the benefit of the holders of, Indebtedness or equity securities of such Purchaser or its Affiliates, in each case without Purchaser’s Securities by notice to Agent or any Purchaserthe other Purchasers; provided provided, however, that no such holder, agent holder or trustee, whether because of such grant or assignment or any foreclosure thereon (unless such foreclosure is made through an assignment in accordance with clause (b) above), shall be entitled to any rights of such Purchaser hereunder and no such Purchaser shall be relieved of any of its obligations hereunder.

Grant of Security Interests. In addition to the other rights provided in this Section 9.9, each Purchaser Lender may directly or indirectly pledge, grant a security interest in, and/or or otherwise assign as collateral, any of its rights under its Notes, this Agreement and the other Note DocumentsAgreement, whether now owned or hereafter acquired (including rights to payments of principal or interest on the Term Loans), to (A) any federal reserve bank (pursuant to Regulation A of the Federal Reserve Board), without notice to Agent or (B) any holder of, or trustee or agent for the benefit of the holders of, such Lender’s Indebtedness or equity securities of such Purchaser or its Affiliatessecurities, in each case without by notice to Agent (which underlying indebtedness to Borrower or any Purchasertheir direct and indirect interests may be privately rated by one or more of the nationally recognized rating agencies); provided provided, however, that no such holder, agent holder or trustee, whether because of such grant or assignment or any foreclosure thereon (unless such foreclosure is made through an assignment in accordance with clause (b) above), shall be entitled to any rights of such Purchaser Lender hereunder and no such Purchaser Lender shall be relieved of any of its obligations hereunder.

Grant of Security Interests. In addition to the other rights provided in this Section 9.910.9, each Purchaser Lender may directly or indirectly pledge, grant a security interest in, and/or or otherwise assign as collateral, directly or indirectly, any of its rights under its Notesthis Agreement, this Agreement the Notes and all of the other Note Loan Documents, whether now owned or hereafter acquired (including rights to payments of principal or interest on the Term Loans), to (A) any federal reserve bank (pursuant to Regulation A of the Federal Reserve Board), without notice to Agent or (B) any holder of, or trustee or agent for the benefit of the holders of, such Lender’s Indebtedness or equity securities of such Purchaser or its Affiliatessecurities, in each case without by notice to Agent or any PurchaserAgent; provided provided, however, that no such holder, agent holder or trustee, whether because of such grant or assignment or any foreclosure thereon (unless such foreclosure is made through an assignment in accordance with clause (b) above), shall be entitled to any rights of such Purchaser Lender hereunder and no such Purchaser Lender shall be relieved of any of its obligations hereunder.