Common use of Grant of Security Interests Clause in Contracts

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable Obligations, each Assignor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appear, a continuing security interest in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:

Appears in 2 contracts

Samples: Security Agreement (Reynolds American Inc), Security Agreement (Reynolds American Inc)

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Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable Obligations, each Assignor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appear, a continuing security interest in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:

Appears in 2 contracts

Samples: Security Agreement (Rj Reynolds Tobacco Holdings Inc), Security Agreement (Reynolds American Inc)

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable the Obligations, each Assignor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby pledge and grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appearCreditors, a continuing security interest of first priority in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:

Appears in 2 contracts

Samples: Security Agreement (Transworld Home Healthcare Inc), Security Agreement (Jordan Industries Inc)

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable Obligations, each Assignor does hereby sell, assign pledge and transfer unto grant to the Collateral Agent, and does hereby grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appearCreditors, a continuing security interest in, in all of the right, title and interest of such Assignor in, to and under all of the followingfollowing personal property (and all rights therein) of such Assignor, or in which or to which such Assignor has any rights, in each case whether now existing or hereafter from time to time acquired:

Appears in 1 contract

Samples: Security Agreement (Tesla Motors Inc)

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable the Secured Obligations, each Assignor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby grant to the Collateral Agent Agent, for the benefit of the relevant Collateral Agent and the Secured Creditors as their interests may appearCreditors, a continuing security interest of first priority in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:acquired (collectively, the "Collateral"):

Appears in 1 contract

Samples: Security Agreement (Airborne Inc /De/)

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable the Secured Obligations, each Assignor Debtor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby pledge and grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appearParties, a continuing security interest in, all of the right, title and interest of such Assignor Debtor in, to and under all of the following, whether now existing or hereafter from time to time acquired:

Appears in 1 contract

Samples: Security Agreement (Stonemor Partners Lp)

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable the Obligations, each Assignor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby grant to the Collateral Agent Agent, for the benefit of the relevant Secured Creditors as their interests may appearCreditors, a continuing security interest of first priority in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:acquired (collectively, the "Collateral"):

Appears in 1 contract

Samples: Security Agreement (Safety Components International Inc)

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable the Obligations, each Assignor does hereby sell, assign and transfer unto the First-Lien Collateral Agent, and does hereby pledge and grant to the First-Lien Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appearCreditors, a continuing security interest in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:

Appears in 1 contract

Samples: Security Agreement (EnerSys)

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Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable Obligations, each Assignor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby pledge and grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appearCreditors, a continuing security interest in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:

Appears in 1 contract

Samples: Security Agreement (Southwest General Hospital Lp)

Grant of Security Interests. (a) As collateral security for the prompt and complete payment and performance of the Secured Obligations when due of all of its Applicable Obligationsdue, and to induce the Administrative Agent and the Lenders to enter into the Credit Agreement and to make the Loans and provide the other financial accommodations to Borrower contemplated therein, each such Assignor does hereby sellgrant, pledge, assign and transfer unto the Collateral Agent, and does hereby grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appear, a continuing security interest in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:in its capacity

Appears in 1 contract

Samples: Collateral Security Agreement (Huntsman International LLC)

Grant of Security Interests. (a) As collateral security for the prompt and complete payment and performance when due by each Assignor of all of its Applicable such Assignor’s Obligations, and to induce the Administrative Agent and the Lenders to enter into the Credit Agreement and to make the Loans and provide the other financial accommodations to Borrower contemplated therein, each such Assignor does hereby sellgrant, pledge, assign and transfer unto the Collateral Agent, and does hereby grant to the Collateral Agent, in its capacity as Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appearhereunder, a continuing security interest in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:subject to

Appears in 1 contract

Samples: Security Agreement (Huntsman LLC)

Grant of Security Interests. (a) As security for the prompt and complete payment and performance when due of all of its Applicable the Obligations, each Assignor does hereby sell, assign and transfer unto the Collateral Agent, and does hereby pledge and grant to the Collateral Agent for the benefit of the relevant Secured Creditors as their interests may appearCreditors, a continuing security interest in, all of the right, title and interest of such Assignor in, to and under all of the following, whether now existing or hereafter from time to time acquired:acquired (i) each and every Receivable, (ii) all Inventory and (iii) all Proceeds and products of the Receivables (collectively, the "Collateral").

Appears in 1 contract

Samples: Security Agreement (Memc Electronic Materials Inc)

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