Common use of Grant of Transaction Liens Clause in Contracts

Grant of Transaction Liens. (a) In order to secure Obligations, including the Obligations under the Secured Guarantee, as applicable, the Grantor grants to the Agent for the benefit of the Secured Parties a continuing security interest in all the following property of the Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the “New Collateral”): [describe property being added to the Collateral]2

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (School Specialty Inc), Guarantee and Collateral Agreement (School Specialty Inc), Guarantee and Collateral Agreement (School Specialty Inc)

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Grant of Transaction Liens. (a) In order to secure Obligations, including the Obligations under the Secured Guarantee, as applicable, the Grantor grants to the Collateral Agent for the benefit of the Secured Parties a continuing security interest in all the following property of the Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the “New Collateral”): [describe property being added to the Collateral]2

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (School Specialty Inc), Guarantee and Collateral Agreement (School Specialty Inc)

Grant of Transaction Liens. i. (a) In order to secure Obligations, including the Obligations under the Secured Guarantee, as applicableObligations, the Grantor grants to the Collateral Agent for the benefit of the Collateral Agent, the Trustee and the other Secured Parties a continuing security interest in all the following property of the GrantorGrantor of the type described in Section 2(a) of the Security Agreement and subject to the exclusions and limitations set forth in Section 2, whether now owned or existing or hereafter acquired or arising and regardless of where located (the “New Collateral”): [describe property being added to the Collateral]2).

Appears in 1 contract

Samples: Security Agreement (Cloud Peak Energy Inc.)

Grant of Transaction Liens. (a) In order to secure the Secured Obligations, including the Obligations under the Secured Guarantee, as applicable, the Lien Grantor grants to the Collateral Agent for the benefit of the Secured Parties a continuing security interest in all the following property of the Lien Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the “New Collateral”): [describe property being added to the Collateral]2):

Appears in 1 contract

Samples: Security Agreement (Evergreen Energy Inc)

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Grant of Transaction Liens. (a) In order to secure Obligations, including the Obligations under the Secured Guarantee, as applicableObligations, the Grantor grants to the Collateral Agent for the benefit of the Collateral Agent, the Trustee and the other Secured Parties a continuing security interest in all the following property of the GrantorGrantor of the type described in Section 2(a) of the Security Agreement and subject to the exclusions and limitations set forth in Section 2, whether now owned or existing or hereafter acquired or arising and regardless of where located (the “New Collateral”): [describe property being added to the Collateral]2).

Appears in 1 contract

Samples: Security Agreement (Cloud Peak Energy Inc.)

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