GRANTING PROVISIONS. Section 3.1. Granting of Leasehold Estate 5 Section 3.2. Lease Term 5 Section 3.3. Possession and Use of the Project 5 Section 3.4. Title to the Project 6 ARTICLE IV
GRANTING PROVISIONS. 4.1. As security for the prompt performance, observance and payment in full of all Obligations, Borrower hereby grants to FINOVA a continuing security interest in, lien upon and right of setoff against, and Borrower hereby assigns, transfers, pledges and sets over to FINOVA the following (which, together with any of Borrower's other property in which FINOVA may at any time have a security interest or lien, whether pursuant to any supplement or amendment hereto, or otherwise, all of which are herein collectively referred to as the "Collateral"): (a) All of Borrower's present and future Accounts; (b) all of Borrower's monies, securities and other property and the proceeds thereof, now or hereafter held or received by, or in transit to, FINOVA from or for Borrower, or for the account of Borrower, whether for safekeeping, pledge, custody, transmission, collection or otherwise, and all of Borrower's deposits (general or special) including, but not limited to security deposits, balances, sums and credits with FINOVA at any time existing or with a third party for the Borrower's account; (c) all of Borrower's present and future right, title and interest, and all of Borrower's present and future rights, remedies, security and liens, in, to and in respect of the Accounts and other Collateral, including, without limitation, rights of stoppage in transit, replevin, repossession and reclamation and other rights and remedies of an unpaid vendor, lienor or secured party, guarantees or other contracts of suretyship with respect to the Accounts, deposits or other security for the obligation of any Account Debtor, and credit and other insurance; (d) all of Borrower's present and future right, title and interest in, to and in respect of all goods relating to, or which by sale have resulted in, Accounts including, without limitation, all goods described in invoices, documents, contracts or instruments with respect to, or otherwise representing or evidencing, any Accounts or other Collateral, including without limitation, all returned, reclaimed or FINOVA Capital Corporation Security Agreement
GRANTING PROVISIONS. The Mortgagor does hereby grant, bargain, sell, release, convey, assign, transfer, grant a security interest in, mortgage and warrant to Mortgagee, its successors and assigns forever, all of the estate, title and interest of Mortgagor, in law or equity, in and to (a) the certain real estate located in Grand Traverse County, Michigan, more particularly described in Exhibit A attached hereto, and (b) such real estate and the buildings and improvements now existing, being constructed, or hereafter constructed or placed thereon, all of the rights, privileges, licenses, easements and appurtenances belonging to such real estate (including all heretofore or hereafter vacated streets or alleys which are about such real estate), and all fixtures of every kind whatsoever located in or on, or attached to, and used or intended to be used in connection with or with the operation of such real estate, buildings, structures or other improvements thereon or in connection with any construction now or to be conducted or which may be conducted thereon, together with all building materials and equipment now or hereafter delivered to such real estate and intended to be installed therein; any rental revenues, payments, repayments, income, profits, charges, accounts, general intangibles, and moneys derived by Mortgagor from the lease, sublease, sale, rental or other disposition of such property, including, but not limited to, all rights conferred by Act No. 210 of the Michigan Public Acts of 1953, as amended (MCLA 554.231 et seq.), and Act No. 228 of the Michigan Public Acts of 1925 as amended (MCLA 554.211 et seq.) (“Rents”) and subject to the terms and conditions herein, the proceeds from any insurance proceeds or condemnation award pertaining thereto (the foregoing provisions shall constitute an absolute and present assignment of the Rents and other benefits derived from the Property, subject however to the conditional permission given to Mortgagor to collect and use such rentals, revenues and other benefits that are hereinabove provided until the occurrence of an Event of Default and the existence or exercise of such right shall not operate to subordinate this assignment to any subsequent assignment, in whole or in part, by the Mortgagor); and all extensions, additions, improvements, betterments, renewals, substitutions and replacements to any of the foregoing, and the proceeds of any of the foregoing (all of the foregoing being hereinafter collectively called “Property”). Th...
GRANTING PROVISIONS. Section 3.1. Granting of Leasehold Estate 4
GRANTING PROVISIONS. Section 3.1. Lease of Project Site 3 Section 3.2. Lease Term 3 Section 3.3. Termination of the Lease Term 4
GRANTING PROVISIONS. Section 3.1. Granting of Leasehold Estate 3 Section 3.2. Series 2021A Sublease Term 3 Section 3.3. Possession and Use of the Series 2021A Project 3 ARTICLE IV PURCHASE, CONSTRUCTION, RENOVATION, INSTALLATION AND EQUIPPING OF THE SERIES 2021A PROJECT Section 4.1. Issuance of the Bonds 4 Section 4.2. Purchase, Construction, Renovation, Installation and Equipping of the Series 2021A Project 4 ARTICLE V
GRANTING PROVISIONS. Section 3.1. Granting of Leasehold Estate.......................................................... 6 Section 3.2.
GRANTING PROVISIONS. (1) Unilever hereby grants to Behringwerke and Behringwerke accepts a non-exclusive licence under each of the Unilever Patents in and for the Territory with effect from the date of this Agreement and duration until terminated under the provisions of clause 3 hereof: In any case where Unilever is not the registered owner of any of the Unilever Patents, Unilever undertakes to procure for Behringwerke the grant of such a licence from the registered owner:
GRANTING PROVISIONS. 4.1. As security for the prompt performance, observance and payment in full
GRANTING PROVISIONS. Section 3.1. Granting of Leasehold Estate 6 Section 3.2. Lease Term 7 Section 3.3. Possession and Use of the Project 7 ARTICLE IV PURCHASE, CONSTRUCTION, INSTALLATION AND EQUIPPING OF THE PROJECT Section 4.1. Issuance of the Bonds 7 Section 4.2. Purchase, Construction, Installation and Equipping of the Project 8 Section 4.3. Project Costs 9 Section 4.4. Payment for Project Costs 9 Section 4.5. Establishment of Completion Date 9 Section 4.6. Surplus or Deficiency in Construction Fund 10 Section 4.7. Project Property of City 10 Section 4.8. Machinery and Equipment Purchased by the Company 10
