Products and Proceeds. All products and Proceeds of the foregoing in whatever form and wherever located, including, without limitation, all insurance proceeds and all claims against third parties for loss or destruction of or damage to any of the foregoing.
Products and Proceeds. To secure payment and performance of all Liabilities, BORROWER hereby creates in favor of LENDER and hereby grants to LENDER a security interest in Proceeds and in all products of the Collateral.
Products and Proceeds. The Liens and security interests granted by Mortgagor under this Deed of Trust include all products and Proceeds of the Mortgaged Property.
Products and Proceeds. All products, offspring, rents, issues, profits, returns, refunds, income and proceeds of and from any and all of the foregoing Collateral, including the following: all proceeds of the Licenses and Authorizations, all proceeds that constitute property of the types described in this Section 1.1, all proceeds deposited from time to time in any lock boxes of Grantor, and, to the extent not otherwise included, all payments, unearned premiums and cash or surrender value under insurance policies (whether or not Administrative Agent or any Lender is a loss payee or additional insured thereof), and any indemnity, warranty or guaranty payable by reason of loss or damage to or otherwise with respect to any of the foregoing Collateral; in each instance (whether or not expressly specified above), wherever located, and whether now existing, owned, leased or licensed or hereafter acquired , leased, licensed, arising, developed, generated, adopted or created for or by Grantor, and howsoever Grantor's interest therein may arise or appear (whether by ownership, security interest, claim or otherwise). Provided, however, notwithstanding the foregoing, in the event that the Grantor's rights in or with respect to any Collateral consisting of (A) Related Contracts, (B) Contract Rights, (C) Equipment that is subject to a prior leasehold interest or security interest in favor of a third party which prohibits the Grantor from encumbering its interest in such Equipment, or (D) a general intangible, in each case, would be forfeited or would become void, voidable, terminable or revocable, or if the Grantor would be deemed to have breached, violated or defaulted under any Related Contract, solely as a consequence of the collateral assignment or grant of a security interest created by this Agreement (collectively, the "Excepted Collateral"), then such Collateral shall be excepted and excluded from the Security Interest granted by this Agreement and the related definitions of Accounts, Contract Rights, Related Contracts, Receivables, Inventory and Equipment contained in this Agreement, as applicable, but only to the extent necessary to avoid such forfeiture, voidness, voidability, terminability, revocability, breach, violation or default and only in the event that any such breach, violation, default or other event cannot be remedied by the Grantor using its good faith efforts (but without any obligation to make any expenditures of money or commence legal proceedings) unless any such pro...
Products and Proceeds. All products and proceeds of any and all of the foregoing, including, but not limited to, proceeds which constitute property of the types described in the foregoing paragraphs of this Section 2 and, to the extent not otherwise included, all payments under insurance (whether or not Secured Party 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; provided, however, notwithstanding anything to the contrary contained in this Agreement or the other Loan Documents, no lien or security interest is hereby granted on or created in any Excluded Property (as defined below) and the Collateral shall not include any Excluded Property. “Excluded Property” means, collectively, (1) any voting stock (or other voting equity interests) in excess of 65% of the outstanding voting stock (or other voting equity interests) of any foreign Subsidiary, (2) any claims or causes of action of the Estates under Chapter 5 of the Bankruptcy Code and the proceeds thereof, (3) any property that is, as of the date of this Agreement, the subject of a pending sale motion by Debtor before the Bankruptcy Court, and (4) Non-Core Assets.
Products and Proceeds. All products and proceeds of the Collateral from the sale or other disposition of any of the Collateral described or referred to in Sections 5.2(a)-(d), including (without limitation) all accounts, instruments, chattel paper or other rights to payment, money, insurance proceeds and all refunds of insurance premiums due or to become due under all insurance policies covering the forgoing property. Notwithstanding the foregoing, the security interest granted herein shall not extend to and the term “Collateral” shall not include any contract right or licenses to the extent that any such contract or license prohibits the granting of a security interest therein, and the granting of a security interest in such contract or license would cause the Company to be in breach thereof or otherwise lose its rights thereunder.
Products and Proceeds. The Liens and Security Interests Granted by Grantor to Beneficiary Under This Deed of Trust Include All Products and Proceeds of the Trust Estate.
Products and Proceeds. All products and proceeds of the Collateral from the sale or other disposition of any of the Collateral described or referred to in 6(b)(i)-(iv), including (without limitation) all accounts, instruments, chattel paper or other rights to payment, money, insurance proceeds and all refunds of insurance premiums due or to become due under all insurance policies covering the forgoing property.
Products and Proceeds. All accessions, additions, attachments, improvements, substitutions and replacements thereto and therefor, and all proceeds, products, offspring, rents, issues, profits and returns of and from any of the Collateral described in subsection (a) above and, to the extent not otherwise included, all payments under any insurance policy or payments (whether or not Trinity is the loss payee thereof), and any indemnity, warranty or guaranty, payable by reason of loss or damage to or otherwise with respect to any of the foregoing Collateral.
Products and Proceeds. All products and proceeds of any of the foregoing, or with respect to the Premises, including without limitation, insurance proceeds, proceeds of any voluntary or involuntary disposition or diminution in value of any of the foregoing or of the Premises, and any claim respecting any thereof (pursuant to judgment, condemnation award or otherwise) and all goods, accounts, general intangibles, chattel paper, instruments, documents, consumer goods, equipment and inventory, wherever located, acquired with the proceeds of any of the foregoing or proceeds thereof. For purposes of this Agreement, the term “proceeds” means whatever is received when any of the foregoing or the proceeds thereof (including, without limitation, cash proceeds) is sold, exchanged or otherwise disposed of (including involuntary dispositions or destruction and claims for damages thereto), including without limitation cash proceeds, insurance proceeds, condemnation proceeds, and any other rights or property arising under or receivable upon any such disposition. The security interest is granted in the Collateral for the purpose of securing the following obligations (“Obligations”): (a) payment of the indebtedness evidenced by the Note; (b) the strict performance and observance of all agreements, warranties, covenants and conditions of Debtor contained in the Note, Security Deed, Assignment of Rents, this Agreement, the other Loan Documents, and every other instrument securing payment of the Note; and (c) the repayment of all monies expended by Secured Party under the provisions hereof, the Security Deed, the Assignment of Rents, the other Loan Documents, or any other instrument securing payment of the Note, with interest thereon from the date of expenditure at the Default Rate (as defined in the Note); upon the terms and conditions set forth herein.
